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AI in Oil & Gas Market Outlook to 2025 by Top Leading Players FuGenX Technologies, Intel, Hortonworks, Cisco, IBM, Accenture and Microsoft Corporation

02-25-2019 08:23 AM CET | Leisure, Entertainment, Miscellaneous

Press release from: The Insight Partners

AI in Oil & Gas Market

AI in Oil & Gas Market

The implementation of Artificial Intelligence (AI) in the oil & gas industry helps in streamlining the whole production process as well as wastage control across the different operations. Since the operations in oil & gas industry include several hazardous tasks, the safety of the workers is one of the crucial requirement, and particularly the aging pipeline infrastructure maintenance puts immense pressure on the oil & gas companies. Thus, there is a need for several data analysis process that leverage predictive modeling across the operations of the oil & gas industry. The implementation of AI solutions is thereby, gaining popularity in the oil & gas industry.

Some of the key players influencing the AI in Oil & Gas market are Accenture, Cisco Systems, Inc., FuGenX Technologies Pvt Ltd, Google LLC, Hortonworks Inc., IBM Corporation, Intel Corporation, Microsoft Corporation, Nvidia Corporation, and Oracle Corporation among others.

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Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in the last years are identified. The trends and strategies section highlights the likely future developments in the AI in Oil & Gas Market and suggests approaches. It also contains in depth information and data about the company and its operations.

Key Benefits-
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global AI in Oil & Gas Market.
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)

The "Global AI in Oil & Gas Market Analysis to 2027" is a specialized and in-depth study of the AI in Oil & Gas industry with a focus on the global AI in Oil & Gas market trend. The report aims to provide an overview of the global AI in Oil & Gas market with detailed market segmentation by component, application, sector and geography. The global AI in Oil & Gas market is expected to witness high growth during the forecast period. The report includes key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

The AI in Oil & Gas market research report offers a detailed overview of the industry including both qualitative and quantitative information. It also provides market size and forecast till 2027 for overall AI in Oil & Gas market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

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Besides this, the report analyzes factors affecting AI in Oil & Gas market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions considered in the global AI in Oil & Gas market report. Further, the report also includes ecosystem analysis for the AI in Oil & Gas market.

About Us
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.

We are committed to providing highest quality research and consulting services to our customers. We help our clients understand key market trends, identify opportunities, and make informed decisions by providing market research solutions at an affordable cost

Contact us
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com

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