PUNE, India, November 3, 2016 /PRNewswire/ -- The report "Wireline Services Marketby Application (Onshore & Offshore), Type (Electricline & Slickline), Services (Completion, Intervention, & Logging), Hole Type (Cased Hole & Open Hole), and Region - Global Forecasts to 2021" published by MarketsandMarkets, the market is expected to grow from an estimated USD 8.26 Billion in 2016 to USD 9.15 Billion by 2021, at a CAGR of 2.1%. (Logo: http://photos.prnewswire.com/prnh/20160303/792302 ) Browse 60 market data Tables and 51 Figures spread through 154 Pages and in-depth TOC on"Wireline Services Market"http://www.marketsandmarkets.com/Market-Reports/wireline-services-market-219892196.htmlEarly buyers will receive 10% customization on this report. The global market is set to witness growth, due to the aging reservoirs, increasing oil production, and lifting of Iranian oil export sanctions. Also, oil export sanctions on Iran were lifted in January 2016, allowing the country to export oil. This has led to an increase in E&P investments in the country, leading to a rise in oil production. The onshore segment is expected to hold the largest share of the wireline service market, by application, during the forecast period The onshore segment led the Wireline Services Market in 2015, owing to the increasing demand for wireline services across the globe. This segment is primarily driven by high number of maturing fields in onshore regions. Moreover, the ease of mobility is high in onshore regions which allows for multiple usages of wireline services, and is expected to create new revenue pockets for the Wireline Services Market during the forecast period.