1 / 5

Digital Oilfield Solutions Market: Global Industry Analysis and Forecast Till 2025 by Future Market Insights

‘Digital Oilfield’ is a term used for representing the application of advanced information technology in order to optimize hydrocarbon recovery and improving safety in operations. The digital oilfield solutions support the Exploration & Production (E&P) activities of a company, providing optimum reservoir management. A typical oil rig produces about 1 Terabyte (TB) data per day and digital oilfield solutions enables a real-time monitoring and quick analysis of E&P data, resulting fast decision making.

shekharm1
Download Presentation

Digital Oilfield Solutions Market: Global Industry Analysis and Forecast Till 2025 by Future Market Insights

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Global Digital Oilfield Solutions Market Share, Global Trends, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2015 - 2025 www.futuremarketinsights.com Future Market Insights sales@futuremarketinsights.com

  2. Report Description Report Description ‘Digital Oilfield’ is a term used for representing the application of advanced information technology in order to optimize hydrocarbon recovery and improving safety in operations. The digital oilfield solutions support the Exploration & Production (E&P) activities of a company, providing optimum reservoir management. A typical oil rig produces about 1 Terabyte (TB) data per day and digital oilfield solutions enables a real-time monitoring and quick analysis of E&P data, resulting fast decision making. Browse Full Report@ http://www.futuremarketinsights.com/reports/digital-oilfield-solutions- market Digital oilfield solutions market provides an integration of conventional practices in oil & gas with modern communication, automation and information technology. The digital oilfield solutions market has been segmented on the basis of geography which include North America, Latin America, Eastern Europe, Western Europe, Middle East & Africa, Japan and Asia-Pacific (excluding Japan). The North American region is amongst the leading regions in the global digital oilfield solutions market. Asia-pacific region is expected to account for a healthy growth rate in the global digital oilfield market during the forecast period. The digital oilfield solutions market has also been segmented as per IT services and Instrumentation & Automation. The instrumentation & automation segment which include DCS (Distributed Control System), SCADA (Supervisory Control & Data Acquisition),

  3. Report Description Report Description PLC (Programmable Logical Controller), Wireless Sensors, Safety Systems, and other such systems. The DSC & SCADA system accounted for a leading market share in the global digital oilfield solutions market. Due to growing concerns over safety, the safety systems are expected to register substantial growth in the global digital oilfield solutions market. The industry’s inclination and attempts to optimize upstream assets is one of the key drivers for the global digital oilfield solutions market. Additionally, the recovery in crude oil price after recent plummeting is also likely to drive investments in digital oilfield solutions market. Furthermore, given the hazardous nature of the oil & gas industry, the concerns over safety of human resource as well as that of the environment are increasing amid the accidents occurred over the past few years in the industry. Increasing E & P activities in regions such as Eastern Siberian region, where extreme weather condition possess a challenge to work, is also expected to contribute towards the digital oilfield solutions market. Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-615 In addition to the drivers of the digital oilfield solutions market, a few constraints are also enacting their part, which is limiting the investments in this market. One of the key constraints is the digital oilfield solutions market is the unwillingness to adapt the change from conventional to a digital oilfield.

  4. About Us Report Description Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and futuremarkettrends. We provide research services at a global as well as regional level; keyregionsincludeGCC,ASEAN, andBRIC. Sector Coverage Research Capabilities Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Syndicated Research Investment Research Social Media Research

  5. Thank You! To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For other queries contact: Mr. Sudip Saha Future Market Insights: 616 Corporate Way, Suite 2-9018, Valley Cottage, NY 10989, United States 3531 |

More Related