Press release
Global Digital Oilfield Services Market Expectations & Growth Trends Highlighted until 2028 // General Electric, Siemens AG, Kongsberg Gruppen, The Emerson Electric Company, Pason Systems Corp. Rockwell
Request TOC of this Report- https://www.factmr.com/connectus/sample?flag=T&rep_id=2884
With the recuperation of the oil & gas industry from the oil price crisis, several oil companies are investing in oil exploration and production (E & P) to recover losses and cater to the rising demand for oil & gas products across the globe. For the same, oil & gas companies are opting for digital oilfield services that integrate oil production, engineering, security and maintenance operations. Through the integration of oilfield operations, digital oilfield services help reduce operation costs with quick & precise decision-making, thereby improving the overall productivity of the entire operation. Through digital oilfield services, entire oil & gas field operations, starting from drilling, reservoir evaluation, oilfield fluids, stimulation and completions, among other operations are flawlessly, rapidly, optimally and safely executed. Digital oilfield services offer several advantages such as improved compliance and safety, track preventive maintenance throughout the operation, scheduling of tasks, analysis of real-time field data & management and reduced cost of operation. Thus, digital oilfield services not only balance the production demand gap but also streamline data collection, validation and surveillance, among other processes.
In the upstream operation, digital oilfield services witness demand for security applications, minimization of operational expenditure and optimum utilization of available resources, among other applications. Moreover, incessant research, improvisation and development of new technologies in digital oilfield services is the key reason contributing to the growth of the digital oilfield services industry. For instance, integrating new technologies in digital oilfield services such as the Internet of Things (IoT), mobility and cloud computing, among others enhances data capture capacity and improves the decision making ability. Thus, with the development of oil E&P activates across the globe, the demand for digital oilfield services is expected to grow significantly over the forecast period
To know more about the Digital Oilfield Services Market Visit the link- https://www.factmr.com/report/2884/digital-oilfield-services-market
Digital Oilfield Services Market: Regional Outlook
In North America, the U.S. is a major market for digital oilfield services. This can be mainly attributed to growing shale gas exploration and rising offshore oil E&P activities in the region, especially in the Gulf of Mexico. As the operation cost in this region in higher, players in the oil and gas industry are compelled to deploy automation solutions and digital oilfield services. MEA and Asia Pacific regions are poised to register steady growth in the digital oilfield services market. In the Latin America digital oilfield services market, Mexico is one of the key oil and gas producers and the anticipated strong investments in the oil & gas industry in the near future are expected to drive the digital oilfield services market. However, the economic crisis in Venezuela may hamper the digital oilfield services market growth to an extent.
Digital Oilfield Services Market: Market Participants
The digital oilfield services market is a highly fragmented one. A myriad of smaller players are present in the market where the top 10 key players account for over one-third of the digital oilfield services market. Over the recent past, it has been observed that several digital oilfield service providers are signing agreements with oil exploration and production companies to gain a competitive edge over other digital oilfield services providers. For Instance, in 2017, Halliburton and Microsoft collaborated to digitally transform the oil and gas industry and deliver intelligent cloud solutions. Deploying such solutions will drive the next generation of efficient oil and gas exploration and production.
Some of the key players identified across the value chain of the global digital oilfield services market are: Halliburton Company, Schlumberger Limited, General Electric, Siemens AG, Kongsberg Gruppen, The Emerson Electric Company, Pason Systems Corp. Rockwell Automation, Inc.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
Request Brochure of this Report- https://www.factmr.com/connectus/sample?flag=B&rep_id=2884
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at - https://www.industrynewsanalysis.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 Global Digital Oilfield Services Market Expectations & Growth Trends Highlighted until 2028 // General Electric, Siemens AG, Kongsberg Gruppen, The Emerson Electric Company, Pason Systems Corp. Rockwell here
News-ID: 1663470 • Views: …
More Releases from Fact.MR
2036 Global Freeze-dried Pea Isolates Market Intelligence Report: Technology Shi …
The global freeze-dried pea isolates market is projected to witness robust expansion through the next decade as food manufacturers and consumers increasingly seek high-quality, plant-based protein ingredients that support clean-label products and sustainable nutrition. In 2025, the freeze-dried pea isolates market is valued at USD 1.1 billion, and it is expected to reach USD 2.8 billion by 2035, representing an absolute increase of USD 1.7 billion over the forecast period.…
Executive Report: Future of the Global High-concentrated Protein Market - Key Dr …
The global high-concentrated protein market is anticipated to record significant expansion over the next decade as consumer awareness of protein's nutritional benefits rises across food & beverage, Food supplements, sports nutrition, clinical nutrition, and animal feed sectors. Driven by trends toward healthy lifestyles, balanced diets, and functional food formulations, demand for concentrated protein ingredients is expected to further increase as individuals and manufacturers alike prioritise high-quality protein sources.
Industry analyses indicate…
Hydrogen Vehicles Market Forecast 2026-2036: Market Size, Share, Competitive Lan …
The global hydrogen vehicles market is projected to experience substantial growth over the next decade as manufacturers, governments, and consumers increase investments in zero-emission transportation technologies. In 2025, the hydrogen vehicles market is valued at USD 12.5 billion, and it is expected to reach USD 47.8 billion by 2035, reflecting an absolute increase of USD 35.3 billion over the forecast period. This expansion corresponds to a compound annual growth rate…
Motor Soft Starter Market Outlook 2026-2036: Strategic Trends, Innovation Driver …
The motor soft starter market is poised for significant growth over the next decade as industries seek to improve electric motor performance, reduce mechanical stress, and enhance energy efficiency in industrial operations. In 2025, the motor soft starter market is valued at USD 2.8 billion, and it is projected to reach USD 6.9 billion by 2035, representing an absolute increase of USD 4.1 billion over the forecast period. This growth…
More Releases for Digital
Digital luxury brands Market Is Booming Worldwide | Major Giants Balenciaga Digi …
HTF MI recently introduced Global Digital luxury brands Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2025-2033). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence.
Major companies in Digital luxury brands Market are:
Balenciaga Digital, Louis Vuitton Digital, Gucci Digital, Dolce & Gabbana DGFamily, Prada Virtual,…
Introducing Digital Sales Pro, Inc: Revolutionizing Digital Sales in the Digital …
Digital Sales Pro, Inc. is a company that helps content creators and publishers make money from content and reach a larger audience with their craft.
In today's world, it can be tough for content creators and publishers to make money and connect with their audience.
At, Digital Sales Pro, Inc. we understand these challenges and have created a suite of solutions that help our clients build a strong online presence, monetize…
Digital Twin in Healthcare Market Analysis By Type - Product Digital Twins, Proc …
Introduction
The healthcare industry has seen significant growth and development over the years, with technology playing a critical role in transforming patient care. One such innovative technology that has emerged in recent years is the Global Digital Twin in Healthcare Market. This technology allows healthcare professionals to create a virtual replica of a patient's physical self, enabling them to monitor and analyze patient data in real-time. The Global Digital Twin in…
Digital Twin in Healthcare Market Analysis By Type - Product Digital Twins, Proc …
In 2021, the market for Digital Twin in Healthcare worldwide was worth $6.75 billion US dollars. AMR Group projects that the market will reach US$ 96.5 billion by 2031, growing at a CAGR of 40 percent between 2022 and 2031.
Industry Overview
Digital twins are virtual copies of physical objects or things that data scientist & IT professionals can use to compute simulations prior to developing and deploying the original devices. Digital…
Digital Therapeutics Market, Digital Therapeutics Market Size, Digital Therapeut …
The global digital therapeutics market is expected to reach US$ 8,941.1 Mn by 2025 from US$ 1,993.2 Mn in 2017. The market is estimated to grow with a CAGR of 20.8% during the forecast period from 2018 to 2025.
North America is the largest geographic market and it is expected to be the largest revenue generator during the forecast period, whereas the market is expected to witness growth at a significant…
Digital Display Market Future Growth with Worldwide Players (Digital Virgo, Digi …
Digital Display Industry 2019 Global Market 2025 research report represents the historical overview of current Market situation, size, share, trends, growth, supply, outlook and manufacturers with detailed analysis. It also focuses on Digital Display volume and value at global level, regional level and company level. From a global perspective, this report represents overall Digital Display market size by analyzing historical data and future prospect.
Get Sample Copy of this Report -…
