Press release
Digital Oil-Field Market Growth & Key Business Strategies by Leading Industry Players ABB Group (Switzerland), Baker Hughes Inc. (U.S.), Emerson Electric Company (U.S.), TIBCO Software Inc. (U.S.), Microsoft Corporation (U.S.), Redline Communications Grou
Digital oil-field (DOF) technology uses advanced IT technology to enhance crude oil production and increase profitability in the oil & gas industry. It consists of sets of workflows that allow fast execution of collaborative tasks midst distributed teams to give more optimal and profitable results. The emergence of DOF technology has addressed the human capital and resources problems faced by oil & gas industry. DOF includes a variety of themes like operational efficiency, production optimization, collaboration, decision support, data integration, and workflow automation. Advanced software and data analysis techniques are being employed in this market to maximize the profits from various oil & gas operations.Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-toc-and-sample/1623?utm_source=OPR
Fierce competition between the leading players in the oil & gas industry for the market share have resulted in enhanced production solutions being applied in new and developed oil-fields. This will continue to be the major driver for growth of the DOF market. Overcapacity on the global oil market and decline in prices had a high impact on capital expenditure of oil-fields, which lead to the development of this technology that would provide effective and efficient crude recovery solutions. Production optimization accounts for the largest share in the DOF market by process due to increase in investments around the globe, for effectual production in the oil-fields. Manufacturers plan to apply digital field oil solution in high-production fields.
Automation & instrumentation is the fastest growing segment by service due to rise in demand for automated DOF processes and decline in human capital in the industry. This drop in human capital is due to companies lowering their human dependency to sustain in low profit environment. Volatility of oil prices is a challenge for the market as reduced profits because of slump in oil prices restricts the key leading players of the market from investing in research and development activities and newly developed optimization technologies. But rise in oil prices is expected, which will make way for investment in this technology at a larger scale, and thus boost market growth.
The report segments the DOF market on the basis of process, service, and geography. On the basis of process, the market is segmented into production optimization, drilling optimization, reservoir optimization, and others. Based on service, the market is classified into automation & instrumentation and information technology. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
In March 2016, Ingenu and KONAR Electronics and Informatics Inc. delivered DOF solutions to Nigeria pipeline facility for digital monitoring of the field capabilities to maximize the profits. Key leading players of the market invest huge capital in R&D activities for further development of the technology and thus large number of patents related to this technology are being registered. U.S. and China are the main countries accounting for major shares in the DOF market.
Get Customized Report @ https://www.alliedmarketresearch.com/request-for-customization/1623?utm_source=OPR
Comprehensive competitive analysis and profiles of major market players such as ABB Group (Switzerland), Baker Hughes Inc. (U.S.), Emerson Electric Company (U.S.), TIBCO Software Inc. (U.S.), Microsoft Corporation (U.S.), Redline Communications Group Inc. (Canada), Schlumberger Ltd. (U.S.), Paradigm Ltd (U.S.), Microseismic Inc. (U.S.), and Honeywell International Inc., (U.S.) is also provided in the report.
KEY BENEFITS FOR STAKEHOLDERS:
• This report provides quantitative analysis of the current market and estimations through 20142022, which identifies the prevailing opportunities.
• This report provides an extensive analysis of the current and emerging market trends and dynamics in the world DOF market.
• Geographically, the world DOF market is analyzed based on various regions such as North America, Europe, Asia-Pacific, and LAMEA.
• This study evaluates competitive landscape and value chain to understand competitive environment across the geographies.
• Comprehensive analysis of factors that drive and restrict the growth of the DOF is provided. For instance, need for effective and efficient production solutions in oil & gas industry will drive this market.
• Leading players within the DOF market are profiled in this report and their key developments in recent years are listed down.
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Digital Oil-Field Market Growth & Key Business Strategies by Leading Industry Players ABB Group (Switzerland), Baker Hughes Inc. (U.S.), Emerson Electric Company (U.S.), TIBCO Software Inc. (U.S.), Microsoft Corporation (U.S.), Redline Communications Grou here
News-ID: 1378358 • Views: …
More Releases from Allied Market Research

