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The digital transformation market in the oil and gas industry is forecasted to grow by USD 68.64 bn during 2023-2028, accelerating at a CAGR of 16.73% during the forecast period. The report on the digital transformation market in the oil and gas industry provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rise in investments and partnerships, rising pressure to improve operational efficiency, and a growing need for advanced technologies in exploration activities.
The digital transformation market in the oil and gas industry is segmented as below:
By Technology
- IoT
- E and P software
- Big data
- Cloud computing
- Others
By Sector
- Downstream
- Upstream
- Midstream
By Geographical Landscape
- APAC
- North America
- Middle East and Africa
- Europe
- South America
The report on the digital transformation market in the oil and gas industry covers the following areas:
- Digital transformation market in the oil and gas industry sizing
- Digital transformation market in the oil and gas industry forecast
- Digital transformation market in the oil and gas industry industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Technology
7 Market Segmentation by Sector
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global digital transformation market in the oil and gas industry: Accenture Plc, Amazon.com Inc., Computer Modelling Group Ltd., General Electric Co., Halliburton Co., Informatica Inc., Intel Corp., International Business Machines Corp., Microsoft Corp., NVIDIA Corp., Oracle Corp., Rockwell Automation Inc., SAP SE, Siemens AG, Sierra Wireless Inc., Tata Consultancy Services Ltd., Teradata Corp., TIBCO Software Inc., AVEVA Group Plc, and Emerson Electric Co..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is use of digital twin technology.'
According to the report, one of the major drivers for this market is the rise in investments and partnerships.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accenture Plc
- Amazon.com Inc.
- Computer Modelling Group Ltd.
- General Electric Co.
- Halliburton Co.
- Informatica Inc.
- Intel Corp.
- International Business Machines Corp.
- Microsoft Corp.
- NVIDIA Corp.
- Oracle Corp.
- Rockwell Automation Inc.
- SAP SE
- Siemens AG
- Sierra Wireless Inc.
- Tata Consultancy Services Ltd.
- Teradata Corp.
- TIBCO Software Inc.
- AVEVA Group Plc
- Emerson Electric Co.
