123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Market Research Report On Global Digitat Oilfield Market

Profile Picture
By Author: Azoth Analytics Pvt. Ltd.
Total Articles: 11
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Executive Summary

The Global Digital Oilfield Market was valued at USD 23,235.15 Million in the year 2018. Growing Exploration & Production (E&P) activities across the globe, exploration of shale resources as well as CAPEX improvement in upstream sector, technological advancements coupled with the rising demand for reduction in production costs as well as growing safety concerns are the major factors impelling the market growth. Further, environmental benefits include reduction in CO2 emission and avoiding oil spills which has been propelling the digital oilfield market.
Global Digital Oilfield market has gained importance as increasing consumption requirement influences the exploration of offshore oilfields using digital technologies like Big Data, IIoT (Industrial Internet of Things), SCADA system, sensors, real-time data analysis, robots and drones. These markets are influenced by many factors including fluctuating crude oil and natural gas prices, changing consumer preferences, growing concern to reduce greenhouse emission and the overall strength of the economy.
Based on the End Process, the ...
... Production Optimization is estimated to account for the largest share over the forecast period. It includes measuring, modelling, analyzing and prioritizing functions to implement in a well or reservoir to improve its productivity.
Among the regions, Americas currently leads the Digital Oilfield market owing to considerable investments planned in offshore deep water and ultra-deep water drilling activities and growing number of oil and gas wells. Moreover, countries like China, Russia, Saudi Arabia, Iran are expected to grow faster owing to increased investment in the upstream sector.

Scope of the Report

Global Digital Oilfield Market (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Digital Oilfield Market – Size, Growth, Forecast
• Analysis by Technology: Hardware, Software & Services, Data Storage Solutions
• Analysis by End-Process: Reservoir Optimization, Production Optimization, Drilling Optimization, Others
• Analysis by Application: Offshore, Onshore

Regional Digital Oilfield Market - Americas, Europe, APAC, MEA (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Digital Oilfield Market – Size, Growth, Forecast
• Analysis by Technology: Hardware, Software & Services, Data Storage Solutions
• Analysis by End-Process: Reservoir Optimization, Production Optimization, Drilling Optimization, Others
• Analysis by Application: Offshore, Onshore

Country Analysis – U.S., Canada, Mexico, Russia, Norway, United Kingdom, India, China, Saudi Arabia, Iran (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Digital Oilfield Market – Size, Growth, Forecast
• Analysis by Technology: Hardware, Software & Services, Data Storage Solutions
• Analysis by End-Process: Reservoir Optimization, Production Optimization, Drilling Optimization, Others
• Analysis by Application: Offshore, Onshore

Other Report Highlights
• Competitive Landscape
• Leading Companies
• Market Dynamics – Drivers and Restraints.
• Market Trends
• Porter Five Forces Analysis.
• SWOT Analysis.
• Company Analysis – Kongsberg Gruppen, Schlumberger, Halliburton, Weir Group, National Oilwell Varco, Siemens, Sinopec Corporation, Baker Hughes Inc., Honeywell International, Weatherford International.

Customization of the Report
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.

For Sample and TOC:
https://www.azothanalytics.com/report/energy-utilities/global-digital-oilfield-market-analysis-by-technology-end-process-application-by-region-by-country-2019-edition-opportunities-and-forecast-2019-2024-r36272

For more info: akshay@azothanalytics.com

Total Views: 236Word Count: 463See All articles From Author

Add Comment

Business Articles

1. Stem-xpert At Web Summit Qatar 2025, Pursuing Innovative Solutions In Stem-as-a-service
Author: stem-xpert

2. Deepseek’s Rapid Rise: Disrupting The Ai Market Amid Controversy
Author: Iconic success

3. Reimagining Customer Services With Microsoft Dynamics 365 Implementation
Author: Maria

4. Upcoming Developments In Ss Flanges: Possible Effects On Different Industries
Author: Neelam Forge India

5. Mg Hector 5 Seater Price In Chennai: A Detailed Review
Author: balaji

6. Mg Hector Ev Price In Chennai: A Comprehensive Overview
Author: balaji

7. Spring Marketing Trends: How Print And Video Can Refresh Your Brand
Author: Devin Herz

8. Auto Transport Services In South Carolina
Author: Secure Car Shipping

9. Authentication Of Australian Certificates In Canada: A Complete Guide
Author: anzilanx

10. Low Maintenance Plants For Home Landscaping
Author: Apunga Landscapes

11. The Ultimate Guide To Rocking Chairs – Comfort, Style, And Elegance
Author: tushar

12. Bioethanol Market Size Insights Forecast 2024-2030
Author: Nilam Jadhav

13. Touffy Fabric Upholstered Rocking Chair – The Perfect Blend Of Comfort And Elegance
Author: tushar

14. Maximizing Efficiency: Why Small Businesses Should Outsource Bookkeeping And Financial Services
Author: KMK Ventures Pvt Ltd

15. Big Patient Data And The Future Of Real World Evidence: Learnings From Biotechx 2024
Author: Industry Chronicle

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: