Digital Oilfield Market by Solution (Hardware, Software & Service, Data Storage Solutions), Processes (Reservoir, Production, Drilling Optimizations, Safety Management), Application (Onshore, Offshore), Technology and Region - Global Forecast to 2029
The global digital oilfield market is estimated to grow from USD 30.1 billion in 2023 to USD 43.0 Billion by 2029; it is expected to record a CAGR of 6.3% during the forecast period. The Growing global demand for hydrocarbons and growing focus on environmental sustainability drives the digital oilfield market.
“Reservoir Optimization: The second largest segment of the digital oilfield market, by process “
Based on process, the digital oilfield market has been segmented into Production optimization, Drilling optimization, Reservoir optimization, safety management and asset management. The reservoir optimization segment is expected to be the second largest segment during the forecast period. Reservoir optimization enhances hydrocarbon recovery by gaining gain detailed insights into reservoir behavior, adjust production strategies, and optimize well placements. Reservoir optimization also helps in reducing wastage such as unutilized hydrocarbons and inefficient resource extraction.
“Software & Service solutions is expected to be the second largest segment during the forecast period based on solution.”
By solution, the digital oilfield market has been split into three types: hardware solutions, software & services solutions, and data storage solutions. The software & service solutions segment is expected to hold the second largest market share during the forecast period. Software & service solutions are crucial for the successful integration of digital technologies into existing oilfield infrastructure. Also, software & service solutions allow companies to customize them to their specific needs and scale them up or down as their operations evolve.
“By technology, artificial intelligence segment is expected to be the fastest growing segment during the forecast period.”
Based on the Technology, the digital oilfield market is segmented into artificial intelligence, internet of things, robotics and automation, big data and analytics, cloud computing and others. The artificial intelligence segment is expected to be the fastest growing segment of the digital oilfield market during the forecast period. AI algorithms can identify patterns, anomalies, and correlations in data from exploration, drilling, and production activities, providing valuable insights for decision-making. Also, AI can optimize well placement and production strategies for maximum hydrocarbon recovery.
“North America is expected to be the largest region in the digital oilfield market.”
North America is expected to be the largest region in the digital oilfield market during the forecast period. North America has abundant presence of diverse and mature oil and gas reservoirs, particularly in unconventional resources like shale, fuels the necessity for advanced technologies to optimize extraction and production processes. North America is home to major players of the digital oilfield. For example, SLB, Baker Hughes, NOV and more have their headquarters in North America region only.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 57%, Tier 2- 29%, and Tier 3- 14%
By Designation: C-Level- 35%, Director Level- 20%, and Others- 45%
By Region: North America- 15%, Europe- 15%, Asia Pacific- 31%, Middle East- 23%, Africa- 8%, South and Central America- 8%
Note: Others include sales managers, engineers, and regional managers.
Note: The tiers of the companies are defined on the basis of their total revenues as of 2022. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million
The digital oilfield market is dominated by a few major players that have a wide regional presence. The leading players in the digital oilfield market are SLB (US), Weatherford (US), Halliburton (US), Baker Hughes Company (US), and NOV Inc. (US). The major strategy adopted by the players includes new product launches, partnerships, collaboration, acquisition, and investments & expansions.
Research Coverage:
The report defines, describes, and forecasts the global digital oilfield market by process, solution, application, technology and region. It also offers a detailed qualitative and quantitative analysis of the market. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the direct air capture market.
Key Benefits of Buying the Report
“Reservoir Optimization: The second largest segment of the digital oilfield market, by process “
Based on process, the digital oilfield market has been segmented into Production optimization, Drilling optimization, Reservoir optimization, safety management and asset management. The reservoir optimization segment is expected to be the second largest segment during the forecast period. Reservoir optimization enhances hydrocarbon recovery by gaining gain detailed insights into reservoir behavior, adjust production strategies, and optimize well placements. Reservoir optimization also helps in reducing wastage such as unutilized hydrocarbons and inefficient resource extraction.
“Software & Service solutions is expected to be the second largest segment during the forecast period based on solution.”
By solution, the digital oilfield market has been split into three types: hardware solutions, software & services solutions, and data storage solutions. The software & service solutions segment is expected to hold the second largest market share during the forecast period. Software & service solutions are crucial for the successful integration of digital technologies into existing oilfield infrastructure. Also, software & service solutions allow companies to customize them to their specific needs and scale them up or down as their operations evolve.
“By technology, artificial intelligence segment is expected to be the fastest growing segment during the forecast period.”
Based on the Technology, the digital oilfield market is segmented into artificial intelligence, internet of things, robotics and automation, big data and analytics, cloud computing and others. The artificial intelligence segment is expected to be the fastest growing segment of the digital oilfield market during the forecast period. AI algorithms can identify patterns, anomalies, and correlations in data from exploration, drilling, and production activities, providing valuable insights for decision-making. Also, AI can optimize well placement and production strategies for maximum hydrocarbon recovery.
“North America is expected to be the largest region in the digital oilfield market.”
North America is expected to be the largest region in the digital oilfield market during the forecast period. North America has abundant presence of diverse and mature oil and gas reservoirs, particularly in unconventional resources like shale, fuels the necessity for advanced technologies to optimize extraction and production processes. North America is home to major players of the digital oilfield. For example, SLB, Baker Hughes, NOV and more have their headquarters in North America region only.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 57%, Tier 2- 29%, and Tier 3- 14%
By Designation: C-Level- 35%, Director Level- 20%, and Others- 45%
By Region: North America- 15%, Europe- 15%, Asia Pacific- 31%, Middle East- 23%, Africa- 8%, South and Central America- 8%
Note: Others include sales managers, engineers, and regional managers.
Note: The tiers of the companies are defined on the basis of their total revenues as of 2022. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million
The digital oilfield market is dominated by a few major players that have a wide regional presence. The leading players in the digital oilfield market are SLB (US), Weatherford (US), Halliburton (US), Baker Hughes Company (US), and NOV Inc. (US). The major strategy adopted by the players includes new product launches, partnerships, collaboration, acquisition, and investments & expansions.
Research Coverage:
The report defines, describes, and forecasts the global digital oilfield market by process, solution, application, technology and region. It also offers a detailed qualitative and quantitative analysis of the market. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the direct air capture market.
Key Benefits of Buying the Report
- Redevelopment of mature oilfields and need for safety are few of the key factors driving the digital oilfield market. Factors such as data security concerns restrain the growth of the market. The growing energy transition towards reducing carbon emission is expected to present lucrative opportunities for the players operating in the direct air capture market. The limited infrastructure poses a major challenge for the players, especially for emerging players operating in the digital oilfield market.
- Product Development/ Innovation: The digital oilfield market is witnessing significant development and innovation, driven by the growing demand for environmentally friendly, safe and sustainable products. Companies are investing in developing advanced digital oilfield equipment and software
- Market Development: Baker Hughes Company signed an agreement with Amazon Web Services, Inc. (AWS) to develop and market the cloud-based Leucipa automated field production solution. The collaboration aims to enhance efficiency in oil and gas operations.
- Market Diversification: BHGE launched a digital platform, LUMEN, which provides continuous aerial vehicle (UAV) methane monitoring unmanned solution for oil & gas.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.3.4 CURRENCY CONSIDERED
1.4 LIMITATIONS
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
1.7 IMPACT OF RECESSION
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 DIGITAL OILFIELD MARKET: RESEARCH DESIGN
2.2 DATA TRIANGULATION
FIGURE 2 DATA TRIANGULATION METHODOLOGY
2.3 PRIMARY AND SECONDARY RESEARCH
2.3.1 SECONDARY DATA
2.3.1.1 List of major secondary sources
2.3.1.2 Key data from secondary sources
2.3.2 PRIMARY DATA
2.3.2.1 Key data from primary sources
2.3.2.2 List of key participants for primary interviews
2.3.2.3 Key industry insights
2.3.2.4 Breakdown of primaries
2.4 MARKET SIZE ESTIMATION
2.4.1 BOTTOM-UP APPROACH
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.4.2 TOP-DOWN APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.5 DEMAND-SIDE ANALYSIS
FIGURE 5 MAIN METRICS CONSIDERED TO ANALYZE AND ASSESS DEMAND FOR DIGITAL OILFIELD SOLUTIONS
2.5.1 ASSUMPTIONS FOR DEMAND-SIDE ANALYSIS
2.5.2 CALCULATIONS FOR DEMAND-SIDE ANALYSIS
2.6 KEY INFLUENCING FACTORS/DRIVERS FOR MARKET SIZE ESTIMATION
2.6.1 RIG COUNT
FIGURE 6 CRUDE OIL PRICE VS. RIG COUNT
2.6.2 PRODUCTION
FIGURE 7 CRUDE OIL PRODUCTION
2.6.3 CRUDE OIL PRICES
FIGURE 8 CRUDE OIL PRICE TREND
2.6.4 REGIONAL ANALYSIS
2.7 SUPPLY-SIDE ANALYSIS
FIGURE 9 KEY STEPS CONSIDERED TO ASSESS SUPPLY OF DIGITAL OILFIELD SOLUTIONS
2.7.1 ASSUMPTIONS FOR SUPPLY-SIDE ANALYSIS
2.7.2 CALCULATIONS FOR SUPPLY-SIDE ANALYSIS
2.8 RISK ASSESSMENT
2.9 RESEARCH ASSUMPTIONS
2.10 RECESSION IMPACT
2.11 RESEARCH LIMITATIONS
2.12 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON DIGITAL OILFIELD MARKET
3 EXECUTIVE SUMMARY
TABLE 1 DIGITAL OILFIELD MARKET SNAPSHOT
FIGURE 10 NORTH AMERICA HELD LARGEST MARKET SHARE IN 2023
FIGURE 11 ONSHORE SEGMENT TO LEAD MARKET IN 2029
FIGURE 12 PRODUCTION OPTIMIZATION SEGMENT TO DISPLAY HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 13 HARDWARE SOLUTION SEGMENT TO CAPTURE LARGEST MARKET SHARE IN 2029
FIGURE 14 ARTIFICIAL INTELLIGENCE TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN DIGITAL OILFIELD MARKET
FIGURE 15 GROWING NEED TO OPTIMIZE OPERATIONS TO ENHANCE PRODUCTIVITY TO BOOST MARKET GROWTH DURING FORECAST PERIOD
4.2 DIGITAL OILFIELD MARKET, BY REGION
FIGURE 16 MIDDLE EAST DIGITAL OILFIELD MARKET TO WITNESS HIGHEST GROWTH DURING FORECAST PERIOD
4.3 DIGITAL OILFIELD MARKET, BY PROCESS
FIGURE 17 PRODUCTION OPTIMIZATION SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029
4.4 DIGITAL OILFIELD MARKET, BY SOLUTION
FIGURE 18 HARDWARE SOLUTION SEGMENT TO DOMINATE MARKET IN 2029
4.5 DIGITAL OILFIELD MARKET, BY APPLICATION
