Global Digital Oil-Field Market Size, Status and Forecast 2020-2026

Digital oil-field (DOF) technology uses advanced IT technology to enhance crude oil production and increase profitability in the oil & gas industry. It consists of sets of workflows that allow fast execution of collaborative tasks midst distributed teams to give more optimal and profitable results.
The emergence of DOF technology has addressed the human capital and resources problems faced by oil & gas industry.
Market Analysis and Insights: Global Digital Oil-Field Market
In 2019, the global Digital Oil-Field market size was US$ 24020 million and it is expected to reach US$ 28820 million by the end of 2026, with a CAGR of 2.6% during 2021-2026.
Global Digital Oil-Field Scope and Market Size
Digital Oil-Field market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Digital Oil-Field market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Digital Oil-Field market is segmented into Production Optimization, Drilling Optimization, Reservoir Optimization, Others, etc.
Segment by Application, the Digital Oil-Field market is segmented into Automation & Instrumentation, Information Technology, etc.
Regional and Country-level Analysis
The Digital Oil-Field market is analysed and market size information is provided by regions (countries).
The key regions covered in the Digital Oil-Field market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape

and Digital Oil-Field Market Share Analysis
Digital Oil-Field market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Digital Oil-Field business, the date to enter into the Digital Oil-Field market, Digital Oil-Field product introduction, recent developments, etc.
The major vendors include ABB (Switzerland), GE(Baker Hughes), Emerson Electric (US), TIBCO (US), Microsoft (US), Redline (Canada), Schlumberger (US), Paradigm (US), Microseismic (US), Honeywell (US), etc.

This report focuses on the global Digital Oil-Field status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Digital Oil-Field development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study

ABB (Switzerland)
GE(Baker Hughes)
Emerson Electric (US)
TIBCO (US)
Microsoft (US)
Redline (Canada)
Schlumberger (US)
Paradigm (US)
Microseismic (US)
Honeywell (US)

Market segment by Type, the product can be split into

Production Optimization
Drilling Optimization
Reservoir Optimization
Others

Market segment by Application, split into

Automation & Instrumentation
Information Technology

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:

To analyze global Digital Oil-Field status, future forecast, growth opportunity, key market and key players.
To present the Digital Oil-Field development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Digital Oil-Field are as follows:
History Year: 2015-2019

Base Year:

2019

Estimated Year:

2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.