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Global Digital Oilfield Market 2017-2021

Global Digital Oilfield Market 2017-2021

About Digital Oilfield Market

Digital oilfields refer to the application of advanced software, hardware, and data analysis techniques to increase the exploration and production efficiency of oil and gas fields.

Technavio’s analysts forecast the global digital oilfield market to grow at a CAGR of 4.68% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global digital oilfield market for 2017-2021. To calculate the market size, the report covers the present scenario and the growth prospects of the global digital oilfield market for the period 2017-2021.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Digital Oilfield Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key vendors
  • Baker Hughes
  • Halliburton
  • Honeywell International
  • Schlumberger
  • Weatherford International
Other prominent vendors
  • ABB
  • Accenture
  • China National Petroleum Corporation
  • eLynx Technologies
  • Emerson Electric
  • Enbase Energy Technology
  • ExxonMobil
  • GlobaLogix
  • Kongsberg Gruppen
  • MicroSeismic
  • Moxa
  • Paradigm
  • Pason Systems
  • Petrolink
  • Redline Communications
  • Rockwell Automation
  • Schneider Electric
  • Shell
  • Siemens
  • Sinopec
Market driver
  • Migration of drilling into unconventional areas
  • For a full, detailed list, view our report
Market challenge
  • Cyber security concerns
  • For a full, detailed list, view our report
Market trend
  • Growth of unconventional resources
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Different stages in a typical petroleum value chain
      • Table Different stages of oil and gas upstream activities
      • Table Digital oilfield overview
      • Table Overview of digital oilfield technologies
  • Market landscape
    • Market overview
      • Table Global digital oilfield market
    • Market size and forecast
      • Table Global digital oilfield market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by technology and services
    • Global digital oilfield market by technology and services
      • Table Global digital oilfield market by technology and services 2016 and 2021 (%)
      • Table Global digital oilfield market by technology and services 2016-2021 ($ billions)
    • Global digital oilfield market by services
      • Table Global digital oilfield market by services 2016-2021 ($ billions)
    • Global digital oilfield market by software
      • Table Global digital oilfield market by software ($ billions)
    • Global digital oilfield market by hardware
      • Table Global digital oilfield market by hardware 2016-2021 ($ billions)
  • Geographical segmentation
    • Global digital oilfield market by geography
      • Table Global digital oilfield market by geography 2016 and 2021 (%)
      • Table Global digital oilfield market by geography 2016-2021 ($ billions)
    • Digital oilfield market in the Americas
      • Table Digital oilfield market in the Americas 2016-2021 ($ billions)
    • Digital oilfield market in EMEA
      • Table Digital oilfield market in EMEA 2016-2021 ($ billions)
    • Digital oilfield market in APAC
      • Table Digital oilfield market in APAC 2016-2021 ($ billions)
  • Market drivers
    • Migration of drilling into unconventional areas
      • Table Shifting base of hydrocarbon exploration
    • Constant demand for oil and gas
      • Table Global oil production 2010-2015 (KBPD)
    • Reduction in production costs
    • Increase in E&P activities post seismic survey implementation
      • Table Historical trend of E&P activities after implementation of seismic surveys 1993-2001
    • Demand for real-time information
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Cyber security concerns
    • Decreasing oil rig counts
      • Table Global rig count 2014-2015 (unit)
    • Focus on reduction of NPT
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Growth of unconventional resources
    • Development of 4D seismic survey technology
      • Table Evolution of seismic survey techniques 1968-2013
    • Growing use of big data analytics and IoT
    • Seismic integration to reduce exploration risk
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Baker Hughes
      • Table Baker Hughes: Business segmentation 2015
      • Table Bake Hughes: Geographical segmentation 2015
    • Halliburton
      • Table Halliburton: Business segmentation 2015
    • Honeywell International
      • Table Honeywell International: Business segmentation 2015
      • Table Honeywell International: Geographical segmentation 2015
    • Schlumberger
      • Table Schlumberger: Business segmentation 2015
      • Table Schlumberger: Geographical segmentation 2015
    • Weatherford International
      • Table Weatherford International: Business segmentation 2015
  • Appendix
    • List of abbreviations
  • Explore Technavio

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