Increasing shift towards an online platform to fuel demand in the global Digital Oilfield market. The market has been witnessing the development of new technology. Digital Oilfield Market Size, Share and Global Trend By Process (Reservoir Optimization, Production Optimization, Drilling Optimization, Others), By Solution (Hardware, Software & Service, Data Storage), By Application (Onshore, Offshore) and Geography Forecast till 2026”.
Key players are expected to emphasize integrating Artificial Intelligence in the system. This is anticipated to propel the growth in the global Digital Oilfield market, said a lead analyst at Fortune Business Insights.
Browse Complete Report at https://www.fortunebusinessinsights.com/industry-reports/digital-oilfield-market-100767
Top Players List:
- Halliburton BHGE
- National Oilwell Varco
- Honeywell International Inc.
- Kongsberg Gruppen
- Paradigm Ltd.
The integration of internet of things with the system is a major factor anticipated to fuel the demand in the market during the forecast period 2018-2025. Additionally, the rising adoption of e-financial services is expected to boost the global market.
Major Segments Mentioned:
- By Component
- By Deployment
- By Industry Vertical
- By Geography
On the contrary, the high cost associated with upgraded technology is a factor that may restrain the global Digital Oilfield market.
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
As stated in the report, North America held a significant share in the market in 2017. The region is expected to witness impressive growth during the forecast period. Owing to intense research and development taking place in the region for IoT integration in the system is likely to enable the growth in the region. Besides this, Asia Pacific is expected to witness promising growth owing to the rising adoption of a sedentary lifestyle in nations such as India and China.
The report also offers insights into the key players operating in the global Digital Oilfield market.
- Executive Summary
- Market Dynamics
- Key Insights
- Global Digital Oilfield Market Analysis, Insights and Forecast, 2014-2025
- North America Digital Oilfield Market Analysis, Insights and Forecast, 2014-2025
- Europe Digital Oilfield Market Analysis, Insights and Forecast, 2014-2025
- Asia Pacific Digital Oilfield Market Analysis, Insights and Forecast, 2014-2025
- The Middle East and Africa Digital Oilfield Market Analysis, Insights and Forecast, 2014-2025
- Latin America Digital Oilfield Market Analysis, Insights and Forecast, 2014-2025
- Competitive Landscape
- Company Profile
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