Connected Oilfield Global Market Report 2025

Global Connected Oilfield Market Report 2024

Connected Oilfield Global Market Report 2025 – By Solution (Hardware, Software And Service, Data Storage Solutions), By Processes (Reservoir, Production, Drilling Optimizations, Safety Management), By Application (On Shore, Off Shore) – Market Size, Trends, And Global Forecast 2025-2034

Name: Connected Oilfield Global Market Report 2025
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Connected Oilfield Global Market Report 2025

Report Price : $4490.00 | Pages : 175 | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

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Connected Oilfield Global Market Report 2025

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Connected Oilfield Market Definition

A connected oilfield is a solution that leverages information and communications technology (ICT), digital technologies and communication networks within oilfield operations to improve efficiency, productivity, safety, and decision-making processes. The purpose of a connected oilfield is to leverage technology-based methods to enhance oil recovery from the seabed by utilizing improved data analysis, software.

The main types of solutions in connected oilfields are hardware, software and service, and data storage solutions. Hardware refers to the physical components of a computer system or electronic device that can be touched and manipulated. It includes different processes such as reservoir, production, drilling optimization, and safety management and is used in various applications, such as onshore and offshore.

Connected Oilfield Market Segmentation

The connected oilfield market covered in this report is segmented –

1) By Solution: Hardware, Software And Service, Data Storage Solutions

2) By Processes: Reservoir, Production, Drilling Optimizations, Safety Management

3) By Application: On Shore, Off Shore

Subsegments:

1) By Hardware: Sensors, Actuators, Communication Equipment, Remote Monitoring Devices, Other Hardware Components

2) By Software And Service: Data Analytics Software, Asset Management Software, Visualization Software, Monitoring And Control Software, Other Software Solutions, Consulting Services, Integration Services, Maintenance And Support Services, managed services

3) By Data Storage Solutions: Cloud Storage, On-Premises Storage, Hybrid Storage Solutions

Connected Oilfield Market Size and growth rate 2025 to 2029: Graph

Connected Oilfield Market Size 2025 And Growth Rate

The connected oilfield market size has grown strongly in recent years. It will grow from $26.5 billion in 2024 to $28.31 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to evolution of communication networks, adoption of supervisory control and data acquisition (SCADA) systems, growth of data analytics, safety and risk management, energy transition.

Connected Oilfield Market Growth Forecast

The connected oilfield market size is expected to see strong growth in the next few years. It will grow to $34.9 billion in 2029 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to demand for operational efficiency, data-driven decision making, regulatory compliance, remote workforce management, supply chain optimization. Major trends in the forecast period include integration of digital twins, enhanced cybersecurity measures, remote operations optimization, hybrid connectivity solutions.

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Connected Oilfield Market Driver: Surging Oil And Gas Exploration Fuels Connected Oilfield Market.

The surging oil and gas exploration activities are expected to propel the growth of the connected oilfield market going forward. Oil and gas exploration activities refer to the systematic process of searching for underground deposits of oil and natural gas resources. Oil and gas exploration is critical to fueling the connected oilfield because IT provides the primary data for maximizing oil recovery and operational efficiency. The exploration efforts help to increase oil recovery from the seabed by using better data analysis, software, and technology. For instance, in March 2024, according to the U.S. Energy Information Administration's (EIA), US-based government agency, in 2023, Crude oil production in the United States, including condensate, averaged 12.9 million barrels per day (b/d), breaking the previous U.S. and global record of 12.3 million b/d, set in 2019. Average monthly U.S. crude oil production established a monthly record high in December 2023 at more than 13.3 million b/d. Average annual production in Saudi Arabia peaked in 2022 at 10.6 million b/d, which was 1.3 million b/d less than in the United States that year. Therefore, the surging oil and gas exploration activities are driving the growth of the connected oilfield market.

