
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.
The global Smart Oilfield market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.
The “Smart Oilfield Industry Forecast” looks at past sales and reviews total world Smart Oilfield sales in 2023, providing a comprehensive analysis by region and market sector of projected Smart Oilfield sales for 2024 through 2030. With Smart Oilfield sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Oilfield industry.
This Insight Report provides a comprehensive analysis of the global Smart Oilfield 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 Smart Oilfield portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Oilfield market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Oilfield 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 Smart Oilfield.
The services segment dominated the market and accounted for more than 38% of the market share in terms of revenue.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart Oilfield market by product type, application, key players and key regions and countries.
Segmentation by type
Hardware
Software
Services
Segmentation by application
Onshore
Offshore
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.
GE(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
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
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 Smart Oilfield Market Size 2019-2030
2.1.2 Smart Oilfield Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Smart Oilfield Segment by Type
2.2.1 Hardware
2.2.2 Software
2.2.3 Services
2.3 Smart Oilfield Market Size by Type
2.3.1 Smart Oilfield Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Smart Oilfield Market Size Market Share by Type (2019-2024)
2.4 Smart Oilfield Segment by Application
2.4.1 Onshore
2.4.2 Offshore
2.5 Smart Oilfield Market Size by Application
2.5.1 Smart Oilfield Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Smart Oilfield Market Size Market Share by Application (2019-2024)
3 Smart Oilfield Market Size by Player
3.1 Smart Oilfield Market Size Market Share by Players
3.1.1 Global Smart Oilfield Revenue by Players (2019-2024)
3.1.2 Global Smart Oilfield Revenue Market Share by Players (2019-2024)
3.2 Global Smart Oilfield 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 Smart Oilfield by Regions
4.1 Smart Oilfield Market Size by Regions (2019-2024)
4.2 Americas Smart Oilfield Market Size Growth (2019-2024)
4.3 APAC Smart Oilfield Market Size Growth (2019-2024)
4.4 Europe Smart Oilfield Market Size Growth (2019-2024)
4.5 Middle East & Africa Smart Oilfield Market Size Growth (2019-2024)
5 Americas
5.1 Americas Smart Oilfield Market Size by Country (2019-2024)
5.2 Americas Smart Oilfield Market Size by Type (2019-2024)
5.3 Americas Smart Oilfield Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Smart Oilfield Market Size by Region (2019-2024)
6.2 APAC Smart Oilfield Market Size by Type (2019-2024)
6.3 APAC Smart Oilfield 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 Smart Oilfield by Country (2019-2024)
7.2 Europe Smart Oilfield Market Size by Type (2019-2024)
7.3 Europe Smart Oilfield 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 Smart Oilfield by Region (2019-2024)
8.2 Middle East & Africa Smart Oilfield Market Size by Type (2019-2024)
8.3 Middle East & Africa Smart Oilfield 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 Smart Oilfield Market Forecast
10.1 Global Smart Oilfield Forecast by Regions (2025-2030)
10.1.1 Global Smart Oilfield Forecast by Regions (2025-2030)
10.1.2 Americas Smart Oilfield Forecast
10.1.3 APAC Smart Oilfield Forecast
10.1.4 Europe Smart Oilfield Forecast
10.1.5 Middle East & Africa Smart Oilfield Forecast
10.2 Americas Smart Oilfield Forecast by Country (2025-2030)
10.2.1 United States Smart Oilfield Market Forecast
10.2.2 Canada Smart Oilfield Market Forecast
10.2.3 Mexico Smart Oilfield Market Forecast
10.2.4 Brazil Smart Oilfield Market Forecast
10.3 APAC Smart Oilfield Forecast by Region (2025-2030)
10.3.1 China Smart Oilfield Market Forecast
10.3.2 Japan Smart Oilfield Market Forecast
10.3.3 Korea Smart Oilfield Market Forecast
10.3.4 Southeast Asia Smart Oilfield Market Forecast
10.3.5 India Smart Oilfield Market Forecast
10.3.6 Australia Smart Oilfield Market Forecast
10.4 Europe Smart Oilfield Forecast by Country (2025-2030)
10.4.1 Germany Smart Oilfield Market Forecast
10.4.2 France Smart Oilfield Market Forecast
10.4.3 UK Smart Oilfield Market Forecast
10.4.4 Italy Smart Oilfield Market Forecast
10.4.5 Russia Smart Oilfield Market Forecast
10.5 Middle East & Africa Smart Oilfield Forecast by Region (2025-2030)
10.5.1 Egypt Smart Oilfield Market Forecast
10.5.2 South Africa Smart Oilfield Market Forecast
10.5.3 Israel Smart Oilfield Market Forecast
10.5.4 Turkey Smart Oilfield Market Forecast
10.5.5 GCC Countries Smart Oilfield Market Forecast
10.6 Global Smart Oilfield Forecast by Type (2025-2030)
10.7 Global Smart Oilfield Forecast by Application (2025-2030)
11 Key Players Analysis
11.1 GE(Baker Hughes)
11.1.1 GE(Baker Hughes) Company Information
