Digital Oilfield Technology Market

Digital oilfield technology is the integration of networking, communication, and automation with oilfield processes such as surveying, drilling, and production.
Digital Oilfield Technology Market contains market size and forecasts of Digital Oilfield Technology in Global, including the following market information:
Global Digital Oilfield Technology Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Digital Oilfield Technology market was valued at 24640 million in 2021 and is projected to reach US$ 29270 million by 2028, at a CAGR of 2.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Product optimization Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Digital Oilfield Technology include Schlumberge, Halliburton Company, GE(Baker Hughes), National Oilwell Varco, Weatherford International, Siemens, Honeywell International, Kongsberg Gruppen ASA and Emerson Electric and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Digital Oilfield Technology companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Digital Oilfield Technology Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Digital Oilfield Technology Market Segment Percentages, by Type, 2021 (%)

• Product optimization
• Reservoir optimization
• Drilling optimization
• Others

Global Digital Oilfield Technology Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Digital Oilfield Technology Market Segment Percentages, by Application, 2021 (%)

• Instrumentation & Automation
• IT Expenditure

Global Digital Oilfield Technology Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Digital Oilfield Technology Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:

• Key companies Digital Oilfield Technology revenues in global market, 2017-2022 (estimated), ($ millions)
• Key companies Digital Oilfield Technology revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Schlumberge
• Halliburton Company
• GE(Baker Hughes)
• National Oilwell Varco
• Weatherford International
• Siemens
• Honeywell International
• Kongsberg Gruppen ASA
• Emerson Electric
• Petrolink International