Digital Oilfield Market worth $43.0 Billion by 2029

Digital Oilfield Market

The global Digital Oilfield Market is expected to reach USD 43.0 billion by 2029 from USD 30.1 billion in 2023 at a CAGR of 6.3% during the forecast period according to a new report by MarketsandMarkets™.  Digital oilfields play a crucial role in improving operational efficiency, reducing costs, …

Oilfield Technology: A Revolution in the Oil and Gas Industry

Oilfield Technology

New technological advancements in the oil & gas industry; increased return on investment in the oil & gas industry; and the growing need for maximizing production potential from mature wells in key geographical regions such as Asia Pacific, Europe, and North America are likely to …

Digital Oilfield Market will Escalate Rapidly in Near Future

Digital Oilfield Market

The global Digital Oilfield Market size is expected to grow from an estimated USD 24.3 billion in 2021 to USD 32.0 billion by 2026, at a CAGR of 5.6%, during the forecast period. The key drivers for the digital oilfield market include new technological advancements …

Digital Oilfield Market to Show Strong Growth in Near Future

Digital Oilfield Market

The global digital oilfield market size is expected to grow from an estimated USD 24.3 billion in 2021 to USD 32.0 billion by 2026, at a CAGR of 5.6%, during the forecast period. The key drivers for the digital oilfield market include new technological advancements …

Oilfield Integrity Management Market: Increasing Focus on Remote Monitoring of Oilfields

Oilfield Integrity Management Market

The global Oilfield Integrity Management Market size is expected to grow from an estimated USD 12.8 billion in 2020 to USD 18.8 billion by 2025, at a CAGR of 8.1%, during the forecast period. Increasing focus on remote monitoring of oilfields for process optimization and …

Digital Oilfield: Key to the Future of Oil and Gas Industry

Digital Oilfield Market

According to the new market research report “Digital Oilfield Market by Solution (Hardware, Software & Service, and Data Storage Solutions), Processes (Reservoir, Production, Drilling Optimizations, Safety Management), Application (Onshore and Offshore), and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the global digital oilfield …

Digital Oilfield Market: Key Trends and Opportunities

Digital Oilfield Market

The global Digital Oilfield Market size is projected to reach USD 28.5 billion by 2025 from an estimated value of USD 20.2 billion in 2020, at a CAGR of 7.1% from 2020 to 2025. New technological advancements in the digital oilfield, increased return on investment …

Oilfield Integrity Management Market: Current Trends and Future Opportunities

Oilfield Integrity Management Market

The Oilfield Integrity Management Market size is expected to grow from an estimated USD 12.8 billion in 2020 to USD 18.8 billion by 2025, at a CAGR of 8.1%, during the forecast period. Increasing focus on remote monitoring of oilfields for process optimization and automation …

Digital Oilfield Market a Revolutionary Trend in Oil and Gas Industry

Digital Oilfield Market

According to the new market research report “Digital Oilfield Market by Solutions (Hardware, Software & Service, and Data Storage Solutions), Processes (Reservoir, Production, and Drilling Optimizations), Application (Onshore and Offshore), and Region – Global Forecast to 2025″,published by MarketsandMarkets™, the Digital Oilfield Market size is …

Digital Oilfield Market to 2024 – Growing at 4.77% CAGR and Projected to Reach $30.4 Billion

Digital Oilfield Marker

The global digital oilfield market is projected to reach USD 30.4 billion by 2024 from an estimated value of USD 24.1 billion in 2019, at a CAGR of 4.77%.  New technological advancements, and increased return on investment are the factors which are likely to drive …