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Shibuya-ku, Tokyo, Japan, Japan, Aug 18, 2022, 12:56 /Comserve / -- Middle East & Africa Digital Oilfield Market With Top Countries Data, Industry Analysis , Size, Share, Revenue, Prominent Players, Developing Technologies, Tendencies and Forecast
'A research report on Middle East & Africa Digital Oilfield Market was added by SDKI in its database which discusses the product as well as the scope of its market in detail. The report provides the business clients with an in-depth overview of the market, giving an analysis of the market trends, market size, market value and market growth over the forecast period on a compound as well as on a yearly basis. Further, the market study gives an overview of the industry on the basis of several factors such as the geographical extent, market segmentation, growth drivers and challenges prevalent in the market.
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Middle East and Africa digital oilfield market is projected to cross $2 billion by 2022. The region is home to many oil & gas producing countries and the economic growth in these countries is dependent on export revenues derived from trade of hydrocarbons. In order to increase share of the Middle East & Africa in global oil & gas trade, national oil companies and global oil major operating in the MEA are shifting focus towards operations optimization and improved work collaboration to cut costs and improve field recovery rates. This is predicted to fuel demand for digital oilfield solutions in the region during the forecast period.
Objective of the Study:
• The primary objective of the study is to understand and gain insights about the Middle East & Africa digital oilfield market and its segmental analysis by process and by solution, country share and forecast its market through 2022.
• To categorize and forecast Middle East & Africa digital oilfield market by process type such as drilling optimization, production optimization, reservoir optimization, & others.
• To estimate, calculate and forecast market size for Middle East & Africa digital oilfield market by solution: Instrumentation & Automation and IT Services, in terms of value.
• To examine competitive development, such as digital oilfield contracts in the Middle East & Africa digital oilfield market.
• To strategically profile the leading manufacturers, distributors and importers in the market, which cater to the Middle East & Africa digital oilfield market.
Few of the leading players in the Middle East & Africa digital oilfield market include Schlumberger Limited, Halliburton, Baker Hughes Incorporated, Honeywell International Inc, Sinopec Oilfield Service Corporation, Weatherford International plc, International Business Machines (IBM) Corporation and Accenture PLC.
SDKI carried out the Middle East & Africa digital oilfield market study by considering various aspects of the market. In the beginning, a brief study of the Middle East & Africa digital oilfield market was conducted to understand each aspect of the market such as drivers, challenges, market trends and various other major factors affecting the market. Moreover, an in-depth analysis was conducted to understand the Middle East & Africa digital oilfield market scenario and to gauge the competitive scenario. Afterwards, a detailed scrutiny of by process, by solution, and by country markets for Middle East & Africa digital oilfield market was conducted. In order to extract data for Middle East & Africa digital oilfield market, primary research surveys were conducted with key opinion leaders, digital oilfield solutions providers, digital oilfield software & service vendors, distributors, and channel partners to understand historical and present trends.
Considering the assumptions, SDKI dedicated team of industry experts has comprehensively monitored and analysed various aspects of the Middle East & Africa digital oilfield market. SDKI team has analysed various segments and speculated a positive future for the Middle East & Africa digital oilfield market and subsequent countries. Moreover, various secondary sources were utilized for preparing this report such as directories, databases such as company annual reports, financial reports, proprietary databases, among others.
Key Target Audience:
• Digital oilfield service providers, IT companies, network & electronic hardware manufacturers, communication service providers, automation solution providers, resellers and channel partners, EPC contractors and sub-contractors
• Customers (national oil companies, oil & gas multinationals)
• Research organizations and consulting companies
• Associations, organizations, forums and alliances related to digital oilfield technologies
• Government bodies such as regulating authorities and policy makers
The study is useful in providing answers to past, current and future adoption of digital oilfield technologies and solutions in the Middle East & Africa digital oilfield market. This study helps in analysing specific country adoption trend of digital oilfield solutions, which are useful for industry stakeholders such as oilfield service providers, IT companies, network & electronic hardware manufacturers, communication service providers, automation solution providers, resellers and channel partners, EPC contractors and sub-contractors, regulatory bodies, and customers (national oil companies, oil & gas multinationals).
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Table of Content 1. Product Overview
Research Methodology Analyst View Global Digital Oilfield Market Outlook
4.1. Market Size & Forecast
4.1.1. By Value Middle East & Africa Digital Oilfield Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Process (Drilling Optimization, Production Optimization, Reservoir Optimization & Others)
5.2.2. By Solution (Instrumentation & Automation and IT Services)
5.3. By Country
5.3.1. Saudi Arabia Digital Oilfield Market Outlook
5.3.1.1. Market Size & Forecast
5.3.1.1.1. By Value
5.3.1.2. Market Share & Forecast
5.3.1.2.1. By Process & Solution
5.3.2. Iran Digital Oilfield Market Outlook
5.3.2.1. Market Size & Forecast
5.3.2.1.1. By Value
5.3.2.2. Market Share & Forecast
5.3.2.2.1. By Process & Solution
5.3.3. UAE Digital Oilfield Market Outlook
5.3.3.1. Market Size & Forecast
5.3.3.1.1. By Value
5.3.3.2. Market Share & Forecast
5.3.3.2.1. By Process & Solution
5.3.4. Algeria Digital Oilfield Market Outlook
5.3.4.1. Market Size & Forecast
5.3.4.1.1. By Value
5.3.4.2. Market Share & Forecast
5.3.4.2.1. By Process & Solution
5.3.5. Kuwait Digital Oilfield Market Outlook
5.3.5.1. Market Size & Forecast
5.3.5.1.1. By Value
5.3.5.2. Market Share & Forecast
5.3.5.2.1. By Process & Solution Market Dynamics
6.1. Drivers
6.2. Challenges Market Trends & Developments
7.1. Growing Investments in Offshore Exploration & Production
7.2. Increasing Partnerships and Joint Ventures
7.3. Continuous Consolidation of Global Digital Oilfield Industry
7.4. Rising Production from Offshore Fields
7.5. Revenue Generation through Aftermarket Services
7.6. Surging Investments in Research & Development
7.7. Downturn in Oil & Gas Industry
7.8. Implementation of Stringent Regulations for Offshore E&P Activities Competitive Landscape
8.1. Competition Matrix
8.2. Company Profiles
8.2.1. Schlumberger Limited
8.2.2. Halliburton
8.2.3. Baker Hughes Incorporated
8.2.4. Honeywell International Inc
8.2.5. Sinopec Oilfield Service Corporation
8.2.6. Weatherford International plc
8.2.7. International Business Machines (IBM) Corporation
8.2.8. Accenture PLC
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