Oilfield Communications Market by Component, Communication Network (VSAT Communication Network, Fiber Optic-based Communication Network, Microwave Communication Network), Field Site, Application, and Region - Global Forecast to 2025
[248 Pages Report] The oilfield communications market is projected to grow from USD 3.4 billion in 2020 to USD 4.5 billion by 2025, at a CAGR of 5.5% during the forecast period. Various factors such as incrasing investments in enhancing netwok infrastructure, growing demand from oil and gas operators to scale the production of mature oilfields, and rising technological advancements for communication across oilfields are expected to drive the adoption of the oilfield communications market.
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COVID-19 Impact on Global Oilfield Communications Market
Businesses providing oilfield communications solutions and services are expected to witness a significant decline in their growth for a short span of time due to COVID-19 pandemic led global lockdown. The oil and gas industry is also facing a crisis due to an oil price war. The pandemic might result in inefficient companies facing liquidity crisis situations, healthier companies diversifying their businesses and changing their business models, and companies facing the shortage of skilled workforce when the market rebounds due to layoffs during the lockdown. The oil and gas industry is expected to face two scenarios: sudden travel interruptions and a longer-term demand decline caused by an economic downturn, and a rise in telecommuting, and the accelerating shift to greener energy sources.
Market Dynamics
Driver: Increasing investments in enhancing network infrastructure
For several decades, the oil and gas industry has relied on its own telecommunications networks. These privately owned, privately maintained networks are used to manage day-to-day operations and coordinate emergency services in times of crisis. Many of today’s mission-critical networks face a 2-fold challenge. First, there is the need to modernize. Present-day requirements such as real-time data, sophisticated control and monitoring closer to the network edge, and high-level security place new demands on infrastructure and exceed what narrowband networks can support. Second is the need to ensure quality communication. Oil and gas field communications require reliable and resilient, and high-capacity wireless networks that operate over large areas under extreme environmental conditions.
Restraint: Cybersecurity risks
For years, cyber attackers have targeted crude oil and gas companies with sophisticated attacks as the industry employs connected technologies such as Internet of Things (IoT) and Artificial Intelligence (AI). The different areas of the oil and gas business carry different risks and demand different strategies. Among the upstream operations, development drilling and production have the highest cyber risk profiles; while seismic imaging has a relatively lower risk profile. The growing business needs to digitize, eStore, and feed seismic data into other disciplines can raise its risk profile in the future. Apart from the upstream industry’s critical infrastructure status, complex computation, networking, and physical operational processes spread around the world make the industry highly vulnerable to cyberattacks.
Opportunity: 5G to be a critical enabler in the digitalization for oilfield communications
The rapid adoption of 4G wireless communication technology and the evolution of 5G standards to cover industrial use cases would bring more significant opportunities for deploying private Long-Term Evolution (LTE) and 5G networks in the oil and gas industry. Uncertainty still reigns when it comes to 5G adoption plans in the oil and gas industry. However, it is already clear that for oil and gas players, 5G would become a real competitive advantage in the near future. Efficiency and agility in oil E&P are becoming a necessity, and this is driving ambitious digital initiatives in the E&P part of the oil value chain. 5G benefits such as Ultra-Reliable Low-Latency Communication (URLLC), Massive Machine Type Communication (MMTC), and enhanced Mobile Broadband (eMBB) would be possible through the 5G technology.
Challenge: Oil price instability, reduce oil demand and supply chain distruptions due to COVID-19
The COVID-19 pandemic has slowed the growth of the oil and gas industry. The global expansion of this pandemic has brought down the demand and price of oil. Due to COVID-19 pandemic 212 countries were impacted, and many governments ordered nationwide lockdowns. This has resulted in a considerable decline in transportation and related activities, which has impacted the demand for oil and gas. IEA reported that oil demand would decrease by 23.1 million BPD in the second quarter of 2020.
The microwave communication network segment to grow at the highest CAGR during the forecast period
The oilfield communications market by communication network has been segmented into Very Small Aperture Terminal (VSAT) communication network, TErrestrial Trunked RAdio (TETRA)network, cellular communication network, fiber optic-based communication network, and microwave communication network. The VSAT communication network egment is expected to hold the highest market share during the forecast period. VSAT communication network enables high-speed data access and telephone and video conferencing, which support remote crews to stay connected to their counterparts and ensure continuous operation.
Among field site, the onshore segment to hold at a higher market size during the forecast period
The oilfield communications market is segmented on the basis of field site into onshore and offshore. The complexity in deepwater drilling, along with the increasing adoption of oilfield communications techniques in regions, such as the Middle East and North America, where the maximum oilfields are located onshore, are expected to drive the onshore segment. The offshore segment is expected grow at a higher CAGR during the forecast period. .
Middle East and Africa (MEA) to grow at the highest CAGR during the forecast period
Europe is expected to hold the largest market size in the global oilfield communications market, while Middle East and Africa (MEA) is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the increasing number of oil refineries and numerous exploration activities across the region. Countries in MEA region have several exploration sites, rigs, and refineries, with complex control systems distributed in different areas that would drive the growth of the oilfield communications market.
Key Market Players
The oilfield communications vendors have implemented various types of organic as well as inorganic growth strategies, such as new product launches, product upgradations, partnerships and agreements, business expansions, and mergers and acquisitions to strengthen their offerings in the market. The major vendors in the global oilfield communications market include include Huawei (China), Siemens (Germany), Hitachi ABB Power Grids (Switzerland),Speedcast (Australia),Weatherford (US), Ceragon (US), RigNet (US), Hughes (US), Redline Communications (Canada), MR Control Systems (Canada), Tait Communications (New Zealand), Honeywell (US), Intel (US), GE Digital (US), PTC (US), Commtel (India), MoStar Communications (US), DAMM Cellular Systems (Denmark), BlueJeans (US), Nesh (US), Sensia (US), Ondaka (US), Sensalytx (UK), and WellAware (US). The study includes an in-depth competitive analysis of these key players in the oilfield communications market with their company profiles, recent developments, and key market strategies.
