Global Digital Oilfield Market (2019 Edition): Key Players covered, Kongsberg Gruppen, Schlumberger, Halliburton, Weir Group, National Oilwell Varco, Siemens, Sinopec Corporation, Baker Hughes Inc., Honeywell International, Weatherford International

Research By Markets adds Market Research Report - Global Digital Oilfield Market (2019 Edition): Key Players covered, Kongsberg Gruppen, Schlumberger, Halliburton, Weir Group, National Oilwell Varco, Siemens, Sinopec Corporation, Baker Hughes Inc., Honeywell International, Weatherford International

For detailed information: https://www.researchbymarkets.com/report/global-digital-oilfield-market-analysis-by-technology-end-process-application-by-region-by-country-2019-edition-opportunities-and-forecast-2019-2024-by-technology-hardware-software-and-services-data-ion-451132.html

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 queries regarding this report: https://www.researchbymarkets.com/sample-request/451132

Contact Us:
ResearchByMarkets.com
Sales Desk
enquiry@researchbymarkets.com
https://www.researchbymarkets.com
https://www.researchbymarkets.com/aboutus

Follow us on Social Media:
Facebook: https://www.facebook.com/researchbymarkets/
LinkedIn: https://www.linkedin.com/company/researchmarkets
Twitter: https://twitter.com/ResearchByMrkts

Ritesh Tiwari is the Founder of Research By Markets, a leading Market Research Reports Reseller trusted by Fortune listed companies for their requirements of Syndicated and Custom Market Research Reports. Ritesh has an overall experience of 18+ years in Recruitments, Sales and Operations. He has been associated with the Market Research industry for the past 7 years. He is an avid foodie as well as a huge football fan being a supporter of Manchester United (EPL) and FC Barcelona (La Liga). Get in touch with him via ritesh@researchbymarkets.com. *Market Research News is a part of Research By Markets.