The Digital Oil Field software applications replicate the behaviour of an oil or gas field on a computer, using workflows for automation and clusters to speed up calculations.
Lower oil prices scenario is expected to drive the digital oilfield services market during the forecast period.
In 2017, the global Digital Oilfield Services market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
The key players covered in this study
Market segment by Type, the product can be split into
Market segment by Application, split into
Oil exploration companies
Oil production companies
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Digital Oilfield Services status, future forecast, growth opportunity, key market and key players.
To present the Digital Oilfield Services development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Digital Oilfield Services are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.