Digital Oilfield Market Size, Share, Trends, Analysis Report By Product (Hardware, Software, Data Storage), End-Use (Onshore, Offshore), Region, and Segment Forecasts to 2030

Digital Oilfield Market Size, Share, Trends, Analysis Report By Product (Hardware, Software, Data Storage), End-Use (Onshore, Offshore), Region, and Segment Forecasts to 2030

Summary

The global digital oilfield market report provides an executive-level overview of the current digital oilfield projects globally, with detailed forecasts of key indicators up to 2030. Published annually, the report provides a detailed analysis of the near-term opportunities, competitive dynamics, and evolution of demand by product and end-use across regional markets, as well as a review of key market and technology trends.

Digital transformation in oil & gas is still primarily driven by the need to improve workplace safety, productivity, and asset life, since oil & gas infrastructure is extremely capital intensive. These factors are projected to aid the market growth over the forecast period.

According to GlobalData estimates, the global digital oilfield market will grow from $43.9 billion in 2023 to $63.8 billion in 2026 at a CAGR of 5.5%. One of the most detrimental factors positively aiding the market growth is the rising demand for oil & gas across the globe.

Scope

The market intelligence report provides an in-depth analysis of the following –

• Digital oilfield market outlook: analysis as well as historical figures and forecasts of revenue opportunities from the product, end-use, and regional segments.
• The competitive landscape: an examination of the positioning of leading players in the digital oilfield market.
• Company snapshots: analysis of the market position of leading service providers in the digital oilfield market.
• Underlying assumptions behind our published base-case forecasts, as well as potential market developments that would alter, either positively or negatively, our base-case outlook.

Reasons to Buy

• This market intelligence report offers a thorough, forward-looking analysis of the global digital oilfield market by product, end-use, and key opportunities in a concise format to help executives build proactive and profitable growth strategies.
• Accompanying GlobalData’s Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in digital oilfield markets.
• The report also highlights key product segments (Hardware, Software, Data Storage)
• The report also highlights key end-use segments (Onshore, Offshore)
• With more than 90 charts and tables, the report is designed for an executive-level audience, boasting presentation quality.
• The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players, which enables executives to quickly get up to speed with the current and emerging trends in digital oilfield markets.
• The broad perspective of the report coupled with comprehensive, actionable detail will help oil & gas sector stakeholders, service providers, and other digital oilfield players succeed in growing the digital oilfield market globally.