Impact on Global Digital Oilfield Technology Market 2022 Value with Status and Global Analysis - Schlumberge, Halliburton Company

The latest study released on the Global Impact on Global Digital Oilfield Technology Market evaluates its size, trend, and forecast to 2028. The Impact on Global Digital Oilfield Technology market outlook looks extremely promising is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain, future roadmaps and its distributor analysis. The growth of the Impact on Global Digital Oilfield Technology market was mainly driven by the increasing R&D spending across the world.

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The Impact on Global Digital Oilfield Technology Market size was valued at $ 27.4 billion in 2021, and is projected to reach $ 54.4 billion by 2028, growing at a CAGR of 7.2% from 2022 to 2028.

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendors/key players in the market. Top Companies in the Global Impact on Global Digital Oilfield Technology Market: Schlumberge, Halliburton Company, GE(Baker Hughes), National Oilwell Varco, Weatherford International, Siemens, Honeywell International, Kongsberg Gruppen ASA, Emerson Electric, Petrolink International

Impact on Global Digital Oilfield Technology Market Segmentation: 

This report segments the global Impact on Global Digital Oilfield Technology market on the basis of Types are:

Product optimization
Reservoir optimization
Drilling optimization
Others

On the basis of Application, the Global Impact on Global Digital Oilfield Technology market is segmented into:

Instrumentation & Automation
IT Expenditure

By Region

North America (U.S., Canada, Mexico)

Asia Pacific (India, China, Japan, South Korea, ASEAN, Rest of Asia Pacific)

Europe (Italy, Germany, France, Spain, Central & Eastern Europe, Rest of Europe)

Middle East & Africa (GCC, Turkey, Rest of the Middle East & Africa)

South America (Brazil, Argentina, Rest of South America)

KEY INDUSTRY DEVELOPMENTS:

September 2019, Kongsberg Digital had received a contract from ExxonMobil to provide digital solutions for its offshore asset located in Guyana. The contract includes production wells, gas and water injection wells, umbilicals, flowlines, and risers.

September 2019, Microsoft, Chevron, and Schlumberger had announced to enter in a partnership to boost the establishment of advanced digital and petro-technical technologies to accelerate digital transformation.

June 2019, Baker Hughes and C3.ai had planned to initiate a joint venture to provide digital transformation technologies. The JV agreement is set to amalgamate C3.ai's artificial intelligence solutions & software with the skilled expertise of Baker Hughes and long-standing oil & gas portfolio.

Important Features of the report:

- Detailed analysis of the Global Impact on Global Digital Oilfield Technology market

- Fluctuating market dynamics of the industry

- Detailed market segmentation

- Historical, current, and projected market size in terms of volume and value

- Recent industry trends and developments

- Competitive landscape of the Global Impact on Global Digital Oilfield Technology Market

- Strategies of key players and product offerings

- Potential and niche segments/regions exhibiting promising growth

- A neutral perspective toward Global Impact on Global Digital Oilfield Technology market performance

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Key Developments:

-In May 2021, Anaqua Inc. announced the acquisition of SeeUnity, a premium provider of API-based content integration and migration software products. The transaction gives Anaqua customers improved interconnectivity between its IP management software and other mission-critical enterprise systems, and it builds on SeeUnity's success in providing enhanced connectivity solutions to the legal industry as a whole.

- In February 2021, TM Cloud Inc. updated various features in its Document Management System. Some of the features are as follows: Another simple way to add documents to the TM Cloud DMS is to use the built-in selection interface to download them directly from the USPTO TSDR database. Statistical reports can be extracted from the documents, and so on.

-In Oct 2020, Clarivate has announced the integration of DartsIP case law data with the Innography IP intelligence and analytics solution, which will result in significantly improved strategic decision-making across the IP lifecycle. Following Clarivate's acquisition of CPA Global, the integration will provide corporate IP departments and law firm customers with multi-jurisdictional litigation data from 141 countries

This report aims to provide:

-A qualitative and quantitative analysis of the current trends, dynamics, and estimations from 2022 to 2029.

-The analysis tools such as SWOT analysis, and Porter's five force analysis are utilized which explain the potency of the buyers and suppliers to make profit-oriented decisions and strengthen their business.

-The in-depth analysis of the market segmentation helps to identify the prevailing market opportunities.

-In the end, this Visual Analytics in Education report helps to save you time and money by delivering unbiased information under one roof.

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This release was published on openPR.