Pune, India -- (SBWire) -- 01/04/2019 --Latest Survey On Smart Oilfield Market 

The global Smart Oilfield market report provides an in-depth analysis of the Smart Oilfield industry, analyzing the potential of the market and also provides data and forecasts on the market structure, dynamics, and trends.

Smart oilfield involves the application of advanced software, hardware, and data analysis techniques to increase the E&P efficiency of oil and gas. In an era of ever-growing energy demand and depletion of "easy oil," smart oilfields facilitate in maximizing oilfield recovery by reducing downtime.

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The services segment dominated the market and accounted for more than 38% of the market share in terms of revenue.

The Americas was the largest revenue contributor in the global smart oilfield market. North America is the world's second-largest consumer of crude oil due to the constant demand from countries like the US, Canada, and Mexico.

Factors such as the increasing production from unconventional oil and gas resources such as shale formation will contribute to the growth of the market in the region. Additionally, growing energy demand, efforts to maximize production from existing wells, and increasing deepwater exploration activities are some of the major factors driving the market in the Americas.

The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The Smart Oilfield market report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study.

Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players. The segments and sub-segment of the market are explained in details.

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Market Segment by key players, this report covers, Baker Hughes, China National Petroleum Corporation (CNPC), Halliburton Corporation, Honeywell International, Schlumberger Ltd, Accenture, Kongsberg Gruppen, Microseismic, National Oilwell Varco, Paradigm, Pason Systems, Petrolink, Redline Communications Group, Rockwell Automation, Shell, Siemens, Weatherford

Market Segment by Regions, regional analysis covers , North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type covers, , Hardware, Software, Services

Market Segment by Applications can be divided into, Onshore, Offshore

The scope of the report: This research report presents an extensive study of the market and comprises significant insights, facts, previous data, and statistically-supported and industry-validated market facts and projections with an appropriate set of methodologies and assumptions. It provides analysis and data on the basis of market segments and sub-segments, regions, product type, and distribution channels.

What the report offers:

Market Overview for the Global Smart Oilfield Market and the identification of the market dynamics, including growth drivers, restraints, challenges, and potential opportunities for the market.

Market analysis for the Global Smart Oilfield Market, with competitive landscape and geographic analysis on a global and regional scale.

Determination of different factors responsible for changing the market landscape, rising future opportunities and determination of leading players, which can affect the market on a regional scale.

Company profiles of the leading competitors along with their strategic initiatives and market shares.
Determination and analysis of the macro- and microeconomic factors that affect the Global Smart Oilfield Market, as per the regional analysis.

In the end, This report is an assimilation of trustworthy and updated information, quantitative and qualitative evaluation by industry analysts, inputs from industry professionals and leading competitors across the industrial value chain. 

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