NA Digital Oilfield Market - Industry Trends and Forecast to 2029
North America digital oilfield market is projected to register a CAGR of 7.6% in the forecast period of 2022 to 2029. The new market report contains data for the historic year 2020, the base year of calculation is 2021, and the forecast period is 2022 to 2029
Market Segmentation
North America Digital Oilfield Market, By Offering (Software, Hardware, and Services), Process (Production Optimization, Reservoir Optimization, Drilling Optimization, Safety Management, and Others), Technology (IoT & Mobile Devices, AI & Advance Analytics, Cloud Computing, Robotics, and Others), Application (On-Shore and Off-Shore), Country (U.S., Canada, and Mexico) Industry Trends and Forecast to 2029
Some of the major factors contributing to the North America digital oilfield market are:
• Rise in demand for well intervention services and operational digital oilfield solutions
• Increase in exploration operations in uncharted offshore/ultra-deep-waters
Market Players
Some key market players in the North America digital oilfield market are listed below:
• Baker Hughes Company
• IBM Corporation
• Microsoft
• Rockwell Automation, Inc.
• Halliburton Energy Services, Inc.
• CGG
• Schlumberger Limited
• Redline Communications
• Osperity
• Emerson Electric Co.
• Siemens AG.
• ABB
• Honeywell International Inc.
• NOV Inc.
• Petrolink.
• Weatherford
• Katalyst Data Management
• Digi International Inc.
• Kongsberg Digital (a subsidiary of KONGSBERG)
• OleumTech
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- 1 Introduction
- 1.1 Objectives Of The Study
- 1.2 Market Definition
- 1.3 Overview Of The North America Digital Oilfield Market
- 1.4 Currency And Pricing
- 1.5 Limitations
- 1.6 Markets Covered
- 2 Market Segmentation
- 2.1 Markets Covered
- 2.2 Years Considered For The Study
- 2.3 Geographic Scope
- 2.4 Dbmr Tripod Data Validation Model
- 2.5 Primary Interviews With Key Opinion Leaders
- 2.6 Dbmr Market Position Grid
- 2.7 Vendor Share Analysis
- 2.8 Multivariate Modelling
- 2.9 Component Curve
- 2.10 Market Application Coverage Grid
- 2.11 Secondary Sources
- 2.12 Assumptions
- 3 Executive Summary
- 4 Premium Insights
- 4.1 Porter’s Five Forces
- 4.2 Pestel Analysis
- 4.3 Technological Advancement By Manufacturers
- 4.4 Production Consumption Analysis
- 4.5 Price Trend Analysis
- 4.6 List Of Buyers
- 4.7 Vendor Selection Criteria
- 4.8 Regulations And Standards Coverage
- 4.9 Supply Chain Analysis
- 4.9.1 Overview
- 4.9.2 Logistic Cost Scenario
- 4.9.3 Importance Of Logistics Service Providers
- 4.10 Climate Change Scenario
- 4.10.1 Environmental Concerns
- 4.10.2 Industry Response
- 4.10.3 Government's Role
- 4.10.4 Analyst Recommendations
- 5 Market Overview
- 5.1 Drivers
- 5.1.1 Advent Of Digitization In The Oil And Gas Sector Across The Region
- 5.1.2 Rising Penetration Of Emerging Technologies Such As Artificial Intelligence (Ai) And Iot
- 5.1.3 Growing Adoption Of Mobile And Satellite Communication/ Connectivity
- 5.1.4 Growing Initiatives By Companies To Minimize Carbon Footprint
- 5.2 Restraint
- 5.2.1 Increase In Cyber Security Threats Due To Digital Initiatives
- 5.3 Opportunities
