Oilfield Analytics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Oilfield Analytics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)


The oil & gas industry is undergoing a transformative phase with a growing focus on the Internet of Things (IoT), remote instrumentation, and process automation. This digital transformation has led to the emergence of digital oilfields and the adoption of data-driven approaches in the industry. As a result, oil and gas supermajors are increasingly turning to oilfield analytics to gain real-time actionable insights, optimize performance, and predict failures. While widespread adoption is still evolving, advancements in technology and the integration of large-scale data are enabling even smaller players to consider the benefits of oilfield analytics.

Streamlining Operational Efficiency Crucial for Mitigating Profit Plunge


The oil & gas industry has faced declining profit margins due to falling crude oil prices since mid-2014, exacerbated by the impact of the COVID-19 pandemic. To counter these challenges, companies involved in upstream, midstream, and downstream activities are seeking ways to streamline operational efficiency. The extraction of oil and gas from unconventional sources, such as shale oil, subsea oil, and oil sands, has witnessed significant growth. Oilfield analytics play a crucial role in optimizing production and drilling operations for unconventional sources, reducing risks, and minimizing operating expenses.

Focus on the US Market for Maximum Profitability


The United States plays a critical role in the global oilfield analytics market as a major consumer and leading provider of oil and gas. Adoption of oilfield analytics solutions is also expected to rise in neighboring countries such as Canada and Mexico. In Europe, oil and gas production is limited, with the exception of the UK, Norway, and Russia. Stringent regulations in Europe have been driving organizations towards renewable energy sources, which restricts the growth of the oilfield analytics market in the region.

Oligopolistic Nature Presents Challenges for New Entrants


The oilfield analytics market is characterized by a few dominant players who shape its direction. In April 2021, Microsoft Corp. partnered with Ambyint, a provider of solutions for oil and gas exploration and production (E&P) companies, to enhance plunger lift and rod lift wells using Microsoft Azure. This partnership aims to streamline the deployment of Ambyint's lift optimization solutions into E&P companies' Azure software. Other key players in the oilfield analytics market include Oracle Corporation, IBM Analytics, SAP SE, Accenture, SAS Institute Inc., Deloitte Development LLC., KPMG International Cooperative, Teradata Corporation, Capgemini S.A, Hitachi Data Systems Corporation, Cognizant Technology Solution Corporation, and TIBCO Software Inc.

Greater Requirement of Oilfield Analytics in Upstream Oil & Gas Activities


Oilfield analytics encompass both hardware and software components. In offshore oil and gas exploration and production, submersibles are deployed to increase output and maximize production. Operational analytics are used in downstream and midstream activities to assist in recovery efforts. Upstream applications of oilfield analytics include supply chain management, storage optimization, and pipeline risk assessment, while downstream applications encompass liquefaction and regasification assessment, refining and separation optimization, trade optimization, personnel safety assessment, and demand-supply optimization.Please note: the PDF e-mail from publisher version of this report is for a global site license.


