Global Digital Transformation in the Oil and Gas Market Growth (Status and Outlook) 2024-2030

Publication ID:

LPI05245733

Publication Date:

May 24, 2024

Pages:

113

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

IT Services [2]

Software [3]

Computing & Electronics [4]

Description:

Digital Transformation in the Oil and Gas is the process of using digital technologies to improve operations and business performance in the oil and gas industry. The goal of digital transformation is to help oil and gas companies become more agile, efficient, and competitive in a rapidly changing market. Some of the digital technologies that are used in the oil and gas industry include Big Data/Analytics and Cloud Computing, Internet of Things (IoT), Artificial Intelligence, Industrial Control Systems, Extended Reality, and Field Devices.
The global Digital Transformation in the Oil and Gas market size is projected to grow from US$ 676.9 million in 2023 to US$ 893.6 million in 2030; it is expected to grow at a CAGR of 4.0% from 2024 to 2030.
The 鈥淒igital Transformation in the Oil and Gas Industry Forecast鈥� looks at past sales and reviews total world Digital Transformation in the Oil and Gas sales in 2023, providing a comprehensive analysis by region and market sector of projected Digital Transformation in the Oil and Gas sales for 2024 through 2030. With Digital Transformation in the Oil and Gas sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Digital Transformation in the Oil and Gas industry.
This Insight Report provides a comprehensive analysis of the global Digital Transformation in the Oil and Gas landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Digital Transformation in the Oil and Gas portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Digital Transformation in the Oil and Gas market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Digital Transformation in the Oil and Gas and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Digital Transformation in the Oil and Gas.
Some of the future market trends of digital transformation in the oil and gas industry are:
The adoption of extended reality (XR) technologies, such as virtual and augmented reality, to enhance the training, safety, and productivity of the workforce.
The use of artificial intelligence (AI) and machine learning (ML) to optimize the exploration and production of oil and gas, as well as to reduce the environmental and social impacts of the industry.
The integration of cloud computing and blockchain-based data exchange to enable secure and efficient collaboration and information sharing across the oil and gas value chain.
The deployment of Industrial Internet of Things (IIoT) and field devices to enable real-time monitoring and control of the assets and operations, as well as to improve the reliability and availability of the equipment.
This report presents a comprehensive overview, market shares, and growth opportunities of Digital Transformation in the Oil and Gas market by product type, application, key players and key regions and countries.
Segmentation by type
Big Data/Analytics and Cloud Computing
Internet of Things (IoT)
Artificial Intelligence
Industrial Control Systems (PLC, SCADA, HMI, DCS etc.)
Extended Reality (AR, VR and MR)
Field Devices (Sensors, Motors, VFD etc.)
Segmentation by application
Upstream
Midstream
Downstream
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Schneider Electric SE
Rockwell Automation Inc.
Honeywell International Inc.
ABB Ltd.
Mitsubishi Electric Corporation
Siemens AG
Omron Corporation
Yokogawa Electric Corporation
Fanuc Corporation
WFS Technologies Ltd
Magseis Fairfield ASA
Rohrback Cosasco Systems, Inc
IBM Corporation

