Global AI In Oil And Gas Market Outlook Through 2023-2032
The Business Research Company’s AI In Oil And Gas Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The AI In Oil And Gas Global Market Report 2023 evaluates AI in oil and gas market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global AI in oil and gas market size is expected to grow from $2.83 billion in 2022 to $3.22 billion in 2023 at a compound annual growth rate (CAGR) of 13.71%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The AI in oil and gas market size is expected to reach $5.16 billion in 2027 at a CAGR of 12.52%.
North America was the largest region in the AI in oil and gas market in 2022 and is expected to be the fastest-growing region in the forecast period.
The AI in oil and gas market segments in the report are:
By Type:
Hardware
Software
Hybrid
By Function:
Predictive Maintenance And Machinery Inspection
Material Movement
Production Planning
Field Services
Quality Control
Reclamation
By Process:
Reservoir Optimization
Drilling Optimization
Production Optimization
Safety Management
Other Processes
By Technology:
Internet Of Things (IoT)
Advance Analytics
Robotics
Cloud Computing
Mobility
Other Technologies
By Application:
Upstream
Downstream
Midstream
Top Major Companies
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The table of contents in TBRC’s AI in oil and gas market report includes:
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List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global AI In Oil And Gas Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global AI In Oil And Gas Market, Segmentation By Function, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global AI In Oil And Gas Market, Segmentation By Process, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 48: IBM Corporation Financial Performance
Table 49: Microsoft Corporation Financial Performance
Table 50: Accenture PLC. Financial Performance
Table 51: Google LLC Financial Performance
Table 52: Intel Corporation Financial Performance
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