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|
Report Metric |
Details |
|
Market size available for years |
2014–2025 |
|
Base year considered |
2019 |
|
Forecast period |
2020–2025 |
|
Forecast units |
USD Million |
|
Segments covered |
Component, Communication Network, Application, Field site, and Region |
|
Geographies covered |
North America, Europe, APAC, Latin America, and MEA |
|
Companies covered |
Huawei (China), Siemens (Germany), Hitachi ABB Power Grids (Switzerland), Speedcast(Australia), Weatherford (US), Ceragon (US), RigNet (US), Hughes (US), Redline Communications (Canada), MR Control Systems (Canada), Tait Communications (New Zealand), Honeywell (US), Intel (US), GE Digital (US), PTC (US), Commtel (India), MoStar Communications (US), DAMM Cellular Systems (Denmark), BlueJeans (US), Nesh (US), Sensia (US), Ondaka (US), Sensalytx (UK), and WellAware (US). |
This research report categorizes the oilfield communications market based on components, communication network, application, field site, and regions.
By component:
- Solutions
- Services
- Professional Services
- Managed Services
By communication network:
- VSAT Communication Network
- TETRA Communication Network
- Cellular Communication Network
- Fiber Optic-based Communication Network
- Microwave Communication Network
By application:
- Upstream
- Midstream
- Downstream
By field site:
- Onshore
- Offshore
By region:
- North America
- US
- Canada
- Europe
- UK
- Norway
- Russia
- Rest of Europe
- APAC
- China
- Malaysia
- India
- Rest of APAC
- MEA
- Middle East
- Africa
- Latin America
- Brazil
- Mexico
- Rest of Latin America
Recent Developments:
- In July 2020, Siemens announced a five-year extension of its partnership with Atos. The aim is to accelerate Siemens’ digital objectives in the areas of services modernization and digitalization, data-driven digital, cloud transformation, and cybersecurity.
- In July 2020, Speedcast signed a new contract with Intelsat. Under the new multi-year contract, Speedcast will leverage the unparalleled reach and reliability of Intelsat’s global connectivity infrastructure and innovative service offerings to support Speedcast’s customer operations across the energy, maritime, cruise, mining, enterprise, media, humanitarian, and government sectors.
- In July 2020, Weatherford remotely installed a liner hanger on the Russian offshore platform during the COVID-19 lockdown. Remote training and monitoring procedures enabled the successful installation of the liner hanger system, cementing products, and tubular running services.
- In June 2020, Huawei launched Contact Shield API for COVID-19 contact tracing. It utilizes the BLE technology to detect nearby devices, exchange data with detected devices, and record contacts with user information anonymized.
- In October 2019, Weatherford signed two contracts, totaling USD 67.4 million, for drilling services with two major operators in Russia. The first contract spans two-and-a-half years. Operations began in July 2019 and would last through the end of 2022. The second contract is a three-year drilling services contract. Operations are expected to begin in early 2020.
- In September 2019, Speedcast has been awarded a new contract to add Crew Wi-Fi. Speedcast has been awarded a new contract to add Crew Wi-Fi to its fully managed communications services to onboard Stena Drilling’s global fleet. Stena Drilling is one of the world’s leading drilling contractors.
- In April 2019, Ceragon collaborated with NEC Corporation. Ceragon collaborated with NEC Corporation to expand its 5G wireless backhaul business globally. This collaboration will further develop and provide more attractive technologies for communications service providers.
- In December 2018, Hitachi signed an agreement with ABB to acquire its Power Grids business. Hitachi plans to initially acquire an 80.1% stake in Power Grids business and expects to close the acquisition in the first half of 2020, making Power Grids a consolidated subsidiary of Hitachi.
Frequently Asked Questions (FAQ):
What is oilfield communications?
According to Hitachi ABB Power Grids, oilfield communications require reliable and resilient, high-capacity wireless networks that operate over large areas under extreme environmental conditions. A single network should simultaneously support a range of fixed and mobile oil and gas Exploration and Production (E&P) applications, such as Supervisory Control and Data Acquisition (SCADA), real-time video feeds and surveillance, security and surveillance systems, drill rig communications and diagnostics, asset tracking, field workforce connectivity, and voice.
Oilfield communications are defined as the technology used to gather data and information from field sites and transmit it through communication networks, as required by the oil and gas industry.
