India, Brazil, and Nigeria: The New Frontiers for Digital Oilfield Market Players


Posted March 18, 2025 by Datastring

India, Brazil, and Nigeria are the fastest growing demand hubs within the $29.2 billion Digital Oilfield market and expected to grow with a CAGR range of 5.1% and 7.5% for the period of 2024 to 2030.

 
Leading players in such as Schlumberger, Halliburton, Baker Hughes, Weatherford, Siemens, Honeywell, ABB, Nabors, National Oilwell Varco, Emerson, Rockwell Automation and Honeywell are pushing the boundaries of innovation and forging strategic partnerships to capture larger market share.

Check detailed insights here - ๐ก๐ญ๐ญ๐ฉ๐ฌ://๐๐š๐ญ๐š๐ฌ๐ญ๐ซ๐ข๐ง๐ ๐œ๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ .๐œ๐จ๐ฆ/๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ-๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ/๐๐ข๐ ๐ข๐ญ๐š๐ฅ-๐จ๐ข๐ฅ๐Ÿ๐ข๐ž๐ฅ๐-๐ฆ๐š๐ซ๐ค๐ž๐ญ-๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก-๐ซ๐ž๐ฉ๐จ๐ซ๐ญ

Cloud platforms provide data storage and immediate access to support operations, in oilfields.

๐†๐ฅ๐จ๐›๐š๐ฅ & ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

As per research study, Digital Oilfield is expected to rise to $71.9 billion by 2035 from $29.2 billion of 2023 with a CAGR of 7.8%. In North America, the use of oilfield technologies is at the forefront due to the sophisticated oil and gas infrastructure and the focus on streamlining operations efficiently.Schlumberger and Halliburton are, among the companies providing customized solutions to meet the regulatory and operational needs of the region.

๐€๐›๐จ๐ฎ๐ญ ๐ƒ๐š๐ญ๐š๐’๐ญ๐ซ๐ข๐ง๐  ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ 

DataString Consulting assist companies in strategy formulations & roadmap creation including TAM expansion, revenue diversification strategies and venturing into new markets; by offering in depth insights into developing trends and competitor landscapes as well as customer demographics. Our customized & direct strategies, filters industry noises into new opportunities; and reduces the effective connect time between products and its market niche.

DataString Consulting is a professional market research company which aims at providing all the market & business research solutions under one roof. Get the right insights for your goals with our unique approach to market research and precisely tailored solutions. We offer services in strategy consulting, comprehensive opportunity assessment across various sectors, and solution-oriented approaches to solve business problems.โ€‹
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Last Updated March 18, 2025