Vigorous Growth AI in Oil and Gas Market 2019-2025 including top key players like IBM , Intel , Microsoft , Accenture, Google , Oracle , Numenta, Infosys, Cisco, General Vision, Hortonworks

The global AI in Oil & Gas market is expected to grow at a CAGR of +12%, from 2018 to 2025, to reach a projected USD +2 Billion by 2025.

AI for oil and gas is a huge potential market, expected to reach US$2.85 billion by 2023. Presently, North America is the largest market using AI in oil and gas, followed by Europe and Asia Pacific. The common factor is that AI can help oil and gas companies lower costs and make more accurate decisions. Oil is considered to be the extremely valued commodity in the energy division. Few of the AI solutions are surrogate reservoir modeling, top-down intelligent reservoir modeling, process optimization, and shale analytics.

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The Top Key Players included in this Market:
IBM , Intel , Microsoft , Accenture, Google , Oracle , Numenta , Sentient technologies , Inbenta , General Vision , Cisco , FuGenX Technologies , Infosys (India), Hortonworks , and Royal Dutch Shell

AI in Oil and Gas Market benefits the global consumer by emphasizing key geological features such as defects, inconsistencies, wrinkles and boundaries. This information provided by artificial intelligence technology is very important to operators because they do not get that insight from wells or other external factors. The report Oil is considered a very valuable commodity in the energy sector. Some of the AI solutions are surrogate storage modeling, top-down intelligent storage modeling, process optimization, and shale analysis.

The AI in Oil and Gas Market report in the oil and gas market includes accurate research and evaluation data and market coverage of key industry players through analysis tools. Increasing automation changes, increased investment in this market and pressure to cut production costs are some of the key drivers of global AI development in the oil and gas markets.

In the future, global AI in Oil and Gas Market is expected to show the highest development rate in developed countries. This expansion is due to an increase in the acceptance of artificial intelligence technologies of service providers and oil operators and the strong incidence of major system vendors and artificial intelligence software.

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Major Factors about the Report:
•Global AI in Oil and Gas Market Overview
•Economic Impact on Market
•Market Competition
•Global AI in Oil and Gas Market Analysis by Application
•Industrial Chain, Sourcing Strategy and Downstream Buyers
•Marketing Strategy Analysis, Distributors/Traders
•Global Market Effect, Factors, Analysis
•Global Market Forecast

Report Highlights:
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2025, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2025
- Market opportunities and recommendations for new investments

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