Digital Oilfield Market to Exceed $27.10 Billion by 2022
The digital oilfield market is expected to grow from an estimated USD 21.14 Billion in 2017 to USD 27.10 Billion by 2022, at a CAGR of 5.09%, during the forecast period. The market is set to witness growth due to an increasing focus on optimization through digitization majorly in mature fields.
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