Nic_Joms (22)
Title:
Nic_Joms (22)
Description:
The digital oilfield market is driven by major factors such as the new technological advancements, increased Return on Investment, and the rising need to scale up production from mature wells to optimize production. Adoption of new techniques such as IoT (Internet of Things), seismic imaging and Artificial Intelligence helps to deploy minimum workforce in remote onshore & offshore exploration sites.The digital oilfield market has been segmented on the basis of By process, By application, By solution, and By geography. – PowerPoint PPT presentation
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Title: Nic_Joms (22)
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Digital Oilfield Market Forecasts From 2019 To
2024
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DESCRIPTION The digital oilfield market is
estimated to witness a CAGR of 4.76 to reach
US19.258 billion in 2024 from US14.573 billion
in 2018. High adoption of automation in the oil
and gas industry is the major driver of digital
oilfield market. Strict workers safety
regulations and rising cases of accidents in the
past few years are also bolstering the adoption
of digital oilfield solutions and services across
the sector. Further, Rising EP activities in
regions with unfavorable climatic conditions will
continue to propel the growth of the digital
oilfield market during the forecast period.
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- Key Questions Answered By The Report
- What will Digital Oilfield Market from 2019 to
2024? - How are the major drivers and restraints
affecting the Digital Oilfield Market ? - growth and the opportunities which exist for
key vendors? - Which segment and region will drive or lead the
market growth and why? - A comprehensive analysis of competitive
landscape and key market participants behavior - Key strategies being adopted by vendors, with
in-depth analysis along with their impact on
competition and market growth
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Geography
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Geography
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- Segments Covered Under Global Storage
Market - By Process
- Drilling Optimization
- roduct Optimization
- Reservoir Optimization
- Others
- By Application
- Onshore
- Offshore
- By Solution
- Hardware
- Software
- Services
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COMPANY PROFILES
- Rockwell Automation, Inc.
- Weatherford
- Schlumberger Limited
- Emerson
- Halliburton
- Honeywell International
- General Electric
- Kongsberg Gruppen
- Redline Communications
- IBM
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Oilfield Market Forecasts from 2019 to
2024 Link - https//www.knowledge-sourcing.com/r
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