Global Digital Oilfield Market Trends Analysis and Forecasts up to 2022

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Global Digital Oilfield Market Trends Analysis
and Forecasts up to 2022

• Global Digital Oilfield Market is expected
  to grow at a CAGR between 4.0 and 4.5
  over the Forecast period 2016 to 2022. It is
  was worth USD 24.60 billion in 2014. Digital
  oilfields refer to the digital platform used for
  connection and collaboration of on and offshore
  operation in oil and gas sector. The digital
  oilfield helps improve the production and
  maximizes Oilfield recovery, limiting
  non-productive time thereby increasing
  profitability of the firm. Automation and
  Instrumentation accounted for the largest
  market size in 2015 and it is expected to
  dominate the revenues in the digital
  oilfield market over the forecast period.
  The Global Digital Oilfield Market is expected to
  be primarily driven by Factors such as growing
  demand for crude oil, Need of Integrated
  operations to increase efficient and optimal
  E P and Producing Oil from Mature
  Oilfield. However, the growth in the Global
  Digital Oilfield Market is likely to be
  restrained by factors such as High investment
  costs and longer duration of implementation, and
  Volatile crude oil prices.
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• Segments Covered
• The Digital Oilfield Market is segmented on the
  basis of Services, Processes, and region. The
  segmentation on the basis of Services covers
  Automation and Instrumentation, and IT
  Services. The Automation and Instrumentation
  segment further includes DSC, SCADA, Smart
  Well, Safety Systems, Wireless Sensor, PLC,
  CPM and Others. The IT Services
  segment is further divided into IT
  outsourcing, Software, IT Services and
  Commissioning and computer equipment/hardware.
  On the basis of Processes the market is
  segmented as Reservoir, Production
  optimization, Drilling Optimizations and
  others. Among the processes the production
  optimization segment accounted for the largest
  market size in 2015.
• Company Profiles
• Baker Hughes Incorporated
• Schlumberger Limited
• National Oilwell Varco, Inc.
• Halliburton Company
• Pointcross Inc.
• Honeywell International Inc.
• Weatherford International PLC
• Paradigm Limited
• Pason Systems Inc.
• ABB Limited
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• Key topics covered
• Report Overview
• Executive Summary
• Digital Oilfield Market Overview
• Global Digital Oilfield Market by Services
• Global Digital Oilfield Market by Processes
• Global Digital Oilfield Market by Region
• Company Profiles
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  ng_infra/global_digital_oilfield_market