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Digital Transformation in the Oil and Gas Market Size 2019-2030
2.1.2 Digital Transformation in the Oil and Gas Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Digital Transformation in the Oil and Gas Segment by Type
2.2.1 Big Data/Analytics and Cloud Computing
2.2.2 Internet of Things (IoT)
2.2.3 Artificial Intelligence
2.2.4 Industrial Control Systems (PLC, SCADA, HMI, DCS etc.)
2.2.5 Extended Reality (AR, VR and MR)
2.2.6 Field Devices (Sensors, Motors, VFD etc.)
2.3 Digital Transformation in the Oil and Gas Market Size by Type
2.3.1 Digital Transformation in the Oil and Gas Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Digital Transformation in the Oil and Gas Market Size Market Share by Type (2019-2024)
2.4 Digital Transformation in the Oil and Gas Segment by Application
2.4.1 Upstream
2.4.2 Midstream
2.4.3 Downstream
2.5 Digital Transformation in the Oil and Gas Market Size by Application
2.5.1 Digital Transformation in the Oil and Gas Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Digital Transformation in the Oil and Gas Market Size Market Share by Application (2019-2024)
3 Digital Transformation in the Oil and Gas Market Size by Player
3.1 Digital Transformation in the Oil and Gas Market Size Market Share by Players
3.1.1 Global Digital Transformation in the Oil and Gas Revenue by Players (2019-2024)
3.1.2 Global Digital Transformation in the Oil and Gas Revenue Market Share by Players (2019-2024)
3.2 Global Digital Transformation in the Oil and Gas Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Digital Transformation in the Oil and Gas by Regions
4.1 Digital Transformation in the Oil and Gas Market Size by Regions (2019-2024)
4.2 Americas Digital Transformation in the Oil and Gas Market Size Growth (2019-2024)
4.3 APAC Digital Transformation in the Oil and Gas Market Size Growth (2019-2024)
4.4 Europe Digital Transformation in the Oil and Gas Market Size Growth (2019-2024)
4.5 Middle East & Africa Digital Transformation in the Oil and Gas Market Size Growth (2019-2024)
5 Americas
5.1 Americas Digital Transformation in the Oil and Gas Market Size by Country (2019-2024)
5.2 Americas Digital Transformation in the Oil and Gas Market Size by Type (2019-2024)
5.3 Americas Digital Transformation in the Oil and Gas Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Digital Transformation in the Oil and Gas Market Size by Region (2019-2024)
6.2 APAC Digital Transformation in the Oil and Gas Market Size by Type (2019-2024)
6.3 APAC Digital Transformation in the Oil and Gas Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Digital Transformation in the Oil and Gas by Country (2019-2024)
7.2 Europe Digital Transformation in the Oil and Gas Market Size by Type (2019-2024)
7.3 Europe Digital Transformation in the Oil and Gas Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Digital Transformation in the Oil and Gas by Region (2019-2024)
8.2 Middle East & Africa Digital Transformation in the Oil and Gas Market Size by Type (2019-2024)
8.3 Middle East & Africa Digital Transformation in the Oil and Gas Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Digital Transformation in the Oil and Gas Market Forecast
10.1 Global Digital Transformation in the Oil and Gas Forecast by Regions (2025-2030)
10.1.1 Global Digital Transformation in the Oil and Gas Forecast by Regions (2025-2030)
10.1.2 Americas Digital Transformation in the Oil and Gas Forecast
10.1.3 APAC Digital Transformation in the Oil and Gas Forecast
10.1.4 Europe Digital Transformation in the Oil and Gas Forecast
10.1.5 Middle East & Africa Digital Transformation in the Oil and Gas Forecast
10.2 Americas Digital Transformation in the Oil and Gas Forecast by Country (2025-2030)
10.2.1 United States Digital Transformation in the Oil and Gas Market Forecast
10.2.2 Canada Digital Transformation in the Oil and Gas Market Forecast
10.2.3 Mexico Digital Transformation in the Oil and Gas Market Forecast
10.2.4 Brazil Digital Transformation in the Oil and Gas Market Forecast
10.3 APAC Digital Transformation in the Oil and Gas Forecast by Region (2025-2030)
10.3.1 China Digital Transformation in the Oil and Gas Market Forecast
10.3.2 Japan Digital Transformation in the Oil and Gas Market Forecast
10.3.3 Korea Digital Transformation in the Oil and Gas Market Forecast
10.3.4 Southeast Asia Digital Transformation in the Oil and Gas Market Forecast
10.3.5 India Digital Transformation in the Oil and Gas Market Forecast
10.3.6 Australia Digital Transformation in the Oil and Gas Market Forecast
10.4 Europe Digital Transformation in the Oil and Gas Forecast by Country (2025-2030)
10.4.1 Germany Digital Transformation in the Oil and Gas Market Forecast
10.4.2 France Digital Transformation in the Oil and Gas Market Forecast
10.4.3 UK Digital Transformation in the Oil and Gas Market Forecast
10.4.4 Italy Digital Transformation in the Oil and Gas Market Forecast
10.4.5 Russia Digital Transformation in the Oil and Gas Market Forecast
10.5 Middle East & Africa Digital Transformation in the Oil and Gas Forecast by Region (2025-2030)
10.5.1 Egypt Digital Transformation in the Oil and Gas Market Forecast
10.5.2 South Africa Digital Transformation in the Oil and Gas Market Forecast
10.5.3 Israel Digital Transformation in the Oil and Gas Market Forecast
10.5.4 Turkey Digital Transformation in the Oil and Gas Market Forecast
10.5.5 GCC Countries Digital Transformation in the Oil and Gas Market Forecast
10.6 Global Digital Transformation in the Oil and Gas Forecast by Type (2025-2030)
10.7 Global Digital Transformation in the Oil and Gas Forecast by Application (2025-2030)

