Digital Oilfield Market Intelligence Report - Global Forecast to 2027

Digital Oilfield Market Intelligence Report - Global Forecast to 2027

The Global Digital Oilfield Market is projected to reach USD 46,580.11 million by 2027 from USD 36,141.90 million in 2021, at a CAGR 4.31% during the forecast period.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

• The Americas Digital Oilfield Market size was estimated at USD 12,296.61 million in 2021 and expected to reach USD 12,708.74 million in 2022, at a CAGR 3.97% to reach USD 15,539.61 million by 2027.
• The Asia-Pacific Digital Oilfield Market size was estimated at USD 10,863.11 million in 2021 and expected to reach USD 11,493.66 million in 2022, at a CAGR 4.84% to reach USD 14,427.70 million by 2027.
• The Europe, Middle East & Africa Digital Oilfield Market size was estimated at USD 12,982.17 million in 2021 and expected to reach USD 13,496.04 million in 2022, at a CAGR 4.19% to reach USD 16,612.79 million by 2027.

Market Segmentation & Coverage:

The report on digital oilfield identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. Our market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the digital oilfield to forecast the revenues and analyze the trends in each of the following sub-markets:

Process:

• Drilling Optimization
• Production Optimization
• Reservoir Optimization
• Safety Management

Component:

• Automation & Instrumentation
  • Collaborative Product Management
  • Drilling Support Center
  • Programmable Logic Controller
  • SCADA
  • Smart Well
  • Wireless Sensor
• IT Solutions & Services
  • Computer Equipment
  • IT Commissioning
  • IT Outsourcing
  • Software

Application:

• Offshore
• Onshore

Region:

• Americas
  • Argentina
  • Brazil
  • Canada
  • Mexico
  • United States
    • California
    • Florida
    • Illinois
    • New York
    • Ohio
    • Pennsylvania
    • Texas
• Asia-Pacific
  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
• Europe, Middle East & Africa
  • France
  • Germany
  • Italy
  • Netherlands
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • United Arab Emirates
  • United Kingdom

Company Usability Profiles:

• ABB Ltd.
• Baker Hughes Company
• CGG
• Digi International
• Emerson Electric Co.
• Enverus
• Halliburton Company
• Honeywell International Inc.
• HUVRdata
• Kongsberg Maritime ASA by Kongsberg Gruppen ASA
• Maana
• mCloud Technologies Corp
• Nabor Industries
• National Oilwell Varco, Inc.
• Pason Systems Inc.
• Rignet
• Rockwell Automation, Inc.
• Schlumberger Limited
• Select Energy Services
• Siemens AG
• Weatherford International PLC

Currency: USD

Base Year: 2021

Estimated Year: 2022

Forecast Year: 2027

Base Year Value: USD 36,141.90 million

Estimated Year Value: USD 37,698.45 million

Forecast Year Value: USD 46,580.11 million

CAGR (%): 4.31%.

Please Note: PDF & Excel + Online Access - 1 Year