1. Executive Summary
1.1. Global Oilfield Analytics Market: Snapshot
1.2. Future Projections, 2023 - 2030, (US$ Mn)
1.3. Key Segment Analysis and Competitive Insights
1.4. Premium Insights
2. Market Overview
2.1. Market Definitions and Segmentation
2.2. Market Dynamics
2.2.1. Driver
2.2.2. Restraint
2.2.3. Industry Challenges & Opportunities
2.3. Market Forces Analysis
2.3.1. Value Chain Analysis
2.3.2. Porters Five Forces Analysis
2.4. Challenges and Solutions
2.5. Supply Chain Impact Analysis
2.6. COVID-19 Impact Analysis
2.6.1. Pre and Post Covid-19 Analysis
2.7. Regulatory Scenario
2.8. Economic Analysis
3. Global Oilfield Analytics Market Outlook, 2018 - 2030
3.1. Global Oilfield Analytics Market Outlook, by Services, Value (US$ Mn), 2018 - 2030
3.1.1. Key Highlights
3.1.1.1. Cloud
3.1.1.2. Professional
3.1.1.3. Integration
3.1.2. Market Attractiveness Analysis
3.2. Global Oilfield Analytics Market Outlook, by Deployment, Value (US$ Mn), 2018 - 2030
3.2.1. Key Highlights
3.2.1.1. On-premises
3.2.1.2. Hosted
3.2.2. Market Attractiveness Analysis
3.3. Global Oilfield Analytics Market Outlook, by Application, Value (US$ Mn), 2018 - 2030
3.3.1. Key Highlights
3.3.1.1. Upstream
3.3.1.2. Midstream
3.3.1.3. Downstream
3.3.2. Market Attractiveness Analysis
3.4. Global Oilfield Analytics Market Outlook, by Region, Value (US$ Mn), 2018 - 2030
3.4.1. Key Highlights
3.4.1.1. North America
3.4.1.2. Europe
3.4.1.3. Asia Pacific
3.4.1.4. Latin America
3.4.1.5. Middle East & Africa
3.4.2. Market Attractiveness Analysis
4. North America Oilfield Analytics Market Outlook, 2018 - 2030
4.1. North America Oilfield Analytics Market Outlook, by Services, Value (US$ Mn), 2018 - 2030
4.1.1. Key Highlights
4.1.1.1. Cloud
4.1.1.2. Professional
4.1.1.3. Integration
4.2. North America Oilfield Analytics Market Outlook, by Deployment, Value (US$ Mn), 2018 - 2030
4.2.1. Key Highlights
4.2.1.1. On-premises
4.2.1.2. Hosted
4.3. North America Oilfield Analytics Market Outlook, by Application, Value (US$ Mn), 2018 - 2030
4.3.1. Key Highlights
4.3.1.1. Upstream
4.3.1.2. Midstream
4.3.1.3. Downstream
4.4. North America Oilfield Analytics Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
4.4.1. Key Highlights
4.4.1.1. U.S.
4.4.1.2. Canada
5. Europe Oilfield Analytics Market Outlook, 2018 - 2030
5.1. Europe Oilfield Analytics Market Outlook, by Services, Value (US$ Mn), 2018 - 2030
5.1.1. Key Highlights
5.1.1.1. Cloud
5.1.1.2. Professional
5.1.1.3. Integration
5.2. Europe Oilfield Analytics Market Outlook, by Deployment, Value (US$ Mn), 2018 - 2030
5.2.1. Key Highlights
5.2.1.1. On-premises
5.2.1.2. Hosted
5.3. Europe Oilfield Analytics Market Outlook, by Application, Value (US$ Mn), 2018 - 2030
5.3.1. Key Highlights
5.3.1.1. Upstream
5.3.1.2. Midstream
5.3.1.3. Downstream
5.4. Europe Oilfield Analytics Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
5.4.1. Key Highlights
5.4.1.1. Germany
5.4.1.2. France
5.4.1.3. U.K.
5.4.1.4. Norway
5.4.1.5. Turkey
5.4.1.6. Russia
5.4.1.7. Rest of Europe
5.4.2. BPS Analysis/Market Attractiveness Analysis
6. Asia Pacific Oilfield Analytics Market Outlook, 2018 - 2030
6.1. Asia Pacific Oilfield Analytics Market Outlook, by Services, Value (US$ Mn), 2018 - 2030
6.1.1. Key Highlights
6.1.1.1. Cloud
