Global Digital Oilfield Industry Analysis of Growth, Trends and Forecasts 2018-2023 | Ozone Market Reports
Ozone Market Reports projects that the Digital Oilfield market size will grow from USD 27.20 Billion in 2017 to USD 35.14 Billion by 2023, at an estimated CAGR of 4.36%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
The growth of the market is attributed to the competition in the oil & gas industry for the market share, resulting in production focused solutions being implemented in the mature and newly developed fields. Currently, fiscal oil present in the global market exceeds the demand this is the major reason for oil price slump. This decline has impacted the CAPEX for field development. Therefore, the target is solely on efficient and economic recovery of crude.Among the various processes for which DOF solutions are employed, production optimization is expected to be the largest market. The segment is also expected to have the highest CAGR, due to increased investments for optimizing production levels worldwide. Operators have plans to implement these solutions in some of the highest producing fields. Thus, these factors are expected to drive the market of production optimization followed by reservoir optimization.
By Market Players:
Schlumberger Limited , Halliburton Company , Baker Hughes Incorporated , National Oilwell Varco, Inc. , Weatherford International PLC , Paradigm Limited , IHS Inc. , Pointcross Inc. , Katalyst Data Management , Ovation Data Services, Inc. , CGG S.A. , DIGI International Inc. , Honeywell International Inc. , Kongsberg GruppenAsa , Pason Systems Inc. , Redline Communications Group Inc. , Rockwell Automation, Inc. , Siemens AG , EDG, Inc. , Oleumtech Corporation
By Process
Production Optimization , Drilling Optimization , Reservoir Optimization , Others Processes,
By Service
Instrumentation & Automation , It Expenditure, ,
To Read Complete report visit @ https://www.ozonemarketreports.com/energy-and-power/global-and-regional-digital-oilfield-market/1916
The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations.
Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.
The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements.
To Get Request Sample report visit @ https://www.ozonemarketreports.com/sample-request/global-and-regional-digital-oilfield-market/1916
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.
Browse Similar Reports visit @ https://www.ozonemarketreports.com/category/energy-and-power/6
ABOUT US
Ozone Market Reports is committed towards delivering intensive research based analysis reports, enabling clients to easily make fact-based decisions. We also have with us the facility of our innovatively designed and developed data processing and analysis division.
Ozone Market Reports is a research-based consulting firm specializing in getting research inputs and using them appropriately in the marketing planning process. In saying this, we are trying to convey that we always attempt to interpret the research data from the viewpoint of recommending action priorities - both short-term and long-term. To this end, we have put together a team that understands not only research techniques, but also branding concepts in depth. We believe our people are our clients' biggest assets hence we do our best to recruit multi-skilled individuals, and then give them an environment where they can think and ideate freely.
Contact Us:
Name: Steven Samuel
Email - info@ozonemarketreports.com
Phone - +91 9370882135
Website:https://www.ozonemarketreports.com/
The growth of the market is attributed to the competition in the oil & gas industry for the market share, resulting in production focused solutions being implemented in the mature and newly developed fields. Currently, fiscal oil present in the global market exceeds the demand this is the major reason for oil price slump. This decline has impacted the CAPEX for field development. Therefore, the target is solely on efficient and economic recovery of crude.Among the various processes for which DOF solutions are employed, production optimization is expected to be the largest market. The segment is also expected to have the highest CAGR, due to increased investments for optimizing production levels worldwide. Operators have plans to implement these solutions in some of the highest producing fields. Thus, these factors are expected to drive the market of production optimization followed by reservoir optimization.
By Market Players:
Schlumberger Limited , Halliburton Company , Baker Hughes Incorporated , National Oilwell Varco, Inc. , Weatherford International PLC , Paradigm Limited , IHS Inc. , Pointcross Inc. , Katalyst Data Management , Ovation Data Services, Inc. , CGG S.A. , DIGI International Inc. , Honeywell International Inc. , Kongsberg GruppenAsa , Pason Systems Inc. , Redline Communications Group Inc. , Rockwell Automation, Inc. , Siemens AG , EDG, Inc. , Oleumtech Corporation
By Process
Production Optimization , Drilling Optimization , Reservoir Optimization , Others Processes,
By Service
Instrumentation & Automation , It Expenditure, ,
To Read Complete report visit @ https://www.ozonemarketreports.com/energy-and-power/global-and-regional-digital-oilfield-market/1916
The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations.
Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.
The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements.
To Get Request Sample report visit @ https://www.ozonemarketreports.com/sample-request/global-and-regional-digital-oilfield-market/1916
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.
Browse Similar Reports visit @ https://www.ozonemarketreports.com/category/energy-and-power/6
ABOUT US
Ozone Market Reports is committed towards delivering intensive research based analysis reports, enabling clients to easily make fact-based decisions. We also have with us the facility of our innovatively designed and developed data processing and analysis division.
Ozone Market Reports is a research-based consulting firm specializing in getting research inputs and using them appropriately in the marketing planning process. In saying this, we are trying to convey that we always attempt to interpret the research data from the viewpoint of recommending action priorities - both short-term and long-term. To this end, we have put together a team that understands not only research techniques, but also branding concepts in depth. We believe our people are our clients' biggest assets hence we do our best to recruit multi-skilled individuals, and then give them an environment where they can think and ideate freely.
Contact Us:
Name: Steven Samuel
Email - info@ozonemarketreports.com
Phone - +91 9370882135
Website:https://www.ozonemarketreports.com/
Comments
Post a Comment