FIGURE 19 ONSHORE SEGMENT TO DOMINATE MARKET IN 2029
4.6 DIGITAL OILFIELD MARKET, BY TECHNOLOGY
FIGURE 20 ROBOTICS AND AUTOMATION SEGMENT TO DOMINATE MARKET IN 2029
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 21 DIGITAL OILFIELD MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Revitalization of mature oilfields
5.2.1.2 Need for safe environment for personnel working on oilfield projects
FIGURE 22 GLOBAL OIL DEMAND, 2019–2028 (THOUSAND BARRELS PER DAY)
5.2.1.3 Growing environmental concerns
5.2.2 RESTRAINTS
5.2.2.1 Growing cyberattacks and data breaches in oil and gas sector
5.2.2.2 High initial investment in digitalization of oilfields
5.2.3 OPPORTUNITIES
5.2.3.1 Rising investment in offshore exploration
5.2.3.2 Real-time monitoring through sensors and IoT devices
5.2.4 CHALLENGES
5.2.4.1 Interoperability of multiple system components from different solution providers
5.2.4.2 Impeded operational efficiency due to limited IT infrastructure
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 23 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.4 SUPPLY CHAIN ANALYSIS
FIGURE 24 DIGITAL OILFIELD MARKET: SUPPLY CHAIN ANALYSIS
5.4.1 HARDWARE/EQUIPMENT MANUFACTURERS
5.4.2 SOFTWARE AS A SERVICE PROVIDERS
5.4.3 INTEGRATORS/SERVICE PROVIDERS
5.4.4 OILFIELD OPERATORS
5.5 ECOSYSTEM ANALYSIS
FIGURE 25 DIGITAL OILFIELD MARKET: ECOSYSTEM ANALYSIS
TABLE 2 COMPANIES AND THEIR ROLES IN DIGITAL OILFIELD ECOSYSTEM
FIGURE 26 ROLE OF PARTICIPANTS IN DIGITAL OILFIELD ECOSYSTEM
5.6 TECHNOLOGY ANALYSIS
5.6.1 KEY TECHNOLOGIES
5.6.1.1 Artificial intelligence
5.6.1.2 Internet of Things
5.6.1.3 Cloud computing
5.6.1.4 Blockchain
5.6.1.5 Big data and analytics
5.6.2 COMPLEMENTARY TECHNOLOGIES
5.6.2.1 Digital twin
5.6.2.2 AR and VR
5.6.2.3 Robotics and automation
5.6.2.4 Wireless communication
5.6.3 ADJACENT TECHNOLOGIES
5.6.3.1 Environmental monitoring technologies
5.6.3.2 Supply chain management technology
5.7 CASE STUDY ANALYSIS
5.7.1 CAIRN OIL & GAS DIGITALIZES WELL INTEGRATION AND FUEL ASSURANCE TO ENHANCE PERFORMANCE OF WELLS
5.7.2 BPX ENERGY ADOPTS AVEVA'S SOLUTION TO ENHANCE ESP PERFORMANCE
5.7.3 BAKER HUGHES AND C3 AI REVOLUTIONIZE GTC OPERATIONS OF OIL AND GAS COMPANY WITH BHC3 RELIABILITY APPLICATION
5.8 PATENT ANALYSIS
FIGURE 27 INNOVATIONS AND PATENT REGISTRATIONS PERTAINING TO DIGITAL OILFIELD SOLUTIONS, 2012–2023
TABLE 3 DIGITAL OILFIELD MARKET: INNOVATIONS AND PATENT REGISTRATIONS, 2021–2023
5.9 INVESTMENT AND FUNDING SCENARIO
5.10 PRICING ANALYSIS
5.10.1 AVERAGE SELLING PRICE TREND OF DIGITAL OILFIELD HARDWARE COMPONENTS, BY REGION
TABLE 4 AVERAGE SELLING PRICE TREND OF DIGITAL OILFIELD HARDWARE COMPONENTS, BY REGION, 2023–2029 (USD THOUSAND)
FIGURE 28 AVERAGE SELLING PRICE TREND OF DIGITAL OILFIELD HARDWARE COMPONENTS, BY REGION, 2023–2029 (THOUSAND USD)
5.10.2 INDICATIVE PRICING ANALYSIS OF DIGITAL OILFIELD HARDWARE SOLUTIONS, 2023–2029
TABLE 5 INDICATIVE PRICE TREND OF DIGITAL OILFIELD HARDWARE SOLUTIONS, 2023–2029 (USD)
FIGURE 29 INDICATIVE PRICE TREND OF DIGITAL OILFIELD HARDWARE SOLUTIONS, 2023–2029 (USD)
5.11 TRADE ANALYSIS
5.11.1 EXPORT SCENARIO
TABLE 6 EXPORT DATA FOR HS CODE 270900-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD THOUSAND)
FIGURE 30 EXPORT DATA FOR HS CODE 270900-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD THOUSAND)
5.11.2 IMPORT SCENARIO
TABLE 7 IMPORT DATA FOR HS CODE 270900-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD THOUSAND)
FIGURE 31 IMPORT DATA FOR HS CODE 270900-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD THOUSAND)
5.12 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 8 DIGITAL OILFIELD MARKET: LIST OF CONFERENCES AND EVENTS, 2024–2025
5.13 REGULATORY LANDSCAPE
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 9 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 10 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 MIDDLE EAST: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13.2 REGULATORY FRAMEWORK
TABLE 15 DIGITAL OILFIELD MARKET: REGULATORY FRAMEWORK
5.14 PORTER'S FIVE FORCES ANALYSIS
FIGURE 32 DIGITAL OILFIELD MARKET: PORTER'S FIVE FORCES ANALYSIS
TABLE 16 DIGITAL OILFIELD MARKET: PORTER'S FIVE FORCES ANALYSIS
5.14.1 THREAT OF SUBSTITUTES
5.14.2 BARGAINING POWER OF SUPPLIERS
5.14.3 BARGAINING POWER OF BUYERS
5.14.4 THREAT OF NEW ENTRANTS
5.14.5 INTENSITY OF COMPETITIVE RIVALRY
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 33 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE SOLUTIONS
TABLE 17 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE SOLUTIONS
5.15.2 BUYING CRITERIA
FIGURE 34 KEY BUYING CRITERIA FOR TOP THREE SOLUTIONS
TABLE 18 KEY BUYING CRITERIA FOR TOP THREE SOLUTIONS
6 DIGITAL OILFIELD MARKET, BY PROCESS
6.1 INTRODUCTION
FIGURE 35 DIGITAL OILFIELD MARKET SHARE, BY PROCESS, 2023
TABLE 19 DIGITAL OILFIELD MARKET, BY PROCESS, 2019–2022 (USD MILLION)
TABLE 20 DIGITAL OILFIELD MARKET, BY PROCESS, 2023–2029 (USD MILLION)
6.2 PRODUCTION OPTIMIZATION
6.2.1 INCREASING PRODUCTION OF OIL AND GAS TO BRIDGE DEMAND–SUPPLY GAP TO BOOST DEMAND
TABLE 21 PRODUCTION OPTIMIZATION: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 22 PRODUCTION OPTIMIZATION: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD MILLION)
6.3 DRILLING OPTIMIZATION
6.3.1 GROWING NEED TO REDUCE COST AND IDLE TIME OF DRILLING OPERATIONS TO DRIVE MARKET
TABLE 23 DRILLING OPTIMIZATION: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 24 DRILLING OPTIMIZATION: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD MILLION)
6.4 RESERVOIR OPTIMIZATION
6.4.1 APPLICATION OF 3D AND 4D SEISMIC MAPPING TECHNIQUES TO OFFER LUCRATIVE GROWTH OPPORTUNITIES TO PLAYERS
TABLE 25 RESERVOIR OPTIMIZATION: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 26 RESERVOIR OPTIMIZATION: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD BILLION)
6.5 SAFETY MANAGEMENT
6.5.1 PRESSING NEED TO MONITOR HYDROCARBON LEAKS TO BOOST DEMAND
TABLE 27 SAFETY MANAGEMENT: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 28 SAFETY MANAGEMENT: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD MILLION)
6.6 ASSET MANAGEMENT
6.6.1 MINIMIZED DOWNTIME AND EXTENDED LIFESPAN OF INFRASTRUCTURE TO DRIVE MARKET
TABLE 29 ASSET MANAGEMENT: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 30 ASSET MANAGEMENT: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD MILLION)
7 DIGITAL OILFIELD MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
FIGURE 36 DIGITAL OILFIELD MARKET SHARE, BY TECHNOLOGY, 2023
TABLE 31 DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2019–2022 (USD BILLION)
TABLE 32 DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2023–2029 (USD BILLION)
7.2 INTERNET OF THINGS
7.2.1 RISING APPLICATION IN OILFIELDS TO ENHANCE SUSTAINABILITY AND REDUCE OPERATIONAL COSTS TO DRIVE MARKET
TABLE 33 INTERNET OF THINGS: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 34 INTERNET OF THINGS: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD MILLION)
7.3 ARTIFICIAL INTELLIGENCE
7.3.1 INCREASING NEED TO REDUCE ERRORS AND OPERATIONAL EXPENDITURE TO BOOST DEMAND
TABLE 35 ARTIFICIAL INTELLIGENCE: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 36 ARTIFICIAL INTELLIGENCE: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD MILLION)
7.4 ROBOTICS AND AUTOMATION
7.4.1 GROWING NEED FOR SAFE WORKING ENVIRONMENT TO BOOST DEMAND
TABLE 37 ROBOTICS AND AUTOMATION: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 38 ROBOTICS AND AUTOMATION: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD BILLION)
7.5 BIG DATA AND ANALYTICS
7.5.1 INCREASED COMPLEXITIES IN EXPLORATION AND PRODUCTION ACTIVITIES TO ACCELERATE DEMAND
TABLE 39 BIG DATA AND ANALYTICS: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 40 BIG DATA AND ANALYTICS: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD MILLION)
7.6 CLOUD COMPUTING
7.6.1 ENHANCED ANALYTICAL CAPABILITIES AND DATA MANAGEMENT TO DRIVE MARKET
TABLE 41 CLOUD COMPUTING: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 42 CLOUD COMPUTING: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD MILLION)
7.7 OTHERS
TABLE 43 OTHERS: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 44 OTHERS: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD MILLION)
8 DIGITAL OILFIELD MARKET, BY SOLUTION
8.1 INTRODUCTION
FIGURE 37 DIGITAL OILFIELD MARKET SHARE, BY SOLUTION, 2023
TABLE 45 DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD BILLION)
TABLE 46 DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD BILLION)
8.2 HARDWARE SOLUTION
TABLE 47 HARDWARE SOLUTION: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 48 HARDWARE SOLUTION: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD BILLION)
8.2.1 DISTRIBUTED CONTROL SYSTEM
8.2.1.1 Increasing focus on environmental and safety compliances to boost demand
8.2.2 SUPERVISORY CONTROL AND DATA ACQUISITION
8.2.2.1 Ability to offer real-time monitoring of deep-sea drilling platforms to drive demand
8.2.3 SMART WELL
8.2.3.1 Growing need to improve hydrocarbon recovery to boost demand
8.2.4 SAFETY SYSTEM
8.2.4.1 Need for enhancing safety in extreme environments to drive market
8.2.5 WIRELESS SENSOR
8.2.5.1 Increased need for affordable communication systems to drive market
8.2.6 PROGRAMMABLE LOGIC CONTROLLER
8.2.6.1 Enhanced operational efficiency and control features to drive market
8.2.7 COMPUTER EQUIPMENT AND APPLICATION HARDWARE
8.2.7.1 Ability to make well-informed decisions to drive demand
8.2.8 PROCESS AUTOMATION MANAGER
8.2.8.1 Reduced reliance on manual interventions to accelerate demand
8.2.9 HUMAN–MACHINE INTERACTION INSTRUMENT
8.2.9.1 Integration with AI and machine learning to offer lucrative growth opportunities for market players
TABLE 49 HARDWARE SOLUTION: DIGITAL OILFIELD MARKET, BY COMPONENT 2019–2022 (USD BILLION)
TABLE 50 HARDWARE SOLUTION: DIGITAL OILFIELD MARKET, BY COMPONENT, 2023–2029 (USD BILLION)
8.3 SOFTWARE & SERVICE SOLUTION
TABLE 51 SOFTWARE & SERVICE SOLUTION: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 52 SOFTWARE & SERVICE SOLUTION: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD BILLION)
8.3.1 IT OUTSOURCING
8.3.1.1 Need for cost-effective solutions to boost efficiency to accelerate demand
8.3.2 SOFTWARE
8.3.2.1 Need for optimizing efficiency and performance of onshore and offshore operations to drive market
8.3.3 IT SERVICE & COMMISSIONING
8.3.3.1 Ability to offer auxiliary support to various processes to drive market
8.3.4 COLLABORATIVE PRODUCT MANAGEMENT
8.3.4.1 Rising need for tracking real-time data to drive demand
TABLE 53 SOFTWARE & SERVICE SOLUTION: DIGITAL OILFIELD MARKET, BY COMPONENT, 2019–2022 (USD BILLION)
TABLE 54 SOFTWARE & SERVICE SOLUTION: DIGITAL OILFIELD MARKET, BY COMPONENT, 2023–2029 (USD BILLION)
8.4 DATA STORAGE SOLUTION
TABLE 55 DATA STORAGE SOLUTION: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 56 DATA STORAGE SOLUTION: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD MILLION)
8.4.1 HOSTED
8.4.1.1 Integration with cloud services to boost demand
8.4.2 ON PREMISES
8.4.2.1 Need for robust cybersecurity measures to accelerate demand
TABLE 57 DATA STORAGE SOLUTION: DIGITAL OILFIELD MARKET, BY COMPONENT, 2019–2022 (USD BILLION)
TABLE 58 DATA STORAGE SOLUTION: DIGITAL OILFIELD MARKET, BY COMPONENT, 2023–2029 (USD BILLION)
9 DIGITAL OILFIELD MARKET, BY APPLICATION
9.1 INTRODUCTION
FIGURE 38 DIGITAL OILFIELD MARKET SHARE, BY APPLICATION, 2023
TABLE 59 DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD BILLION)
TABLE 60 DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD BILLION)
9.2 ONSHORE
9.2.1 ESTABLISHED INFRASTRUCTURE RELATED TO ONSHORE OIL AND GAS OPERATIONS TO DRIVE MARKET
TABLE 61 ONSHORE: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 62 ONSHORE: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD BILLION)
9.3 OFFSHORE
9.3.1 GROWING DEEPWATER DRILLING AND PRODUCTION ACTIVITIES TO BOOST MARKET GROWTH
TABLE 63 OFFSHORE: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 64 OFFSHORE: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD BILLION)
10 DIGITAL OILFIELD MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 39 MIDDLE EAST TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 40 DIGITAL OILFIELD MARKET, BY REGION, 2023
