Global Artificial Intelligence (AI) in Oil & Gas Market 2022-2032 by Component (Hardware, Software & Solutions, Services), Operation (Upstream, Midstream, Downstream), Application (Predictive Maintenance, Production Planning, Material Movement, Field Services, Quality Control), and Region: Trend Forecast and Growth Opportunity

March 2023 | 158 pages | ID: G9FAA09053DDEN
GMD Research

Abstracts

Global artificial intelligence (AI) in oil & gas market will reach $7,942.1 million by 2032, growing by 12.1% annually over 2022-2032, driven by the need to reduce production and maintenance cost, the rising demand for safety and security standards, the increasing adoption of advanced technologies in oil & gas industry, and the high investments and fast innovation in AI implementation.

Highlighted with 81 tables and 75 figures, this 158-page report “Global Artificial Intelligence (AI) in Oil & Gas Market 2022-2032 by Component (Hardware, Software & Solutions, Services), Operation (Upstream, Midstream, Downstream), Application (Predictive Maintenance, Production Planning, Material Movement, Field Services, Quality Control), and Region: Trend Forecast and Growth Opportunity” is based on comprehensive research of the entire global artificial intelligence (AI) in oil & gas market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global artificial intelligence (AI) in oil & gas market in every aspect of the classification from perspectives of Component, Operation, Application, and Region.

Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Hardware
• Software & Solutions
• Services
• Professional Services
• Managed Services

Based on Operation, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Upstream
• Midstream
• Downstream

By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Predictive Maintenance and Machinery Inspection
• Production Planning
• Material Movement
• Field Services
• Quality Control
• Other Applications

Geographically, the following regions together with the listed national/local markets are fully investigated:

• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Venezuela, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa and Rest of MEA)

For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of all regional markets by country and split of each national market by Component, Operation and Application over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

Accenture PLC

C3.AI Inc.

China Petrochemical Corporation

Cisco Systems Inc.

Cloudera Inc.

FuGenX Technologies Pvt. Ltd. (USM Business Systems, Inc.)

Gazprom Neft PJSC

Google LLC

Huawei Technologies Co., Ltd.

IBM Corporation

Infosys Limited

Intel Corporation

Microsoft Corporation

Neudax

NVIDIA Corp.

Oracle Corporation

Royal Dutch Shell PLC

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Contents

1 INTRODUCTION

1.1 Industry Definition and Research Scope
  1.1.1 Industry Definition
  1.1.2 Research Scope
1.2 Research Methodology
  1.2.1 Overview of Market Research Methodology
  1.2.2 Market Assumption
  1.2.3 Secondary Data
  1.2.4 Primary Data
  1.2.5 Data Filtration and Model Design
  1.2.6 Market Size/Share Estimation
  1.2.7 Research Limitations
1.3 Executive Summary

2 MARKET OVERVIEW AND DYNAMICS

2.1 Market Size and Forecast
  2.1.1 Impact of COVID-19 on World Economy
  2.1.2 Impact of COVID-19 on the Market
  2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery
2.2 Major Growth Drivers
2.3 Market Restraints and Challenges
2.4 Emerging Opportunities and Market Trends
2.5 Porter’s Fiver Forces Analysis

3 SEGMENTATION OF GLOBAL MARKET BY COMPONENT

3.1 Market Overview by Component
3.2 Hardware
3.3 Software & Solutions
3.4 Services
  3.4.1 Professional Services
  3.4.2 Managed Services

4 SEGMENTATION OF GLOBAL MARKET BY OPERATION

4.1 Market Overview by Operation
4.2 Upstream
4.3 Midstream
4.4 Downstream

5 SEGMENTATION OF GLOBAL MARKET BY APPLICATION

5.1 Market Overview by Application
5.2 Predictive Maintenance and Machinery Inspection
5.3 Production Planning
5.4 Material Movement
5.5 Field Services
5.6 Quality Control
5.7 Other Applications

6 SEGMENTATION OF GLOBAL MARKET BY REGION

6.1 Geographic Market Overview 2022-2032
6.2 North America Market 2022-2032 by Country
  6.2.1 Overview of North America Market
  6.2.2 U.S.
  6.2.3 Canada
  6.2.4 Mexico
6.3 European Market 2022-2032 by Country
  6.3.1 Overview of European Market
  6.3.2 Germany
  6.3.3 U.K.
  6.3.4 France
  6.3.5 Spain
  6.3.6 Italy
  6.3.7 Russia
  6.3.8 Rest of European Market
6.4 Asia-Pacific Market 2022-2032 by Country
  6.4.1 Overview of Asia-Pacific Market
  6.4.2 Japan
  6.4.3 China
  6.4.4 Australia
  6.4.5 India
  6.4.6 South Korea
  6.4.7 Rest of APAC Region
6.5 South America Market 2022-2032 by Country
  6.5.1 Argentina
  6.5.2 Brazil
  6.5.3 Venezuela
  6.5.4 Rest of South America Market
6.6 MEA Market 2022-2032 by Country
  6.6.1 UAE
  6.6.2 Saudi Arabia
  6.6.3 South Africa
  6.6.4 Other National Markets

