The digital oilfield market is driven by major factors such as the new technological advancements, increased Return on Investment, and the rising need to scale up production from mature wells to optimize production. Adoption of new techniques such as the Internet of Things, seismic imaging and Artificial Intelligence
helps to deploy minimum workforce in remote onshore & offshore exploration sites.

The objective of the report is to define, describe, and forecast the digital oilfield market size based on process (production optimization, drilling optimization, reservoir optimization, safety management, and others), solutions (hardware solution, software& service solutions, and data storage solutions), application (onshore, offshore), and region.

The digital oilfield market has been segmented on the basis of  By process, By application, By solution, and By geography.