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Smart Oilfield IT Services Market

Smart Oilfield IT Services Market

Smart Oilfield IT Services Market Global Industry Assessment & Forecast

# Pages:

170

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0485

Segments Covered
  • By Type IT Consulting, Business Consulting, Integrating Services, Outsourcing Services, Other
  • By Application Onshore, Offshore
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 480.04 Million
Revenue 2028Revenue 2028: 831.105 Million
Revenue CAGRRevenue CAGR (2021 - 2028): 9.1
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

The report delivers an acute breakdown of the market based on various segments such as Type, Application, , and region. All the segments are studied considering historical and future trends across geographies. All the segments are analyzed based on trends, market size, and forecast, and the data is provided for the years 2016–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report.


On the basis of Type, the market is divided into IT Consulting, Business Consulting, Integrating Services, Outsourcing Services, Other. IT Consulting held the largest share in 2020 and is projected to grow at a noteworthy CAGR within the forecast period.


Based on Application, the market is divided into Onshore, Offshore. Online attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028. 

Global Smart Oilfield IT Services Market: Type Segment Analysis

    • IT Consulting
    • Business Consulting
    • Integrating Services
    • Outsourcing Services
    • Other

Global Smart Oilfield IT Services Market: Application Segment Analysis

    • Onshore
    • Offshore
FAQ
Frequently Asked Question
  • The global Smart Oilfield IT Services valued at 480.04 Million in 2020 and is expected to reach 831.105 Million in 2028 growing at a CAGR of 9.1%.

  • The prominent players in the market are Schlumberger, Accenture, IBM, Cisco, Dell EMC, Infosys, Wipro, Capgemini, PwC, Microsoft, SAS Group, Tata Consultancy Services..

  • The market is project to grow at a CAGR of 9.1% between 2021 and 2028.

  • The driving factors of the Smart Oilfield IT Services include

    • The expansion in the industrial sector and improvement in standard of living is anticipated to augment the growth of the market during the forecast period.
    • The technologies for improving productivity with greater outcome is likely to augment the growth of the market in the years to come.

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