Which countries are considered in the European region?
The report includes an analysis of the UK, Norway, and Russia in the European region.
Which are communication network adopted by oil and gas industry?
Communication network adopted by oil and gas industry includes VSAT communication network, TETRA communication network, cellular communication network, fiber optic-based communication network, and microwave communication network.
Which are the key opportunities supporting the growth of the oilfield communications market?
The rapid adoption of 5G for oilfield communications and offshore oil production and ultra-deep-water drilling discoveries are the key opportunities supporting the market growth.
Who are the key vendors in the oilfield communications market?
The key vendors operating in the oilfield communications market include Huawei, Siemens, Hitachi ABB Power Grids, Speedcast, and Weatherford. These vendors have adopted different types of organic and inorganic growth strategies such as new product launches, product enhancements, partnerships, and mergers and acquisitions. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 23)
1.1 INTRODUCTION TO COVID-19
1.2 COVID-19 HEALTH ASSESSMENT
FIGURE 1 COVID-19: GLOBAL PROPAGATION
FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES
1.3 COVID-19 ECONOMIC ASSESSMENT
FIGURE 3 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020
1.3.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT
FIGURE 4 CRITERIA IMPACTING GLOBAL ECONOMY
FIGURE 5 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY
1.4 OBJECTIVES OF THE STUDY
1.5 MARKET DEFINITION
1.5.1 INCLUSIONS AND EXCLUSIONS
1.6 MARKET SCOPE
1.6.1 MARKET SEGMENTATION
1.6.2 REGIONS COVERED
1.6.3 YEARS CONSIDERED FOR STUDY
1.7 CURRENCY CONSIDERED
TABLE 1 UNITED STATES DOLLAR EXCHANGE RATE, 2017–2019
1.8 STAKEHOLDERS
1.9 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 33)
2.1 RESEARCH DATA
FIGURE 6 OILFIELD COMMUNICATIONS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
TABLE 2 PRIMARY INTERVIEWS
2.1.2.1 Breakup of primary profiles
2.1.2.2 Key industry insights
2.2 MARKET BREAKUP AND DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.3 MARKET SIZE ESTIMATION
FIGURE 8 OILFIELD COMMUNICATIONS MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES
2.3.1 TOP-DOWN APPROACH
2.3.2 BOTTOM-UP APPROACH
FIGURE 9 MARKET SIZE ESTIMATION METHODOLOGY ̶ APPROACH 1 (SUPPLY SIDE): REVENUE OF SOLUTIONS/SERVICES OF THE MARKET
FIGURE 10 MARKET SIZE ESTIMATION METHODOLOGY ̶ APPROACH 2 BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE OF ALL SOLUTIONS/SERVICES OF THE MARKET
FIGURE 11 MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 3—BOTTOM-UP (DEMAND SIDE): SHARE OF OILFIELD COMMUNICATIONS THROUGH OVERALL OILFIELD COMMUNICATIONS SPENDING
2.4 MARKET FORECAST
TABLE 3 FACTOR ANALYSIS
2.5 COMPANY EVALUATION MATRIX METHODOLOGY
FIGURE 12 COMPANY EVALUATION MATRIX: CRITERIA WEIGHTAGE
2.6 ASSUMPTIONS FOR THE STUDY
2.7 LIMITATIONS OF THE STUDY
2.8 IMPLICATIONS OF COVID-19 ON THE MARKET
3 EXECUTIVE SUMMARY (Page No. - 48)
TABLE 4 GLOBAL OILFIELD COMMUNICATIONS MARKET SIZE AND GROWTH RATE, 2014–2019 (USD MILLION, Y-O-Y%)
TABLE 5 GLOBAL MARKET SIZE AND GROWTH RATE, 2019–2025 (USD MILLION, Y-O-Y%)
FIGURE 13 SOLUTIONS SEGMENT TO HOLD A LARGER MARKET SIZE IN 2020
FIGURE 14 PROFESSIONAL SERVICES SEGMENT TO HOLD A HIGHER MARKET SHARE IN 2020
FIGURE 15 VSAT COMMUNICATION NETWORK SEGMENT TO HOLD THE LARGEST MARKET SIZE IN 2020
FIGURE 16 ONSHORE FIELD SITE SEGMENT TO HOLD A HIGHER MARKET SHARE IN 2020
FIGURE 17 UPSTREAM APPLICATION SEGMENT TO HOLD THE HIGHEST MARKET SHARE IN 2020
FIGURE 18 MIDDLE EAST AND AFRICA TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
4 PREMIUM INSIGHTS (Page No. - 53)
4.1 ATTRACTIVE OPPORTUNITIES IN THE OILFIELD COMMUNICATIONS MARKET
FIGURE 19 INCREASING INVESTMENTS TO ENHANCE NETWORK INFRASTRUCTURE AND GROWING DEMAND TO SCALE PRODUCTION OF MATURE OILFIELDS AND RESERVOIRS TO DRIVE MARKET GROWTH
4.2 MARKET, BY APPLICATION
FIGURE 20 MIDSTREAM APPLICATION SEGMENT TO GROW AT THE HIGHEST CAGR IN THE MARKET FROM 2020 TO 2025
4.3 MARKET, BY REGION
FIGURE 21 EUROPE TO HOLD THE HIGHEST SHARE IN THE MARKET IN 2020
4.4 MARKET, FIELD SITE AND TOP THREE COMMUNICATION NETWORKS
FIGURE 22 ONSHORE FIELD SITE AND VSAT COMMUNICATION NETWORK SEGMENTS TO HOLD HIGH SHARES IN THE MARKET IN 2020
5 MARKET OVERVIEW AND INDUSTRY TRENDS (Page No. - 56)
5.1 INTRODUCTION
5.2 OILFIELD COMMUNICATIONS: EVOLUTION
FIGURE 23 EVOLUTION OF THE OILFIELD COMMUNICATIONS MARKET
5.3 OILFIELD COMMUNICATIONS: ARCHITECTURE
FIGURE 24 MARKET ARCHITECTURE
5.4 MARKET DYNAMICS
FIGURE 25 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: MARKET
5.4.1 DRIVERS
5.4.1.1 Rising technological advancements for communication across oilfields
5.4.1.2 Increasing investment in enhancing network infrastructure