Global Connected Oilfield Market Major Players

Major companies operating in the connected oilfield market are China Petroleum & Chemical Corporation, Exxon Mobil Corporation, Royal Dutch Shell plc, TotalEnergies SE, Chevron Corporation, BP plc, GAZPROM PAO, Equinor ASA, Ente Nazionale Idrocarburi Società per Azioni., ConocoPhillips, Repsol SA, Occidental Petroleum Corporation, PJSC Lukoil, Schlumberger Limited, Pioneer Natural Resources, Baker Hughes Company, Kinder Morgan Inc., Devon Energy, Woodside Petroleum, Enbridge Inc., Hess Corporation, TC Energy Corporation, Apache Corporation, Rosneft Oil Company, Marathon Oil Corporation

Global Connected Oilfield Market Trend: Digital Oilfield Solutions Transforming Upstream Operations For Efficiency And Innovation

Major companies operating the connected oilfield are focusing on developing innovative solution such as upstream digital oilfield solutions to drive operational excellence, maximize profitability, and maintain competitiveness in a rapidly evolving market landscape. It is a solution with advanced technological tools and systems designed to optimize operations in the upstream segment, such as exploration and production of the oil and gas industry. For instance, in June 2022, mCloud Technologies Corp., a US-based software company, launched upstream digital oilfield solutions known as AssetCare digital oilfield solutions in United State. mCloud's AI technology continuously optimizes these solutions to enhance operational efficiency and performance in the oil and gas industry. It utilizes cloud-based AI to automate production management, continually optimize wellsite performance, and drive predictive maintenance. This strategic move signifies a significant step towards leveraging advanced digital technologies to streamline operations and maximize productivity in the upstream oilfield sector.

Connected Oilfield Market Merger And Acquisition: NextMart Inc. Bolsters Oilfield Dominance With Defender Contracting Acquisition

In February 2022, NextMart Inc., a US-based oilfield service business company, acquired Defender Contracting LLC for an undisclosed amount. This acquisition aims to strengthen its position in the oilfield services market, particularly within the permian basin. It also hopes to gain operational capacity, expand its service portfolio, access a strategic location, leverage an experienced workforce, and support its overall acquisition strategy. Defender Contracting LLC is a US-based oil field services company specializing in providing connected oilfield services, including bulk oil transportation and environmental services.

Regional Outlook For The Global Connected Oilfield Market

North America was the largest region in the connected oilfield market in 2024. The regions covered in the connected oilfield market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the connected oilfield market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Connected Oilfield Market?

The connected oilfields market includes revenues earned by entities by providing services such as real-time monitoring, predictive maintenance, remote operations, data analytics, asset optimization, environmental monitoring, and safety management. The market value includes the value of related goods sold by the service provider or included within the service offering. The connected oilfields market also includes sales of communication devices, remote monitoring systems, predictive maintenance tools, environmental monitoring equipment, safety management solutions, and integrated control systems. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Connected Oilfield Industry?

The connected oilfield market research report is one of a series of new reports from The Business Research Company that provides connected oilfield market statistics, including connected oilfield industry global market size, regional shares, competitors with a connected oilfield market share, detailed connected oilfield market segments, market trends and opportunities, and any further data you may need to thrive in the connected oilfield industry. This connected oilfield market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Connected Oilfield Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$28.31 billion
Revenue Forecast In 2034	$34.9 billion
Growth Rate	CAGR of 5.4% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	1) By Solution: Hardware, Software And Service, Data Storage Solutions 2) By Processes: Reservoir, Production, Drilling Optimizations, Safety Management 3) By Application: On Shore, Off Shore Subsegments: 1) By Hardware: Sensors, Actuators, Communication Equipment, Remote Monitoring Devices, Other Hardware Components 2) By Software And Service: Data Analytics Software, Asset Management Software, Visualization Software, Monitoring And Control Software, Other Software Solutions, Consulting Services, Integration Services, Maintenance And Support Services, Managed Services 3) By Data Storage Solutions: Cloud Storage, On-Premises Storage, Hybrid Storage Solutions
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	China Petroleum & Chemical Corporation, Exxon Mobil Corporation, Royal Dutch Shell plc, TotalEnergies SE, Chevron Corporation, BP plc, GAZPROM PAO, Equinor ASA, Ente Nazionale Idrocarburi Società per Azioni., ConocoPhillips, Repsol SA, Occidental Petroleum Corporation, PJSC Lukoil, Schlumberger Limited, Pioneer Natural Resources, Baker Hughes Company, Kinder Morgan Inc., Devon Energy, Woodside Petroleum, Enbridge Inc., Hess Corporation, TC Energy Corporation, Apache Corporation, Rosneft Oil Company, Marathon Oil Corporation
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Connected Oilfield Market Characteristics

