Global Digital Oilfield Market Size and Forecast To 2025

Global Digital Oilfield Market Analysis
According to Verified Market Intelligence, the global Digital oilfield Market was valued at USD 21.27 Billion in 2017 and is projected to reach USD 31.12 Billion by 2025, growing at a CAGR of 4.9% from 2018 to 2025.

What is Digital oilfield?
Digital Oilfield is defined as a section of the energy industry that includes advanced software and data analysis techniques to its operations in order to provide better outputs and enhance the profitability of the production process. The main focus of Digitization of an oilfield is on IT for enhancing the business drivers that comprises of improving safety, optimizing production rate of hydrocarbons, environmental protection, finding reserves and exploiting them to the fullest. Digital oilfield offers numerous advantages such as enhanced decision making, increased return on investment, maximum oilfield recovery, optimum usage of time and Net present value improvement.

Global Digital Oilfield Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Emphasis on process optimization through digitalization by Oil & Gas Operators, growing need from Oil & Gas operators and availability of cloud computing services in the Oil & Gas industry have been driving the global digital oilfield market. On the other hand, factors such as fluctuations in crude oil price and cyber-threats along with resistance toward new technologies might hinder the overall growth at a global level.
Verified Market Intelligence narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The "Global Digital oilfield Market" is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market. This can be of a great use in gaining knowledge about the cutting-edge technologies in the market.

Global Digital oilfield Market Competitive Landscape
The "Global Hardware Security Module Market" study report will provide a valuable insight with an emphasis on global market including some of the major players such as Schlumberger Limited, The Halliburton Company, Baker Hughes, Weatherford International Plc, Sinopec Oilfield Service Corporation, Rockwell Automation, Inc., Honeywell International Inc., Accenture PLC, Siemens AG, and International Business Machines (IBM) Corporation. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.

Global Digital oilfield Market Segmentation, by Process
• Reservoir Optimization
• Production Optimization
• Drilling Optimization
• Others
Global Digital oilfield Market Segmentation, by Solutions
• Hardware Solutions
o Distributed Control System
o Supervisory Control & Data Acquisitions
o Safety System
o Wireless Sensor
o Programmable Logic Controller
o Others (process automation manager and human-machine interaction)
• Software & Service Solutions
o IT Outsourcing
o Software
o IT servicing & Commissioning
o Collaborative Product Management
• Data Storage solutions
o On-Premise
o Hosted
Global Digital oilfield Market Segmentation, by Application
• Onshore
• Offshore
Global Digital oilfield Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Latin America
o Brazil
• Rest of the World

Research Methodology of Verified Market Intelligence:

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our sales team at Verified Market Intelligence.

Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post sales analyst support

Customization of the Report
• In case of any queries or customization requirements please connect with our sales team, who will ensure that your requirements are met.
1 INTRODUCTION OF GLOBAL DIGITAL OILFIELD MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 GLOBAL DIGITAL OILFIELD MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework

5 GLOBAL DIGITAL OILFIELD MARKET, BY PROCESS
5.1 Overview
5.2 Reservoir Optimization
5.3 Production Optimization
5.4 Drilling Optimization
5.5 Others

6 GLOBAL DIGITAL OILFIELD MARKET, BY DEPLOYMENT TYPE
6.1 Overview
6.2 Hardware Solutions
6.2.1 Distributed Control System
6.2.2 Supervisory Control & Data Acquisitions
6.2.3 Safety System
6.2.4 Wireless Sensor
6.2.5 Programmable Logic Controller
6.2.6 Others (process automation manager and human-machine interaction)
6.3 Software & Service Solutions
6.3.1 IT Outsourcing
6.3.2 Software
6.3.3 IT servicing & Commissioning
6.3.4 Collaborative Product Management
6.4 Data Storage solutions
6.4.1 On-Premise
6.4.2 Hosted

7 GLOBAL DIGITAL OILFIELD MARKET, BY APPLIACTION
7.1 Overview
7.2 Onshore
7.3 Offshore

8 GLOBAL DIGITAL OILFIELD MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Latin America
8.5.1 Brazil
8.5.2 Argentina
8.6 Rest of the World

9 GLOBAL DIGITAL OILFIELD MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Share
9.3 Vendor Landscape
9.4 Key Development Strategies