3D Printing Filament Market Comprehensive Growth Outlook and Trend Analysis, 202 …
According to the report, the global 3D printing filament market was valued at $0.9 billion in 2023 and is projected to reach $2.3 billion by 2031, registering a CAGR of 12.8% from 2024 to 2031.
Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/3d-printing-filament-market-A11572
Key Growth Drivers:
The growth of the 3D printing filament market is fueled by continuous advancements in filament materials-such as carbon fiber-reinforced composites, metal-infused filaments, and high-performance engineering plastics. These innovations…

Wet Chemicals Market Detailed Analysis, Growth Trends, and Future Outlook 2025-2 …
According to a recent report by Allied Market Research (AMR), the global wet chemicals market is poised for substantial growth, projected to reach a value of $5.9 billion by 2031, up from $3.2 billion in 2021. This comprehensive analysis explores market dynamics, growth drivers, and strategic initiatives while highlighting key opportunities across regions and industry segments.
Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A17425
The study delves into development trends, investment frameworks, and…

Nonwoven Fabrics Market Outlook to 2033 Projected High CAGR and Growth Opportuni …
A new report titled "Nonwoven Fabrics Market by Polymer Type (Polypropylene (PP), Polyethylene (PE), Polyethylene Terephthalate (PET), Wood Pulp, Rayon, and Others), Function (Disposables and Durables), Technology (Spunbond, Dry Laid, Air Laid, Wet Laid, Meltblown, and Others), and Application (Hygiene, Wipes, Medical, Filtration, Automotive, Building & Construction, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033" has been released by Allied Market Research.
Key Highlights:
- Market Size (2023): $58.4 Billion
- Projected…

Utilities Asset Management Market Poised for 11.3% CAGR Growth, Key Players, Mar …
According to the report published by Allied Market Research, the global utilities asset management market generated $4.3 billion in 2021, and is projected to reach $12.4 billion by 2031, growing at a CAGR of 11.3% from 2022 to 2031.
The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape.…
More Releases for DOF
Dof Platform Market
According to Market Research Intellect, the global Dof Platform market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The Digital Operations Framework (DOF) platform market is experiencing notable growth as organizations increasingly prioritize digital transformation and…
Digital Oil-Field (DOF) Market 2024: Leading Player Analysis, Market Size 2031
Digital Oil-Field (DOF) Market Size & Growth 2024
The Digital Oil-Field (DOF) Market 2024 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects such as Application (Offshore, Onshore, ), Type (RTU, RTU Architecture) of the global Digital Oil-Field…
DOF opens office in Korea to meet growing demand in energy transition
DOF is gearing up to meet future offshore energy demands in Korea as they open office in Busan.
DOF establishes presence in Korea.
DOF is pleased to announce the opening of a new office, together with a local partner, in Busan, Korea, to meet the rising demand of offshore energy projects in the region.
With a well-established reputation for innovation and forward-thinking policies in clean energy, the Korean market represents a significant growth…
Offshore Supply Vessel Market May See a Big Move | Tidewater, Bourbon, DOF
AMA Research released the latest research publication on Global Offshore Supply Vessel market that provides up-to-date and peer-reviewed facts, figures and analysis of global developments in technology, policies, and markets. The survey with Offshore Supply Vessel manufacturers and stakeholders from key geographies, reveals various challenges with regulation, development, and growth scenarios. Additionally stream of Offshore Supply Vessel M&A activity and growth, as producers strive to stay ahead of the curve.…
Digital Oil-Field (DOF) Market Growth Prospects, Competitive Analysis, Trend, Re …
market for digital oil fields (DOF) worldwide A dependable summary of the present market environment and prediction is provided in NEW UPDATED REPORT 2023. The study, which highlights significant market developments, challenges, competitive industry analyses, and new opportunities accessible and trends within the Digital Oil-Field (DOF) Market, may be the ideal combination of qualitative and quantitative information. This research also provides market size, current trends, growth, share, development status, market…
Dof Platform Market Shaping from Growth to Value Motion Systems, Brunner Elektro …
The latest study released on the Global Dof Platform Market by AMA Research evaluates market size, trend, and forecast to 2027. The Dof Platform market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in…