5.4.1.3 Growing demand from oil and gas operators to scale the production of mature oilfields and reservoirs
5.4.2 RESTRAINTS
5.4.2.1 Concern over the declining price of crude oil
5.4.2.2 Cybersecurity risks
5.4.3 OPPORTUNITIES
5.4.3.1 5G to be a critical enabler in the digitalization for oilfield communications
5.4.3.2 Offshore oil production and ultra-deep-water drilling discoveries
5.4.4 CHALLENGES
5.4.4.1 Lack of real-time visibility into complex oil and gas operations
5.4.4.2 Massive skill shortage due to the shrinking pool of qualified technical personnel
5.4.4.3 Oil price instability, reduced oil demand and supply chain disruptions due to COVID-19
5.4.5 CUMULATIVE GROWTH ANALYSIS
5.5 OILFIELD COMMUNICATIONS: ECOSYSTEM
FIGURE 26 OILFIELD COMMUNICATIONS MARKET ECOSYSTEM
5.6 CASE STUDY ANALYSIS
5.6.1 INDIA’S OIL COMPANIES SELECTED HUGHES’ SOLUTION TO AUTOMATE RETAIL NETWORKING
5.6.2 PETROLEUM DEVELOPMENT OMAN DEPLOYED SIEMENS’ NETWORK DESIGN AND INTEGRATED SOLUTION
5.6.3 GAS OPERATOR SELECTED HONEYWELL TO IMPLEMENT WELL AND FIELD EXCEPTION-BASED SURVEILLANCE
5.6.4 TASNEE ADOPTED GE DIGITAL ASSET PERFORMANCE MANAGEMENT SOLUTION
5.6.5 PETROLEUM DEVELOPMENT OMAN SELECTED REDLINE COMMUNICATION FOR ADVANCED DRILLING AND PRODUCTION
5.6.6 YPF DEPLOYED PTC KEPWARE SERVER TO OPTIMIZE COMMUNICATION AND DATA CONNECTIVITY
5.7 OILFIELD COMMUNICATIONS MARKET: COVID-19 IMPACT
FIGURE 27 MARKET TO WITNESS SIGNIFICANT DECLINE IN GROWTH IN 2020
5.8 PATENT ANALYSIS
5.8.1 TELECOMMUNICATIONS PATENTS BY APPLICATION FIELD
5.9 VALUE CHAIN ANALYSIS
FIGURE 28 VALUE CHAIN ANALYSIS
5.10 TECHNOLOGY ANALYSIS
5.10.1 5G AND OILFIELD COMMUNICATIONS
5.10.2 ARTIFICIAL INTELLIGENCE AND OILFIELD COMMUNICATIONS
5.10.3 MACHINE LEARNING AND OILFIELD COMMUNICATIONS
5.10.4 INTERNET OF THINGS AND OILFIELD COMMUNICATIONS
5.10.5 INDUSTRY 4.0 AND OILFIELD COMMUNICATIONS
5.10.6 BIG DATA ANALYTICS AND OILFIELD COMMUNICATIONS
5.11 PRICING ANALYSIS
6 OILFIELD COMMUNICATIONS MARKET, BY COMPONENT (Page No. - 76)
6.1 INTRODUCTION
6.1.1 COMPONENTS: MARKET DRIVERS
6.1.2 COMPONENTS: COVID-19 IMPACT
FIGURE 29 SERVICES SEGMENT TO REGISTER A HIGHER CAGR DURING THE FORECAST PERIOD
TABLE 6 MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 7 MARKET SIZE, BY COMPONENT, 2019–2025 (USD MILLION)
6.2 SOLUTIONS
TABLE 8 SOLUTIONS: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 9 SOLUTIONS: MARKET SIZE, BY REGION, 2019–2025 (USD MILLION)
6.3 SERVICES
FIGURE 30 MANAGED SERVICES SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
TABLE 10 OILFIELD COMMUNICATIONS MARKET SIZE, BY SERVICE, 2014–2019 (USD MILLION)
TABLE 11 MARKET SIZE, BY SERVICE, 2019–2025 (USD MILLION)
TABLE 12 SERVICES: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 13 SERVICES: MARKET SIZE, BY REGION, 2019–2025 (USD MILLION)
6.3.1 PROFESSIONAL SERVICES
TABLE 14 PROFESSIONAL SERVICES: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 15 PROFESSIONAL SERVICES: MARKET SIZE, BY REGION, 2019–2025 (USD MILLION)
6.3.2 MANAGED SERVICES
TABLE 16 MANAGED SERVICES: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 17 MANAGED SERVICES: MARKET SIZE, BY REGION, 2019–2025 (USD MILLION)
7 OILFIELD COMMUNICATIONS MARKET, BY COMMUNICATION NETWORK (Page No. - 85)
7.1 INTRODUCTION
7.1.1 COMMUNICATION NETWORK: MARKET DRIVERS
7.1.2 COMMUNICATION NETWORK: COVID-19 IMPACT
FIGURE 31 MICROWAVE COMMUNICATION NETWORK SEGMENT TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 18 MARKET SIZE, BY COMMUNICATION NETWORK, 2014–2019 (USD MILLION)
TABLE 19 MARKET SIZE, BY COMMUNICATION NETWORK, 2019–2025 (USD MILLION)
7.2 VSAT COMMUNICATION NETWORK
TABLE 20 VSAT COMMUNICATION NETWORK: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 21 VSAT COMMUNICATION NETWORK: MARKET SIZE, BY REGION, 2019–2025 (USD MILLION)
7.3 TETRA NETWORK
TABLE 22 TETRA NETWORK: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 23 TETRA NETWORK: MARKET SIZE, BY REGION, 2019–2025 (USD MILLION)
7.4 CELLULAR COMMUNICATION NETWORK
TABLE 24 CELLULAR COMMUNICATION NETWORK: OILFIELD COMMUNICATIONS MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 25 CELLULAR COMMUNICATION NETWORK: MARKET SIZE, BY REGION, 2019–2025 (USD MILLION)
7.5 FIBER OPTIC-BASED COMMUNICATION NETWORK
TABLE 26 FIBER OPTIC-BASED COMMUNICATION NETWORK: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 27 FIBER OPTIC-BASED COMMUNICATION NETWORK: MARKET SIZE, BY REGION, 2019–2025 (USD MILLION)
7.6 MICROWAVE COMMUNICATION NETWORK
TABLE 28 MICROWAVE COMMUNICATION NETWORK: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 29 MICROWAVE COMMUNICATION NETWORK: MARKET SIZE, BY REGION, 2019–2025 (USD MILLION)
8 OILFIELD COMMUNICATIONS MARKET, BY FIELD SITE (Page No. - 96)
8.1 INTRODUCTION
8.1.1 FIELD SITE: MARKET DRIVERS
8.1.2 FIELD SITE: COVID-19 IMPACT
FIGURE 32 OFFSHORE SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