11 Key Players Analysis
11.1 Schneider Electric SE
11.1.1 Schneider Electric SE Company Information
11.1.2 Schneider Electric SE Digital Transformation in the Oil and Gas Product Offered
11.1.3 Schneider Electric SE Digital Transformation in the Oil and Gas Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Schneider Electric SE Main Business Overview
11.1.5 Schneider Electric SE Latest Developments
11.2 Rockwell Automation Inc.
11.2.1 Rockwell Automation Inc. Company Information
11.2.2 Rockwell Automation Inc. Digital Transformation in the Oil and Gas Product Offered
11.2.3 Rockwell Automation Inc. Digital Transformation in the Oil and Gas Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Rockwell Automation Inc. Main Business Overview
11.2.5 Rockwell Automation Inc. Latest Developments
11.3 Honeywell International Inc.
11.3.1 Honeywell International Inc. Company Information
11.3.2 Honeywell International Inc. Digital Transformation in the Oil and Gas Product Offered
11.3.3 Honeywell International Inc. Digital Transformation in the Oil and Gas Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Honeywell International Inc. Main Business Overview
11.3.5 Honeywell International Inc. Latest Developments
11.4 ABB Ltd.
11.4.1 ABB Ltd. Company Information
11.4.2 ABB Ltd. Digital Transformation in the Oil and Gas Product Offered
11.4.3 ABB Ltd. Digital Transformation in the Oil and Gas Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 ABB Ltd. Main Business Overview
11.4.5 ABB Ltd. Latest Developments
11.5 Mitsubishi Electric Corporation
11.5.1 Mitsubishi Electric Corporation Company Information
11.5.2 Mitsubishi Electric Corporation Digital Transformation in the Oil and Gas Product Offered
11.5.3 Mitsubishi Electric Corporation Digital Transformation in the Oil and Gas Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Mitsubishi Electric Corporation Main Business Overview
11.5.5 Mitsubishi Electric Corporation Latest Developments
11.6 Siemens AG
11.6.1 Siemens AG Company Information
11.6.2 Siemens AG Digital Transformation in the Oil and Gas Product Offered
11.6.3 Siemens AG Digital Transformation in the Oil and Gas Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Siemens AG Main Business Overview
11.6.5 Siemens AG Latest Developments
11.7 Omron Corporation
11.7.1 Omron Corporation Company Information
11.7.2 Omron Corporation Digital Transformation in the Oil and Gas Product Offered
11.7.3 Omron Corporation Digital Transformation in the Oil and Gas Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Omron Corporation Main Business Overview
11.7.5 Omron Corporation Latest Developments
11.8 Yokogawa Electric Corporation
11.8.1 Yokogawa Electric Corporation Company Information
11.8.2 Yokogawa Electric Corporation Digital Transformation in the Oil and Gas Product Offered
11.8.3 Yokogawa Electric Corporation Digital Transformation in the Oil and Gas Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Yokogawa Electric Corporation Main Business Overview
11.8.5 Yokogawa Electric Corporation Latest Developments
11.9 Fanuc Corporation
11.9.1 Fanuc Corporation Company Information
11.9.2 Fanuc Corporation Digital Transformation in the Oil and Gas Product Offered
11.9.3 Fanuc Corporation Digital Transformation in the Oil and Gas Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Fanuc Corporation Main Business Overview
11.9.5 Fanuc Corporation Latest Developments
11.10 WFS Technologies Ltd
11.10.1 WFS Technologies Ltd Company Information
11.10.2 WFS Technologies Ltd Digital Transformation in the Oil and Gas Product Offered
11.10.3 WFS Technologies Ltd Digital Transformation in the Oil and Gas Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 WFS Technologies Ltd Main Business Overview
11.10.5 WFS Technologies Ltd Latest Developments
11.11 Magseis Fairfield ASA
11.11.1 Magseis Fairfield ASA Company Information
11.11.2 Magseis Fairfield ASA Digital Transformation in the Oil and Gas Product Offered
11.11.3 Magseis Fairfield ASA Digital Transformation in the Oil and Gas Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Magseis Fairfield ASA Main Business Overview
11.11.5 Magseis Fairfield ASA Latest Developments
11.12 Rohrback Cosasco Systems, Inc
11.12.1 Rohrback Cosasco Systems, Inc Company Information
11.12.2 Rohrback Cosasco Systems, Inc Digital Transformation in the Oil and Gas Product Offered
11.12.3 Rohrback Cosasco Systems, Inc Digital Transformation in the Oil and Gas Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 Rohrback Cosasco Systems, Inc Main Business Overview
11.12.5 Rohrback Cosasco Systems, Inc Latest Developments
11.13 IBM Corporation
11.13.1 IBM Corporation Company Information
11.13.2 IBM Corporation Digital Transformation in the Oil and Gas Product Offered
11.13.3 IBM Corporation Digital Transformation in the Oil and Gas Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 IBM Corporation Main Business Overview
11.13.5 IBM Corporation Latest Developments
12 Research Findings and Conclusion

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