디지털 유전 솔루션 시장 : 제공별, 공정별, 기술별, 용도별, 지역별 - 세계 예측(-2030년)

Digital Oilfield Solutions Market by Offering (Hardware, Software, Services), Process (Production Optimization, Drilling Optimization, Others), Technology (IoT, AI, Others), Application (Onshore, Offshore), and Geography-Global Forecast to 2031.

The research report titled 'Digital Oilfield Solutions Market by Offering (Hardware, Software, Services), Process (Production Optimization, Drilling Optimization, Others), Technology (IoT, AI, Others), Application (Onshore, Offshore), and Geography-Global Forecast to 2031, provides an in-depth analysis of the digital oilfield market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2031. The digital oilfield is projected to reach $50.2 billion by 2031, at a CAGR of 9.1% from 2024 to 2031.

The growth of this market is driven by the growing need of oil & gas companies to increase production from mature oilfields and technological advancements in the oil & gas industry. However, the long data retrieval and analysis time and the scarcity of quality information hamper decision-making processes, restraining the growth of this market. In addition, the growing demand for offshore/ultra-deepwater discoveries is expected to create market growth opportunities. The Interoperability of multiple system components from different solution providers and high safety and security concerns pose a challenge to the market growth.

The digital oilfield solutions market is segmented by offering (hardware, software, services), process (production optimization, drilling optimization, reservoir optimization, safety management, and other processes), technology (IoT, artificial intelligence, big data analytics, cloud computing, cybersecurity, blockchain, and other technologies), application (onshore, offshore), and geography. The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Based on offering, the digital oilfield solutions market is segmented into hardware, software, and services. In 2024, the software segment is expected to account for the largest share of the digital oilfield solutions market. The segment's large share is attributed to the rising need to streamline processes by oil & gas companies to increase productivity, ensure shorter response and intervention times, increase cost savings, improve operational safety and asset integrity, and ensure sustainable resource treatment.

However, the hardware segment is expected to record the highest CAGR during the forecast period. The growth of this segment is driven by rising digitization in the oil & gas industry and significant research & development activities to build advanced hardware and solutions such as Supervisory Control and Data Acquisition (SCADA) and Distributed Control Systems (DCS).

Based on process, the digital oilfield solutions market is segmented into production optimization, drilling optimization, reservoir optimization, safety management, and other processes. In 2024, the production optimization segment is expected to account for the largest share of the digital oilfield solutions market. Production optimization includes maintaining well integrity, efficient designing of surface facilities, removal of near-wellbore damage, sand control management, and other activities aimed at maximizing yield. Globally, unplanned outages caused by damage or failure can result in production lags of thousands of barrels of oil per day. According to IBM Corporation (U.S.), an average offshore oil & gas company experiences about 27 days of unplanned downtime a year, which can lead to annual losses from $38 million to $88 million. To counter this, oil & gas companies are focusing on optimizing production processes, contributing to the segment's large market share.

However, the reservoir optimization segment is expected to record the highest CAGR during the forecast period. The high growth of this segment is driven by the need for oil & gas companies to assess normal as well as complex reservoirs with higher accuracy.

Based on technology, the digital oilfield solutions market is segmented into IoT, artificial intelligence, big data analytics, cloud computing, cybersecurity, blockchain, and other technologies. In 2024, the IoT segment is expected to account for the largest share of the digital oilfield solutions market. The segment's large share is attributed to the rising need to optimize production and consumption processes, reduce wastage, enhance efficiency, gain real-time visibility into operations, enable predictive maintenance, and improve hazard management.

However, the big data analytics segment is expected to record the highest CAGR during the forecast period. The growth of this segment is driven by the rising need of downstream energy businesses to streamline operations, improve efficiency, minimize risks, and reduce downtime and maintenance costs of refining equipment.

Oil & gas companies face the challenge of obtaining insights from an enormous amount of data to make better, more informed decisions. To innovate exploration and production, they need to make sense of operational data from the plant floor, supply chains, and connected products. By applying advanced analytics, oil & gas companies can identify trends and predict events throughout processes to quickly respond to disruptions and improve efficiencies.

