Global Geosteering Software Market Growth (Status and Outlook) 2025-2031

Publication ID:

LPI02260516

Publication Date:

February 21, 2025

Pages:

118

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

IT Services [2]

Software [3]

Computing & Electronics [4]

Description:

The global Geosteering Software market size is predicted to grow from US$ 535 million in 2025 to US$ 760 million in 2031; it is expected to grow at a CAGR of 6.0% from 2025 to 2031.
Geosteering software is a specialized technological tool used in the oil and gas industry that enables real-time decision-making during the drilling process. It integrates data from multiple sources such as well logs, seismic information, and measurements from downhole tools to create accurate subsurface models. These models are then analyzed to provide drillers with precise guidance on adjusting the wellbore path, allowing them to optimize the well's trajectory to stay within the desired target zones, maximize reservoir contact, and enhance hydrocarbon recovery while minimizing risks associated with drilling outside productive areas or encountering geological hazards.
United States market for Geosteering Software is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Geosteering Software is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Geosteering Software is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Geosteering Software players cover Corva, 谤辞驳颈颈锛圫迟补谤厂迟别别谤锛�, ZoneVu, Stoner Engineering LLC, Smart4D, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
The 鈥淕eosteering Software Industry Forecast鈥� looks at past sales and reviews total world Geosteering Software sales in 2024, providing a comprehensive analysis by region and market sector of projected Geosteering Software sales for 2025 through 2031. With Geosteering Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Geosteering Software industry.
This Insight Report provides a comprehensive analysis of the global Geosteering Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Geosteering Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Geosteering Software market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Geosteering Software 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 Geosteering Software.
This report presents a comprehensive overview, market shares, and growth opportunities of Geosteering Software market by product type, application, key players and key regions and countries.
Segmentation by Type:
Cloud-based
On-premises
Segmentation by Application:
Oil and Gas Industry
Geothermal Exploration and Drilling
Other
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.
Corva
谤辞驳颈颈锛圫迟补谤厂迟别别谤锛�
ZoneVu
Stoner Engineering LLC
Smart4D
GVERSE
SES
Bitcap
Adaga Solutions
Petroleum Engineering Technology, LLC锛圙eoSteerIT锛�
GeoSteering LLP(RigComms)
Rock steer
HSIGeosciences(LatNavNet)