TABLE 30 MARKET SIZE, BY FIELD SITE, 2014–2019 (USD MILLION)
TABLE 31 MARKET SIZE, BY FIELD SITE, 2019–2025 (USD MILLION)
8.2 ONSHORE
TABLE 32 ONSHORE: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 33 ONSHORE: MARKET SIZE, BY REGION, 2019–2025 (USD MILLION)
8.3 OFFSHORE
TABLE 34 OFFSHORE: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 35 OFFSHORE: MARKET SIZE, BY REGION, 2019–2025 (USD MILLION)
9 OILFIELD COMMUNICATIONS MARKET, BY APPLICATION (Page No. - 101)
9.1 INTRODUCTION
9.1.1 APPLICATIONS: MARKET DRIVERS
9.1.2 APPLICATIONS: COVID-19 IMPACT
FIGURE 33 MIDSTREAM APPLICATION SEGMENT TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 36 MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 37 MARKET SIZE, BY APPLICATION, 2019–2025 (USD MILLION)
9.2 UPSTREAM APPLICATION
TABLE 38 UPSTREAM APPLICATION: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 39 UPSTREAM APPLICATION: MARKET SIZE, BY REGION, 2019–2025 (USD MILLION)
9.3 MIDSTREAM APPLICATION
TABLE 40 MIDSTREAM APPLICATION: OILFIELD COMMUNICATIONS MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 41 MIDSTREAM APPLICATION: MARKET SIZE, BY REGION, 2019–2025 (USD MILLION)
9.4 DOWNSTREAM APPLICATION
TABLE 42 DOWNSTREAM APPLICATION: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 43 DOWNSTREAM APPLICATION: MARKET SIZE, BY REGION,2019–2025 (USD MILLION)
10 OILFIELD COMMUNICATIONS MARKET, BY REGION (Page No. - 108)
10.1 INTRODUCTION
FIGURE 34 MIDDLE EAST TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 44 TOP OIL PRODUCING COUNTRIES
TABLE 45 TOP OIL CONSUMING COUNTRIES
FIGURE 35 MIDDLE EAST AND AFRICA TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 46 MARKET SIZE, BY REGION,2014–2019 (USD MILLION)
TABLE 47 MARKET SIZE, BY REGION, 2019–2025 (USD MILLION)
10.2 NORTH AMERICA
10.2.1 NORTH AMERICA: OILFIELD COMMUNICATIONS MARKET DRIVERS
10.2.2 NORTH AMERICA: COVID-19 IMPACT
10.2.3 NORTH AMERICA: REGULATIONS
10.2.3.1 Health Insurance Portability and Accountability Act of 1996
10.2.3.2 Federal Energy Regulatory Commission
10.2.3.3 Canada Energy Regulator Act of 1959
10.2.3.4 United States Department of Transportation
TABLE 48 NORTH AMERICA: MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 49 NORTH AMERICA: MARKET SIZE, BY COMPONENT, 2019–2025 (USD MILLION)
TABLE 50 NORTH AMERICA: MARKET SIZE, BY SERVICE, 2014–2019 (USD MILLION)
TABLE 51 NORTH AMERICA: MARKET SIZE, BY SERVICE, 2019–2025 (USD MILLION)
TABLE 52 NORTH AMERICA: MARKET SIZE, BY COMMUNICATION NETWORK, 2014–2019 (USD MILLION)
TABLE 53 NORTH AMERICA: MARKET SIZE, BY COMMUNICATION NETWORK, 2019–2025 (USD MILLION)
TABLE 54 NORTH AMERICA: OILFIELD COMMUNICATIONS MARKET SIZE, BY FIELD SITE, 2014–2019 (USD MILLION)
TABLE 55 NORTH AMERICA: MARKET SIZE, BY FIELD SITE, 2019–2025 (USD MILLION)
TABLE 56 NORTH AMERICA: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 57 NORTH AMERICA: MARKET SIZE, BY APPLICATION, 2019–2025 (USD MILLION)
TABLE 58 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2014–2019 (USD MILLION)
TABLE 59 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2019–2025 (USD MILLION)
10.2.4 UNITED STATES
TABLE 60 UNITED STATES: OILFIELD COMMUNICATIONS MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 61 UNITED STATES: MARKET SIZE, BY COMPONENT, 2019–2025 (USD MILLION)
TABLE 62 UNITED STATES: MARKET SIZE, BY FIELD SITE, 2014–2019 (USD MILLION)
TABLE 63 UNITED STATES: MARKET SIZE, BY FIELD SITE, 2019–2025 (USD MILLION)
10.2.5 CANADA
TABLE 64 CANADA: OILFIELD COMMUNICATIONS MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 65 CANADA: MARKET SIZE, BY COMPONENT, 2019–2025 (USD MILLION)
TABLE 66 CANADA: MARKET SIZE, BY FIELD SITE, 2014–2019 (USD MILLION)
TABLE 67 CANADA: MARKET SIZE, BY FIELD SITE, 2019–2025 (USD MILLION)
10.3 EUROPE
10.3.1 EUROPE: MARKET DRIVERS
10.3.2 EUROPE: COVID-19 IMPACT
10.3.3 EUROPE: REGULATIONS
10.3.3.1 Gas Coordination Group
10.3.3.2 Standards policy and strategy committee
10.3.3.3 Pipeline safety regulations 1996
10.3.3.4 Safety of offshore and oil and gas operations directive
10.3.3.5 Petroleum safety authority
10.3.3.6 European Committee for Standardization
10.3.3.7 European Technical Standards Institute
FIGURE 36 EUROPE: MARKET SNAPSHOT
TABLE 68 EUROPE: OILFIELD COMMUNICATIONS MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 69 EUROPE: MARKET SIZE, BY COMPONENT, 2019–2025 (USD MILLION)
TABLE 70 EUROPE: MARKET SIZE, BY SERVICE, 2014–2019 (USD MILLION)
TABLE 71 EUROPE: MARKET SIZE, BY SERVICE, 2019–2025 (USD MILLION)
TABLE 72 EUROPE: MARKET SIZE, BY COMMUNICATION NETWORK, 2014–2019 (USD MILLION)
TABLE 73 EUROPE: MARKET SIZE, BY COMMUNICATION NETWORK, 2019–2025 (USD MILLION)
TABLE 74 EUROPE: MARKET SIZE, BY FIELD SITE, 2014–2019 (USD MILLION)
TABLE 75 EUROPE: MARKET SIZE, BY FIELD SITE, 2019–2025 (USD MILLION)