- 5.3.1 Rise In Demand For Well Intervention Services And Operational Digital Oilfield Solutions
- 5.3.2 Increase In Exploration Operations In Uncharted Offshore/Ultra-deep-waters
- 5.3.3 Rise Of Immersive Technology And Cloud-based Digital Oilfields Solution
- 5.4 Challenges
- 5.4.1 Interoperability Of Multiple System Components From Different Solution Providers
- 5.4.2 Trade Barriers, Low Production, And Restrictions In Logistics
- 6 North America Digital Oilfield Market, By Offering
- 6.1 Overview
- 6.2 Software
- 6.2.1 Hosted
- 6.2.2 On-premise
- 6.3 Services
- 6.4 Hardware
- 6.4.1 Distributed Control Systems
- 6.4.2 Supervisory Control And Data Acquisition
- 6.4.3 Computer Equipment And Application Hardware
- 6.4.4 Smart-wells
- 6.4.5 Wireless Sensors
- 6.4.6 Process Automation
- 6.4.7 Safety Systems
- 6.4.8 Others
- 7 North America Digital Oilfield Market, By Process
- 7.1 Overview
- 7.2 Production Optimization
- 7.3 Reservoir Optimization
- 7.4 Drilling Optimization
- 7.5 Safety Management
- 7.6 Others
- 8 North America Digital Oilfield Market, By Technology
- 8.1 Overview
- 8.2 Iot & Mobile Devices
- 8.3 Ai & Advance Analytics
- 8.4 Cloud Computing
- 8.5 Robotics
- 8.6 Others
- 9 North America Digital Oilfield Market, By Application
- 9.1 Overview
- 9.2 On-shore
- 9.3 Off-shore
- 10 North America Digital Oilfield Market, By Region
- 10.1 North America
- 10.1.1 U.S.
- 10.1.2 Canada
- 10.1.3 Mexico
- 11 North America Digital Oilfield Market, Company Landscape
- 11.1 Company Share Analysis: North America
- 12 Swot Analysis
- 13 Company Profile
- 13.1 Baker Hughes Company
- 13.1.1 Company Snapshot
- 13.1.2 Revenue Analysis
- 13.1.3 Company Share Analysis
- 13.1.4 Solution Portfolio
- 13.1.5 Recent Developments
- 13.2 Ibm Corporation
- 13.2.1 Company Snapshot
- 13.2.2 Revenue Analysis
- 13.2.3 Company Share Analysis
- 13.2.4 Solution Portfolio
- 13.2.5 Recent Developments
- 13.3 Microsoft
- 13.3.1 Company Snapshot
- 13.3.2 Revenue Analysis
- 13.3.3 Company Share Analysis
- 13.3.4 Product Portfolio
- 13.3.5 Recent Developments
- 13.4 Cgg
- 13.4.1 Company Snapshot
- 13.4.2 Revenue Analysis
- 13.4.3 Company Share Analysis
- 13.4.4 Product Portfolio
- 13.4.5 Recent Developments
- 13.5 Halliburton Energy Services, Inc.
- 13.5.1 Company Snapshot
- 13.5.2 Revenue Analysis
- 13.5.3 Company Share Analysis
- 13.5.4 Products Portfolio
- 13.5.5 Recent Developments
- 13.6 Abb
- 13.6.1 Company Snapshot
- 13.6.2 Revenue Analysis
- 13.6.3 Solutions Portfolio
- 13.6.4 Recent Developments
- 13.7 Digi International Inc.
- 13.7.1 Company Snapshot
- 13.7.2 Revenue Analysis
- 13.7.3 Product Portfolio
- 13.7.4 Recent Development
- 13.8 Emerson Electric Co.
- 13.8.1 Company Snapshot
- 13.8.2 Revenue Analysis
- 13.8.3 Solution Portfolio
- 13.8.4 Recent Development
- 13.9 Honeywell International Inc.
- 13.9.1 Company Snapshot
- 13.9.2 Revenue Analysis
- 13.9.3 Products Portfolio
- 13.9.4 Recent Developments
- 13.10 Katalyst Data Management
- 13.10.1 Company Snapshot
- 13.10.2 Product Portfolio
- 13.10.3 Recent Developments
- 13.11 Kongsberg Digital (A Subsidiary Of Kongsberg)
- 13.11.1 Company Snapshot
- 13.11.2 Revenue Analysis
- 13.11.3 Products Portfolio
- 13.11.4 Recent Developments
- 13.12 Nov Inc.
