Press release
Digital Oilfield Market Explore Future Growth 2018-2025 by Global Top Players - Schlumberger Limited, The Halliburton Company, Baker Hughes, Weatherford International Plc and more
Digital Oilfield
Top Key Players mentioned in our report:
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
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Global Digital Oilfield Market Analysis
According to Verified Market Intelligence, the global Digital oilfield Market was valued at USD 21.27 Billion in 2018 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 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
Report Answers Subsequent Questions:
Which are most dynamic companies with portfolios and recent development within Digital Oilfield industry till 2025?
What are the important R&D factors and data insights to responsible for growing market share?
What are future investment opportunities in the in Digital Oilfield landscape analysing price trends?
What are key factors that will influence growth, including future revenue projections?
What are market opportunities and potential risks associated with Digital Oilfield by analyzing trends?
How is the market projected to grow in the upcoming years?
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Table of Content Highpoints
1 INTRODUCTION OF GLOBAL DIGITAL OILFIELD MARKET
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
4 GLOBAL DIGITAL OILFIELD MARKET OUTLOOK
5 GLOBAL DIGITAL OILFIELD MARKET, BY PROCESS
6 GLOBAL DIGITAL OILFIELD MARKET, BY DEPLOYMENT TYPE
7 GLOBAL DIGITAL OILFIELD MARKET, BY APPLIACTION
8 GLOBAL DIGITAL OILFIELD MARKET, BY GEOGRAPHY
9 GLOBAL DIGITAL OILFIELD MARKET COMPETITIVE LANDSCAPE
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
To be Continued...
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Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends. Worldwide Market Research’s well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future.
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Worldwide Market Reports
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Email: sales@worldwidemarketreports.com
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