TABLE 76 EUROPE: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 77 EUROPE: MARKET SIZE, BY APPLICATION, 2019–2025 (USD MILLION)
TABLE 78 EUROPE: MARKET SIZE, BY COUNTRY, 2014–2019 (USD MILLION)
TABLE 79 EUROPE: MARKET SIZE, BY COUNTRY, 2019–2025 (USD MILLION)
10.3.4 UNITED KINGDOM
TABLE 80 UNITED KINGDOM: OILFIELD COMMUNICATIONS MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 81 UNITED KINGDOM: MARKET SIZE, BY COMPONENT, 2019–2025 (USD MILLION)
TABLE 82 UNITED KINGDOM: MARKET SIZE, BY FIELD SITE, 2014–2019 (USD MILLION)
TABLE 83 UNITED KINGDOM: MARKET SIZE, BY FIELD SITE, 2019–2025 (USD MILLION)
10.3.5 RUSSIA
TABLE 84 RUSSIA: OILFIELD COMMUNICATIONS MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 85 RUSSIA: MARKET SIZE, BY COMPONENT, 2019–2025 (USD MILLION)
TABLE 86 RUSSIA: MARKET SIZE, BY FIELD SITE, 2014–2019 (USD MILLION)
TABLE 87 RUSSIA: MARKET SIZE, BY FIELD SITE, 2019–2025 (USD MILLION)
10.3.6 NORWAY
TABLE 88 NORWAY: OILFIELD COMMUNICATIONS MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 89 NORWAY: MARKET SIZE, BY COMPONENT, 2019–2025 (USD MILLION)
TABLE 90 NORWAY: MARKET SIZE, BY FIELD SITE, 2014–2019 (USD MILLION)
TABLE 91 NORWAY: MARKET SIZE, BY FIELD SITE, 2019–2025 (USD MILLION)
10.3.7 REST OF EUROPE
10.4 ASIA PACIFIC
10.4.1 ASIA PACIFIC: MARKET DRIVERS
10.4.2 ASIA PACIFIC: COVID-19 IMPACT
10.4.3 ASIA PACIFIC: REGULATIONS
10.4.3.1 International Organization for Standardization 27001
10.4.3.2 The Oilfield (Regulations and Development Act), 1948
10.4.3.3 Oil and Gas Pipeline Protection Law, 2010
10.4.3.4 Petroleum and Natural Gas Regulatory Board Act, 2006
10.4.3.5 National Offshore Petroleum Safety and Environmental Management Authority
TABLE 92 ASIA PACIFIC: OILFIELD COMMUNICATIONS MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 93 ASIA PACIFIC: MARKET SIZE, BY COMPONENT, 2019–2025 (USD MILLION)
TABLE 94 ASIA PACIFIC: MARKET SIZE, BY SERVICE, 2014–2019 (USD MILLION)
TABLE 95 ASIA PACIFIC: MARKET SIZE, BY SERVICE, 2019–2025 (USD MILLION)
TABLE 96 ASIA PACIFIC: MARKET SIZE, BY COMMUNICATION NETWORK, 2014–2019 (USD MILLION)
TABLE 97 ASIA PACIFIC: MARKET SIZE, BY COMMUNICATION NETWORK, 2019–2025 (USD MILLION)
TABLE 98 ASIA PACIFIC: MARKET SIZE, BY FIELD SITE, 2014–2019 (USD MILLION)
TABLE 99 ASIA PACIFIC: MARKET SIZE, BY FIELD SITE, 2019–2025 (USD MILLION)
TABLE 100 ASIA PACIFIC: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 101 ASIA PACIFIC: MARKET SIZE, BY APPLICATION, 2019–2025 (USD MILLION)
TABLE 102 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2014–2019 (USD MILLION)
TABLE 103 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2019–2025 (USD MILLION)
10.4.4 CHINA
TABLE 104 CHINA: OILFIELD COMMUNICATIONS MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 105 CHINA: MARKET SIZE, BY COMPONENT, 2019–2025 (USD MILLION)
TABLE 106 CHINA: MARKET SIZE, BY FIELD SITE, 2014–2019 (USD MILLION)
TABLE 107 CHINA: MARKET SIZE, BY FIELD SITE, 2019–2025 (USD MILLION)
10.4.5 MALAYSIA
TABLE 108 MALAYSIA: OILFIELD COMMUNICATIONS MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 109 MALAYSIA: MARKET SIZE, BY COMPONENT, 2019–2025 (USD MILLION)
TABLE 110 MALAYSIA: MARKET SIZE, BY FIELD SITE, 2014–2019 (USD MILLION)
TABLE 111 MALAYSIA: MARKET SIZE, BY FIELD SITE, 2019–2025 (USD MILLION)
10.4.6 INDIA
TABLE 112 INDIA: OILFIELD COMMUNICATIONS MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 113 INDIA: MARKET SIZE, BY COMPONENT, 2019–2025 (USD MILLION)
TABLE 114 INDIA: MARKET SIZE, BY FIELD SITE, 2014–2019 (USD MILLION)
TABLE 115 INDIA: MARKET SIZE, BY FIELD SITE, 2019–2025 (USD MILLION)
10.4.7 REST OF ASIA PACIFIC
10.5 MIDDLE EAST AND AFRICA
10.5.1 MIDDLE EAST AND AFRICA: MARKET DRIVERS
10.5.2 MIDDLE EAST AND AFRICA: COVID-19 EFFECT
10.5.3 MIDDLE EAST AND AFRICA: REGULATIONS
10.5.3.1 Petroleum Pipelines Act
10.5.3.2 Gas Act 48 of 2001
FIGURE 37 MIDDLE EAST AND AFRICA: MARKET SNAPSHOT
TABLE 116 MIDDLE EAST AND AFRICA: OILFIELD COMMUNICATIONS MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 117 MIDDLE EAST AND AFRICA: MARKET SIZE, BY COMPONENT, 2019–2025 (USD MILLION)
TABLE 118 MIDDLE EAST AND AFRICA: MARKET SIZE, BY SERVICE, 2014–2019 (USD MILLION)
TABLE 119 MIDDLE EAST AND AFRICA: MARKET SIZE, BY SERVICE, 2019–2025 (USD MILLION)
TABLE 120 MIDDLE EAST AND AFRICA: MARKET SIZE, BY COMMUNICATION NETWORK, 2014–2019 (USD MILLION)
TABLE 121 MIDDLE EAST AND AFRICA: MARKET SIZE, BY COMMUNICATION NETWORK, 2019–2025 (USD MILLION)
TABLE 122 MIDDLE EAST AND AFRICA: OILFIELD COMMUNICATIONS MARKET SIZE, BY FIELD SITE, 2014–2019 (USD MILLION)
TABLE 123 MIDDLE EAST AND AFRICA: MARKET SIZE, BY FIELD SITE, 2019–2025 (USD MILLION)
TABLE 124 MIDDLE EAST AND AFRICA: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 125 MIDDLE EAST AND AFRICA: MARKET SIZE, BY APPLICATION, 2019–2025 (USD MILLION)
TABLE 126 MIDDLE EAST AND AFRICA: MARKET SIZE, BY SUB-REGION, 2014–2019 (USD MILLION)