3. Connected Oilfield Market Trends And Strategies

4. Connected Oilfield Market - Macro Economic Scenario Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market

5. Global Connected Oilfield Growth Analysis And Strategic Analysis Framework

5.1. Global Connected Oilfield PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Connected Oilfield Market Growth Rate Analysis

5.4. Global Connected Oilfield Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Connected Oilfield Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Connected Oilfield Total Addressable Market (TAM)

6. Connected Oilfield Market Segmentation

6.1. Global Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Hardware

Software And Service

Data Storage Solutions

6.2. Global Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Reservoir

Production

Drilling Optimizations

Safety Management

6.3. Global Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

On Shore

Off Shore

6.4. Global Connected Oilfield Market, Sub-Segmentation Of Hardware, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Sensors

Actuators

Communication Equipment

Remote Monitoring Devices

Other Hardware Components

6.5. Global Connected Oilfield Market, Sub-Segmentation Of Software And Service, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Data Analytics Software

Asset Management Software

Visualization Software

Monitoring And Control Software

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Connected Oilfield Market, Sub-Segmentation Of Hardware, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Connected Oilfield Market, Sub-Segmentation Of Software And Service, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Connected Oilfield Market, Sub-Segmentation Of Data Storage Solutions, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Connected Oilfield Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Connected Oilfield Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Asia-Pacific, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Asia-Pacific, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Asia-Pacific, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: China, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: China, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: China, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: India, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: India, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: India, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: Japan, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: Japan, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: Japan, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Australia, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Australia, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Australia, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Indonesia, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Indonesia, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Indonesia, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: South Korea, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: South Korea, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: South Korea, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: Western Europe, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: Western Europe, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: Western Europe, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: UK, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: UK, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: UK, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: Germany, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: Germany, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: Germany, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: France, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: France, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: France, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: Italy, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: Italy, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: Italy, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Spain, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Spain, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Spain, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Eastern Europe, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Eastern Europe, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Eastern Europe, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Russia, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Russia, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Russia, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: North America, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: North America, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: North America, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: USA, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: USA, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: USA, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: Canada, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: Canada, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: Canada, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: South America, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: South America, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: South America, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: Brazil, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: Brazil, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: Brazil, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Middle East, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Middle East, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Middle East, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Africa, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Africa, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Africa, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: China Petroleum & Chemical Corporation Financial Performance

Table 78: Exxon Mobil Corporation Financial Performance

Table 79: Royal Dutch Shell plc Financial Performance

Table 80: TotalEnergies SE Financial Performance

Table 81: Chevron Corporation Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Connected Oilfield Market, Sub-Segmentation Of Hardware, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Connected Oilfield Market, Sub-Segmentation Of Software And Service, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Connected Oilfield Market, Sub-Segmentation Of Data Storage Solutions, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Connected Oilfield Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Connected Oilfield Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Asia-Pacific, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Asia-Pacific, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Asia-Pacific, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: China, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: China, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: China, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: India, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: India, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: India, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: Japan, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: Japan, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: Japan, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Australia, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Australia, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Australia, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Indonesia, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Indonesia, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Indonesia, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: South Korea, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: South Korea, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: South Korea, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: Western Europe, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: Western Europe, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: Western Europe, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: UK, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: UK, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: UK, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: Germany, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: Germany, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: Germany, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: France, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: France, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: France, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: Italy, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: Italy, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: Italy, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Spain, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Spain, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Spain, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Eastern Europe, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Eastern Europe, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Eastern Europe, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Russia, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Russia, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Russia, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: North America, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: North America, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: North America, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: USA, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: USA, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: USA, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: Canada, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: Canada, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: Canada, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: South America, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: South America, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: South America, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: Brazil, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: Brazil, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: Brazil, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Middle East, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Middle East, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Middle East, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Africa, Connected Oilfield Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Africa, Connected Oilfield Market, Segmentation By Processes, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Africa, Connected Oilfield Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: China Petroleum & Chemical Corporation Financial Performance

