News

Digital Oilfield Market Global Industry Analysis by Top Manufacturers with Size, Share, Segments, Drivers and Challenges

Steadily climbing global energy demands will fuel the global “digital oilfield market growth during the forecast period. According to the International Energy Agency’s Global Energy and CO2 Status Report, in 2018, worldwide demand for energy grew by 2.3%, with fossil fuels meeting 70% of the energy demanded. Moreover, with the world population projected to hit 9.8 billion by 2050, as per UN estimates, the demand for energy will witness an exponential rise in the near future. This is expected to result in a substantial increase in demand for digital oilfield services owing to their multiple advantages such as better efficiency, high rate of return on investment, informed decision-making, and improved productivity. Consequently, the global digital oilfield market size will broaden till 2026.

Request a Sample Copy of the Global Market Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/digital-oilfield-market-100767

Top Players

  • Emerson
  • Schlumberger
  • IBM
  • National Oilwell Varco
  • Kongsberg Gruppen
  • Weatherford
  • Siemens
  • Halliburton
  • Petrolink
  • Honeywell International Inc.
  • Infosys

Key Market Driver – Focus on increasing exploration efficiency

Key Market Restraint – Volatility in crude oil prices and growing demand for alternative sources of energy

Fortune Business Insights provides a comprehensive market analysis in its report, titled “Digital Oilfield Market Size, Share and Global Trend By Process (Reservoir Optimization, Production Optimization, Drilling Optimization, Others), By Solution (Hardware, Software & Service, Data Storage), By Application (Onshore, Offshore) and Geography Forecast till 2026”. The report also contains a detailed assessment of the various factors that will influence the market, trends that are likely to emerge in the market, and the dynamics that will shape the market during the forecast period.

Order Complete Report https://www.fortunebusinessinsights.com/checkout-page/100767

Segmentation

1. By Process

  • Reservoir Optimization
  • Production Optimization
  • Drilling Optimization
  • Others

2. By Solution

  • Hardware
  • Software & Service
  • Data Storage

3. By Application

  • Onshore
  • Offshore

4. By Geography

  • North America (The USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Ask for Customisation https://www.fortunebusinessinsights.com/enquiry/customization/digital-oilfield-market-100767

Fortune Business Insights provides a detailed evaluation of the global market by analyzing the factors driving the market. Besides this, it also discusses some of the economic trends prevailing in the energy and power industry. These trends are analyzed in the report to see an overall impact on the global market.

Increasing use of smart grids and smart metering are likely to help for the better management of power services. Better infrastructural facilities are also expected to encourage growth in the market.

The increased spending on oil and gas across the world is another factor likely to drive the market. Rising investments in energy efficiency projects backed by governments may also stimulate growth in the market. The penetration of renewable sources is increasing, fueling demand for energy and which is expected to drive the market.

The information used is derived from various primary and secondary sources. It also throws light on some of the major players operating in the market. The report studies profiles of these leading companies and their share in the market. It provides insights on some of the strategies adopted by these companies to survive competition and maintain their stronghold.

For more information in the analysis of this report,visit https://www.fortunebusinessinsights.com/industry-reports/digital-oilfield-market-100767

Table of Content

5. Global Digital Oilfield Market Analysis, Insights and Forecast, 2015-2026

5.1.Key Findings / Summary

5.2.Market Analysis, Insights and Forecast – By Solution (USD Billion)

5.2.1.Services

5.2.2.Software

5.2.3.Hardware

5.3.Market Analysis, Insights and Forecast – By Process (USD Billion)

5.3.1.Production Optimization

5.3.2.Reservoir Optimization

5.3.3. Drilling Optimization

5.3.4.Others

5.4.Market Analysis, Insights and Forecast – By Application (USD Billion)

5.4.1.Onshore

5.4.2.Offshore

5.5.Market Analysis, Insights and Forecast – By Region (USD Billion)

5.5.1.North America

5.5.2.Latin America

5.5.3.Europe

5.5.4.Asia Pacific

5.5.5.Middle East & Africa

6. North America Digital Oilfield Market Analysis, Insights and Forecast, 2015-2026

6.1.Key Findings / Summary

6.2.Market Analysis, Insights and Forecast – By Solution (USD Billion)

6.2.1.Services

6.2.2.Software

6.2.3.Hardware

6.3.Market Analysis, Insights and Forecast – By Process (USD Billion)

6.3.1.Production Optimization

6.3.2.Reservoir Optimization

6.3.3.Drilling Optimization

6.3.4.Others

6.4.Market Analysis, Insights and Forecast – By Application (USD Billion)

6.4.1.Onshore

6.4.2.Offshore

6.5.Market Analysis, Insights and Forecast – By Country (USD Billion)

6.5.1.U.S.

6.5.2.Canada

7. Europe Digital Oilfield Market Analysis, Insights and Forecast, 2015-2026

7.1.Key Findings / Summary

7.2.Market Analysis, Insights and Forecast – By Solution (USD Billion)

7.2.1.Services

7.2.2.Software

7.2.3.Hardware

7.3.Market Analysis, Insights and Forecast – By Process (USD Billion)

7.3.1.Production Optimization

7.3.2.Reservoir Optimization

7.3.3.Drilling Optimization

7.3.4.Others

7.4.Market Analysis, Insights and Forecast – By Application (USD Billion)

7.4.1.Onshore

7.4.2.Offshore

7.5.Market Analysis, Insights and Forecast – By Country (USD Billion)

7.5.1.U.K.

7.5.2.Germany

7.5.3.France

7.5.4.Norway

7.5.5.Russia

7.5.6.Rest of Europe

8. Asia Pacific Digital Oilfield Market Analysis, Insights and Forecast, 2015-2026

8.1.Key Findings / Summary

8.2.Market Analysis, Insights and Forecast – By Solution (USD Billion)

8.2.1.Services

8.2.2.Software

8.2.3.Hardware

8.3.Market Analysis, Insights and Forecast – By Process (USD Billion)

8.3.1.Production Optimization

8.3.2.Reservoir Optimization

8.3.3. Drilling Optimization

8.3.4. Others

TOC Continued…!

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Click here to get the short-term and long-term impact of COVID-19 on this Market.

(Have a Look at Reports Trending in “Energy & Power” Industry)

View Related Reports:

What are the Copper Magnet Wire Market opportunities, risk and overview? Fortune Business Insights

What are the key factors driving the global Naphtha Market? Fortune Business Insights

Who are the distributors, traders and dealers of Iron Flow Battery Market? Fortune Business Insights

What will be the CAGR Value for Fuel Cell Gas Diffusion Layer Market in 2026? Fortune Business Insights

What are sales, revenue, and price analysis by types and applications of Wind Turbine Installation Vessel Market? Fortune Business Insights

Hydraulic Cylinders Market – What will be the Short-term Impact of Coronavirus? Fortune Business Insights

Who are the key manufacturers in Vacuum Gas Oil Market? Fortune Business Insights

Kiosks Market: Coronavirus Impact – Key Takeaway? Fortune Business Insights

About Us
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune – 411045, Maharashtra, India.

Phone
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245

Email: [email protected]