TABLE 65 DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 66 DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD BILLION)
10.2 NORTH AMERICA
10.2.1 NORTH AMERICA: RECESSION IMPACT
FIGURE 41 NORTH AMERICA: DIGITAL OILFIELD MARKET SNAPSHOT
TABLE 67 NORTH AMERICA: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 68 NORTH AMERICA: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2023–2029 (USD MILLION)
TABLE 69 NORTH AMERICA: DIGITAL OILFIELD MARKET, BY PROCESS, 2019–2022 (USD BILLION)
TABLE 70 NORTH AMERICA: DIGITAL OILFIELD MARKET, BY PROCESS, 2023–2029 (USD BILLION)
TABLE 71 NORTH AMERICA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD BILLION)
TABLE 72 NORTH AMERICA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD BILLION)
TABLE 73 NORTH AMERICA: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTION, BY COUNTRY, 2019–2022 (USD BILLION)
TABLE 74 NORTH AMERICA: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTION, BY COUNTRY, 2023–2029 (USD BILLION)
TABLE 75 NORTH AMERICA: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTION, BY COUNTRY, 2019–2022 (USD BILLION)
TABLE 76 NORTH AMERICA: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTION, BY COUNTRY, 2023–2029 (USD BILLION)
TABLE 77 NORTH AMERICA: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 78 NORTH AMERICA: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTION, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 79 NORTH AMERICA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD BILLION)
TABLE 80 NORTH AMERICA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD BILLION)
TABLE 81 NORTH AMERICA: DIGITAL OILFIELD MARKET, BY COUNTRY, 2019–2022 (USD BILLION)
TABLE 82 NORTH AMERICA: DIGITAL OILFIELD MARKET, BY COUNTRY, 2023–2029 (USD BILLION)
10.2.2 US
10.2.2.1 Growing investment in digitalizing components of DCS and SCADA to drive market
TABLE 83 US: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 84 US: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 85 US: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 86 US: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.2.3 CANADA
10.2.3.1 High number of oil sand reserves to drive market
TABLE 87 CANADA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 88 CANADA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 89 CANADA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 90 CANADA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.2.4 MEXICO
10.2.4.1 Increasing private investments in Mexican Gulf for oilfield exploration to drive market
TABLE 91 MEXICO: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 92 MEXICO: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 93 MEXICO: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 94 MEXICO: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.3 ASIA PACIFIC
10.3.1 ASIA PACIFIC: RECESSION IMPACT
TABLE 95 ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 96 ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2023–2029 (USD MILLION)
TABLE 97 ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY PROCESS, 2019–2022 (USD MILLION)
TABLE 98 ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY PROCESS, 2023–2029 (USD MILLION)
TABLE 99 ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 100 ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 101 ASIA PACIFIC: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 102 ASIA PACIFIC: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTION, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 103 ASIA PACIFIC: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 104 ASIA PACIFIC: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTION, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 105 ASIA PACIFIC: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 106 ASIA PACIFIC: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTION, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 107 ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 108 ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
TABLE 109 ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 110 ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY COUNTRY, 2023–2029 (USD MILLION)
10.3.2 CHINA
10.3.2.1 Production shift from onshore to offshore oilfields to drive market
TABLE 111 CHINA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 112 CHINA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 113 CHINA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 114 CHINA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.3.3 MALAYSIA
10.3.3.1 Growing focus on curtailing GHG emissions to boost demand
TABLE 115 MALAYSIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 116 MALAYSIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 117 MALAYSIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 118 MALAYSIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.3.4 INDIA
10.3.4.1 Increasing investment in oil and gas exploration and production activities to propel market
TABLE 119 INDIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 120 INDIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 121 INDIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 122 INDIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.3.5 AUSTRALIA
10.3.5.1 Abundance of uranium reserves to boost demand
TABLE 123 AUSTRALIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 124 AUSTRALIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 125 AUSTRALIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 126 AUSTRALIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.3.6 REST OF ASIA PACIFIC
TABLE 127 REST OF ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 128 REST OF ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 129 REST OF ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 130 REST OF ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.4 EUROPE
10.4.1 EUROPE: IMPACT OF RECESSION
FIGURE 42 EUROPE: DIGITAL OILFIELD MARKET SNAPSHOT
TABLE 131 EUROPE: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 132 EUROPE: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2023–2029 (USD MILLION)
TABLE 133 EUROPE: DIGITAL OILFIELD MARKET, BY PROCESS, 2019–2022 (USD BILLION)
TABLE 134 EUROPE: DIGITAL OILFIELD MARKET, BY PROCESS, 2023–2029 (USD BILLION)
TABLE 135 EUROPE: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD BILLION)
TABLE 136 EUROPE: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD BILLION)
TABLE 137 EUROPE: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTION, BY COUNTRY, 2019–2022 (USD BILLION)
TABLE 138 EUROPE: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTION, BY COUNTRY, 2023–2029 (USD BILLION)
TABLE 139 EUROPE: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTION, BY COUNTRY, 2019–2022 (USD BILLION)
TABLE 140 EUROPE: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTION, BY COUNTRY, 2023–2029 (USD BILLION)
TABLE 141 EUROPE: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 142 EUROPE: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTION, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 143 EUROPE: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD BILLION)
TABLE 144 EUROPE: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD BILLION)
TABLE 145 EUROPE: DIGITAL OILFIELD MARKET, BY COUNTRY, 2019–2022 (USD BILLION)
TABLE 146 EUROPE: DIGITAL OILFIELD MARKET, BY COUNTRY, 2023–2029 (USD BILLION)
10.4.2 RUSSIA
10.4.2.1 Ongoing large-scale investment projects to develop new oilfields to boost demand
TABLE 147 RUSSIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 148 RUSSIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 149 RUSSIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD BILLION)
TABLE 150 RUSSIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD BILLION)
10.4.3 NORWAY
10.4.3.1 Inauguration of new oilfields to drive market
TABLE 151 NORWAY: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD BILLION)
TABLE 152 NORWAY: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD BILLION)
TABLE 153 NORWAY: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD BILLION)
TABLE 154 NORWAY: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD BILLION)
10.4.4 UK
10.4.4.1 Net-zero emission goals to drive market
TABLE 155 UK: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 156 UK: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 157 UK: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 158 UK: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.4.5 REST OF EUROPE
TABLE 159 REST OF EUROPE: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 160 REST OF EUROPE: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 161 REST OF EUROPE: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 162 REST OF EUROPE: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD BILLION)
10.5 MIDDLE EAST
10.5.1 MIDDLE EAST: RECESSION IMPACT
TABLE 163 MIDDLE EAST: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 164 MIDDLE EAST: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2023–2029 (USD MILLION)
TABLE 165 MIDDLE EAST: DIGITAL OILFIELD MARKET, BY PROCESS, 2019–2022 (USD MILLION)
TABLE 166 MIDDLE EAST: DIGITAL OILFIELD MARKET, BY PROCESS, 2023–2029 (USD MILLION)
TABLE 167 MIDDLE EAST: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 168 MIDDLE EAST: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 169 MIDDLE EAST: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 170 MIDDLE EAST: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTION, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 171 MIDDLE EAST: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 172 MIDDLE EAST: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTION, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 173 MIDDLE EAST: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 174 MIDDLE EAST: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTION, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 175 MIDDLE EAST: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD BILLION)
TABLE 176 MIDDLE EAST: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD BILLION)
TABLE 177 MIDDLE EAST: DIGITAL OILFIELD MARKET, BY COUNTRY, 2019–2022 (USD BILLION)
TABLE 178 MIDDLE EAST: DIGITAL OILFIELD MARKET, BY COUNTRY, 2023–2029 (USD BILLION)
TABLE 179 GCC: DIGITAL OILFIELD MARKET, BY COUNTRY, 2019–2022 (USD BILLION)
TABLE 180 GCC: DIGITAL OILFIELD MARKET, BY COUNTRY, 2023–2029 (USD BILLION)
10.5.2 GCC COUNTRIES
10.5.2.1 Saudi Arabia
10.5.2.1.1 Growing focus on boosting upstream activities to drive market
TABLE 181 SAUDI ARABIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 182 SAUDI ARABIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 183 SAUDI ARABIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 184 SAUDI ARABIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.5.2.2 Kuwait
10.5.2.2.1 Increased investment in digital transformation for cost optimization and workflow enhancement to boost demand
TABLE 185 KUWAIT: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 186 KUWAIT: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 187 KUWAIT: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 188 KUWAIT: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.5.2.3 UAE
10.5.2.3.1 Ongoing oilfield discoveries to drive market
TABLE 189 UAE: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 190 UAE: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 191 UAE: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 192 UAE: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.5.3 REST OF GCC
TABLE 193 REST OF GCC: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 194 REST OF GCC: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 195 REST OF GCC: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 196 REST OF GCC: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.5.4 REST OF MIDDLE EAST
TABLE 197 REST OF MIDDLE EAST: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 198 REST OF MIDDLE EAST: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 199 REST OF MIDDLE EAST: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 200 REST OF MIDDLE EAST: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.6 SOUTH AMERICA
10.6.1 SOUTH AMERICA: RECESSION IMPACT
