Digital Oilfield Market Set for Rapid Growth by 2023: Top Companies Siemens, Honeywell, Schlumberger, Weatherford, Halliburton
The global digital oil field market, by application, has been segmented into onshore and offshore, with the onshore segment growing at a faster pace. The complexity in deepwater drilling, along with the increasing adoption of digital oilfield techniques in regions such as the Middle East, and North America, where the maximum of the oilfields are located onshore, are expected to drive the onshore segment. Thus, the increasing production activities in these regions and reduction of non-productive time is expected to...
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