The document summarizes a report by IMARC Group about the global digital oilfield market. It describes digital oilfield technologies like AI, AR, IoT, and cloud computing that help optimize oil and gas operations. These technologies increase productivity, lower costs, reduce downtime, and minimize risks. The market is growing due to increased exploration, rising oil demand, and advancing technologies. The report analyzes the market size and forecast by solution, process, application, and region. Major companies offering digital oilfield solutions are also listed.

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Global Digital oil-field
Market Research and
Forecast Report 2021-2026
Author: Elena Anderson,
Marketing Manager |
IMARC Group
© 2019 IMARC All Rights Reserved

2. Report Description
About IMARC Group
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3. Report Description
Report Description and Highlights
GLOBAL Digital oilfield Market Research Report:
As per the latest report by IMARC Group, titled “Digital Oilfield Market: Global Industry Trends, Share,
Size, Growth, Opportunity and Forecast 2021-2026,” the global digital oilfield market size reached a
Strong growth in 2020.
Digital oilfield is an emerging concept that enhances the operations and workflows of oil and gas
exploration through a combination of technologies.
Some of these include artificial intelligence (AI), augmented reality (AR), the Internet of Things (IoT),
mobile connectivity and the cloud, which enable operators to gather, analyze and interact with
production-related information in the field.
This helps in obtaining actionable insights in real-time that help in driving calculated business decisions.
As a result, digital oilfield technologies effectively maximize productivity, lower operating costs, reduce
unscheduled shutdowns of wells and equipment, and minimize the overall risks associated with oil and
gas operations.
Request Free Sample Report: https://www.imarcgroup.com/digital-oilfield-market/requestsample

4. Report Description
Report Description and Highlights
Global Digital oilfield Market Trends :
Digital oilfield technologies help in predicting equipment breakdown, tracking workers in the field,
supplying them the data they need via various platforms and removing them from hazardous
situations.
These technologies not only offer improved efficiencies and cost savings but additional benefits in
areas such as health, safety and environmental compliance. Apart from this, the top oilfield service
providers are entering into partnerships to develop digital technologies for minimizing risks and
improving equipment diagnostics.
For instance, Schlumberger, the world's leading oilfield service provider, has recently announced a joint
venture named Sensia, with Rockwell Automation, to build products for digital oilfield automation.
Moreover, the growing number of exploration activities, significant demand for oil and oil derivatives
from various sectors and advancements in technology are some of the other factors contributing to
market growth.
Looking forward, the market value is projected to reach a strong growth during the forecast period
(2021-2026).

5. Report Description
Report Description and Highlights
Market Summary:
Breakup by solution Type :
• Hardware
• Software
Breakup By process :
• Production
• Drilling and reservoir optimization,
• Safety management
Breakup by Application type:
• Onshore
• Offshore segments.
Note: We are updating our research report 2021-2026. If you want to need latest primary and
secondary data with Cost Module, Business Strategy, Distribution Channel, etc.

6. Competitive Landscape with Key Player:
• Schlumberger Limited
• Weatherford International Plc
• General Electric Company
• Halliburton Company
• Honeywell International
• Siemens AG
• Rockwell Automation
• Kongsberg Gruppen ASA
• Paradigm Group BV
• Pason Systems Inc.
• Petrolink AS
• Accenture Plc
• International Business Machines (IBM) Corporation
• EDG
• OleumTech Corporation
View Full Customization Report with TOC and List of figure : https://www.imarcgroup.com/digital-
oilfield-market
Report Description
Report Description and Highlights

7. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

8. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

9. Report Description
Report Description and Highlights
© 2019 IMARC All Rights Reserved
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