According to Stratistics MRC, the Global Digital Oilfield Market is accounted for $29.65 billion in 2021 and is expected to reach $51.47 billion by 2028 growing at a CAGR of 8.2% during the forecast period.
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The term digital oilfield alludes to innovation based arrangements that incorporate progressed information investigation and programming frameworks to further develop oil recuperation from the seabed. The product recreates the activity of an oil and gas field by utilizing work processes and prescient investigation dependent on information from wellbores, repositories, and surface offices. This smoothes out the dynamic interaction by using keenly separated information and state of the art innovation. Oilfield digitalization supports the proficient arrangement of both human and machine assets, just as working on the general expense viability of activities.
Some of the key players profiled in the Digital Oilfield Market include ABB, Accenture, Cisco, Emerson, General Electric, Halliburton, Honeywell, Infosys, Intel, Rockwell, Schlumberger, Schneider, Siemens, Weatherford, and Wipro.
Processes Covered:
• Production Optimization
• Reservoir Optimization
• Drilling Optimization
• Safety Optimization
• Other Processes
Technologies Covered:
• Advance Analytics
• Cloud Computing
• Internet of Things (IoT)
• Mobility
• Robotics
• Other Technologies
Solutions Covered:
• Hardware Solutions
• Software & Service Solutions
• Data Storage Solutions
Applications Covered:
• Onshore
• Offshore
End Users Covered:
• Oil Industries
• Gas Industries
• Other Industries
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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