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Smart Oilfield Market

Smart Oilfield Market

Smart Oilfield Market Global Industry Assessment & Forecast

# Pages:

136

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0477

Segments Covered
  • By Processes Production, Reservoir, Drilling Optimization
  • By Application Onshore, Offshore Application
  • By Solution Types Hardware, Software & Service, Data Storage Solutions
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 1485.6 Million
Revenue 2028Revenue 2028: 2385.7 Million
Revenue CAGRRevenue CAGR (2021 - 2028): 6.1
Fastest Growing Region Fastest Growing Region (2022 - 2028) North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst
Sr. No. Offering Report Coverage
1. Market Size In terms of Revenue (USD Million)
2. Historic Data 2015 to 2019
3. Forecast Data 2021 to 2028
4. Market Drivers, Restraints, Opportunities, & Regional Market Trends Yes
5. Market Attractiveness Analysis Yes
6. Segment Analysis Maximum Segments
7. Regional Coverage 5 Regions
8. Country Coverage Top 22 Countries
9. Competitive Landscape and Company Market Share Analysis Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles.
10. Porter’s Five Forces Analysis Yes.
11. Value Chain Analysis Yes
12. PEST Analysis Yes
13. Regulatory Landscape Yes
14. Technology Landscape Yes
15. COVID-19 Impact Analysis Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics.
16. Top startups to watch out for Yes
17. Top 3 Trends to Watch Yes
18. Top 3 Strategies Followed by Major Players Yes
19. Top 3 Predictions by Vantage Market Research Yes
20. Discussion Guide Yes
21. Key Primary Respondents - VERBATIM Yes
22. Transcripts from the Primary Respondents Additional Cost USD 1,000
23. Others/Miscellaneous
FAQ
Frequently Asked Question
  • The global Smart Oilfield valued at 1485.6 Million in 2020 and is expected to reach 2385.7 Million in 2028 growing at a CAGR of 6.1%.

  • The prominent players in the market are Schlumberger Ltd., Halliburton Corporation, Accenture, Baker Hughes, Shell, Weatherford International, Kongsberg, Gruppen, China National Petroleum Corporation, Rockwell Automation, Pason Systems Inc., Siemens, National Oilwell Varco..

  • The market is project to grow at a CAGR of 6.1% between 2021 and 2028.

  • The driving factors of the Smart Oilfield include

    • The advanced techonology which is changing fast in oil and gas industry has made a path for deployment of smart oilfields. The companies are deploying smart oil fields increasingly for maximization of oilfield recovery, drive profitability and eradicate downtime through the integrated workflows. This is anticipated to augment the growth of the market in the years to come.
    • The smart oilfield is based on advanced software and hardware and data analysis techniques drives the E&P efficiency of oil and gas mainly. The huge demand for energy and rise in depletion of ‘easy oil’ are growing the deployment of smart oilfields and supporting the growth of the market in the near future.

  • North America was the leading regional segment of the Smart Oilfield in 2020.