Global digital oilfield market is expected to grow with a CAGR of 4.4% over the forecast period from 2019-2025
NEW YORK, Jan. 27, 2020 /PRNewswire/ --
The report on the global digital oilfield market provides qualitative and quantitative analysis for the period from 2017 to 2025.
Read the full report: https://www.reportlinker.com/p04698504/?utm_source=PRN
The report predicts the global digital oilfield market to grow with a CAGR of 4.4% over the forecast period from 2019-2025. The study on digital oilfield market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2017 to 2025.
The report on digital oilfield market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global digital oilfield market over the period of 2017 to 2025. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global digital oilfield market over the period of 2017 to 2025. Further, IGR- Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.
Report Findings
1) Drivers
• Increasing demand for integrated operations owing to the increasing number of exploration and production of oil
• Growing investments in oil fields
2) Restraints
• Volatile crude oil prices
3) Opportunities
• Increasing the digital trend in the oilfield
Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from the industry
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
Segment Covered
The global digital oilfield market is segmented on the basis of solution, and process.
The Global Digital Oilfield Market by Solution
• Automation and Instrumentation
o DSC
o SCADA
o PLC
o CPM
o Smart Well
o Wireless Sensor
o Other Solutions
• IT Services
o IT Outsourcing
o Software
o IT Services and Commissioning
o Computer Equipment
The Global Digital Oilfield Market by Process
• Reservoir
• Production
• Drilling Optimizations
• Other Processes
Company Profiles
• Baker Hughes Incorporated
• Schlumberger Limited
• National Oilwell Varco, Inc.
• Halliburton Company
• PointCross Life Sciences Inc.
• Honeywell International Inc.
• Weatherford International plc
• Paradigm Limited
• Pason Systems Inc.
• ABB Limited
What does this report deliver?
1. Comprehensive analysis of the global as well as regional markets of the digital oilfield market.
2. Complete coverage of all the segments in the digital oilfield market to analyze the trends, developments in the global market and forecast of market size up to 2025.
3. Comprehensive analysis of the companies operating in the global digital oilfield market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
Read the full report: https://www.reportlinker.com/p04698504/?utm_source=PRN
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