TABLE 201 SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY PROCESS, 2019–2022 (USD MILLION)
TABLE 202 SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY PROCESS, 2023–2029 (USD MILLION)
TABLE 203 SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 204 SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2023–2029 (USD MILLION)
TABLE 205 SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 206 SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 207 SOUTH AMERICA: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 208 SOUTH AMERICA: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTIONS, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 209 SOUTH AMERICA: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 210 SOUTH AMERICA: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTION, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 211 SOUTH AMERICA: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 212 SOUTH AMERICA: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTIONS, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 213 SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 214 SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
TABLE 215 SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 216 SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY COUNTRY, 2023–2029 (USD MILLION)
10.6.2 BRAZIL
10.6.2.1 Increasing focus on boosting oilfield exploration and production capacities to drive market
TABLE 217 BRAZIL: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 218 BRAZIL: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 219 BRAZIL: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 220 BRAZIL: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.6.3 ARGENTINA
10.6.3.1 High potential from shale reserves to drive market
TABLE 221 ARGENTINA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 222 ARGENTINA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 223 ARGENTINA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 224 ARGENTINA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.6.4 VENEZUELA
10.6.4.1 Eased sanctions and financial restrictions to offer lucrative opportunities to market players
TABLE 225 VENEZUELA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 226 VENEZUELA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 227 VENEZUELA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 228 VENEZUELA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.6.5 REST OF SOUTH AMERICA
TABLE 229 REST OF SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 230 REST OF SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 231 REST OF SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 232 REST OF SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.7 AFRICA
10.7.1 AFRICA: RECESSION IMPACT
TABLE 233 AFRICA: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 234 AFRICA: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2023–2029 (USD MILLION)
TABLE 235 AFRICA: DIGITAL OILFIELD MARKET, BY PROCESS, 2019–2022 (USD MILLION)
TABLE 236 AFRICA: DIGITAL OILFIELD MARKET, BY PROCESS, 2023–2029 (USD MILLION)
TABLE 237 AFRICA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 238 AFRICA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 239 AFRICA: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 240 AFRICA: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTION, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 241 AFRICA: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 242 AFRICA: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTIONS, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 243 AFRICA: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 244 AFRICA: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTION, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 245 AFRICA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 246 AFRICA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
TABLE 247 AFRICA: DIGITAL OILFIELD MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 248 AFRICA: DIGITAL OILFIELD MARKET, BY COUNTRY, 2023–2029 (USD MILLION)
10.7.2 NIGERIA
10.7.2.1 Increasing deepwater drilling activities to boost demand
TABLE 249 NIGERIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 250 NIGERIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 251 NIGERIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 252 NIGERIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.7.3 ANGOLA
10.7.3.1 Presence of untapped oil & gas resources to boost demand
TABLE 253 ANGOLA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 254 ANGOLA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 255 ANGOLA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 256 ANGOLA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.7.4 REST OF AFRICA
TABLE 257 REST OF AFRICA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 258 REST OF AFRICA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 259 REST OF AFRICA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 260 REST OF AFRICA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 KEY STRATEGIES ADOPTED BY MAJOR PLAYERS, 2019–2023
TABLE 261 DIGITAL OILFIELD MARKET: OVERVIEW OF STRATEGIES ADOPTED BY MAJOR PLAYERS, 2019–2023
11.3 MARKET SHARE ANALYSIS, 2022
TABLE 262 DIGITAL OILFIELD MARKET: DEGREE OF COMPETITION, 2022
FIGURE 43 DIGITAL OILFIELD MARKET SHARE ANALYSIS, 2022
11.4 MARKET EVALUATION FRAMEWORK, 2018–2024
TABLE 263 MARKET EVALUATION FRAMEWORK, 2018–2024
11.5 REVENUE ANALYSIS, 2018–2022
FIGURE 44 DIGITAL FIELD MARKET: REVENUE ANALYSIS OF KEY FIVE PLAYERS, 2018–2022
11.6 COMPANY VALUATION AND FINANCIAL METRICS, 2023
FIGURE 45 COMPANY VALUATION, 2023
FIGURE 46 FINANCIAL METRIX, 2023
11.7 BRAND/PRODUCT COMPARISON
11.8 COMPETITIVE SCENARIOS AND TRENDS
11.8.1 PRODUCT LAUNCHES
TABLE 264 DIGITAL OILFIELD MARKET: PRODUCT LAUNCHES, SEPTEMBER 2019–SEPTEMBER 2023
11.8.2 DEALS
TABLE 265 DIGITAL OILFIELD MARKET: DEALS, OCTOBER 2022–JANUARY 2024
11.8.3 OTHERS
TABLE 266 DIGITAL OILFIELD MARKET: OTHERS, JULY 2022–OCTOBER 2023
11.9 COMPANY EVALUATION MATRIX: INTEGRATORS, 2023
11.9.1 STARS
11.9.2 EMERGING LEADERS
11.9.3 PERVASIVE PLAYERS
11.9.4 PARTICIPANTS
FIGURE 47 OILFIELD MARKET: COMPANY EVALUATION MATRIX: INTEGRATORS, 2023
11.9.5 COMPANY FOOTPRINT: INTEGRATORS, 2023
11.9.5.1 Company footprint (Integrators)
FIGURE 48 COMPANY PRODUCT FOOTPRINT: INTEGRATORS
FIGURE 49 COMPANY MARKET FOOTPRINT: INTEGRATORS
11.9.5.2 Region footprint: Integrators
TABLE 267 REGION COMPANY FOOTPRINT: INTEGRATORS
11.9.5.3 Process footprint: Integrators
TABLE 268 PROCESS COMPANY FOOTPRINT: INTEGRATORS
11.9.5.4 Solution footprint: Integrators
TABLE 269 SOLUTION COMPANY FOOTPRINT: INTEGRATORS
11.9.5.5 Technology footprint: Integrators
TABLE 270 TECHNOLOGY COMPANY FOOTPRINT: INTEGRATORS
11.9.5.6 Application footprint: Integrators
TABLE 271 APPLICATION COMPANY FOOTPRINT: INTEGRATORS
11.10 COMPANY EVALUATION MATRIX: SOFTWARE PROVIDERS, 2023
11.10.1 STARS
11.10.2 EMERGING LEADERS
11.10.3 PERVASIVE PLAYERS
11.10.4 PARTICIPANTS
FIGURE 50 DIGITAL OILFIELD MARKET: EVALUATION MATRIX: SOFTWARE PROVIDERS, 2023
11.10.5 COMPANY FOOTPRINT: SOFTWARE PROVIDERS, 2023
11.10.5.1 Company footprint (Software providers)
FIGURE 51 COMPANY PRODUCT FOOTPRINT: SOFTWARE PROVIDERS
FIGURE 52 COMPANY MARKET FOOTPRINT: SOFTWARE PROVIDERS
11.10.5.2 Region footprint: Software providers
TABLE 272 REGION COMPANY FOOTPRINT: SOFTWARE PROVIDERS
11.10.5.3 Process footprint: Software providers
TABLE 273 PROCESS COMPANY FOOTPRINT: SOFTWARE PROVIDERS
11.10.5.4 Solution footprint: Software providers
TABLE 274 SOLUTION COMPANY FOOTPRINT: SOFTWARE PROVIDERS
11.10.5.5 Technology footprint: Software providers
TABLE 275 TECHNOLOGY COMPANY FOOTPRINT: SOFTWARE PROVIDERS
11.10.5.6 Application footprint: Software providers
TABLE 276 APPLICATION COMPANY FOOTPRINT: SOFTWARE PROVIDERS
11.11 COMPANY EVALUATION MATRIX: EQUIPMENT PROVIDERS, 2023
11.11.1 STARS
11.11.2 EMERGING LEADERS
11.11.3 PERVASIVE PLAYERS
11.11.4 PARTICIPANTS
FIGURE 53 DIGITAL OILFIELD MARKET: EVALUATION MATRIX OF EQUIPMENT PROVIDERS, 2023
11.11.5 COMPANY FOOTPRINT: EQUIPMENT PROVIDERS, 2023
11.11.5.1 Company footprint (Equipment providers)
FIGURE 54 COMPANY PRODUCT FOOTPRINT: EQUIPMENT PROVIDERS
FIGURE 55 COMPANY MARKET FOOTPRINT: EQUIPMENT PROVIDERS
11.11.5.2 Region footprint: Equipment providers
TABLE 277 REGION COMPANY FOOTPRINT: EQUIPMENT PROVIDERS
11.11.5.3 Process footprint: Equipment providers
TABLE 278 PROCESS COMPANY FOOTPRINT: EQUIPMENT PROVIDERS
11.11.5.4 Solution footprint: Equipment providers
TABLE 279 SOLUTION COMPANY FOOTPRINT: EQUIPMENT PROVIDERS
11.11.5.5 Technology footprint: Equipment providers
TABLE 280 TECHNOLOGY COMPANY FOOTPRINT: EQUIPMENT PROVIDERS
11.11.5.6 Application footprint: Equipment providers
TABLE 281 APPLICATION COMPANY FOOTPRINT: EQUIPMENT PROVIDERS
12 COMPANY PROFILES
12.1 KEY INTEGRATORS
(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*
12.1.1 SLB
TABLE 282 SLB: COMPANY OVERVIEW
FIGURE 56 SLB: COMPANY SNAPSHOT
TABLE 283 SLB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 284 SLB: PRODUCT LAUNCHES
TABLE 285 SLB: DEALS
12.1.2 WEATHERFORD
TABLE 286 WEATHERFORD: COMPANY OVERVIEW
FIGURE 57 WEATHERFORD: COMPANY SNAPSHOT
TABLE 287 WEATHERFORD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 288 WEATHERFORD: PRODUCT LAUNCHES
TABLE 289 WEATHERFORD: DEALS
12.1.3 BAKER HUGHES COMPANY
TABLE 290 BAKER HUGHES COMPANY: COMPANY OVERVIEW
FIGURE 58 BAKER HUGHES COMPANY: COMPANY SNAPSHOT
TABLE 291 BAKER HUGHES COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 292 BAKER HUGHES COMPANY: PRODUCT LAUNCHES
TABLE 293 BAKER HUGHES COMPANY: DEALS
TABLE 294 BAKER HUGHES COMPANY: OTHERS
12.1.4 HALLIBURTON
TABLE 295 HALLIBURTON: COMPANY OVERVIEW
FIGURE 59 HALLIBURTON: COMPANY SNAPSHOT
TABLE 296 HALLIBURTON: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 297 HALLIBURTON: PRODUCT LAUNCHES
TABLE 298 HALLIBURTON: DEALS
12.1.5 NOV INC.
TABLE 299 NOV INC.: COMPANY OVERVIEW
FIGURE 60 NOV INC.: COMPANY SNAPSHOT
TABLE 300 NOV INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 301 NOV INC.: PRODUCT LAUNCHES
TABLE 302 NOV INC.: DEALS
12.1.6 PASON SYSTEMS CORP.
TABLE 303 PASON SYSTEMS CORP.: COMPANY OVERVIEW
FIGURE 61 PASON SYSTEMS CORP.: COMPANY SNAPSHOT
TABLE 304 PASON SYSTEM CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 305 PASON SYSTEM CORP.: DEALS
12.1.7 KONGSBERG
TABLE 306 KONGSBERG: COMPANY OVERVIEW
FIGURE 62 KONGSBERG: COMPANY SNAPSHOT
TABLE 307 KONGSBERG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 308 KONGSBERG: PRODUCT LAUNCHES
TABLE 309 KONGSBERG: DEALS
12.1.8 CGG
TABLE 310 CGG: COMPANY OVERVIEW
FIGURE 63 CGG: COMPANY SNAPSHOT
TABLE 311 CGG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 312 CGG: PRODUCT LAUNCHES
TABLE 313 CGG: DEALS
TABLE 314 CGG: EXPANSION
12.1.9 HONEYWELL INTERNATIONAL INC.
TABLE 315 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW
FIGURE 64 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 316 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 317 HONEYWELL INTERNATIONAL INC.: DEALS
12.1.10 NABORS INDUSTRIES LTD.
TABLE 318 NABORS INDUSTRIES LTD.: COMPANY OVERVIEW
FIGURE 65 NABORS INDUSTRIES LTD.: COMPANY SNAPSHOT
TABLE 319 NABORS INDUSTRIES LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 320 NABORS INDUSTRIES LTD.: PRODUCT LAUNCHES
TABLE 321 NABORS INDUSTRIES: DEALS
12.2 KEY EQUIPMENT PROVIDERS
12.2.1 ABB
TABLE 322 ABB: COMPANY OVERVIEW
FIGURE 66 ABB: COMPANY SNAPSHOT
TABLE 323 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 324 ABB: PRODUCT LAUNCHES
TABLE 325 ABB: DEALS
12.2.2 EMERSON ELECTRIC CO.
TABLE 326 EMERSON ELECTRIC CO.: COMPANY OVERVIEW
FIGURE 67 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT
TABLE 327 EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 328 EMERSON ELECTRIC CO.: PRODUCT LAUNCHES
TABLE 329 EMERSON ELECTRIC CO: DEALS
TABLE 330 ROCKWELL AUTOMATION: COMPANY OVERVIEW
FIGURE 68 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
TABLE 331 ROCKWELL AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 332 ROCKWELL AUTOMATION: DEALS
12.2.4 SIEMENS
TABLE 333 SIEMENS: COMPANY OVERVIEW
FIGURE 69 SIEMENS: COMPANY SNAPSHOT
TABLE 334 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 335 SIEMENS: PRODUCT LAUNCHES
