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Digital Oilfield Market to Register Swift Growth Driven by Rapid Technological Advancements Coupled with Collaborative Ecosystems and Partnerships bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.
Digital Oilfield Market to Witness Comprehensive Growth by 2030 einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
Share: The global digital oilfield market size is projected to reach a size of USD 28.5 billion by 2025, at a CAGR of 7.1%, from an estimated USD 20.2 billion in 2020. The global Digital Oilfield Market size is projected to reach USD 28.5 billion by 2025 from an estimated value of USD 20.2 billion in 2020, at a CAGR of 7.1% from 2020 to 2025. New technological advancements in the digital oilfield, increased return on investment in the digital oilfield, and increased need from oil & gas operators to scale up production from mature wells are the key factors driving the digital oilfield market. The production optimization segment is expected to be the largest segment of the digital oil field market, by process, from 2020 to 2025. Employing real-time techniques for production optimization increases the recovery of oil and reduces the non-productive time. The ongoing market dynamics, where there has been a constant fluctuation in the oil prices, requires focusing on reducin ....
Digital Oilfield Market Review By Comprehensive Study, Development Status, Opportunities and Future Plans Forecast to 2027, Fortune Business Insights menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
iCrowdNewswire Feb 16, 2021 10:55 AM ET Astute Analytica published a new report deciphering the Global Digital Oilfield Market, the report provides detailed analysis and meaningful insights of important aspects required to shape the growth of the market. It unmasked the prominent growth drivers, restraint factors, challenges, opportunity analysis, and trends, along with other indispensable factors including the geographical outlook, current and prospective scenario of competitive landscape and market vendors. The report also contains a detailed analysis of market size and segmentation along with determinants representing the dominating segments. The global Digital Oilfield market is expected to reach at a remarkable value and to grow at a considerable CAGR over the forecast period i.e. 2021-2027. In the past years, the market has shown a significant growth rate and is projected to display a profitable growth in the upcoming years. The report offers a thorough anal ....