Artificial Intelligence in Oil and Gas Market Size, Industry Outlook, Growth Factors and Forecast Till 2029


Posted April 12, 2024 by anushabyahatti

Artificial Intelligence in Oil and Gas Market size was US$ 2.71 Bn in 2022 and is expected to reach US$ 5.28 Bn by 2029, at a CAGR of 10.02% during the forecast period.

 
Market Overview:

For the global industry's Artificial Intelligence in Oil and Gas market analysis, a research team did thorough primary and secondary research. Secondary research was carried out to enhance the existing data, segment the market, estimate overall market size, predict the market size and growth rate.

Market Scope:

Several methods for determining market value and market growth rate have been developed. Maximize research crew gathered market information and data from a variety of sources to present a more accurate regional view. The country-level analysis of the study is based on an examination of numerous regional stakeholders, regional tax laws and policies, consumer behavior and macroeconomic data.

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Segmentation:

by Function

Upstream
Downstream
Midstream

by Type

Hardware
Software
Hybrid

by Application

Reclamation
Material Movement
Production Planning
Field Services
Quality Control

Key Players: The key players are

1. IBM
2. Intel
3. Microsoft
4. Accenture (Republic of Ireland)
5. Google
6. Microsoft
7. Oracle
8. Numenta
9. Sentient technologies
10.Inbenta
11.General Vision
12.Cisco
13.FuGenX Technologies
14.Infosys
15.Hortonworks
16.Royal Dutch Shell
17.PJSC Gazprom Neft
18.Huawei Technologies Co. Ltd.
19.NVIDIA Corp.
20.Neudax
21.Cloudera, Inc.

Regional Analysis:

A country-level study of the Artificial Intelligence in Oil and Gas Market focuses on segments identified as potentially high-growth, countries with the biggest market share, and nations with the greatest development potential. North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy) and Other nations are the geographical breakdowns in the Artificial Intelligence in Oil and Gas Market study.

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Key Questions Answered in the Artificial Intelligence in Oil and Gas Market Report are:

Which are the major players in the Artificial Intelligence in Oil and Gas market?
What key trends are likely to emerge in the Artificial Intelligence in Oil and Gas market in the coming years?
What will be the Artificial Intelligence in Oil and Gas market size by 2029?
Which company held the largest share in the Artificial Intelligence in Oil and Gas market?
About Maximize Market Research:

A comprehensive market research and consulting firm, Maximize Market Research employs professionals from a range of industries. Automotive, general commerce, beverages, automated systems, electronics, industrial equipment, science and engineering, technology and communication, and automobiles are among the industries we serve. Competitive analysis, client impact studies, production and demand analysis, technical trend analysis, industry estimations validated by the market, and substantial market research are some of the services we offer.

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Issued By anushabyahatti
Country United States
Categories Reports , Research
Tags artificial intelligence market , artificial intelligence market size , artificial intelligence market share , artificial intelligence market demand
Last Updated April 12, 2024