TABLE 336 SIEMENS: DEALS
12.2.5 DIGI INTERNATIONAL INC.
TABLE 337 DIGI INTERNATIONAL INC.: COMPANY OVERVIEW
FIGURE 70 DIGI INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 338 DIGI INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 339 DIGI INTERNATIONAL INC.: PRODUCT LAUNCHES
TABLE 340 DIGI INTERNATIONAL INC.: DEALS
12.3 OTHER EQUIPMENT PROVIDERS
12.3.1 TECHNIPFMC PLC
12.3.2 EXPRO GROUP
12.4 KEY SOFTWARE PROVIDERS
12.4.1 IBM
TABLE 341 IBM: COMPANY OVERVIEW
FIGURE 71 IBM: COMPANY SNAPSHOT
TABLE 342 IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 343 IBM: PRODUCT LAUNCHES
TABLE 344 IBM: DEALS
12.4.2 ACCENTURE
TABLE 345 ACCENTURE: COMPANY OVERVIEW
FIGURE 72 ACCENTURE: COMPANY SNAPSHOT
TABLE 346 ACCENTURE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 347 ACCENTURE: PRODUCT LAUNCHES
TABLE 348 ACCENTURE: DEALS
12.4.3 ORACLE
TABLE 349 ORACLE: COMPANY OVERVIEW
FIGURE 73 ORACLE: COMPANY SNAPSHOT
TABLE 350 ORACLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.4.4 INTEL CORPORATION
TABLE 351 INTEL CORPORATION: COMPANY OVERVIEW
FIGURE 74 INTEL CORPORATION: COMPANY SNAPSHOT
TABLE 352 INTEL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 353 INTEL CORPORATION: DEALS
12.4.5 MICROSOFT
TABLE 354 MICROSOFT: COMPANY OVERVIEW
FIGURE 75 MICROSOFT: COMPANY SNAPSHOT
TABLE 355 MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 356 MICROSOFT: DEALS
12.5 OTHER SOFTWARE PROVIDERS
12.5.1 KATALYST DATA MANAGEMENT
12.5.2 PETROLINK
12.5.3 ASPEN TECHNOLOGY INC
*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.
13 APPENDIX
13.1 INSIGHTS FROM INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 CUSTOMIZATION OPTIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.3.4 CURRENCY CONSIDERED
1.4 LIMITATIONS
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
1.7 IMPACT OF RECESSION
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 DIGITAL OILFIELD MARKET: RESEARCH DESIGN
2.2 DATA TRIANGULATION
FIGURE 2 DATA TRIANGULATION METHODOLOGY
2.3 PRIMARY AND SECONDARY RESEARCH
2.3.1 SECONDARY DATA
2.3.1.1 List of major secondary sources
2.3.1.2 Key data from secondary sources
2.3.2 PRIMARY DATA
2.3.2.1 Key data from primary sources
2.3.2.2 List of key participants for primary interviews
2.3.2.3 Key industry insights
2.3.2.4 Breakdown of primaries
2.4 MARKET SIZE ESTIMATION
2.4.1 BOTTOM-UP APPROACH
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.4.2 TOP-DOWN APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.5 DEMAND-SIDE ANALYSIS
FIGURE 5 MAIN METRICS CONSIDERED TO ANALYZE AND ASSESS DEMAND FOR DIGITAL OILFIELD SOLUTIONS
2.5.1 ASSUMPTIONS FOR DEMAND-SIDE ANALYSIS
2.5.2 CALCULATIONS FOR DEMAND-SIDE ANALYSIS
2.6 KEY INFLUENCING FACTORS/DRIVERS FOR MARKET SIZE ESTIMATION
2.6.1 RIG COUNT
FIGURE 6 CRUDE OIL PRICE VS. RIG COUNT
2.6.2 PRODUCTION
FIGURE 7 CRUDE OIL PRODUCTION
2.6.3 CRUDE OIL PRICES
FIGURE 8 CRUDE OIL PRICE TREND
2.6.4 REGIONAL ANALYSIS
2.7 SUPPLY-SIDE ANALYSIS
FIGURE 9 KEY STEPS CONSIDERED TO ASSESS SUPPLY OF DIGITAL OILFIELD SOLUTIONS
2.7.1 ASSUMPTIONS FOR SUPPLY-SIDE ANALYSIS
2.7.2 CALCULATIONS FOR SUPPLY-SIDE ANALYSIS
2.8 RISK ASSESSMENT
2.9 RESEARCH ASSUMPTIONS
2.10 RECESSION IMPACT
2.11 RESEARCH LIMITATIONS
2.12 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON DIGITAL OILFIELD MARKET
3 EXECUTIVE SUMMARY
TABLE 1 DIGITAL OILFIELD MARKET SNAPSHOT
FIGURE 10 NORTH AMERICA HELD LARGEST MARKET SHARE IN 2023
FIGURE 11 ONSHORE SEGMENT TO LEAD MARKET IN 2029
FIGURE 12 PRODUCTION OPTIMIZATION SEGMENT TO DISPLAY HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 13 HARDWARE SOLUTION SEGMENT TO CAPTURE LARGEST MARKET SHARE IN 2029
FIGURE 14 ARTIFICIAL INTELLIGENCE TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN DIGITAL OILFIELD MARKET
FIGURE 15 GROWING NEED TO OPTIMIZE OPERATIONS TO ENHANCE PRODUCTIVITY TO BOOST MARKET GROWTH DURING FORECAST PERIOD
4.2 DIGITAL OILFIELD MARKET, BY REGION
FIGURE 16 MIDDLE EAST DIGITAL OILFIELD MARKET TO WITNESS HIGHEST GROWTH DURING FORECAST PERIOD
4.3 DIGITAL OILFIELD MARKET, BY PROCESS
FIGURE 17 PRODUCTION OPTIMIZATION SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029
4.4 DIGITAL OILFIELD MARKET, BY SOLUTION
FIGURE 18 HARDWARE SOLUTION SEGMENT TO DOMINATE MARKET IN 2029
4.5 DIGITAL OILFIELD MARKET, BY APPLICATION
FIGURE 19 ONSHORE SEGMENT TO DOMINATE MARKET IN 2029
4.6 DIGITAL OILFIELD MARKET, BY TECHNOLOGY
FIGURE 20 ROBOTICS AND AUTOMATION SEGMENT TO DOMINATE MARKET IN 2029
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 21 DIGITAL OILFIELD MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Revitalization of mature oilfields
5.2.1.2 Need for safe environment for personnel working on oilfield projects
FIGURE 22 GLOBAL OIL DEMAND, 2019–2028 (THOUSAND BARRELS PER DAY)
5.2.1.3 Growing environmental concerns
5.2.2 RESTRAINTS
5.2.2.1 Growing cyberattacks and data breaches in oil and gas sector
5.2.2.2 High initial investment in digitalization of oilfields
5.2.3 OPPORTUNITIES
5.2.3.1 Rising investment in offshore exploration
5.2.3.2 Real-time monitoring through sensors and IoT devices
5.2.4 CHALLENGES
5.2.4.1 Interoperability of multiple system components from different solution providers
5.2.4.2 Impeded operational efficiency due to limited IT infrastructure
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 23 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.4 SUPPLY CHAIN ANALYSIS
FIGURE 24 DIGITAL OILFIELD MARKET: SUPPLY CHAIN ANALYSIS
5.4.1 HARDWARE/EQUIPMENT MANUFACTURERS
5.4.2 SOFTWARE AS A SERVICE PROVIDERS
5.4.3 INTEGRATORS/SERVICE PROVIDERS
5.4.4 OILFIELD OPERATORS
5.5 ECOSYSTEM ANALYSIS
FIGURE 25 DIGITAL OILFIELD MARKET: ECOSYSTEM ANALYSIS
TABLE 2 COMPANIES AND THEIR ROLES IN DIGITAL OILFIELD ECOSYSTEM
FIGURE 26 ROLE OF PARTICIPANTS IN DIGITAL OILFIELD ECOSYSTEM
5.6 TECHNOLOGY ANALYSIS
5.6.1 KEY TECHNOLOGIES
5.6.1.1 Artificial intelligence
5.6.1.2 Internet of Things
5.6.1.3 Cloud computing
5.6.1.4 Blockchain
5.6.1.5 Big data and analytics
5.6.2 COMPLEMENTARY TECHNOLOGIES
5.6.2.1 Digital twin
5.6.2.2 AR and VR
5.6.2.3 Robotics and automation
5.6.2.4 Wireless communication
5.6.3 ADJACENT TECHNOLOGIES
5.6.3.1 Environmental monitoring technologies
5.6.3.2 Supply chain management technology
5.7 CASE STUDY ANALYSIS
5.7.1 CAIRN OIL & GAS DIGITALIZES WELL INTEGRATION AND FUEL ASSURANCE TO ENHANCE PERFORMANCE OF WELLS
5.7.2 BPX ENERGY ADOPTS AVEVA'S SOLUTION TO ENHANCE ESP PERFORMANCE
5.7.3 BAKER HUGHES AND C3 AI REVOLUTIONIZE GTC OPERATIONS OF OIL AND GAS COMPANY WITH BHC3 RELIABILITY APPLICATION
5.8 PATENT ANALYSIS
FIGURE 27 INNOVATIONS AND PATENT REGISTRATIONS PERTAINING TO DIGITAL OILFIELD SOLUTIONS, 2012–2023
TABLE 3 DIGITAL OILFIELD MARKET: INNOVATIONS AND PATENT REGISTRATIONS, 2021–2023
5.9 INVESTMENT AND FUNDING SCENARIO
5.10 PRICING ANALYSIS
5.10.1 AVERAGE SELLING PRICE TREND OF DIGITAL OILFIELD HARDWARE COMPONENTS, BY REGION
TABLE 4 AVERAGE SELLING PRICE TREND OF DIGITAL OILFIELD HARDWARE COMPONENTS, BY REGION, 2023–2029 (USD THOUSAND)
FIGURE 28 AVERAGE SELLING PRICE TREND OF DIGITAL OILFIELD HARDWARE COMPONENTS, BY REGION, 2023–2029 (THOUSAND USD)
5.10.2 INDICATIVE PRICING ANALYSIS OF DIGITAL OILFIELD HARDWARE SOLUTIONS, 2023–2029
TABLE 5 INDICATIVE PRICE TREND OF DIGITAL OILFIELD HARDWARE SOLUTIONS, 2023–2029 (USD)
FIGURE 29 INDICATIVE PRICE TREND OF DIGITAL OILFIELD HARDWARE SOLUTIONS, 2023–2029 (USD)
5.11 TRADE ANALYSIS
5.11.1 EXPORT SCENARIO
TABLE 6 EXPORT DATA FOR HS CODE 270900-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD THOUSAND)
FIGURE 30 EXPORT DATA FOR HS CODE 270900-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD THOUSAND)
5.11.2 IMPORT SCENARIO
TABLE 7 IMPORT DATA FOR HS CODE 270900-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD THOUSAND)
FIGURE 31 IMPORT DATA FOR HS CODE 270900-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD THOUSAND)
5.12 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 8 DIGITAL OILFIELD MARKET: LIST OF CONFERENCES AND EVENTS, 2024–2025
5.13 REGULATORY LANDSCAPE
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 9 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 10 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 MIDDLE EAST: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13.2 REGULATORY FRAMEWORK
TABLE 15 DIGITAL OILFIELD MARKET: REGULATORY FRAMEWORK
5.14 PORTER'S FIVE FORCES ANALYSIS
FIGURE 32 DIGITAL OILFIELD MARKET: PORTER'S FIVE FORCES ANALYSIS
TABLE 16 DIGITAL OILFIELD MARKET: PORTER'S FIVE FORCES ANALYSIS
5.14.1 THREAT OF SUBSTITUTES
5.14.2 BARGAINING POWER OF SUPPLIERS
5.14.3 BARGAINING POWER OF BUYERS
5.14.4 THREAT OF NEW ENTRANTS
5.14.5 INTENSITY OF COMPETITIVE RIVALRY
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 33 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE SOLUTIONS
TABLE 17 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE SOLUTIONS
5.15.2 BUYING CRITERIA
FIGURE 34 KEY BUYING CRITERIA FOR TOP THREE SOLUTIONS
TABLE 18 KEY BUYING CRITERIA FOR TOP THREE SOLUTIONS
6 DIGITAL OILFIELD MARKET, BY PROCESS
6.1 INTRODUCTION
FIGURE 35 DIGITAL OILFIELD MARKET SHARE, BY PROCESS, 2023
TABLE 19 DIGITAL OILFIELD MARKET, BY PROCESS, 2019–2022 (USD MILLION)
TABLE 20 DIGITAL OILFIELD MARKET, BY PROCESS, 2023–2029 (USD MILLION)
6.2 PRODUCTION OPTIMIZATION
6.2.1 INCREASING PRODUCTION OF OIL AND GAS TO BRIDGE DEMAND–SUPPLY GAP TO BOOST DEMAND
TABLE 21 PRODUCTION OPTIMIZATION: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 22 PRODUCTION OPTIMIZATION: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD MILLION)
6.3 DRILLING OPTIMIZATION
6.3.1 GROWING NEED TO REDUCE COST AND IDLE TIME OF DRILLING OPERATIONS TO DRIVE MARKET
TABLE 23 DRILLING OPTIMIZATION: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 24 DRILLING OPTIMIZATION: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD MILLION)
6.4 RESERVOIR OPTIMIZATION
6.4.1 APPLICATION OF 3D AND 4D SEISMIC MAPPING TECHNIQUES TO OFFER LUCRATIVE GROWTH OPPORTUNITIES TO PLAYERS
TABLE 25 RESERVOIR OPTIMIZATION: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 26 RESERVOIR OPTIMIZATION: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD BILLION)
6.5 SAFETY MANAGEMENT
6.5.1 PRESSING NEED TO MONITOR HYDROCARBON LEAKS TO BOOST DEMAND
TABLE 27 SAFETY MANAGEMENT: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 28 SAFETY MANAGEMENT: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD MILLION)
6.6 ASSET MANAGEMENT
6.6.1 MINIMIZED DOWNTIME AND EXTENDED LIFESPAN OF INFRASTRUCTURE TO DRIVE MARKET
TABLE 29 ASSET MANAGEMENT: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 30 ASSET MANAGEMENT: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD MILLION)
7 DIGITAL OILFIELD MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
FIGURE 36 DIGITAL OILFIELD MARKET SHARE, BY TECHNOLOGY, 2023
TABLE 31 DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2019–2022 (USD BILLION)
TABLE 32 DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2023–2029 (USD BILLION)
7.2 INTERNET OF THINGS
7.2.1 RISING APPLICATION IN OILFIELDS TO ENHANCE SUSTAINABILITY AND REDUCE OPERATIONAL COSTS TO DRIVE MARKET
TABLE 33 INTERNET OF THINGS: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 34 INTERNET OF THINGS: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD MILLION)
7.3 ARTIFICIAL INTELLIGENCE
7.3.1 INCREASING NEED TO REDUCE ERRORS AND OPERATIONAL EXPENDITURE TO BOOST DEMAND
