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LAMEA AI in Oil and Gas Market Size, Share & Industry Trends Analysis Report By Operation (Upstream, Midstream and Downstream), By Component (Solution and Services), By Country and Growth Forecast, 2022 - 2028

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    Report

  • 106 Pages
  • August 2022
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5659120
The Latin America, Middle East and Africa AI in Oil and Gas Market is expected to witness market growth of 19.6% CAGR during the forecast period (2022-2028).

While seismic pictures offer information on reservoir structure and elastic characteristics at a large scale encompassing tens of kilometers and low resolution (down to tens of meters), well logging is utilized to obtain more accurate data about various physical parameters of the subsurface along a wellbore. Well, logging has a resolution of millimeters.

The sensors used in good logging can assess a variety of parameters, including electrical resistivity, neutron density, sensitivity to magnetic excitation, and natural gamma-ray intensity. Both green fields and producing reservoirs are appealing to AI-assisted tools. Numerous pumps can benefit from machine learning technologies to execute predictive maintenance and choose the best-operating regimes in terms of operational expenses vs. production.

Numerous pumps, such as electric submersible pumps, injection well pumps, hydraulic fracturing pumps, and other good treatment pumps, are fitted with a large number of sensors that measure pressures, temperatures, vibrations, flow rates, etc. There are numerous instances where a fully data-driven model or a hybrid model with elements of both physics- and data-driven math helps to optimize the regimes, prevent unforeseen failures, and save maintenance costs.

One of the top ten oil producers in the world is the United Arab Emirates. Approximately 96% of the nation's estimated 100 billion barrels of known oil reserves are situated in Abu Dhabi, which is ranked sixth in the world. A daily average of 3.2 million barrels of liquid and petroleum are produced in the UAE. The UAE economy continues to be heavily dependent on hydrocarbons, with 13% of exports and 30% of GDP coming directly from the oil and gas sector.

The Brazil market dominated the LAMEA AI in Oil and Gas Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $114.2 million by 2028.The Argentina market is experiencing a CAGR of 20.2% during (2022 - 2028). Additionally, The UAE market is expected to display a CAGR of 19.3% during (2022 - 2028).

Based on Operation, the market is segmented into Upstream, Midstream and Downstream. Based on Component, the market is segmented into Solution and Services. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, Oracle Corporation, Intel Corporation, IBM Corporation, Cisco Systems, Inc., Accenture PLC, NVIDIA Corporation, Cloudera, Inc., C3.ai, Inc. and FuGenX Technologies (USM Business Systems, Inc.).

Scope of the Study

Market Segments Covered in the Report:

By Operation
  • Upstream
  • Midstream
  • Downstream
By Component
  • Solution
  • Services
By Country
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Microsoft Corporation
  • Oracle Corporation
  • Intel Corporation
  • IBM Corporation
  • Cisco Systems, Inc.
  • Accenture PLC
  • NVIDIA Corporation
  • Cloudera, Inc.
  • C3.ai, Inc.
  • FuGenX Technologies (USM Business Systems, Inc.)

Unique Offerings from the Publisher

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA AI in Oil and Gas Market, by Operation
1.4.2 LAMEA AI in Oil and Gas Market, by Component
1.4.3 LAMEA AI in Oil and Gas Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2018, Jan - 2022, Jun) Leading Players
3.4.3 Key Strategic Move: (Acquisitions and Mergers : 2018, Dec - 2022, Aug) Leading Players
Chapter 4. LAMEA AI in Oil and Gas Market by Operation
4.1 LAMEA Upstream Market by Country
4.2 LAMEA Midstream Market by Country
4.3 LAMEA Downstream Market by Country
Chapter 5. LAMEA AI in Oil and Gas Market by Component
5.1 LAMEA Solution Market by Country
5.2 LAMEA Services Market by Country
Chapter 6. LAMEA AI in Oil and Gas Market by Country
6.1 Brazil AI in Oil and Gas Market
6.1.1 Brazil AI in Oil and Gas Market by Operation
6.1.2 Brazil AI in Oil and Gas Market by Component
6.2 Argentina AI in Oil and Gas Market
6.2.1 Argentina AI in Oil and Gas Market by Operation
6.2.2 Argentina AI in Oil and Gas Market by Component
6.3 UAE AI in Oil and Gas Market
6.3.1 UAE AI in Oil and Gas Market by Operation
6.3.2 UAE AI in Oil and Gas Market by Component
6.4 Saudi Arabia AI in Oil and Gas Market
6.4.1 Saudi Arabia AI in Oil and Gas Market by Operation
6.4.2 Saudi Arabia AI in Oil and Gas Market by Component
6.5 South Africa AI in Oil and Gas Market
6.5.1 South Africa AI in Oil and Gas Market by Operation
6.5.2 South Africa AI in Oil and Gas Market by Component
6.6 Nigeria AI in Oil and Gas Market
6.6.1 Nigeria AI in Oil and Gas Market by Operation
6.6.2 Nigeria AI in Oil and Gas Market by Component
6.7 Rest of LAMEA AI in Oil and Gas Market
6.7.1 Rest of LAMEA AI in Oil and Gas Market by Operation
6.7.2 Rest of LAMEA AI in Oil and Gas Market by Component
Chapter 7. Company Profiles
7.1 Microsoft Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Oracle Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 Intel Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Acquisition and Mergers:
7.3.5.2 Geographical Expansions:
7.3.6 SWOT Analysis
7.4 IBM Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional & Segmental Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Product Launches and Product Expansions:
7.4.5.3 Acquisition and Mergers:
7.4.6 SWOT Analysis
7.5 Cisco Systems, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Acquisition and Mergers:
7.5.6 SWOT Analysis
7.6 Accenture PLC
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Product Launches and Product Expansions:
7.6.5.3 Acquisition and Mergers:
7.6.6 SWOT Analysis
7.7 NVIDIA Corporation
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.5.2 Product Launches and Product Expansions:
7.7.6 SWOT Analysis
7.8 Cloudera, Inc.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.9 C3.ai, Inc.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 Recent strategies and developments:
7.9.5.1 Partnerships, Collaborations, and Agreements:
7.9.5.2 Acquisition, Joint Venture and Mergers:
7.10. FuGenX Technologies (USM Business Systems, Inc.)
7.10.1 Company Overview

Companies Mentioned

  • Microsoft Corporation
  • Oracle Corporation
  • Intel Corporation
  • IBM Corporation
  • Cisco Systems, Inc.
  • Accenture PLC
  • NVIDIA Corporation
  • Cloudera, Inc.
  • C3.ai, Inc.
  • FuGenX Technologies (USM Business Systems, Inc.)

Methodology

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