- 13.12.1 Company Snapshot
- 13.12.2 Revenue Analysis
- 13.12.3 Products Portfolio
- 13.12.4 Recent Developments
- 13.13 Oleumtech
- 13.13.1 Company Snapshot
- 13.13.2 Solution Portfolio
- 13.13.3 Recent Development
- 13.14 Osperity
- 13.14.1 Company Snapshot
- 13.14.2 Solution Portfolio
- 13.14.3 Recent Development
- 13.15 Petrolink.
- 13.15.1 Company Snapshot
- 13.15.2 Technology Portfolio
- 13.15.3 Recent Development
- 13.16 Redline Communications
- 13.16.1 Company Snapshot
- 13.16.2 Revenue Analysis
- 13.16.3 Service Portfolio
- 13.16.4 Recent Developments
- 13.17 Rockwell Automation, Inc.
- 13.17.1 Company Snapshot
- 13.17.2 Revenue Analysis
- 13.17.3 Solution Portfolio
- 13.17.4 Recent Developments
- 13.18 Schlumberger Limited
- 13.18.1 Company Snapshot
- 13.18.2 Revenue Analysis
- 13.18.3 Products Portfolio
- 13.18.4 Recent Developments
- 13.19 Siemens Ag.
- 13.19.1 Company Snapshot
- 13.19.2 Revenue Analysis
- 13.19.3 Solution Portfolio
- 13.19.4 Recent Developments
- 13.20 Weatherford
- 13.20.1 Company Snapshot
- 13.20.2 Revenue Analysis
- 13.20.3 Product Portfolio
- 13.20.4 Recent Developments
- 14 Questionnaire
- 15 Related Reports 138
- List Of Tables
- Table 1 North America Digital Oilfield Market, By Offering, 2020-2029 (Usd Million)
- Table 2 North America Software In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 3 North America Software In Digital Oilfield Market, By Deployment Mode, 2020-2029 (Usd Million)
- Table 4 North America Services In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 5 North America Hardware In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 6 North America Hardware In Digital Oilfield Market, By Deployment Mode, 2020-2029 (Usd Million)
- Table 7 North America Digital Oilfield Market, By Process, 2020-2029 (Usd Million)
- Table 8 North America Production Optimization In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 9 North America Reservoir Optimization In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 10 North America Drilling Optimization In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 11 North America Safety Management In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 12 North America Others In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 13 North America Digital Oilfield Market, By Technology, 2020-2029 (Usd Million)
- Table 14 North America Iot & Mobile Devices In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 15 North America Ai & Advance Analytics In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 16 North America Cloud Computing In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 17 North America Robotics In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 18 North America Others In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 19 North America Digital Oilfield Market, By Application 2020-2029 (Usd Million)
- Table 20 North America On-shore In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 21 North America Off-shore In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 22 North America Digital Oilfield Market, By Country, 2020-2029 (Usd Million)
- Table 23 North America Digital Oilfield Market, By Offering, 2020-2029 (Usd Million)
- Table 24 North America Software In Digital Oilfield Market, By Deployment Mode, 2020-2029 (Usd Million)
- Table 25 North America Hardware In Digital Oilfield Market, By Type, 2020-2029 (Usd Million)
- Table 26 North America Digital Oilfield Market, By Process, 2020-2029 (Usd Million)
- Table 27 North America Digital Oilfield Market, By Technology, 2020-2029 (Usd Million)
- Table 28 North America Digital Oilfield Market, By Application, 2020-2029 (Usd Million)
- Table 29 U.S. Digital Oilfield Market, By Offering, 2020-2029 (Usd Million)