TABLE 35 ARTIFICIAL INTELLIGENCE: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 36 ARTIFICIAL INTELLIGENCE: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD MILLION)
7.4 ROBOTICS AND AUTOMATION
7.4.1 GROWING NEED FOR SAFE WORKING ENVIRONMENT TO BOOST DEMAND
TABLE 37 ROBOTICS AND AUTOMATION: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 38 ROBOTICS AND AUTOMATION: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD BILLION)
7.5 BIG DATA AND ANALYTICS
7.5.1 INCREASED COMPLEXITIES IN EXPLORATION AND PRODUCTION ACTIVITIES TO ACCELERATE DEMAND
TABLE 39 BIG DATA AND ANALYTICS: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 40 BIG DATA AND ANALYTICS: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD MILLION)
7.6 CLOUD COMPUTING
7.6.1 ENHANCED ANALYTICAL CAPABILITIES AND DATA MANAGEMENT TO DRIVE MARKET
TABLE 41 CLOUD COMPUTING: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 42 CLOUD COMPUTING: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD MILLION)
7.7 OTHERS
TABLE 43 OTHERS: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 44 OTHERS: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD MILLION)
8 DIGITAL OILFIELD MARKET, BY SOLUTION
8.1 INTRODUCTION
FIGURE 37 DIGITAL OILFIELD MARKET SHARE, BY SOLUTION, 2023
TABLE 45 DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD BILLION)
TABLE 46 DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD BILLION)
8.2 HARDWARE SOLUTION
TABLE 47 HARDWARE SOLUTION: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 48 HARDWARE SOLUTION: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD BILLION)
8.2.1 DISTRIBUTED CONTROL SYSTEM
8.2.1.1 Increasing focus on environmental and safety compliances to boost demand
8.2.2 SUPERVISORY CONTROL AND DATA ACQUISITION
8.2.2.1 Ability to offer real-time monitoring of deep-sea drilling platforms to drive demand
8.2.3 SMART WELL
8.2.3.1 Growing need to improve hydrocarbon recovery to boost demand
8.2.4 SAFETY SYSTEM
8.2.4.1 Need for enhancing safety in extreme environments to drive market
8.2.5 WIRELESS SENSOR
8.2.5.1 Increased need for affordable communication systems to drive market
8.2.6 PROGRAMMABLE LOGIC CONTROLLER
8.2.6.1 Enhanced operational efficiency and control features to drive market
8.2.7 COMPUTER EQUIPMENT AND APPLICATION HARDWARE
8.2.7.1 Ability to make well-informed decisions to drive demand
8.2.8 PROCESS AUTOMATION MANAGER
8.2.8.1 Reduced reliance on manual interventions to accelerate demand
8.2.9 HUMAN–MACHINE INTERACTION INSTRUMENT
8.2.9.1 Integration with AI and machine learning to offer lucrative growth opportunities for market players
TABLE 49 HARDWARE SOLUTION: DIGITAL OILFIELD MARKET, BY COMPONENT 2019–2022 (USD BILLION)
TABLE 50 HARDWARE SOLUTION: DIGITAL OILFIELD MARKET, BY COMPONENT, 2023–2029 (USD BILLION)
8.3 SOFTWARE & SERVICE SOLUTION
TABLE 51 SOFTWARE & SERVICE SOLUTION: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 52 SOFTWARE & SERVICE SOLUTION: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD BILLION)
8.3.1 IT OUTSOURCING
8.3.1.1 Need for cost-effective solutions to boost efficiency to accelerate demand
8.3.2 SOFTWARE
8.3.2.1 Need for optimizing efficiency and performance of onshore and offshore operations to drive market
8.3.3 IT SERVICE & COMMISSIONING
8.3.3.1 Ability to offer auxiliary support to various processes to drive market
8.3.4 COLLABORATIVE PRODUCT MANAGEMENT
8.3.4.1 Rising need for tracking real-time data to drive demand
TABLE 53 SOFTWARE & SERVICE SOLUTION: DIGITAL OILFIELD MARKET, BY COMPONENT, 2019–2022 (USD BILLION)
TABLE 54 SOFTWARE & SERVICE SOLUTION: DIGITAL OILFIELD MARKET, BY COMPONENT, 2023–2029 (USD BILLION)
8.4 DATA STORAGE SOLUTION
TABLE 55 DATA STORAGE SOLUTION: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 56 DATA STORAGE SOLUTION: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD MILLION)
8.4.1 HOSTED
8.4.1.1 Integration with cloud services to boost demand
8.4.2 ON PREMISES
8.4.2.1 Need for robust cybersecurity measures to accelerate demand
TABLE 57 DATA STORAGE SOLUTION: DIGITAL OILFIELD MARKET, BY COMPONENT, 2019–2022 (USD BILLION)
TABLE 58 DATA STORAGE SOLUTION: DIGITAL OILFIELD MARKET, BY COMPONENT, 2023–2029 (USD BILLION)
9 DIGITAL OILFIELD MARKET, BY APPLICATION
9.1 INTRODUCTION
FIGURE 38 DIGITAL OILFIELD MARKET SHARE, BY APPLICATION, 2023
TABLE 59 DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD BILLION)
TABLE 60 DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD BILLION)
9.2 ONSHORE
9.2.1 ESTABLISHED INFRASTRUCTURE RELATED TO ONSHORE OIL AND GAS OPERATIONS TO DRIVE MARKET
TABLE 61 ONSHORE: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 62 ONSHORE: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD BILLION)
9.3 OFFSHORE
9.3.1 GROWING DEEPWATER DRILLING AND PRODUCTION ACTIVITIES TO BOOST MARKET GROWTH
TABLE 63 OFFSHORE: DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 64 OFFSHORE: DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD BILLION)
10 DIGITAL OILFIELD MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 39 MIDDLE EAST TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 40 DIGITAL OILFIELD MARKET, BY REGION, 2023
TABLE 65 DIGITAL OILFIELD MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 66 DIGITAL OILFIELD MARKET, BY REGION, 2023–2029 (USD BILLION)
10.2 NORTH AMERICA
10.2.1 NORTH AMERICA: RECESSION IMPACT
FIGURE 41 NORTH AMERICA: DIGITAL OILFIELD MARKET SNAPSHOT
TABLE 67 NORTH AMERICA: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 68 NORTH AMERICA: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2023–2029 (USD MILLION)
TABLE 69 NORTH AMERICA: DIGITAL OILFIELD MARKET, BY PROCESS, 2019–2022 (USD BILLION)
TABLE 70 NORTH AMERICA: DIGITAL OILFIELD MARKET, BY PROCESS, 2023–2029 (USD BILLION)
TABLE 71 NORTH AMERICA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD BILLION)
TABLE 72 NORTH AMERICA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD BILLION)
TABLE 73 NORTH AMERICA: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTION, BY COUNTRY, 2019–2022 (USD BILLION)
TABLE 74 NORTH AMERICA: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTION, BY COUNTRY, 2023–2029 (USD BILLION)
TABLE 75 NORTH AMERICA: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTION, BY COUNTRY, 2019–2022 (USD BILLION)
TABLE 76 NORTH AMERICA: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTION, BY COUNTRY, 2023–2029 (USD BILLION)
TABLE 77 NORTH AMERICA: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 78 NORTH AMERICA: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTION, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 79 NORTH AMERICA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD BILLION)
TABLE 80 NORTH AMERICA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD BILLION)
TABLE 81 NORTH AMERICA: DIGITAL OILFIELD MARKET, BY COUNTRY, 2019–2022 (USD BILLION)
TABLE 82 NORTH AMERICA: DIGITAL OILFIELD MARKET, BY COUNTRY, 2023–2029 (USD BILLION)
10.2.2 US
10.2.2.1 Growing investment in digitalizing components of DCS and SCADA to drive market
TABLE 83 US: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 84 US: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 85 US: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 86 US: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.2.3 CANADA
10.2.3.1 High number of oil sand reserves to drive market
TABLE 87 CANADA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 88 CANADA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 89 CANADA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 90 CANADA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.2.4 MEXICO
10.2.4.1 Increasing private investments in Mexican Gulf for oilfield exploration to drive market
TABLE 91 MEXICO: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 92 MEXICO: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 93 MEXICO: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 94 MEXICO: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.3 ASIA PACIFIC
10.3.1 ASIA PACIFIC: RECESSION IMPACT
TABLE 95 ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 96 ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2023–2029 (USD MILLION)
TABLE 97 ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY PROCESS, 2019–2022 (USD MILLION)
TABLE 98 ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY PROCESS, 2023–2029 (USD MILLION)
TABLE 99 ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 100 ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 101 ASIA PACIFIC: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 102 ASIA PACIFIC: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTION, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 103 ASIA PACIFIC: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 104 ASIA PACIFIC: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTION, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 105 ASIA PACIFIC: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 106 ASIA PACIFIC: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTION, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 107 ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 108 ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
TABLE 109 ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 110 ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY COUNTRY, 2023–2029 (USD MILLION)
10.3.2 CHINA
10.3.2.1 Production shift from onshore to offshore oilfields to drive market
TABLE 111 CHINA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 112 CHINA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 113 CHINA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 114 CHINA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.3.3 MALAYSIA
10.3.3.1 Growing focus on curtailing GHG emissions to boost demand
TABLE 115 MALAYSIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 116 MALAYSIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 117 MALAYSIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 118 MALAYSIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.3.4 INDIA
10.3.4.1 Increasing investment in oil and gas exploration and production activities to propel market
TABLE 119 INDIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 120 INDIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 121 INDIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 122 INDIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.3.5 AUSTRALIA
10.3.5.1 Abundance of uranium reserves to boost demand
TABLE 123 AUSTRALIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 124 AUSTRALIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 125 AUSTRALIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 126 AUSTRALIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.3.6 REST OF ASIA PACIFIC
TABLE 127 REST OF ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 128 REST OF ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 129 REST OF ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 130 REST OF ASIA PACIFIC: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.4 EUROPE
10.4.1 EUROPE: IMPACT OF RECESSION
FIGURE 42 EUROPE: DIGITAL OILFIELD MARKET SNAPSHOT
TABLE 131 EUROPE: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 132 EUROPE: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2023–2029 (USD MILLION)
