October 1, 2018 - 7:56 AM EDT
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Global Digital Oilfield Market Forecast & Opportunities, 2023 - Market is Forecast to Surpass $18 Billion

Dublin, Oct. 01, 2018 (GLOBE NEWSWIRE) -- The "Global Digital Oilfield Market By Process (Drilling Optimization, Production Optimization, Reservoir Optimization, and Others), By Solution (Instrumentation & Automation Vs. IT Services), By Region, Competition Forecast & Opportunities, 2013-2023" report has been added to ResearchAndMarkets.com's offering.

Digital oilfield market is forecast to surpass $ 18 billion by 2023

Anticipated growth in the market can be attributed to increasing demand for oil and gas, rising investment in offshore exploration & production activities and growing consolidation in the digital oilfield industry. Moreover, rising need to reduce downtime and non-productive time by real time monitoring of operations is further expected to fuel demand for digital oilfield across the globe in the coming years.

Additionally, anticipated rise in crude oil prices and innovations in digital oilfield technologies is likely to steer market growth during the forecast period.

Global Digital Oilfield Market, 2013-2023 discusses the following aspects of digital oilfield market globally:

  • Digital Oilfield Market Size, Share & Forecast
  • Segmental Analysis - By Process (Drilling Optimization, Production Optimization, Reservoir Optimization, and Others), By Solution (Instrumentation & Automation Vs. IT Services), By Region
  • Competitive Analysis
  • Changing Market Trends & Emerging Opportunities

Few of the major players operating in the global digital oilfield market include

  • Schlumberger Limited
  • The Halliburton Company
  • Baker Hughes, A GE company
  • Weatherford International plc
  • Sinopec Oilfield Service Corporation
  • Honeywell International Inc.
  • Rockwell Automation, Inc.
  • Accenture PLC
  • Siemens AG
  • International Business Machines (IBM) Corporation

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Analyst View

4. Voice of Customer

5. Global Digital Oilfield Market Outlook

6. North America Digital Oilfield Market Outlook

7. Europe Digital Oilfield Market Outlook

8. Asia-Pacific Digital Oilfield Market Outlook

9. Middle East & Africa Digital Oilfield Market Outlook

10. South America Digital Oilfield Market Outlook

11. Market Dynamics

12. Market Trends & Developments

13. Competitive Landscape

14. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/research/9dgqf7/global_digital?w=12

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Related Topics: Oilfield Equipment and Services

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Source: GlobeNewswire (October 1, 2018 - 7:56 AM EDT)

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