Global Digital Oilfield Market Overview – Market Growth Analysis And Key Drivers

The Digital Oilfield Global Market Report 2023, provides comprehensive information on the digital oilfield market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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https://www.thebusinessresearchcompany.com/report/digital-oilfield-global-market-report

As per The Business Research Company’s Digital Oilfield Global Market Report 2023, the market size is expected to grow from $26.20 billion in 2022 to $27.68 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. 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 market size of global digital oilfield market is expected to grow to $33.93 billion in 2027 at a CAGR of 5.2%.

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The digital oilfield market is segmented:

1) By Solution: Hardware Solutions, Software and Service Solutions, Data Storage Solutions

2) By Process: Production Optimization, Drilling Optimization, Reservoir Optimization, Safety Management, Other Process

3) By Service: Instrumentation and Automation, Information Technology

4) By Application: Onshore, Offshore

North America was the largest region in the digital oilfield market in 2022.

The table of contents in TBRC’s digital oilfield market report includes:

1. Executive Summary
2. Digital Oilfield Market Characteristics
3. Digital Oilfield Market Trends And Strategies
4. Digital Oilfield Market – Macro Economic Scenario
5. Digital Oilfield Market Size And Growth

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27. Digital Oilfield Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Digital Oilfield Market
29. Digital Oilfield Market Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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