Figure 78: Exxon Mobil Corporation Financial Performance

Figure 79: Royal Dutch Shell plc Financial Performance

Figure 80: TotalEnergies SE Financial Performance

Figure 81: Chevron Corporation Financial Performance

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Frequently Asked Questions

What is the definition of the Connected Oilfield market?

How will the Connected Oilfield market drivers and restraints affect the market dynamics? What forces will shape the Connected Oilfield industry going forward?

The Connected Oilfield market major growth driver - Surging Oil And Gas Exploration Fuels Connected Oilfield Market.. For further insights on the Connected Oilfield market, request a sample here

What is the forecast market size or the forecast market value of the Connected Oilfield market?

The Connected Oilfield market size has grown strongly in recent years. The connected oilfield market size has grown strongly in recent years. It will grow from $26.5 billion in 2024 to $28.31 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to evolution of communication networks, adoption of supervisory control and data acquisition (SCADA) systems, growth of data analytics, safety and risk management, energy transition. The connected oilfield market size is expected to see strong growth in the next few years. It will grow to $34.9 billion in 2029 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to demand for operational efficiency, data-driven decision making, regulatory compliance, remote workforce management, supply chain optimization. Major trends in the forecast period include integration of digital twins, enhanced cybersecurity measures, remote operations optimization, hybrid connectivity solutions. For further insights on the Connected Oilfield market, request a sample here

How is the Connected Oilfield market segmented?

The connected oilfield market covered in this report is segmented –
1) By Solution: Hardware, Software And Service, Data Storage Solutions
2) By Processes: Reservoir, Production, Drilling Optimizations, Safety Management
3) By Application: On Shore, Off Shore Subsegments:
1) By Hardware: Sensors, Actuators, Communication Equipment, Remote Monitoring Devices, Other Hardware Components
2) By Software And Service: Data Analytics Software, Asset Management Software, Visualization Software, Monitoring And Control Software, Other Software Solutions, Consulting Services, Integration Services, Maintenance And Support Services, Managed Services
3) By Data Storage Solutions: Cloud Storage, On-Premises Storage, Hybrid Storage Solutions For further insights on the Connected Oilfield market, request a sample here

Which region has the largest share of the Connected Oilfield market? What are the other regions covered in the report?

North America was the largest region in the connected oilfield market in 2024. The regions covered in the connected oilfield market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the Connected Oilfield market, request a sample here.

Who are the major players in the Connected Oilfield market?

What are the key trends in the Connected Oilfield market?

Major trends in the Connected Oilfield market include Digital Oilfield Solutions Transforming Upstream Operations For Efficiency And Innovation. For further insights on the Connected Oilfield market, request a sample here.

What are the major opportunities in the Connected Oilfield market? What are the strategies for the Connected Oilfield market?

For detailed insights on the major opportunities and strategies in the Connected Oilfield market, request a sample here.

How does the Connected Oilfield market relate to the overall economy and other similar markets?

For detailed insights on Connected Oilfield's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the Connected Oilfield industry?

For detailed insights on the mergers and acquisitions in the Connected Oilfield industry, request a sample here.

What are the key dynamics influencing the Connected Oilfield market growth? SWOT analysis of the Connected Oilfield market.

For detailed insights on the key dynamics influencing the Connected Oilfield market growth and SWOT analysis of the Connected Oilfield industry, request a sample here.