7 COMPETITIVE LANDSCAPE

7.1 Overview of Key Vendors
7.2 New Product Launch, Partnership, Investment, and M&A
7.3 Company Profiles
Accenture PLC
C3.AI Inc.
China Petrochemical Corporation
Cisco Systems Inc.
Cloudera Inc.
FuGenX Technologies Pvt. Ltd. (USM Business Systems, Inc.)
Gazprom Neft PJSC
Google LLC
Huawei Technologies Co., Ltd.
IBM Corporation
Infosys Limited
Intel Corporation
Microsoft Corporation
Neudax
NVIDIA Corp.
Oracle Corporation
Royal Dutch Shell PLC
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List Of Tables

LIST OF TABLES:

Table 1. Snapshot of Global AI in Oil & Gas Market in Balanced Perspective, 2022-2032
Table 2. World Economic Outlook, 2021-2031
Table 3. World Economic Outlook, 2021-2023
Table 4. Scenarios for Economic Impact of Ukraine Crisis
Table 5. Main Product Trends and Market Opportunities in Global AI in Oil & Gas Market
Table 6. Global AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 7. Global AI in Oil & Gas Market: Services by Type, 2022-2032, $ mn
Table 8. Global AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 9. Global AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 10. Global AI in Oil & Gas Market by Region, 2022-2032, $ mn
Table 11. Leading National AI in Oil & Gas Market, 2022 and 2032, $ mn
Table 12. North America AI in Oil & Gas Market by Country, 2022-2032, $ mn
Table 13. U.S. AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 14. U.S. AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 15. U.S. AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 16. Canada AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 17. Canada AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 18. Canada AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 19. Mexico AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 20. Mexico AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 21. Mexico AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 22. Europe AI in Oil & Gas Market by Country, 2022-2032, $ mn
Table 23. Germany AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 24. Germany AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 25. Germany AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 26. U.K. AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 27. U.K. AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 28. U.K. AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 29. France AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 30. France AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 31. France AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 32. Spain AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 33. Spain AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 34. Spain AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 35. Italy AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 36. Italy AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 37. Italy AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 38. Russia AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 39. Russia AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 40. Russia AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 41. AI in Oil & Gas Market in Rest of Europe by Country, 2022-2032, $ mn
Table 42. APAC AI in Oil & Gas Market by Country, 2022-2032, $ mn
Table 43. Japan AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 44. Japan AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 45. Japan AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 46. China AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 47. China AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 48. China AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 49. Australia AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 50. Australia AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 51. Australia AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 52. India AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 53. India AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 54. India AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 55. South Korea AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 56. South Korea AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 57. South Korea AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 58. AI in Oil & Gas Market in Rest of APAC by Country/Region, 2022-2032, $ mn
Table 59. South America AI in Oil & Gas Market by Country, 2022-2032, $ mn
Table 60. Argentina AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 61. Argentina AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 62. Argentina AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 63. Brazil AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 64. Brazil AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 65. Brazil AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 66. Venezuela AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 67. Venezuela AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 68. Venezuela AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 69. MEA AI in Oil & Gas Market by Country, 2022-2032, $ mn
Table 70. UAE AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 71. UAE AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 72. UAE AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 73. Saudi Arabia AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 74. Saudi Arabia AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 75. Saudi Arabia AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 76. South Africa AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 77. South Africa AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 78. South Africa AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 79. Accenture PLC: Company Snapshot
Table 80. Accenture PLC: Business Segmentation
Table 81. Accenture PLC: Product Portfolio

List Of Figures

LIST OF FIGURES:

Figure 1. Research Method Flow Chart
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032
Figure 4. Global AI in Oil & Gas Market, 2022-2032, $ mn
Figure 5. Impact of COVID-19 on Business
Figure 6. Primary Drivers and Impact Factors of Global AI in Oil & Gas Market
Figure 7. World Population, GDP and Energy Demand, 1990-2030
Figure 8. World Industry 4.0 Market, 2019-2030, $ bn
Figure 9. World Oil & Gas Offshore and Deepwater Production, 1970-2020
Figure 10. World Crude Oil Production, 2000-2021, million tons
Figure 11. Primary Restraints and Impact Factors of Global AI in Oil & Gas Market
Figure 12. Investment Opportunity Analysis
Figure 13. Porter’s Fiver Forces Analysis of Global AI in Oil & Gas Market
Figure 14. Breakdown of Global AI in Oil & Gas Market by Component, 2022-2032, % of Revenue
Figure 15. Global Addressable Market Cap in 2023-2032 by Component, Value ($ mn) and Share (%)
Figure 16. Global AI in Oil & Gas Market by Component: Hardware, 2022-2032, $ mn
Figure 17. Global AI in Oil & Gas Market by Component: Software & Solutions, 2022-2032, $ mn
Figure 18. Global AI in Oil & Gas Market by Component: Services, 2022-2032, $ mn
Figure 19. Global AI in Oil & Gas Market by Services: Professional Services, 2022-2032, $ mn
Figure 20. Global AI in Oil & Gas Market by Services: Managed Services, 2022-2032, $ mn
Figure 21. Breakdown of Global AI in Oil & Gas Market by Operation, 2022-2032, % of Sales Revenue
Figure 22. Global Addressable Market Cap in 2023-2032 by Operation, Value ($ mn) and Share (%)
Figure 23. Global AI in Oil & Gas Market by Operation: Upstream, 2022-2032, $ mn
Figure 24. Global AI in Oil & Gas Market by Operation: Midstream, 2022-2032, $ mn
Figure 25. Global AI in Oil & Gas Market by Operation: Downstream, 2022-2032, $ mn
Figure 26. Breakdown of Global AI in Oil & Gas Market by Application, 2022-2032, % of Sales Revenue
Figure 27. Global Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%)
Figure 28. Global AI in Oil & Gas Market by Application: Predictive Maintenance and Machinery Inspection, 2022-2032, $ mn
Figure 29. Global AI in Oil & Gas Market by Application: Production Planning, 2022-2032, $ mn
Figure 30. Global AI in Oil & Gas Market by Application: Material Movement, 2022-2032, $ mn
Figure 31. Global AI in Oil & Gas Market by Application: Field Services, 2022-2032, $ mn
Figure 32. Global AI in Oil & Gas Market by Application: Quality Control, 2022-2032, $ mn
Figure 33. Global AI in Oil & Gas Market by Application: Other Applications, 2022-2032, $ mn
Figure 34. Global Market Snapshot by Region
Figure 35. Geographic Spread of Worldwide AI in Oil & Gas Market, 2022-2032, % of Sales Revenue
Figure 36. Global Addressable Market Cap in 2023-2032 by Region, Value ($ mn) and Share (%)
Figure 37. North American AI in Oil & Gas Market, 2022-2032, $ mn
Figure 38. Breakdown of North America AI in Oil & Gas Market by Country, 2022 and 2032, % of Revenue
Figure 39. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 40. U.S. AI in Oil & Gas Market, 2022-2032, $ mn
Figure 41. Canada AI in Oil & Gas Market, 2022-2032, $ mn
Figure 42. AI in Oil & Gas Market in Mexico, 2022-2032, $ mn
Figure 43. European AI in Oil & Gas Market, 2022-2032, $ mn
Figure 44. Breakdown of European AI in Oil & Gas Market by Country, 2022 and 2032, % of Revenue
Figure 45. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 46. AI in Oil & Gas Market in Germany, 2022-2032, $ mn
Figure 47. AI in Oil & Gas Market in U.K., 2022-2032, $ mn
Figure 48. AI in Oil & Gas Market in France, 2022-2032, $ mn
Figure 49. AI in Oil & Gas Market in Spain, 2022-2032, $ mn
Figure 50. AI in Oil & Gas Market in Italy, 2022-2032, $ mn
Figure 51. AI in Oil & Gas Market in Russia, 2022-2032, $ mn
Figure 52. AI in Oil & Gas Market in Rest of Europe, 2022-2032, $ mn
Figure 53. Asia-Pacific AI in Oil & Gas Market, 2022-2032, $ mn
Figure 54. Breakdown of APAC AI in Oil & Gas Market by Country, 2022 and 2032, % of Revenue
Figure 55. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 56. AI in Oil & Gas Market in Japan, 2022-2032, $ mn
Figure 57. AI in Oil & Gas Market in China, 2022-2032, $ mn
Figure 58. AI in Oil & Gas Market in Australia, 2022-2032, $ mn
Figure 59. AI in Oil & Gas Market in India, 2022-2032, $ mn
Figure 60. AI in Oil & Gas Market in South Korea, 2022-2032, $ mn
Figure 61. AI in Oil & Gas Market in Rest of APAC, 2022-2032, $ mn
Figure 62. South America AI in Oil & Gas Market, 2022-2032, $ mn
Figure 63. Breakdown of South America AI in Oil & Gas Market by Country, 2022 and 2032, % of Revenue
Figure 64. Contribution to South America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 65. AI in Oil & Gas Market in Argentina, 2022-2032, $ mn
Figure 66. AI in Oil & Gas Market in Brazil, 2022-2032, $ mn
Figure 67. AI in Oil & Gas Market in Venezuela, 2022-2032, $ mn
Figure 68. AI in Oil & Gas Market in Rest of South America, 2022-2032, $ mn
Figure 69. AI in Oil & Gas Market in Middle East and Africa (MEA), 2022-2032, $ mn
Figure 70. Breakdown of MEA AI in Oil & Gas Market by Country, 2022 and 2032, % of Revenue
Figure 71. Contribution to MEA 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 72. AI in Oil & Gas Market in UAE, 2022-2032, $ mn
Figure 73. AI in Oil & Gas Market in Saudi Arabia, 2022-2032, $ mn
Figure 74. AI in Oil & Gas Market in South Africa, 2022-2032, $ mn
Figure 75. Growth Stage of Global AI in Oil & Gas Industry over the Forecast Period