Based on application, the digital oilfield solutions market is segmented into onshore and offshore. In 2024, the onshore segment is expected to account for the larger share of the digital oilfield solutions market, mainly due to the accessibility of large-capacity reservoirs on land in conventional and unconventional reserves. Additionally, discoveries of oil, gas, and shale reserves and production from mature wells are expected to drive the growth of this segment.

However, the offshore segment is expected to record the highest CAGR during the forecast period. The high growth of this segment is driven by growing investments in subsea oil & gas assets and the increasing need to handle multiple types of equipment, which are very risky and challenging to operate manually. Various oilfield service providers are investing in offshore assets to increase well productivity and reservoir performance, which is expected to drive the growth of this segment.

Based on geography, the digital oilfield solutions market is segmented into North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa. In 2024, North America is expected to account for the largest share of the digital oilfield solutions market. The region has some of the largest petroleum reserves in the world, which enables companies to use digitalization techniques to enhance production efficiency. The oil & gas industry in this region is growing; hence, many mature oilfields are expected to become digitalized over the coming years, driving the growth of this market.

However, Asia-Pacific is slated to register the highest CAGR during the forecast period. The growth of this regional market is driven by the advent of digitization in the oil & gas sector across the region, increasing penetration of emerging technologies such as artificial intelligence (AI) and IoT, rising investments in Industry 4.0, and increasing exploration operations in uncharted offshore/ultra-deep waters.

Key Players:

The key players operating in the digital oilfield solutions market are Schlumberger (U.S.), Halliburton (U.S.), Rockwell Automation (U.S.), NOV Inc. (U.S.), ABB Ltd. (Switzerland), Siemens (Germany), Schneider Electric (France), Baker Hughes Company (U.S.), Weatherford (U.S.), Infosys Limited (India), Emerson Electric Co. (U.S.), Honeywell International Inc. (U.S.), IBM Corporation (U.S.), Intel Corporation (U.S.), Microsoft Corporation (U.S.), and KONGSBERG (Norway).

Key Questions Answered in the Report:

• Which are the high-growth market segments based on offering, process, technology, and application?
• What was the historical market size for digital oilfield solutions?
• What are the market forecasts and estimates for the period 2024-2031?
• What are the major drivers, restraints, and opportunities in the digital oilfield solutions market?
• Who are the major players, and what shares do they hold in the digital oilfield solutions market?
• How is the competitive landscape in the digital oilfield solutions market?
• What are the recent developments in the digital oilfield solutions market?
• What are the different strategies adopted by major players in the digital oilfield solutions market?
• What are the key geographic trends, and which are the high-growth countries?
• Who are the local emerging players in the global digital oilfield solutions market, and how do they compete with the other players?

Scope of the Report:

Digital Oilfield Solutions Market Assessment-by Offering

• Hardware
• Software
• Services

Digital Oilfield Solutions Market Assessment-by Process

• Production Optimization
• Drilling Optimization
• Reservoir Optimization
• Safety Management
• Other Processes

Digital Oilfield Solutions Market Assessment-by Technology

• IoT
• Artificial Intelligence
• Big Data Analytics
• Cloud Computing
• Cybersecurity
• Blockchain
• Other Technologies

Digital Oilfield Solutions Market Assessment-by Application

• Onshore
• Offshore

Digital Oilfield Solutions Market Assessment-by Geography

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Switzerland
  • Netherlands
  • Rest of Europe
• Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia & New Zealand
  • Singapore
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • Israel
  • UAE
  • Rest of the Middle East & Africa

TABLE OF CONTENTS

1. Market Definition & Scope

• 1.1. Market Definition
• 1.2. Market Ecosystem
• 1.3. Currency & Limitations
  • 1.3.1. Currency
  • 1.3.2. Limitations
• 1.4. Key Stakeholders