11.1.2 GE(Baker Hughes) Smart Oilfield Product Offered
11.1.3 GE(Baker Hughes) Smart Oilfield Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 GE(Baker Hughes) Main Business Overview
11.1.5 GE(Baker Hughes) Latest Developments
11.2 China National Petroleum Corporation (CNPC)
11.2.1 China National Petroleum Corporation (CNPC) Company Information
11.2.2 China National Petroleum Corporation (CNPC) Smart Oilfield Product Offered
11.2.3 China National Petroleum Corporation (CNPC) Smart Oilfield Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 China National Petroleum Corporation (CNPC) Main Business Overview
11.2.5 China National Petroleum Corporation (CNPC) Latest Developments
11.3 Halliburton Corporation
11.3.1 Halliburton Corporation Company Information
11.3.2 Halliburton Corporation Smart Oilfield Product Offered
11.3.3 Halliburton Corporation Smart Oilfield Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Halliburton Corporation Main Business Overview
11.3.5 Halliburton Corporation Latest Developments
11.4 Honeywell International
11.4.1 Honeywell International Company Information
11.4.2 Honeywell International Smart Oilfield Product Offered
11.4.3 Honeywell International Smart Oilfield Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Honeywell International Main Business Overview
11.4.5 Honeywell International Latest Developments
11.5 Schlumberger Ltd
11.5.1 Schlumberger Ltd Company Information
11.5.2 Schlumberger Ltd Smart Oilfield Product Offered
11.5.3 Schlumberger Ltd Smart Oilfield Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Schlumberger Ltd Main Business Overview
11.5.5 Schlumberger Ltd Latest Developments
11.6 Accenture
11.6.1 Accenture Company Information
11.6.2 Accenture Smart Oilfield Product Offered
11.6.3 Accenture Smart Oilfield Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Accenture Main Business Overview
11.6.5 Accenture Latest Developments
11.7 Kongsberg Gruppen
11.7.1 Kongsberg Gruppen Company Information
11.7.2 Kongsberg Gruppen Smart Oilfield Product Offered
11.7.3 Kongsberg Gruppen Smart Oilfield Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Kongsberg Gruppen Main Business Overview
11.7.5 Kongsberg Gruppen Latest Developments
11.8 Microseismic
11.8.1 Microseismic Company Information
11.8.2 Microseismic Smart Oilfield Product Offered
11.8.3 Microseismic Smart Oilfield Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Microseismic Main Business Overview
11.8.5 Microseismic Latest Developments
11.9 National Oilwell Varco
11.9.1 National Oilwell Varco Company Information
11.9.2 National Oilwell Varco Smart Oilfield Product Offered
11.9.3 National Oilwell Varco Smart Oilfield Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 National Oilwell Varco Main Business Overview
11.9.5 National Oilwell Varco Latest Developments
11.10 Paradigm
11.10.1 Paradigm Company Information
11.10.2 Paradigm Smart Oilfield Product Offered
11.10.3 Paradigm Smart Oilfield Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Paradigm Main Business Overview
11.10.5 Paradigm Latest Developments
11.11 Pason Systems
11.11.1 Pason Systems Company Information
11.11.2 Pason Systems Smart Oilfield Product Offered
11.11.3 Pason Systems Smart Oilfield Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Pason Systems Main Business Overview
11.11.5 Pason Systems Latest Developments
11.12 Petrolink
11.12.1 Petrolink Company Information
11.12.2 Petrolink Smart Oilfield Product Offered
11.12.3 Petrolink Smart Oilfield Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 Petrolink Main Business Overview
11.12.5 Petrolink Latest Developments
11.13 Redline Communications Group
11.13.1 Redline Communications Group Company Information
11.13.2 Redline Communications Group Smart Oilfield Product Offered
11.13.3 Redline Communications Group Smart Oilfield Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 Redline Communications Group Main Business Overview
11.13.5 Redline Communications Group Latest Developments
11.14 Rockwell Automation
11.14.1 Rockwell Automation Company Information
11.14.2 Rockwell Automation Smart Oilfield Product Offered
11.14.3 Rockwell Automation Smart Oilfield Revenue, Gross Margin and Market Share (2019-2024)
11.14.4 Rockwell Automation Main Business Overview
11.14.5 Rockwell Automation Latest Developments
11.15 Shell
11.15.1 Shell Company Information
11.15.2 Shell Smart Oilfield Product Offered
11.15.3 Shell Smart Oilfield Revenue, Gross Margin and Market Share (2019-2024)
11.15.4 Shell Main Business Overview
11.15.5 Shell Latest Developments
11.16 Siemens
11.16.1 Siemens Company Information
11.16.2 Siemens Smart Oilfield Product Offered
11.16.3 Siemens Smart Oilfield Revenue, Gross Margin and Market Share (2019-2024)
11.16.4 Siemens Main Business Overview
11.16.5 Siemens Latest Developments
11.17 Weatherford
11.17.1 Weatherford Company Information
11.17.2 Weatherford Smart Oilfield Product Offered
11.17.3 Weatherford Smart Oilfield Revenue, Gross Margin and Market Share (2019-2024)
11.17.4 Weatherford Main Business Overview
11.17.5 Weatherford Latest Developments
12 Research Findings and Conclusion
*If Applicable.
