(EnergyIndustry.Net, March 14, 2019 ) Digital Oilfield is the use of technology to manage & increase production, improving personnel safety, allowing for cost reduction, and improving efficiency in the oil and gas field. The main purpose of the digital oilfield is to abolish ineffective time, take full advantage of oilfield recovery and arrangement of cohesive workflows and profit maximization through the design. Due to the digital oilfield, the advanced information technology combines with the business process management.
Emerging exploration & production activities and increasing demand for cost reduction is a major growth driver for the global digital oilfield market. However, low adoption of digital technology and the volatility of oil prices are the restraining factors for the growth of the global digital oilfield market.
Top Companies profiled in this report includes, ELYNX TECHNOLOGIES, LLC., 3GIG, Micotan Software Company Ltd., NEOFIRMA, Neuralog, Inc., Paradigm Ltd., P2 Energy Solutions, SEE Forge creators of FAT FINGER Inc., PetroCloud, LLC and WellEz Information Management, LLC among others.
The "Global Digital Oilfield Market Analysis to 2025" is a specialized and in-depth study of the digital oilfield industry with a focus on the global market trend. The report aims to provide an overview of global digital oilfield market with detailed market segmentation by process, Component, application and geography. The global digital oilfield market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global digital oilfield market based on by process, component and application. It also provides market size and forecast till 2025 for overall digital oilfield market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
Also, key digital oilfield market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last three years, key development in past five years.
Reason to Buy: - Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Digital Oilfield Market - Highlights key business priorities in order to assist companies to realign their business strategies. - The key findings and recommendations highlight crucial progressive industry trends in the Digital Oilfield Market, thereby allowing players to develop effective long term strategies. - Develop/modify business expansion plans by using substantial growth offering developed and emerging markets. - Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it. - Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.