2. Research Methodology

• 2.1. Research Approach
• 2.2. Data Collection and Validation
  • 2.2.1. Secondary Research
  • 2.2.2. Process of Data Collection and Validation
• 2.3. Market Sizing and Forecasting
  • 2.3.1. Market Size Estimation Approach
    • 2.3.1.1. Bottom-up Approach
    • 2.3.1.2. Top-down Approach
  • 2.3.2. Growth Forecast Approach
• 2.4. Assumptions for the Study

3. Executive Summary

• 3.1. Market Overview
• 3.2. Market Analysis, by Offering
• 3.3. Market Analysis, by Process
• 3.4. Market Analysis, by Technology
• 3.5. Market Analysis, by Application
• 3.6. Market Analysis, by Geography
• 3.7. Competitive Analysis

4. Market Insights

• 4.1. Introduction
• 4.2. Factors Affecting Market Growth
• 4.3. Trends
• 4.4. Case Studies

5. Global Digital Oilfield Solutions Market Assessment, by Offering

• 5.1. Overview
• 5.2. Hardware
• 5.3. Software
• 5.4. Services

6. Global Digital Oilfield Solutions Market Assessment, by Process

• 6.1. Overview
• 6.2. Production Optimization
• 6.3. Drilling Optimization
• 6.4. Reservoir Optimization
• 6.5. Safety Management
• 6.6. Other Processes

7. Global Digital Oilfield Solutions Market Assessment, by Technology

• 7.1. Overview
• 7.2. IoT
• 7.3. Artificial Intelligence
• 7.4. Big Data Analytics
• 7.5. Cloud Computing
• 7.6. Cybersecurity
• 7.7. Blockchain
• 7.8. Other Technologies

8. Global Digital Oilfield Solutions Market Assessment, by Application

• 8.1. Overview
• 8.2. Onshore
• 8.3. Offshore

9. Digital Oilfield Solutions Market Assessment, by Geography

• 9.1. Overview
• 9.2. North America
  • 9.2.1. U.S.
  • 9.2.2. Canada
• 9.3. Europe
  • 9.3.1. Germany
  • 9.3.2. U.K.
  • 9.3.3. France
  • 9.3.4. Italy
  • 9.3.5. Spain
  • 9.3.6. Switzerland
  • 9.3.7. Netherlands
  • 9.3.9. Rest of Europe
• 9.4. Asia-Pacific
  • 9.4.1. Japan
  • 9.4.2. China
  • 9.4.3. India
  • 9.4.4. South Korea
  • 9.4.5. Singapore
  • 9.4.6. Rest of Asia-Pacific
• 9.5. Latin America
  • 9.5.1. Brazil
  • 9.5.2. Mexico
  • 9.5.3. Rest of Latin America
• 9.6. Middle East & Africa
  • 9.6.1. Israel
  • 9.6.2. UAE
  • 9.6.3. Rest of the Middle East & Africa

10. Global Digital Oilfield Solutions Market - Competitive Analysis

• 10.1. Overview
• 10.2. Key Growth Strategies
  • 10.2.1. Market Differentiators
  • 10.2.2. Synergy Analysis: Major Deals & Strategic Alliances
• 10.3. Competitive Dashboard
  • 10.3.1. Industry Leaders
  • 10.3.2. Market differentiators
  • 10.3.3. Vanguards
  • 10.3.4. Contemporary Stalwarts
• 10.4. Vendor Market Positioning
• 10.5. Market Share Analysis

11. Company Profiles (Company Overview, Financial Overview, Product Portfolio, and Strategic Developments)

• 11.1. Schlumberger
• 11.2. Halliburton
• 11.3. Rockwell Automation
• 11.4. NOV Inc.
• 11.5. ABB Ltd.
• 11.6. Siemens
• 11.7. Schneider Electric
• 11.8. Baker Hughes Company
• 11.9. Weatherford
• 11.10. Infosys Limited
• 11.11. Emerson Electric Co.
• 11.12. Honeywell International Inc.
• 11.13. IBM Corporation
• 11.14. Intel Corporation
• 11.15. Microsoft Corporation
• 11.16. KONGSBERG

12. Appendix

• 12.1. Related Reports
• 12.2. Customization