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Middle East & Africa Digital Oilfield Market Share

Report ID: GMI8714
Published Date: Mar 2024
Report Format: PDF

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Middle East & Africa Digital Oilfield Market Share

Saudi Aramco maintains a leading position in the Middle East & Africa digital oilfield sector, leveraging its extensive operations, cutting-edge technological investments, and strategic alliances. Renowned for spearheading digital solutions, Aramco continuously pioneers innovation, enhancing efficiency within the region's oil and gas industry. Its comprehensive approach to digitalization solidifies its dominance, facilitating the seamless integration of advanced technologies and ensuring sustained growth and competitiveness in the market.

Middle East & Africa Digital Oilfield Market Companies

Some of the key participants operating across the Middle East & Africa digital oilfield industry are:

ABB
Aviat Networks, Inc.
Accenture
CGG
Caterpillar
Cisco Systems, Inc.
Digi International Inc.
EDG, Inc.
Emerson Electric Co.
General Electric
Honeywell International Inc.
Halliburton
Infosys Limited
Intel Corporation
Rockwell Automation
Saudi Arabian Oil Company (Saudi Aramco)
Schneider Electric
Siemens
SLB
Weatherford
Wipro

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of Middle East & Africa digital oilfield was reached USD 4.8 billion in 2023 and is projected to record a CAGR of 6.4% through 2032, supported by increasing investments in digital technologies by oil & gas companies.

Middle East & Africa onshore digital oilfield market is estimated to grow at a rate of over 6.5% through 2032, as advanced solutions such as IoT sensors, data analytics, and automation are enhancing operational efficiency, optimizing production, and reducing costs in onshore operations.

Saudi Arabia digital oilfield market value is projected to surpass USD 2.5 billion by 2032, backed by advancements in technology, such as IoT sensors, data analytics, and AI, enabling real-time monitoring and optimization of oilfield operations.

ABB, Aviat Networks, Inc., Accenture, CGG, Caterpillar, Cisco Systems, Inc., Digi International Inc., EDG, Inc., Emerson Electric Co., General Electric, Honeywell International Inc., Halliburton, Infosys Limited, and Intel Corporation.