6.1.1.2. Professional
6.1.1.3. Integration
6.2. Asia Pacific Oilfield Analytics Market Outlook, by Deployment, Value (US$ Mn), 2018 - 2030
6.2.1. Key Highlights
6.2.1.1. On-premises
6.2.1.2. Hosted
6.3. Asia Pacific Oilfield Analytics Market Outlook, by Application, Value (US$ Mn), 2018 - 2030
6.3.1. Key Highlights
6.3.1.1. Upstream
6.3.1.2. Midstream
6.3.1.3. Downstream
6.4. Asia Pacific Oilfield Analytics Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
6.4.1. Key Highlights
6.4.1.1. China
6.4.1.2. India
6.4.1.3. Singapore
6.4.1.4. Malaysia
6.4.1.5. Australia
6.4.1.6. Rest of Asia Pacific
6.4.2. BPS Analysis/Market Attractiveness Analysis
7. Latin America Oilfield Analytics Market Outlook, 2018 - 2030
7.1. Latin America Oilfield Analytics Market Outlook, by Services, Value (US$ Mn), 2018 - 2030
7.1.1. Key Highlights
7.1.1.1. Cloud
7.1.1.2. Professional
7.1.1.3. Integration
7.2. Latin America Oilfield Analytics Market Outlook, by Deployment, Value (US$ Mn), 2018 - 2030
7.2.1. Key Highlights
7.2.1.1. On-premises
7.2.1.2. Hosted
7.3. Latin America Oilfield Analytics Market Outlook, by Application, Value (US$ Mn), 2018 - 2030
7.3.1. Key Highlights
7.3.1.1. Upstream
7.3.1.2. Midstream
7.3.1.3. Downstream
7.4. Latin America Oilfield Analytics Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
7.4.1. Key Highlights
7.4.1.1. Brazil
7.4.1.2. Mexico
7.4.1.3. Rest of Latin America
7.4.2. BPS Analysis/Market Attractiveness Analysis
8. Middle East & Africa Oilfield Analytics Market Outlook, 2018 - 2030
8.1. Middle East & Africa Oilfield Analytics Market Outlook, by Services, Value (US$ Mn), 2018 - 2030
8.1.1. Key Highlights
8.1.1.1. Cloud
8.1.1.2. Professional
8.1.1.3. Integration
8.2. Middle East & Africa Oilfield Analytics Market Outlook, by Deployment, Value (US$ Mn), 2018 - 2030
8.2.1. Key Highlights
8.2.1.1. On-premises
8.2.1.2. Hosted
8.3. Middle East & Africa Oilfield Analytics Market Outlook, by Application, Value (US$ Mn), 2018 - 2030
8.3.1. Key Highlights
8.3.1.1. Upstream
8.3.1.2. Midstream
8.3.1.3. Downstream
8.4. Middle East & Africa Oilfield Analytics Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
8.4.1. Key Highlights
8.4.1.1. Saudi Arabia
8.4.1.2. UAE
8.4.1.3. Qatar
8.4.1.4. Iran
8.4.1.5. Nigeria
8.4.1.6. Rest of Middle East & Africa
8.4.2. BPS Analysis/Market Attractiveness Analysis
9. Competitive Landscape
9.1. Company Market Share Analysis, 2022
9.2. Competition Matrix (By Tier and Size of companies)
9.3. Strategic Collaborations
9.3.1. Joint Ventures
9.3.2. Mergers & Acquisitions
9.4. Company Profiles
9.4.1. Microsoft Corporation
9.4.1.1. Company Overview
9.4.1.2. Product Portfolio
9.4.1.3. Financial Overview
9.4.1.4. Business Strategies and Development
9.4.2. Oracle Corporation
9.4.3. IBM Analytics
9.4.4. SAP SE
9.4.5. Accenture
9.4.6. SAS Institute Inc.
9.4.7. Deloitte Development LLC.
9.4.8. KPMG International Cooperative
9.4.9. Teradata Corporation
9.4.10. Capgemini S.A
9.4.11. Hitachi Data Systems Corporation
9.4.12. Cognizant Technology Solution Corporation
9.4.13. TIBCO Software Inc.
10. Appendix
10.1. Acronyms and Abbreviations
10.2. Research Scope & Assumptions
10.3. Research Methodology and Information Sources

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings