Digital Oilfield Market PDF: Upcoming Trends, Demand, Regional Analysis and Forecast 2021-26

1. Global Digital oil-field Market Research and Forecast Report 2021-2026 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description GLOBAL Digital oilfield Market Research Report: As per the latest report by IMARC Group, titled “Digital Oilfield Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global digital oilfield market size reached a Strong growth in 2020. Digital oilfield is an emerging concept that enhances the operations and workflows of oil and gas exploration through a combination of technologies. Some of these include artificial intelligence (AI), augmented reality (AR), the Internet of Things (IoT), mobile connectivity and the cloud, which enable operators to gather, analyze and interact with production-related information in the field. This helps in obtaining actionable insights in real-time that help in driving calculated business decisions. As a result, digital oilfield technologies effectively maximize productivity, lower operating costs, reduce unscheduled shutdowns of wells and equipment, and minimize the overall risks associated with oil and gas operations. Request Free Sample Report: https://www.imarcgroup.com/digital-oilfield-market/requestsample

4. Report Description and Highlights Report Description Global Digital oilfield Market Trends : Digital oilfield technologies help in predicting equipment breakdown, tracking workers in the field, supplying them the data they need via various platforms and removing them from hazardous situations. These technologies not only offer improved efficiencies and cost savings but additional benefits in areas such as health, safety and environmental compliance. Apart from this, the top oilfield service providers are entering into partnerships to develop digital technologies for minimizing risks and improving equipment diagnostics. For instance, Schlumberger, the world's leading oilfield service provider, has recently announced a joint venture named Sensia, with Rockwell Automation, to build products for digital oilfield automation. Moreover, the growing number of exploration activities, significant demand for oil and oil derivatives from various sectors and advancements in technology are some of the other factors contributing to market growth. Looking forward, the market value is projected to reach a strong growth during the forecast period (2021-2026).

5. Report Description and Highlights Report Description Market Summary: Breakup by solution Type : • Hardware • Software Breakup By process : • Production • Drilling and reservoir optimization, • Safety management Breakup by Application type: • Onshore • Offshore segments. Note: We are updating our research report 2021-2026. If you want to need latest primary and secondary data with Cost Module, Business Strategy, Distribution Channel, etc.

6. Report Description and Highlights Report Description Competitive Landscape with Key Player: • Schlumberger Limited • Weatherford International Plc • General Electric Company • Halliburton Company • Honeywell International • Siemens AG • Rockwell Automation • Kongsberg Gruppen ASA • Paradigm Group BV • Pason Systems Inc. • Petrolink AS • Accenture Plc • International Business Machines (IBM) Corporation • EDG • OleumTech Corporation View Full Customization Report with TOC and List of figure : https://www.imarcgroup.com/digital- oilfield-market

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9. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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