TABLE 127 MIDDLE EAST AND AFRICA: MARKET SIZE, BY SUB-REGION, 2019–2025 (USD MILLION)
10.5.4 MIDDLE EAST
TABLE 128 MIDDLE EAST: OILFIELD COMMUNICATIONS MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 129 MIDDLE EAST: MARKET SIZE, BY COMPONENT, 2019–2025 (USD MILLION)
TABLE 130 MIDDLE EAST: MARKET SIZE, BY FIELD SITE, 2014–2019 (USD MILLION)
TABLE 131 MIDDLE EAST: MARKET SIZE, BY FIELD SITE, 2019–2025 (USD MILLION)
10.5.5 AFRICA
TABLE 132 AFRICA: OILFIELD COMMUNICATIONS MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 133 AFRICA: MARKET SIZE, BY COMPONENT, 2019–2025 (USD MILLION)
TABLE 134 AFRICA: MARKET SIZE, BY FIELD SITE, 2014–2019 (USD MILLION)
TABLE 135 AFRICA: MARKET SIZE, BY FIELD SITE, 2019–2025 (USD MILLION)
10.6 LATIN AMERICA
10.6.1 LATIN AMERICA: MARKET DRIVERS
10.6.2 LATIN AMERICA: COVID-19 IMPACT
10.6.3 LATIN AMERICA: REGULATIONS
10.6.3.1 Protecting Our Infrastructure of Pipelines and Enhancing Safety (PIPES) Act of 2016
10.6.3.2 Official Mexican Standard NOM-007-ASEA-2016
TABLE 136 LATIN AMERICA: OILFIELD COMMUNICATIONS MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 137 LATIN AMERICA: MARKET SIZE, BY COMPONENT, 2019–2025 (USD MILLION)
TABLE 138 LATIN AMERICA: MARKET SIZE, BY SERVICE, 2014–2019 (USD MILLION)
TABLE 139 LATIN AMERICA: MARKET SIZE, BY SERVICE, 2019–2025 (USD MILLION)
TABLE 140 LATIN AMERICA: MARKET SIZE, BY COMMUNICATION NETWORK, 2014–2019 (USD MILLION)
TABLE 141 LATIN AMERICA: OILFIELD COMUNICATIONS MARKET SIZE, BY COMMUNICATION NETWORK, 2019–2025 (USD MILLION)
TABLE 142 LATIN AMERICA: MARKET SIZE, BY FIELD SITE, 2014–2019 (USD MILLION)
TABLE 143 LATIN AMERICA: OILFIELD COMMUNICATIONS MARKET SIZE, BY FIELD SITE, 2019–2025 (USD MILLION)
TABLE 144 LATIN AMERICA: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 145 LATIN AMERICA: MARKET SIZE, BY APPLICATION, 2019–2025 (USD MILLION)
TABLE 146 LATIN AMERICA: MARKET SIZE, BY COUNTRY, 2014–2019 (USD MILLION)
TABLE 147 LATIN AMERICA: MARKET SIZE, BY COUNTRY, 2019–2025 (USD MILLION)
10.6.4 BRAZIL
TABLE 148 BRAZIL: OILFIELD COMMUNICATIONS MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 149 BRAZIL: MARKET SIZE, BY COMPONENT, 2019–2025 (USD MILLION)
TABLE 150 BRAZIL: MARKET SIZE, BY FIELD SITE, 2014–2019 (USD MILLION)
TABLE 151 BRAZIL: MARKET SIZE, BY FIELD SITE, 2019–2025 (USD MILLION)
10.6.5 MEXICO
TABLE 152 MEXICO: OILFIELD COMMUNICATIONS MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 153 MEXICO: MARKET SIZE, BY COMPONENT, 2019–2025 (USD MILLION)
TABLE 154 MEXICO: MARKET SIZE, BY FIELD SITE, 2014–2019 (USD MILLION)
TABLE 155 MEXICO: MARKET SIZE, BY FIELD SITE, 2019–2025 (USD MILLION)
10.6.6 REST OF LATIN AMERICA
11 COMPETITIVE LANDSCAPE (Page No. - 166)
11.1 OVERVIEW
11.2 MARKET EVALUATION FRAMEWORK
FIGURE 38 MARKET EVALUATION FRAMEWORK: PARTNERSHIPS AND EXPANSIONS FROM 2018 AND 2020
11.3 MARKET SHARE, 2020
FIGURE 39 HUAWEI TO LEAD THE OILFIELD COMMUNICATIONS MARKET IN 2020
11.4 HISTORIC REVENUE ANALYSIS OF KEY MARKET PLAYERS
FIGURE 40 REVENUE ANALYSIS OF KEY MARKET PLAYERS
11.5 KEY MARKET DEVELOPMENTS
11.5.1 NEW PRODUCT LAUNCHES AND PRODUCT ENHANCEMENTS
TABLE 156 NEW PRODUCT LAUNCHES AND PRODUCT ENHANCEMENTS, 2018–2020
11.5.2 BUSINESS EXPANSIONS
TABLE 157 BUSINESS EXPANSIONS, 2018-2019
11.5.3 MERGERS AND ACQUISITIONS
TABLE 158 MERGERS AND ACQUISITIONS, 2018–2019
11.5.4 PARTNERSHIPS, AGREEMENTS, CONTRACTS, AND COLLABORATIONS
TABLE 159 PARTNERSHIPS, AGREEMENTS, CONTRACTS, AND COLLABORATIONS, 2018–2020
11.6 COMPANY EVALUATION MATRIX DEFINITIONS AND METHODOLOGY
FIGURE 41 RANKING OF KEY PLAYERS, 2020
11.7 COMPANY EVALUATION MATRIX, 2020
11.7.1 STAR
11.7.2 EMERGING LEADER
11.7.3 PERVASIVE
11.7.4 PARTICIPANT
FIGURE 42 OILFIELD COMMUNICATIONS MARKET (GLOBAL), COMPANY EVALUATION MATRIX, 2020
12 COMPANY PROFILES (Page No. - 176)
12.1 INTRODUCTION
(Business Overview, Solutions & Services, Key Insights, Recent Developments, MnM View)*
12.2 HUAWEI
FIGURE 43 HUAWEI: COMPANY SNAPSHOT
12.3 SIEMENS
FIGURE 44 SIEMENS: COMPANY SNAPSHOT
12.4 SPEEDCAST
FIGURE 45 SPEEDCAST: COMPANY SNAPSHOT
12.5 HITACHI ABB POWER GRIDS
12.6 WEATHERFORD
FIGURE 46 WEATHERFORD: COMPANY SNAPSHOT
12.7 CISCO
FIGURE 47 CISCO: COMPANY SNAPSHOT
12.8 CERAGON
FIGURE 48 CERAGON: COMPANY SNAPSHOT
12.9 RIGNET
FIGURE 49 RIGNET: COMPANY SNAPSHOT
12.10 HUGHES
FIGURE 50 HUGHES: COMPANY SNAPSHOT
12.11 REDLINE COMMUNICATIONS
FIGURE 51 REDLINE COMMUNICATIONS: COMPANY SNAPSHOT
12.12 TAIT COMMUNICATIONS
12.13 HONEYWELL
12.14 INTEL
12.15 GE DIGITAL
12.16 PTC
12.17 COMMTEL
12.18 MR CONTROL SYSTEMS
12.19 MOSTAR COMMUNICATIONS
12.20 DAMM CELLULAR SYSTEMS
12.21 BLUEJEANS
12.22 NESH
12.23 SENSIA
12.24 ONDAKA
12.25 SENSALYTX
12.26 WELLAWARE
*Details on Business Overview, Solutions & Services, Key Insights, Recent Developments, MnM View might not be captured in case of unlisted companies.
