According to Stratistics MRC, the Global Digital Oilfield Solutions market is expected to grow from $28.31 billion in 2016 to reach $40.61 billion by 2022 with a CAGR of 6.1%. Growing exploration & production activities, increasing demand to minimize production costs, and raising safety concerns are some of the factors fueling the market growth. In addition, recent technological developments in oilfield solutions are bolstering the market growth. However, fluctuating oil prices, low adoption of new technologies are limiting the market growth.

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Automation & Instrumentation segment is expected to witness a highest growth rate during the forecast period due to limited human capital in industry and optimize the costs of automated oilfield process. Middle East is one of the key markets for digital oilfield solutions. North America region has a significant share in the overall global market and is anticipated to provide lucrative growth opportunities for the market in the next few years. Asia Pacific region is expected to be the fastest growing region, with the industrialization & expansion of oil & gas industry.

Some of the key players in global digital oilfield solutions market include Baker Hughes Inc., CGG S.A., DIGI International Inc., Halliburton Company, Honeywell International Inc., IHS Inc., Katalyst Data Management, Kongsberg Gruppen Asa, National Oilwell Varco, Inc., Ovation Data Services, Inc., Paradigm Limited, Pointcross Inc., Rockwell Automation, Inc., Schlumberger Ltd., Siemens AG, and Weatherford International PLC.

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Technologies Covered:
Information technology
Automation & Instrumentation technology
Supervisory Control & Data Acquisition (SCADA)
Programmable Logical Controller (PLC)
Distributed Control System (DCS)
Other Technologies

Process Covered:
Drilling optimization
Production optimization
Reservoir optimization
Other Process
Predictive Maintenance
Asset Management

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

What our report offers:
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 6 years of all the mentioned segments, sub segments and the regional markets
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements

Major Points From The Table Of Contents:

1 Global Digital Oilfield Solutions Market Outlook, By Region

2 Global Digital Oilfield Solutions Market Outlook, By Technology

3 Global Digital Oilfield Solutions Market Outlook, By Information technology

4 Global Digital Oilfield Solutions Market Outlook, By Automation & Instrumentation technology

5 Global Digital Oilfield Solutions Market Outlook, By Supervisory Control & Data Acquisition (SCADA)

6 Global Digital Oilfield Solutions Market Outlook, By Programmable Logical Controller (PLC)

7 Global Digital Oilfield Solutions Market Outlook, By Distributed Control System (DCS)

8 Global Digital Oilfield Solutions Market Outlook, By Other Technologies

9 Global Digital Oilfield Solutions Market Outlook, By Process

10 Global Digital Oilfield Solutions Market Outlook, By Drilling optimization

11 Global Digital Oilfield Solutions Market Outlook, By Production optimization

12 Global Digital Oilfield Solutions Market Outlook, By Reservoir optimization

13 Global Digital Oilfield Solutions Market Outlook, By Other Process

14 Global Digital Oilfield Solutions Market Outlook, By Predictive Maintenance

15 Global Digital Oilfield Solutions Market Outlook, By Asset Management

16 North America Digital Oilfield Solutions Market Outlook, By Country

17 North America Digital Oilfield Solutions Market Outlook, By Technology

18 North America Digital Oilfield Solutions Market Outlook, By Information technology

19 North America Digital Oilfield Solutions Market Outlook, By Automation & Instrumentation technology

20 North America Digital Oilfield Solutions Market Outlook, By Supervisory Control & Data Acquisition (SCADA)

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