Press release
AI (Artificial Intelligence) in Oil & Gas Market |overview to 2022
Download Free PDF Sample Brochure of “AI in Oil & Gas Market” With Detailed TOC and Company Analysis at http://www.rnrmarketresearch.com/contacts/request-sample?rname=1263815
Key Company Profiles:
1 IBM
2 Accenture
3 Google
4 Microsoft
5 Oracle
6 Intel
7 Numenta
8 Sentient Technologies
9 Inbenta
10 General Vision
11 Cisco
12 Fugenx Technologies
13 Infosys
14 Hortonworks
15 Shell
Target Audience:
• AI manufacturers and suppliers
• AI system providers
• Environmental research institutes
• Government and research organizations
• Institutional investors
• National and local government organizations
• Research organizations and consulting companies
• Technology providers
North America is currently the largest market for AI in Oil & Gas, followed by the markets in Europe and Asia Pacific. Rising investments in the Oil & Gas infrastructure and increased focus toward automation and digitalization are expected to drive AI in the Oil & Gas market during the forecast period.
AI in Oil and Gas Market -By Function:
• Predictive maintenance and machinery inspection
• Material movement
• Production planning
• Field services
• Quality control
• Reclamation
Make an Inquiry for Discounted AI in Oil and Gas Market Report at http://www.rnrmarketresearch.com/contacts/discount?rname=1263815
By Application:The midstream segment is expected to grow at the highest CAGR in the global AI in Oil & Gas market during the forecast period. The growth in the shale oil and gas production in the US is creating the need for an expanded midstream network of pipelines, rail, tankers, and terminals.
The Middle East and Africa is the fastest market for AI in Oil & Gas due to the recent discovery of offshore reserves in the Red Sea region. The increase in E&P activities is likely to boost the demand for AI solutions during the forecast period. The increasing investments in start-ups for AI implementation would further raise the demand for AI in the Oil & Gas market soon.
The distribution of primary interviews is as follows:
By Company Type: Tier 1- 55%, Tier 2- 25%, Tier 3- 20%
By Designation: C-Level- 35%, Manager Level- 30%, Others- 35%
By Region: Europe- 20%, North America- 15%, Asia Pacific- 25%, South America- 10%, and Middle East & Africa- 25%
List of Tables & Figures:
• Table 1 AI in Oil & Gas Market Snapshot
• Table 2 AI in Oil & Gas Market Size, By Type, 2015–2022 (USD Million)
• Table 3 Hardware: AI in Oil & Gas Market, By Region, 2015–2022 (USD Million)
• Table 4 Hardware: Top Countries for AI in Oil & Gas Market, 2015–2022 (USD Million)
• Table 5 Software: AI in Oil & Gas Market, By Region, 2015–2022 (USD Million)
• Table 6 Services AI in Oil & Gas Market, By Region, 2015–2022 (USD Million)
• Table 7 AI in Oil & Gas Market, By Function, 2015–2022 (USD Million)
• Table 8 Predictive Maintenance & Machine Inspection AI in Oil & Gas Market, By Region, 2015–2022 (USD Million)
• Table 9 Material Movement AI in Oil & Gas Market, By Region, 2015–2022 (USD Million)
• Table 10 Production Planning AI in Oil & Gas Market, By Region, 2015–2022 (USD Million)… Continued…
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