TABLE 133 EUROPE: DIGITAL OILFIELD MARKET, BY PROCESS, 2019–2022 (USD BILLION)
TABLE 134 EUROPE: DIGITAL OILFIELD MARKET, BY PROCESS, 2023–2029 (USD BILLION)
TABLE 135 EUROPE: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD BILLION)
TABLE 136 EUROPE: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD BILLION)
TABLE 137 EUROPE: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTION, BY COUNTRY, 2019–2022 (USD BILLION)
TABLE 138 EUROPE: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTION, BY COUNTRY, 2023–2029 (USD BILLION)
TABLE 139 EUROPE: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTION, BY COUNTRY, 2019–2022 (USD BILLION)
TABLE 140 EUROPE: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTION, BY COUNTRY, 2023–2029 (USD BILLION)
TABLE 141 EUROPE: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 142 EUROPE: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTION, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 143 EUROPE: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD BILLION)
TABLE 144 EUROPE: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD BILLION)
TABLE 145 EUROPE: DIGITAL OILFIELD MARKET, BY COUNTRY, 2019–2022 (USD BILLION)
TABLE 146 EUROPE: DIGITAL OILFIELD MARKET, BY COUNTRY, 2023–2029 (USD BILLION)
10.4.2 RUSSIA
10.4.2.1 Ongoing large-scale investment projects to develop new oilfields to boost demand
TABLE 147 RUSSIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 148 RUSSIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 149 RUSSIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD BILLION)
TABLE 150 RUSSIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD BILLION)
10.4.3 NORWAY
10.4.3.1 Inauguration of new oilfields to drive market
TABLE 151 NORWAY: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD BILLION)
TABLE 152 NORWAY: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD BILLION)
TABLE 153 NORWAY: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD BILLION)
TABLE 154 NORWAY: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD BILLION)
10.4.4 UK
10.4.4.1 Net-zero emission goals to drive market
TABLE 155 UK: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 156 UK: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 157 UK: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 158 UK: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.4.5 REST OF EUROPE
TABLE 159 REST OF EUROPE: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 160 REST OF EUROPE: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 161 REST OF EUROPE: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 162 REST OF EUROPE: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD BILLION)
10.5 MIDDLE EAST
10.5.1 MIDDLE EAST: RECESSION IMPACT
TABLE 163 MIDDLE EAST: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 164 MIDDLE EAST: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2023–2029 (USD MILLION)
TABLE 165 MIDDLE EAST: DIGITAL OILFIELD MARKET, BY PROCESS, 2019–2022 (USD MILLION)
TABLE 166 MIDDLE EAST: DIGITAL OILFIELD MARKET, BY PROCESS, 2023–2029 (USD MILLION)
TABLE 167 MIDDLE EAST: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 168 MIDDLE EAST: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 169 MIDDLE EAST: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 170 MIDDLE EAST: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTION, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 171 MIDDLE EAST: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 172 MIDDLE EAST: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTION, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 173 MIDDLE EAST: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 174 MIDDLE EAST: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTION, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 175 MIDDLE EAST: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD BILLION)
TABLE 176 MIDDLE EAST: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD BILLION)
TABLE 177 MIDDLE EAST: DIGITAL OILFIELD MARKET, BY COUNTRY, 2019–2022 (USD BILLION)
TABLE 178 MIDDLE EAST: DIGITAL OILFIELD MARKET, BY COUNTRY, 2023–2029 (USD BILLION)
TABLE 179 GCC: DIGITAL OILFIELD MARKET, BY COUNTRY, 2019–2022 (USD BILLION)
TABLE 180 GCC: DIGITAL OILFIELD MARKET, BY COUNTRY, 2023–2029 (USD BILLION)
10.5.2 GCC COUNTRIES
10.5.2.1 Saudi Arabia
10.5.2.1.1 Growing focus on boosting upstream activities to drive market
TABLE 181 SAUDI ARABIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 182 SAUDI ARABIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 183 SAUDI ARABIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 184 SAUDI ARABIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.5.2.2 Kuwait
10.5.2.2.1 Increased investment in digital transformation for cost optimization and workflow enhancement to boost demand
TABLE 185 KUWAIT: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 186 KUWAIT: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 187 KUWAIT: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 188 KUWAIT: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.5.2.3 UAE
10.5.2.3.1 Ongoing oilfield discoveries to drive market
TABLE 189 UAE: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 190 UAE: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 191 UAE: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 192 UAE: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.5.3 REST OF GCC
TABLE 193 REST OF GCC: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 194 REST OF GCC: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 195 REST OF GCC: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 196 REST OF GCC: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.5.4 REST OF MIDDLE EAST
TABLE 197 REST OF MIDDLE EAST: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 198 REST OF MIDDLE EAST: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 199 REST OF MIDDLE EAST: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 200 REST OF MIDDLE EAST: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.6 SOUTH AMERICA
10.6.1 SOUTH AMERICA: RECESSION IMPACT
TABLE 201 SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY PROCESS, 2019–2022 (USD MILLION)
TABLE 202 SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY PROCESS, 2023–2029 (USD MILLION)
TABLE 203 SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 204 SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2023–2029 (USD MILLION)
TABLE 205 SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 206 SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 207 SOUTH AMERICA: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 208 SOUTH AMERICA: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTIONS, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 209 SOUTH AMERICA: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 210 SOUTH AMERICA: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTION, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 211 SOUTH AMERICA: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 212 SOUTH AMERICA: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTIONS, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 213 SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 214 SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
TABLE 215 SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 216 SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY COUNTRY, 2023–2029 (USD MILLION)
10.6.2 BRAZIL
10.6.2.1 Increasing focus on boosting oilfield exploration and production capacities to drive market
TABLE 217 BRAZIL: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 218 BRAZIL: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 219 BRAZIL: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 220 BRAZIL: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.6.3 ARGENTINA
10.6.3.1 High potential from shale reserves to drive market
TABLE 221 ARGENTINA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 222 ARGENTINA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 223 ARGENTINA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 224 ARGENTINA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.6.4 VENEZUELA
10.6.4.1 Eased sanctions and financial restrictions to offer lucrative opportunities to market players
TABLE 225 VENEZUELA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 226 VENEZUELA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 227 VENEZUELA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 228 VENEZUELA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.6.5 REST OF SOUTH AMERICA
TABLE 229 REST OF SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 230 REST OF SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 231 REST OF SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 232 REST OF SOUTH AMERICA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.7 AFRICA
10.7.1 AFRICA: RECESSION IMPACT
TABLE 233 AFRICA: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 234 AFRICA: DIGITAL OILFIELD MARKET, BY TECHNOLOGY, 2023–2029 (USD MILLION)
TABLE 235 AFRICA: DIGITAL OILFIELD MARKET, BY PROCESS, 2019–2022 (USD MILLION)
TABLE 236 AFRICA: DIGITAL OILFIELD MARKET, BY PROCESS, 2023–2029 (USD MILLION)
TABLE 237 AFRICA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 238 AFRICA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 239 AFRICA: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 240 AFRICA: DIGITAL OILFIELD MARKET FOR HARDWARE SOLUTION, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 241 AFRICA: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 242 AFRICA: DIGITAL OILFIELD MARKET FOR SOFTWARE & SERVICE SOLUTIONS, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 243 AFRICA: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTION, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 244 AFRICA: DIGITAL OILFIELD MARKET FOR DATA STORAGE SOLUTION, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 245 AFRICA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 246 AFRICA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
TABLE 247 AFRICA: DIGITAL OILFIELD MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 248 AFRICA: DIGITAL OILFIELD MARKET, BY COUNTRY, 2023–2029 (USD MILLION)
10.7.2 NIGERIA
10.7.2.1 Increasing deepwater drilling activities to boost demand
TABLE 249 NIGERIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 250 NIGERIA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 251 NIGERIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 252 NIGERIA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.7.3 ANGOLA
10.7.3.1 Presence of untapped oil & gas resources to boost demand
TABLE 253 ANGOLA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 254 ANGOLA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 255 ANGOLA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 256 ANGOLA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
10.7.4 REST OF AFRICA
TABLE 257 REST OF AFRICA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2019–2022 (USD MILLION)
TABLE 258 REST OF AFRICA: DIGITAL OILFIELD MARKET, BY SOLUTION, 2023–2029 (USD MILLION)
TABLE 259 REST OF AFRICA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 260 REST OF AFRICA: DIGITAL OILFIELD MARKET, BY APPLICATION, 2023–2029 (USD MILLION)