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 Geosteering Software Market Size (2020-2031)
2.1.2 Geosteering Software Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Geosteering Software by Country/Region (2020, 2024 & 2031)
2.2 Geosteering Software Segment by Type
2.2.1 Cloud-based
2.2.2 On-premises
2.3 Geosteering Software Market Size by Type
2.3.1 Geosteering Software Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Geosteering Software Market Size Market Share by Type (2020-2025)
2.4 Geosteering Software Segment by Application
2.4.1 Oil and Gas Industry
2.4.2 Geothermal Exploration and Drilling
2.4.3 Other
2.5 Geosteering Software Market Size by Application
2.5.1 Geosteering Software Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Geosteering Software Market Size Market Share by Application (2020-2025)
3 Geosteering Software Market Size by Player
3.1 Geosteering Software Market Size Market Share by Player
3.1.1 Global Geosteering Software Revenue by Player (2020-2025)
3.1.2 Global Geosteering Software Revenue Market Share by Player (2020-2025)
3.2 Global Geosteering Software 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) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Geosteering Software by Region
4.1 Geosteering Software Market Size by Region (2020-2025)
4.2 Global Geosteering Software Annual Revenue by Country/Region (2020-2025)
4.3 Americas Geosteering Software Market Size Growth (2020-2025)
4.4 APAC Geosteering Software Market Size Growth (2020-2025)
4.5 Europe Geosteering Software Market Size Growth (2020-2025)
4.6 Middle East & Africa Geosteering Software Market Size Growth (2020-2025)
5 Americas
5.1 Americas Geosteering Software Market Size by Country (2020-2025)
5.2 Americas Geosteering Software Market Size by Type (2020-2025)
5.3 Americas Geosteering Software Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Geosteering Software Market Size by Region (2020-2025)
6.2 APAC Geosteering Software Market Size by Type (2020-2025)
6.3 APAC Geosteering Software Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Geosteering Software Market Size by Country (2020-2025)
7.2 Europe Geosteering Software Market Size by Type (2020-2025)
7.3 Europe Geosteering Software Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Geosteering Software by Region (2020-2025)
8.2 Middle East & Africa Geosteering Software Market Size by Type (2020-2025)
8.3 Middle East & Africa Geosteering Software Market Size by Application (2020-2025)
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 Geosteering Software Market Forecast
10.1 Global Geosteering Software Forecast by Region (2026-2031)
10.1.1 Global Geosteering Software Forecast by Region (2026-2031)
10.1.2 Americas Geosteering Software Forecast
10.1.3 APAC Geosteering Software Forecast
10.1.4 Europe Geosteering Software Forecast
10.1.5 Middle East & Africa Geosteering Software Forecast
10.2 Americas Geosteering Software Forecast by Country (2026-2031)
10.2.1 United States Market Geosteering Software Forecast
10.2.2 Canada Market Geosteering Software Forecast
10.2.3 Mexico Market Geosteering Software Forecast
10.2.4 Brazil Market Geosteering Software Forecast
10.3 APAC Geosteering Software Forecast by Region (2026-2031)
10.3.1 China Geosteering Software Market Forecast
10.3.2 Japan Market Geosteering Software Forecast
10.3.3 Korea Market Geosteering Software Forecast
10.3.4 Southeast Asia Market Geosteering Software Forecast
10.3.5 India Market Geosteering Software Forecast
10.3.6 Australia Market Geosteering Software Forecast
10.4 Europe Geosteering Software Forecast by Country (2026-2031)
10.4.1 Germany Market Geosteering Software Forecast
10.4.2 France Market Geosteering Software Forecast
10.4.3 UK Market Geosteering Software Forecast
10.4.4 Italy Market Geosteering Software Forecast
10.4.5 Russia Market Geosteering Software Forecast
10.5 Middle East & Africa Geosteering Software Forecast by Region (2026-2031)
10.5.1 Egypt Market Geosteering Software Forecast
10.5.2 South Africa Market Geosteering Software Forecast
10.5.3 Israel Market Geosteering Software Forecast
10.5.4 Turkey Market Geosteering Software Forecast
10.6 Global Geosteering Software Forecast by Type (2026-2031)
10.7 Global Geosteering Software Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Geosteering Software Forecast
11 Key Players Analysis
11.1 Corva
11.1.1 Corva Company Information
11.1.2 Corva Geosteering Software Product Offered
11.1.3 Corva Geosteering Software Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Corva Main Business Overview
11.1.5 Corva Latest Developments
11.2 谤辞驳颈颈锛圫迟补谤厂迟别别谤锛�
11.2.1 谤辞驳颈颈锛圫迟补谤厂迟别别谤锛� Company Information
11.2.2 谤辞驳颈颈锛圫迟补谤厂迟别别谤锛� Geosteering Software Product Offered
11.2.3 谤辞驳颈颈锛圫迟补谤厂迟别别谤锛� Geosteering Software Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 谤辞驳颈颈锛圫迟补谤厂迟别别谤锛� Main Business Overview
11.2.5 谤辞驳颈颈锛圫迟补谤厂迟别别谤锛� Latest Developments
11.3 ZoneVu
11.3.1 ZoneVu Company Information
11.3.2 ZoneVu Geosteering Software Product Offered
11.3.3 ZoneVu Geosteering Software Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 ZoneVu Main Business Overview
11.3.5 ZoneVu Latest Developments
11.4 Stoner Engineering LLC
11.4.1 Stoner Engineering LLC Company Information
11.4.2 Stoner Engineering LLC Geosteering Software Product Offered
11.4.3 Stoner Engineering LLC Geosteering Software Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Stoner Engineering LLC Main Business Overview
11.4.5 Stoner Engineering LLC Latest Developments
11.5 Smart4D
11.5.1 Smart4D Company Information
11.5.2 Smart4D Geosteering Software Product Offered
11.5.3 Smart4D Geosteering Software Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Smart4D Main Business Overview
11.5.5 Smart4D Latest Developments
11.6 GVERSE
11.6.1 GVERSE Company Information
11.6.2 GVERSE Geosteering Software Product Offered
11.6.3 GVERSE Geosteering Software Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 GVERSE Main Business Overview
11.6.5 GVERSE Latest Developments
11.7 SES
11.7.1 SES Company Information
11.7.2 SES Geosteering Software Product Offered
11.7.3 SES Geosteering Software Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 SES Main Business Overview
11.7.5 SES Latest Developments
11.8 Bitcap
11.8.1 Bitcap Company Information
11.8.2 Bitcap Geosteering Software Product Offered
11.8.3 Bitcap Geosteering Software Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Bitcap Main Business Overview
11.8.5 Bitcap Latest Developments
11.9 Adaga Solutions
11.9.1 Adaga Solutions Company Information
11.9.2 Adaga Solutions Geosteering Software Product Offered
11.9.3 Adaga Solutions Geosteering Software Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Adaga Solutions Main Business Overview
11.9.5 Adaga Solutions Latest Developments
11.10 Petroleum Engineering Technology, LLC锛圙eoSteerIT锛�
11.10.1 Petroleum Engineering Technology, LLC锛圙eoSteerIT锛� Company Information
11.10.2 Petroleum Engineering Technology, LLC锛圙eoSteerIT锛� Geosteering Software Product Offered
11.10.3 Petroleum Engineering Technology, LLC锛圙eoSteerIT锛� Geosteering Software Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 Petroleum Engineering Technology, LLC锛圙eoSteerIT锛� Main Business Overview
11.10.5 Petroleum Engineering Technology, LLC锛圙eoSteerIT锛� Latest Developments
11.11 GeoSteering LLP(RigComms)
11.11.1 GeoSteering LLP(RigComms) Company Information
11.11.2 GeoSteering LLP(RigComms) Geosteering Software Product Offered
11.11.3 GeoSteering LLP(RigComms) Geosteering Software Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 GeoSteering LLP(RigComms) Main Business Overview
11.11.5 GeoSteering LLP(RigComms) Latest Developments
11.12 Rock steer
11.12.1 Rock steer Company Information
11.12.2 Rock steer Geosteering Software Product Offered
11.12.3 Rock steer Geosteering Software Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 Rock steer Main Business Overview
11.12.5 Rock steer Latest Developments
11.13 HSIGeosciences(LatNavNet)
11.13.1 HSIGeosciences(LatNavNet) Company Information
11.13.2 HSIGeosciences(LatNavNet) Geosteering Software Product Offered
11.13.3 HSIGeosciences(LatNavNet) Geosteering Software Revenue, Gross Margin and Market Share (2020-2025)
11.13.4 HSIGeosciences(LatNavNet) Main Business Overview
11.13.5 HSIGeosciences(LatNavNet) Latest Developments
12 Research Findings and Conclusion

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