13 ADJACENT AND RELATED MARKETS (Page No. - 228)
13.1 INTRODUCTION
13.2 DIGITAL OILFIELD MARKET—GLOBAL FORECAST 2025
13.2.1 MARKET DEFINITION
13.2.2 MARKET OVERVIEW
13.2.2.1 Digital oilfield market, by solution
TABLE 160 DIGITAL OILFIELD MARKET SIZE, BY SOLUTION, 2016–2019 (USD BILLION)
TABLE 161 POST-COVID-19: DIGITAL OILFIELD MARKET SIZE, BY SOLUTION, 2020–2025 (USD BILLION)
13.2.2.2 Digital oilfield market, by process
TABLE 162 DIGITAL OILFIELD MARKET SIZE, BY PROCESS, 2016–2019 (USD BILLION)
TABLE 163 POST-COVID-19: DIGITAL OILFIELD MARKET SIZE, BY PROCESS, 2020–2025 (USD BILLION)
13.2.2.3 Digital oilfield market, by application
TABLE 164 DIGITAL OILFIELD MARKET SIZE, BY APPLICATION, 2016–2019 (USD BILLION)
TABLE 165 POST-COVID-19: DIGITAL OILFIELD MARKET SIZE, BY APPLICATION, 2020–2025 (USD BILLION)
13.2.2.4 Digital oilfield market, by region
TABLE 166 DIGITAL OILFIELD MARKET SIZE, BY REGION, 2016–2019 (USD BILLION)
TABLE 167 POST-COVID-19: DIGITAL OILFIELD MARKET SIZE, BY REGION, 2020–2025 (USD BILLION)
13.3 INTERNET OF THINGS IN ENERGY MARKET– GLOBAL FORECAST TO 2025
13.3.1 MARKET DEFINITION
13.3.2 MARKET OVERVIEW
TABLE 168 GLOBAL INTERNET OF THINGS IN ENERGY MARKET SIZE AND GROWTH RATE, 2018–2025 (USD MILLION AND Y-O-Y %)
13.3.2.1 Internet of Things (IoT) in energy market, by component
TABLE 169 IOT IN ENERGY MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
13.3.2.2 Internet of Things (IoT) in energy market, by application
TABLE 170 IOT IN ENERGY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
13.3.2.3 Internet of Things (IoT) in energy market, by region
TABLE 171 IOT IN ENERGY MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
13.4 OIL AND GAS CLOUD APPLICATIONS MARKET– GLOBAL FORECAST TO 2024
13.4.1 MARKET DEFINITION
13.4.2 MARKET OVERVIEW
TABLE 172 GLOBAL OIL AND GAS CLOUD APPLICATIONS MARKET SIZE AND GROWTH RATE, 2017–2024 (USD MILLION AND Y-O-Y %)
13.4.2.1 Oil and gas cloud applications market, by component
TABLE 173 OIL AND GAS CLOUD APPLICATIONS MARKET SIZE, BY COMPONENT, 2017–2024 (USD MILLION)
13.4.2.2 Oil and gas cloud applications market, by deployment type
TABLE 174 OIL AND GAS CLOUD APPLICATIONS MARKET SIZE, BY DEPLOYMENT TYPE, 2017–2024 (USD MILLION)
13.4.2.3 Oil and gas cloud applications market, by operation
TABLE 175 OIL AND GAS CLOUD APPLICATIONS MARKET SIZE, BY OPERATION, 2017–2024 (USD MILLION)
13.4.2.4 Oil and gas cloud applications market, by region
TABLE 176 OIL AND GAS CLOUD APPLICATIONS MARKET SIZE, BY REGION, 2017–2024 (USD MILLION)
14 APPENDIX (Page No. - 239)
14.1 INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
The study involved four major activities in estimating the current market size of the oilfield communications market. Extensive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were used to estimate the total market size. After that, the market breakup and data triangulation procedures were used to estimate the market size of the segments and subsegments of the oilfield communications market.
Secondary Research
In the secondary research process, various secondary sources, such as Data Science and Artificial Intelligence for Communications, International Journal of Oil, Gas, and Coal Technology (IJOGCT), Becoming Human: Artificial Intelligence Magazine, and other related magazines, have been referred to for identifying and collecting information for this study. Secondary sources included annual reports; press releases & investor presentations of companies; whitepapers, certified publications, and articles by recognized authors; gold standard and silver standard websites; Research and Development (R&D) organizations; regulatory bodies; and databases.
Primary Research
Various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information on the market. The primary sources from the supply side included various industry experts, including Chief X Officers (CXOs); Vice Presidents (VPs); directors from business development, marketing, and product development/innovation teams; related key executives from oilfield communications solution vendors, system integrators, professional service providers, industry associations, and consultants; and key opinion leaders. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
The following is the breakup of primary profiles:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the oilfield communications market. The top-down approach was used to derive the revenue contribution of top vendors and their offerings in the oilfield communications market. The bottom-up approach was used to arrive at the overall market size of the global oilfield communications market using key companies’ revenue and their offerings in the market. The research methodology used to estimate the market size includes the following:
- The key players in the market were identified through extensive secondary research.
- The market size, in terms of value, was determined through primary and secondary research processes.
- All percentages, shares, and breakups were determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakup procedures were employed, wherever applicable. The overall market size was then used in the top-down procedure to estimate the size of other individual markets via percentage splits of the market segmentation.
Report Objectives
- To define, describe, and forecast the oilfield communications market by component (solutions and services), communication network, application, field site, and region
- To provide detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the market growth
- To analyze the opportunities in the market and provide details of the competitive landscape for stakeholders and market leaders
- To forecast the market size of segments with respect to five main regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America
- To profile the key players and comprehensively analyze their market rankings and core competencies
- To analyze competitive developments, such as partnerships, new product launches, and mergers and acquisitions, in the oilfield communications market
- To analyze the impact of the COVID-19 pandemic on the oilfield communications market
Available customizations
With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:
Product analysis
- Product matrix provides a detailed comparison of the product portfolio of each company
Geographic analysis
- Further breakup of the North American oilfield communications market
- Further breakup of the European oilfield communications market
- Further breakup of the APAC oilfield communications market
- Further breakup of the Latin American oilfield communications market
- Further breakup of the MEA oilfield communications market
Company information
- Detailed analysis and profiling of additional market players up to 5
Growth opportunities and latent adjacency in Oilfield Communications Market