South America Digital Oilfield Market to Reach $1.2 Billion by 2022 - Key Players are Schlumberger Limited, Halliburton, Baker Hughes, Honeywell, Sinopec, Weatherford International, IBM & Accenture - Research and Markets
Research and Markets has announced the addition of the "South
America Digital Oilfield Market By Process (Drilling Optimization,
Production Optimization, Reservoir Optimization, & Others), By Solution
(Instrumentation & Automation Vs. IT Services), Competition Forecast &
Opportunities, 2012-2022" report to their offering.
The South American digital oilfield market is projected to surpass $1.22
billion by 2022.
Brazil dominates the region's digital oilfield solutions market. During
the forecast period, growth in global digital oilfield market can be
attributed to surging energy demand coupled with decreasing mature
fields production, which is expected to push upstream companies to
improve recovery rates by the use of digital oilfield technologies. In
addition, firming crude oil prices is expected to compel companies to
start their CAPEX cycle again resulting in increased demand for digital
oilfield solutions.
A brief study was conducted to understand each aspect of market outlook
such as drivers, challenges, trends and various other factors affecting
the market. Moreover, an in-depth analysis was conducted to understand
South America digital oilfield market scenario and to gauge the
competitive scenario.
Objective of the Study:
-
To analyze and forecast the market size of South America digital
oilfield, in terms of value.
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To classify and forecast South America digital oilfield market on the
basis of process, solution and regional distribution.
-
To identify drivers, challenges and opportunities available in the
market for digital oilfield in South America.
-
To examine competitive developments such as digital oilfield contracts
in South America digital oilfield market.
-
To strategically profile the leading manufacturers, distributors and
importers in the market which cater to the South America digital
oilfield market.
Companies Mentioned
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Accenture PLC
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Baker Hughes Incorporated
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Halliburton
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Honeywell International Inc
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International Business Machines (IBM) Corporation
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Schlumberger Limited
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Sinopec Oilfield Service Corporation
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Weatherford International plc
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Analyst View
4. Global Digital Oilfield Market Outlook
5. South America Digital Oilfield Market Outlook
6. Market Dynamics
7. Market Trends & Developments
8. Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/q4vphr/south_america
View source version on businesswire.com: http://www.businesswire.com/news/home/20170519005168/en/
Copyright Business Wire 2017
Source: Business Wire
(May 19, 2017 - 3:46 AM EDT)
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