Internet of Things (IoT) Oil & Gas Market Size, Status, Growth | Industry Analysis Report 2029

Internet of Things (IoT) Oil & Gas Market is segmented by solution, application, and geography. Based on the solution splits into platforms and analytics. Applications are classified into upstream, midstream, downstream.

Internet of Things (IoT) Oil & Gas Market Size, Status, Growth | Industry Analysis Report 2029

Internet of Things (IoT) Oil & Gas Market is anticipated to reach up to USD 55.48 billion in 2029 from 13.03 billion in 2022 at CAGR of around 23 % during the forecasted period.

Internet of Things (IoT) Oil & Gas Market Overview

Maximize Market Research's latest report on the Internet of Things (IoT) Oil & Gas Market 2023-2029 is invaluable for understanding Market competitors. The report offers an extensive and fundamental analysis of the Market, exploring subjective factors that provide crucial business insights. It presents a Market overview that covers the value chain structure, geographical analysis, applications, and Market size during the forecast period.

Internet of Things (IoT) Oil & Gas Market Report Scope and Research Methodology

The report provides the Internet of Things (IoT) Oil & Gas Market share and rival sector, as well as an analysis of the major vendors and leading regions. The Internet of Things (IoT) Oil & Gas report provides an in-depth analysis of the Market and contains meaningful insights, facts, historical data, and statistically supported and industry-validated Market statistics. Also, the global Internet of Things (IoT) Oil & Gas Market report provides Market size, growth rates, and company profiles of the top players and producers. The Internet of Things (IoT) Oil & Gas Market revenue is determined by the primary and secondary data collection methods.

A thorough analysis of the regional environment is included, along with information on the potential, important growth indicators, geographical challenges, and threats facing the Internet of Things (IoT) Oil & Gas Market. The segment-wise analysis is divided into  and . The qualitative and quantitative methods are included in the report. Research using SWOT, PESTLE, and Porter's Five Force tools is used for the analysis of the Internet of Things (IoT) Oil & Gas Market.  The analysis identified key upcoming developments that are expected to influence Internet of Things (IoT) Oil & Gas Market demand during the forecast period.

Internet of Things (IoT) Oil & Gas Market Regional Insights

The Regional Analysis in the report helps to understand the Internet of Things (IoT) Oil & Gas Market in various countries. The report includes a thorough analysis of all the factors, Market size, growth rate, and import and export in regions. The Internet of Things (IoT) Oil & Gas Market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

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Internet of Things (IoT) Oil & Gas Market Segmentation:

1.Internet of Things (IoT) Oil & Gas Market Analysis and Forecast, by Solution

1. Introduction and Definition
2. Key Findings
3. Global Internet of Things (IoT) Oil & Gas Market Value Share Analysis, by Solution
4. Global Internet of Things (IoT) Oil & Gas Market Size (US$ Mn) Forecast, by Solution
5. Global Internet of Things (IoT) Oil & Gas Market Analysis, by Solution
6. Internet of Things (IoT) Oil & Gas Market Attractiveness Analysis, by Solution

When compared to other IoT solution platforms, the Analytics category accounted for a significant market share based on the solution. accounted for over 76.00% of the market's overall IoT in the O&G sector in 2022. The oil and gas industry is an asset-intensive industry with more than half of the infrastructure being aging, and rising in use of new advanced technologies for exploration. As a result, analytics and platforms are expected to experience high growth rates due to increase in use of sensors and devices will drive the need for device management and data analytics among others.

2.Internet of Things (IoT) Oil & Gas Market Analysis and Forecast, by Application

1. Introduction and Definition
2. Global Internet of Things (IoT) Oil & Gas Market Value Share Analysis, by Application
3. Global Internet of Things (IoT) Oil & Gas Market Size (US$ Mn) Forecast, by Application
4. Global Internet of Things (IoT) Oil & Gas Market Analysis, by Application
5. Global Internet of Things (IoT) Oil & Gas Market Attractiveness Analysis, by Application

In terms of market value for Internet of Things (IoT) Oil & Gas in 2023, upstream application dominated all previously mentioned application types. As shale oil production booms in the United States, capital expenditures on advance projects for exploration and drilling are expected to decline, uptime is expected to rise, and an upstream application is anticipated to expand to the use of new technologies during the exploration and drilling phase, including hydraulic manufacturing and 3D seismic technologies among others.

Internet of Things (IoT) Oil & Gas Market Key Players:

1. ABB Ltd
2. AGT INTERNATIONAL
3. CARRIOTS S.L
4. C3 IoT
5. CISCO SYSTEMS
6. NUMEREX CORP
7. PARAMETRIC TECHNOLOGY (PTC)
8. SAP SE
9. DAVRA NETWORKS
10.EUROTECH SPA
11.GENERAL ELECTRIC COMPANY
12.HONEYWELL INTERNATIONAL INC
13.INTEL CORPORATION
14.INTERNATIONAL BUSINESS MACHINES CORPORATION
15.KORE TELEMATICS
16.MICROSOFT CORPORATION
17.SIEMENS AG
18.TELIT
19.WIND RIVER
20.PERTEX MANAGEMENT AND TECHNOLOGY CONSULTING LLC
21.SCHNEIDER ELECTRIC
22.EMBITEL TECHNOLOGIES INC
23.SIGFOX
24.TOTAL ENERGY VENTURES INTERNATIONAL’S
25.PELOTON Technology

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Key questions answered in the Internet of Things (IoT) Oil & Gas Market are:

  • What is Internet of Things (IoT) Oil & Gas?
  • What was the Internet of Things (IoT) Oil & Gas Market size in 2022?
  • What is the growth rate of the Internet of Things (IoT) Oil & Gas Market?
  • Which are the factors expected to drive the Internet of Things (IoT) Oil & Gas Market growth?
  • What are the different segments of the Internet of Things (IoT) Oil & Gas Market?
  • What growth strategies are the players considering to increase their presence in Internet of Things (IoT) Oil & Gas?
  • What are the upcoming industry applications and trends for the Internet of Things (IoT) Oil & Gas Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Internet of Things (IoT) Oil & Gas Market?
  • Who are the leading companies and what are their portfolios in Internet of Things (IoT) Oil & Gas Market?
  • What segments are covered in the Internet of Things (IoT) Oil & Gas Market?
  • Who are the key players in the Internet of Things (IoT) Oil & Gas Market?

 

 

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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