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Global Digital Oil Field Market Worth $33.3 Billion By 2022

DALLAS, January 17, 2013 /PRNewswire/ --

The report "Global Digital Oil Field Market By Services (Automation and Instrumentation, Information Technology) and Geography - Forecasts To 2022" defines and segments the global digital oil field market with analysis and forecasting of global revenue for the technology. It also identifies driving and restraining factors for global digital oil field market with analysis of trends, opportunities, burning issues, winning imperatives, and challenges. The market is segmented and revenues are forecasted on the basis of major regions such as North America, Western Europe, Middle East, Asia-Pacific, and Rest of the World (ROW). The key countries are covered and forecasted for each region. Further, market is segmented and revenues are forecasted on the basis of services.

Browse 110+ market data tables/ figures spread through 242 pages and in-depth TOC on   " Global Digital Oil Field Market By Services (Automation & Instrumentation, Information Technology) & Geography   - Forecasts To 2022 " . http://www.marketsandmarkets.com/Market-Reports/digital-oilfield-market-904.html Early buyers will receive 10% customization on reports.

Digital oil field is a well known and growing trend in the industry, with various names such as integrated operations, smart field, iField etc. The digital oil field is an ideology in transformation that is widespread in the oil & gas industry. Digital oil field is an enhancement process for conventional methods that have been practiced in the E&P sector for decades. This technology helps the E&P companies in handling difficult explorations easily and hence increasing the production; thereby meeting the global demand of crude oil. The adoption of smart field technology has been growing in the oil & gas sector, also concerning the higher levels of safety it yields, which is another advantage of opting technology.

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