- Table 30 U.S. Software In Digital Oilfield Market, By Deployment Mode, 2020-2029 (Usd Million)
- Table 31 U.S. Hardware In Digital Oilfield Market, By Type, 2020-2029 (Usd Million)
- Table 32 U.S. Digital Oilfield Market, By Process, 2020-2029 (Usd Million)
- Table 33 U.S. Digital Oilfield Market, By Technology, 2020-2029 (Usd Million)
- Table 34 U.S. Digital Oilfield Market, By Application, 2020-2029 (Usd Million)
- Table 35 Canada Digital Oilfield Market, By Offering, 2020-2029 (Usd Million)
- Table 36 Canada Software In Digital Oilfield Market, By Deployment Mode, 2020-2029 (Usd Million)
- Table 37 Canada Hardware In Digital Oilfield Market, By Type, 2020-2029 (Usd Million)
- Table 38 Canada Digital Oilfield Market, By Process, 2020-2029 (Usd Million)
- Table 39 Canada Digital Oilfield Market, By Technology, 2020-2029 (Usd Million)
- Table 40 Canada Digital Oilfield Market, By Application, 2020-2029 (Usd Million)
- Table 41 Mexico Digital Oilfield Market, By Offering, 2020-2029 (Usd Million)
- Table 42 Mexico Software In Digital Oilfield Market, By Deployment Mode, 2020-2029 (Usd Million)
- Table 43 Mexico Hardware In Digital Oilfield Market, By Type, 2020-2029 (Usd Million)
- Table 44 Mexico Digital Oilfield Market, By Process, 2020-2029 (Usd Million)
- Table 45 Mexico Digital Oilfield Market, By Technology, 2020-2029 (Usd Million)
- Table 46 Mexico Digital Oilfield Market, By Application, 2020-2029 (Usd Million) 87
- List Of Figures
- Figure 1 North America Digital Oilfield Market: Segmentation
- Figure 2 North America Digital Oilfield Market: Data Triangulation
- Figure 3 North America Digital Oilfield Market: Droc Analysis
- Figure 4 North America Digital Oilfield Market: North America Vs Regional Market Analysis
- Figure 5 North America Digital Oilfield Market: Company Research Analysis
- Figure 6 North America Digital Oilfield Market: Interview Demographics
- Figure 7 North America Digital Oilfield Market: Dbmr Market Position Grid
- Figure 8 North America Digital Oilfield Market: Vendor Share Analysis
- Figure 9 North America Digital Oilfield Market: Market Application Coverage Grid
- Figure 10 North America Digital Oilfield Market: Segmentation
- Figure 11 Rising Penetration Of Emerging Technologies Such As Artificial Intelligence (Ai) And Iot Is Expected To Be Key Drivers For The North America Digital Oilfield Market In The Forecast Period
- Figure 12 Software Segment Is Expected To Account For The Largest Share Of The North America Digital Oilfield Market From 2022 To 2029
- Figure 13 Drivers, Restraints, Opportunities, And Challenges Of The North America Digital Oilfield Market
- Figure 14 Increasing Number Of Research And Patent Filling In The Last Few Years
- Figure 15 Estimated Investments In Digital Technologies In The Oil And Gas Industry (%) (2021-2025)
- Figure 16 North America Oil Consumption In Exajoule (Ej) From The Year 2000 To 2021:
- Figure 17 North America Digital Oilfield Market: By Product, 2021
- Figure 18 North America Digital Oilfield Market : By Process, 2021
- Figure 19 North America Digital Oilfield Market : By Technology, 2021
- Figure 20 North America Digital Oilfield Market : By Application, 2021
- Figure 21 North America Digital Oilfield Market: Snapshot (2021)
- Figure 22 North America Digital Oilfield Market: By Country (2021)
- Figure 23 North America Digital Oilfield Market: By Country (2022 & 2029)
- Figure 24 North America Digital Oilfield Market: By Country (2021 & 2029)
- Figure 25 North America Digital Oilfield Market: By Offering (2022-2029)
- Figure 26 North America Digital Oilfield Market: Company Share 2021 (%) 88
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