The global Digital Oilfield Market is estimated to grow at a CAGR during the forecast period 2021-2027. The market is anticipated to reach US$ 32 Billion by 2027, according to a recently published report by Astute Analytica. The report provides a comprehensive analysis of segments in the Digital Oilfield market, covering all the major regions and countries. The major regions analyzed in the study are North America, Europe, Asia Pacific, South America, and Middle East & Africa. The report also includes additional information related to key market determinants such as trends, drivers, challenges, and restraints that hinders the overall market growth with an overview for each mentioned segment in the study.
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Key market segments of the Digital Oilfield Market are:
- By Component:
- Distributed control systems (DCS)
- Supervisory control and data acquisition (SCADA)
- Smart wells
- Safety systems
- Wireless sensors
- Programmable logic controller (PLC)
- Computer equipment & application hardware
- Process automation manager
- Human-machine interaction instrument
- IT Services & Commissioning
- Collaborative product management (CPM)
- Data Storage Solutions
- Cloud Hosted
- By Process:
- Production optimization
- Drilling optimization
- Reservoir optimization
- Safety management
- By Location:
- By End-users:
- Asia Pacific
- North America
- South America
- Middle East & Africa
The research study offers a detailed regional analysis of global market scenarios, by including current market trends and future forecasts. The study also offers an in-depth analysis of major driving factors, market segments, regional and country-level analysis, and key players present in the market. Moreover, the report also focuses on competitive scenarios across different geographies, along with some key market strategies such as mergers and acquisitions, R&D activities, new product developments, and more.
List of major players operating in the Digital Oilfield market:
The market-oriented strategies adopted by market players in order to stand with market competition. The market strategies are Mergers & Acquisitions, New Product Launches, Business Expansions, Partnerships, Agreement & Collaborations.
Major players present in the market are listed in the company profile section of the research report, some key players are—
- IZEA Worldwide
- ABB Ltd.
- Accenture PLC
- Aker Solutions
- China Oilfield Services
- DNV GL
- Expro Group
- Intel Corporation
- Microsoft Corporation
- Nalco Champion
- SAP SE
- Other Prominent Players
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Why purchase this report
- The report provides an in-depth analysis of the current and future market trends.
- Analysis based on historical information along with the current trends to estimate the future of the market.
- Key strategic initiatives considered by major players operating in the market along with benchmark studies analysis for the key players.
- Analysis at global, regional, and country-level markets.
- Analysis of the impact of constantly changing global market scenarios.
Major highlights of the Table of Contents of the study:
- Market Overview & Summary
- Market Dynamics
In Market Dynamics, various sub-heads were included for analysis such as market drivers, restraints, opportunities, challenges; Market Share Analysis; PORTER’S Analysis; PESTEL Analysis; and Value-chain Analysis.
- Global Digital Oilfield Market by Component
Hardware, Solution/Platform, Data Storage Solutions
- Global Digital Oilfield Market by Process
Production optimization, Drilling Optimization, Reservoir Optimization, Safety management, Others
- Global Digital Oilfield Market by Location
- Global Digital Oilfield Market by End-users
Oil, Gas, Pharmaceutical, Others
- Global Digital Oilfield Market by Geography
- North America
- The U.S.
- Western Europe
- The U.K.
- Rest of Western Europe
- Eastern Europe
- Rest of Eastern Europe
- Asia Pacific
- South Korea
- Australia & NZ
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East
- Saudi Arabia
- Rest of the Middle East
- South Africa
- Rest of Africa
About Astute Analytica
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