The oil industry is expected to significantly increase spending on cloud computing solutions and advanced analytics. By 2030, companies within the sector are forecast to spend over 12 billion U.S. dollars on the IT service alone. This would be nearly four times as much as spending on advanced analytics in that year.
Projected expenditure of oil industry worldwide on cloud computing and advanced analytics from 2019 to 2030
(in billion U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (May 18, 2020). Projected expenditure of oil industry worldwide on cloud computing and advanced analytics from 2019 to 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 06, 2024, from https://www.statista.com/statistics/522088/global-oil-industry-spend-on-it-services/
Statista. "Projected expenditure of oil industry worldwide on cloud computing and advanced analytics from 2019 to 2030 (in billion U.S. dollars)." Chart. May 18, 2020. Statista. Accessed October 06, 2024. https://www.statista.com/statistics/522088/global-oil-industry-spend-on-it-services/
Statista. (2020). Projected expenditure of oil industry worldwide on cloud computing and advanced analytics from 2019 to 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 06, 2024. https://www.statista.com/statistics/522088/global-oil-industry-spend-on-it-services/
Statista. "Projected Expenditure of Oil Industry Worldwide on Cloud Computing and Advanced Analytics from 2019 to 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 18 May 2020, https://www.statista.com/statistics/522088/global-oil-industry-spend-on-it-services/
Statista, Projected expenditure of oil industry worldwide on cloud computing and advanced analytics from 2019 to 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/522088/global-oil-industry-spend-on-it-services/ (last visited October 06, 2024)
Projected expenditure of oil industry worldwide on cloud computing and advanced analytics from 2019 to 2030 (in billion U.S. dollars) [Graph], Statista, May 18, 2020. [Online]. Available: https://www.statista.com/statistics/522088/global-oil-industry-spend-on-it-services/