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 KEY STRATEGIES ADOPTED BY MAJOR PLAYERS, 2019–2023
TABLE 261 DIGITAL OILFIELD MARKET: OVERVIEW OF STRATEGIES ADOPTED BY MAJOR PLAYERS, 2019–2023
11.3 MARKET SHARE ANALYSIS, 2022
TABLE 262 DIGITAL OILFIELD MARKET: DEGREE OF COMPETITION, 2022
FIGURE 43 DIGITAL OILFIELD MARKET SHARE ANALYSIS, 2022
11.4 MARKET EVALUATION FRAMEWORK, 2018–2024
TABLE 263 MARKET EVALUATION FRAMEWORK, 2018–2024
11.5 REVENUE ANALYSIS, 2018–2022
FIGURE 44 DIGITAL FIELD MARKET: REVENUE ANALYSIS OF KEY FIVE PLAYERS, 2018–2022
11.6 COMPANY VALUATION AND FINANCIAL METRICS, 2023
FIGURE 45 COMPANY VALUATION, 2023
FIGURE 46 FINANCIAL METRIX, 2023
11.7 BRAND/PRODUCT COMPARISON
11.8 COMPETITIVE SCENARIOS AND TRENDS
11.8.1 PRODUCT LAUNCHES
TABLE 264 DIGITAL OILFIELD MARKET: PRODUCT LAUNCHES, SEPTEMBER 2019–SEPTEMBER 2023
11.8.2 DEALS
TABLE 265 DIGITAL OILFIELD MARKET: DEALS, OCTOBER 2022–JANUARY 2024
11.8.3 OTHERS
TABLE 266 DIGITAL OILFIELD MARKET: OTHERS, JULY 2022–OCTOBER 2023
11.9 COMPANY EVALUATION MATRIX: INTEGRATORS, 2023
11.9.1 STARS
11.9.2 EMERGING LEADERS
11.9.3 PERVASIVE PLAYERS
11.9.4 PARTICIPANTS
FIGURE 47 OILFIELD MARKET: COMPANY EVALUATION MATRIX: INTEGRATORS, 2023
11.9.5 COMPANY FOOTPRINT: INTEGRATORS, 2023
11.9.5.1 Company footprint (Integrators)
FIGURE 48 COMPANY PRODUCT FOOTPRINT: INTEGRATORS
FIGURE 49 COMPANY MARKET FOOTPRINT: INTEGRATORS
11.9.5.2 Region footprint: Integrators
TABLE 267 REGION COMPANY FOOTPRINT: INTEGRATORS
11.9.5.3 Process footprint: Integrators
TABLE 268 PROCESS COMPANY FOOTPRINT: INTEGRATORS
11.9.5.4 Solution footprint: Integrators
TABLE 269 SOLUTION COMPANY FOOTPRINT: INTEGRATORS
11.9.5.5 Technology footprint: Integrators
TABLE 270 TECHNOLOGY COMPANY FOOTPRINT: INTEGRATORS
11.9.5.6 Application footprint: Integrators
TABLE 271 APPLICATION COMPANY FOOTPRINT: INTEGRATORS
11.10 COMPANY EVALUATION MATRIX: SOFTWARE PROVIDERS, 2023
11.10.1 STARS
11.10.2 EMERGING LEADERS
11.10.3 PERVASIVE PLAYERS
11.10.4 PARTICIPANTS
FIGURE 50 DIGITAL OILFIELD MARKET: EVALUATION MATRIX: SOFTWARE PROVIDERS, 2023
11.10.5 COMPANY FOOTPRINT: SOFTWARE PROVIDERS, 2023
11.10.5.1 Company footprint (Software providers)
FIGURE 51 COMPANY PRODUCT FOOTPRINT: SOFTWARE PROVIDERS
FIGURE 52 COMPANY MARKET FOOTPRINT: SOFTWARE PROVIDERS
11.10.5.2 Region footprint: Software providers
TABLE 272 REGION COMPANY FOOTPRINT: SOFTWARE PROVIDERS
11.10.5.3 Process footprint: Software providers
TABLE 273 PROCESS COMPANY FOOTPRINT: SOFTWARE PROVIDERS
11.10.5.4 Solution footprint: Software providers
TABLE 274 SOLUTION COMPANY FOOTPRINT: SOFTWARE PROVIDERS
11.10.5.5 Technology footprint: Software providers
TABLE 275 TECHNOLOGY COMPANY FOOTPRINT: SOFTWARE PROVIDERS
11.10.5.6 Application footprint: Software providers
TABLE 276 APPLICATION COMPANY FOOTPRINT: SOFTWARE PROVIDERS
11.11 COMPANY EVALUATION MATRIX: EQUIPMENT PROVIDERS, 2023
11.11.1 STARS
11.11.2 EMERGING LEADERS
11.11.3 PERVASIVE PLAYERS
11.11.4 PARTICIPANTS
FIGURE 53 DIGITAL OILFIELD MARKET: EVALUATION MATRIX OF EQUIPMENT PROVIDERS, 2023
11.11.5 COMPANY FOOTPRINT: EQUIPMENT PROVIDERS, 2023
11.11.5.1 Company footprint (Equipment providers)
FIGURE 54 COMPANY PRODUCT FOOTPRINT: EQUIPMENT PROVIDERS
FIGURE 55 COMPANY MARKET FOOTPRINT: EQUIPMENT PROVIDERS
11.11.5.2 Region footprint: Equipment providers
TABLE 277 REGION COMPANY FOOTPRINT: EQUIPMENT PROVIDERS
11.11.5.3 Process footprint: Equipment providers
TABLE 278 PROCESS COMPANY FOOTPRINT: EQUIPMENT PROVIDERS
11.11.5.4 Solution footprint: Equipment providers
TABLE 279 SOLUTION COMPANY FOOTPRINT: EQUIPMENT PROVIDERS
11.11.5.5 Technology footprint: Equipment providers
TABLE 280 TECHNOLOGY COMPANY FOOTPRINT: EQUIPMENT PROVIDERS
11.11.5.6 Application footprint: Equipment providers
TABLE 281 APPLICATION COMPANY FOOTPRINT: EQUIPMENT PROVIDERS
12 COMPANY PROFILES
12.1 KEY INTEGRATORS
(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*
12.1.1 SLB
TABLE 282 SLB: COMPANY OVERVIEW
FIGURE 56 SLB: COMPANY SNAPSHOT
TABLE 283 SLB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 284 SLB: PRODUCT LAUNCHES
TABLE 285 SLB: DEALS
12.1.2 WEATHERFORD
TABLE 286 WEATHERFORD: COMPANY OVERVIEW
FIGURE 57 WEATHERFORD: COMPANY SNAPSHOT
TABLE 287 WEATHERFORD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 288 WEATHERFORD: PRODUCT LAUNCHES
TABLE 289 WEATHERFORD: DEALS
12.1.3 BAKER HUGHES COMPANY
TABLE 290 BAKER HUGHES COMPANY: COMPANY OVERVIEW
FIGURE 58 BAKER HUGHES COMPANY: COMPANY SNAPSHOT
TABLE 291 BAKER HUGHES COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 292 BAKER HUGHES COMPANY: PRODUCT LAUNCHES
TABLE 293 BAKER HUGHES COMPANY: DEALS
TABLE 294 BAKER HUGHES COMPANY: OTHERS
12.1.4 HALLIBURTON
TABLE 295 HALLIBURTON: COMPANY OVERVIEW
FIGURE 59 HALLIBURTON: COMPANY SNAPSHOT
TABLE 296 HALLIBURTON: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 297 HALLIBURTON: PRODUCT LAUNCHES
TABLE 298 HALLIBURTON: DEALS
12.1.5 NOV INC.
TABLE 299 NOV INC.: COMPANY OVERVIEW
FIGURE 60 NOV INC.: COMPANY SNAPSHOT
TABLE 300 NOV INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 301 NOV INC.: PRODUCT LAUNCHES
TABLE 302 NOV INC.: DEALS
12.1.6 PASON SYSTEMS CORP.
TABLE 303 PASON SYSTEMS CORP.: COMPANY OVERVIEW
FIGURE 61 PASON SYSTEMS CORP.: COMPANY SNAPSHOT
TABLE 304 PASON SYSTEM CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 305 PASON SYSTEM CORP.: DEALS
12.1.7 KONGSBERG
TABLE 306 KONGSBERG: COMPANY OVERVIEW
FIGURE 62 KONGSBERG: COMPANY SNAPSHOT
TABLE 307 KONGSBERG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 308 KONGSBERG: PRODUCT LAUNCHES
TABLE 309 KONGSBERG: DEALS
12.1.8 CGG
TABLE 310 CGG: COMPANY OVERVIEW
FIGURE 63 CGG: COMPANY SNAPSHOT
TABLE 311 CGG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 312 CGG: PRODUCT LAUNCHES
TABLE 313 CGG: DEALS
TABLE 314 CGG: EXPANSION
12.1.9 HONEYWELL INTERNATIONAL INC.
TABLE 315 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW
FIGURE 64 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 316 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 317 HONEYWELL INTERNATIONAL INC.: DEALS
12.1.10 NABORS INDUSTRIES LTD.
TABLE 318 NABORS INDUSTRIES LTD.: COMPANY OVERVIEW
FIGURE 65 NABORS INDUSTRIES LTD.: COMPANY SNAPSHOT
TABLE 319 NABORS INDUSTRIES LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 320 NABORS INDUSTRIES LTD.: PRODUCT LAUNCHES
TABLE 321 NABORS INDUSTRIES: DEALS
12.2 KEY EQUIPMENT PROVIDERS
12.2.1 ABB
TABLE 322 ABB: COMPANY OVERVIEW
FIGURE 66 ABB: COMPANY SNAPSHOT
TABLE 323 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 324 ABB: PRODUCT LAUNCHES
TABLE 325 ABB: DEALS
12.2.2 EMERSON ELECTRIC CO.
TABLE 326 EMERSON ELECTRIC CO.: COMPANY OVERVIEW
FIGURE 67 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT
TABLE 327 EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 328 EMERSON ELECTRIC CO.: PRODUCT LAUNCHES
TABLE 329 EMERSON ELECTRIC CO: DEALS
TABLE 330 ROCKWELL AUTOMATION: COMPANY OVERVIEW
FIGURE 68 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
TABLE 331 ROCKWELL AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 332 ROCKWELL AUTOMATION: DEALS
12.2.4 SIEMENS
TABLE 333 SIEMENS: COMPANY OVERVIEW
FIGURE 69 SIEMENS: COMPANY SNAPSHOT
TABLE 334 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 335 SIEMENS: PRODUCT LAUNCHES
TABLE 336 SIEMENS: DEALS
12.2.5 DIGI INTERNATIONAL INC.
TABLE 337 DIGI INTERNATIONAL INC.: COMPANY OVERVIEW
FIGURE 70 DIGI INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 338 DIGI INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 339 DIGI INTERNATIONAL INC.: PRODUCT LAUNCHES
TABLE 340 DIGI INTERNATIONAL INC.: DEALS
12.3 OTHER EQUIPMENT PROVIDERS
12.3.1 TECHNIPFMC PLC
12.3.2 EXPRO GROUP
12.4 KEY SOFTWARE PROVIDERS
12.4.1 IBM
TABLE 341 IBM: COMPANY OVERVIEW
FIGURE 71 IBM: COMPANY SNAPSHOT
TABLE 342 IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 343 IBM: PRODUCT LAUNCHES
TABLE 344 IBM: DEALS
12.4.2 ACCENTURE
TABLE 345 ACCENTURE: COMPANY OVERVIEW
FIGURE 72 ACCENTURE: COMPANY SNAPSHOT
TABLE 346 ACCENTURE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 347 ACCENTURE: PRODUCT LAUNCHES
TABLE 348 ACCENTURE: DEALS
12.4.3 ORACLE
TABLE 349 ORACLE: COMPANY OVERVIEW
FIGURE 73 ORACLE: COMPANY SNAPSHOT
TABLE 350 ORACLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.4.4 INTEL CORPORATION
TABLE 351 INTEL CORPORATION: COMPANY OVERVIEW
FIGURE 74 INTEL CORPORATION: COMPANY SNAPSHOT
TABLE 352 INTEL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 353 INTEL CORPORATION: DEALS
12.4.5 MICROSOFT
TABLE 354 MICROSOFT: COMPANY OVERVIEW
FIGURE 75 MICROSOFT: COMPANY SNAPSHOT
TABLE 355 MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 356 MICROSOFT: DEALS
12.5 OTHER SOFTWARE PROVIDERS
12.5.1 KATALYST DATA MANAGEMENT
12.5.2 PETROLINK
12.5.3 ASPEN TECHNOLOGY INC
*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.
13 APPENDIX
13.1 INSIGHTS FROM INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 CUSTOMIZATION OPTIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
The demand for data storage and its secure and efficient processing is continuously proliferating, resulting in significant growth in the need for data center capacity expansion. To accommodate this enormous information, companies are compelled to either build new data centers or expand the capacity of their existing data centers. However, to support increment in the data center capacity, huge amount of energy is required. Power contributes to almost half of the total cost associated with a data center. As a result, companies have developed innovative and efficient data center power solutions. Efficient power solutions help the data center managers in reducing their data center expenditure, and the Total Cost of Ownership (TCO). Data center power market is not new and prevailing since the concept of data centers was realized. However, in all these years, this market has seen continuous technological advancements and upgradations. In the last 2 years, the global data center industry has experienced slowing of growth in the consumption of electricity in data centers. This is a result of the adoption of energy efficiency measures by various companies, across different regions.
With the continuously escalating need for data storage, the demand for efficient data center power solutions is expected to grow at a healthy rate in the coming years. In spite of decline in the utilization of traditional power solutions, data center power market is estimated to grow considerably in the coming years, due to the adoption of energy-efficient power technologies. Major players in the data center power market are Emerson Network Power, Schneider, Eaton, and ABB. The data center power market research report discusses the strategies and insights of the key vendors in the industry and also provides an in-depth study of driving forces and challenges for the data center power market. The report also analyzes global trends and future growth potentials across different regions. MarketsandMarkets has segmented the global data center power market by solution, deployment size, industry vertical, and region. The report also consists of MarketsandMarkets’ views of the key players and analysts’ insights on various developments that are taking place in the data center power market space. The forecast period of the data center power market research report is 2014-2019, with 2014 considered as the base year.