10 COMPANY PROFILES
10.1 Schlumberger
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments

10.2 Weatherford
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments

10.3 BHGE
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments

10.4 Halliburton
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments

10.5 Rockwell
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments

10.6 Siemens
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments

10.7 Honeywell
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments

10.8 Kongsberg
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments

10.9 National Oilwell Varco
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments

10.10 ABB
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments

10.11 Emerson
10.11.1 Overview
10.11.2 Financial Performance
10.11.3 Product Outlook
10.11.4 Key Developments

10.12 IHS Markit
10.12.1 Overview
10.12.2 Financial Performance
10.12.3 Product Outlook
10.12.4 Key Developments
11 Appendix
11.1 Related Reports

Global Audio Digital Signal Processor Market Research Report 2019-2023

Published Date : Aug 2019

A Digital Signal Processor, or DSP, is a specialized microprocessor that has an architecture which is optimized for the fast operational needs of digital signal processing. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this marke...

Huge Growth Opportunities in the Vietnam International and MICE Tourism Market and Forecast

Published Date : Aug 2019

"Huge Growth Opportunities in the Vietnam International and MICE Tourism Market and Forecast" offers the most up-to-date industry data on the actual market situation and future outlook for Vietnam International and Meetings, Incentives, Conferences and Exhibitions (MICE) travelers' market. The repor...

Global Digital Therapeutics Market Research Report 2019-2023

Published Date : Aug 2019

Due to increasing levels in healthcare spending combined with declining R&D returns, digital therapeutics (DTx) represent a new way of treatment in which digital systems are used as regulatory‐approved, to treat medical conditions as prescribed therapeutic interventions. In the context of China-US t...

India Outbound Meetings, Incentives, Conferences and Exhibitions (MICE) Tourism to Gulf Cooperation Council (GCC) Countries - Market Trends and Opportunities to 2025

Published Date : Aug 2019

India Outbound Meetings, Incentives, Conferences and Exhibitions (MICE) Tourism Market to Gulf Cooperation Council (GCC) Countries is set to surpass US$ 5 Billion by 2025. "India Outbound Meetings, Incentives, Conferences and Exhibitions (MICE) Tourism to Gulf Cooperation Council (GCC) ...

Digital Dose Inhalers Market Report 2019-2026 Production, Sales And Consumption Status And Prospects Professional Research

Published Date : Jul 2019

This Digital Dose Inhalers Market report 2019-2026 focus on global and regional market, providing information on major players like manufacturers, supplier...

Global Digital Printed Wallpaper Market Research Report 2019-2023

Published Date : Aug 2019

Digital printed wallpaper refer to murals are printed by digital style, with ultimate scaleabilty and vast color range. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Digital Printed Wallpaper Report by Material, Appl...

Global Digital Lending Platform Market Research Report 2019-2023

Published Date : Aug 2019

In short, a digital lending platform like QCash leverages social, mobile, data analytics and the cloud to create a lending process that's efficient for the financial institution and easy for the borrower. In the context of China-US trade war and global economic volatility and uncertainty, it will ha...

Global Digital Operating Room Market Research Report 2019-2023

Published Date : Aug 2019

Digital operating rooms are on their way to replace the traditional, manually operated operation theatres. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Digital Operating Room Report by Material, Application, and Geo...

Global Digital Copyright Management Market Research Report 2019-2023

Published Date : Jul 2019

In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Digital Copyright management Report by Material, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major regional...

Global Digital Slit Lamp Microscope Market Research Report 2019-2023

Published Date : Jul 2019

The Digital Slit Lamp Microscope is an instrument consisting of a high-intensity light source that can be focused to shine a thin sheet of light into the eye. It is used in conjunction with a biomicroscope. A Digital Slit Lamp Microscope exam is used to check your eyes for any diseases or abnormalit...

 

Select License :

  • Single User : $3950
  • Multiple User : $4750
  • Corporate User : $6750

Happy To Assist You

Assist you at Worldwide Market Reports

We will be happy to help you find what you need. Please call us or write to us:

Worldwide Market Reports Benefits

Custom Research Solution

Talk to our research consultant to design an exclusive report as per your research needs.

Customer Fulfilment

We aim to fulfil client's research demands with tailored research solutions.

Quick Turnaround Time Reports

We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

360-degree Approach

We cover each industry from supply and demand side with an aim to provide a most holistic research study.