Market Research Report

Middle East & Africa Digital Oilfield Service Market Research Report: Forecast (2021-2026)

By Type of Process (Reservoir Optimization, Production Optimization, Drilling Optimization, Others), By Type of Service (Automation Services, Instrumentation Services, Security Ser......vices, Others), By Application (Onshore, Offshore), By End-Use (Upstream, Midstream, Downstream), By Country (UAE, Saudi Arabia, Qatar, Oman, Bahrain, Kuwait, Egypt, South Africa), By Company (Anton Oilfield Services (Group) Ltd., Baker Hughes Company, Denholm Oilfield Services, Halliburton Company, Middle East Oilfield Services, Nordic Energy FZC, OiLSERV, Schlumberger Limited, Swire Oilfield Services Ltd., Weatherford International plc etc.) Read more

  • Energy
  • Feb 2021
  • Pages 136
  • Report Format: PDF, Excel, PPT

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The Middle East & Africa Digital Oilfield Services Market Analysis, 2021 research report depicts a deep dive market analysis of statistics of digital oilfield services. It consists of regional and country-wise market size, forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.

Market Opportunities

According to MarkNtel Advisors’ research report, “Middle East & Africa Digital Oilfield Services Market Analysis, 2021,” the Middle East & Africa Digital Oilfield Services market is likely to grow at a considerable CAGR during 2021-26. The growing digitalization in the oil and gas sectors to improve decision making and consistency, escalate operations availability, reduce repetitive inefficient tasks, and decrease human exposure by remote monitor and control has propelled the demand for digital oilfield services. Moreover, increasing inclination to curb operational costs and rising adoption of advanced technology, such as cloud computing, IoT, etc., are likely to contribute to the market growth in the forecast period.

Report Coverage Details
Study Period Historical Data: 2016-219
Base Year: 2020
Forecast Period: 2021-26
Regions Covered UAE, Saudi Arabia, Qatar, Oman, Bahrain, Kuwait, Egypt, South Africa
Key Companies Profiled Anton Oilfield Services (Group) Ltd., Baker Hughes Company, Denholm Oilfield Services, Halliburton Company, Middle East Oilfield Services, Nordic Energy FZC, OiLSERV, Schlumberger Limited, Swire Oilfield Services Ltd., Weatherford International plc, etc
Unit Denominations USD Million/Billion

 

Market Segmentation

Offshore Registers the Fastest Growth

Based on the Application, the Offshore segment witnesses the fastest growth. The increasing spending on offshore development activities has surged the demand for digital oilfield services in the region to enhance monitoring, surveillance, and optimization, increase field productivity, project predictability, and have real-time asset performance data. Hence, this is likely to upsurge the growth of Digital Oilfield Services in the forecast years, states MarkNtel Advisors in their research report, “The Middle East & Africa Digital Oilfield Services Market Analysis, 2021.”  


Middle East & Africa Digital Oilfield Service Market Research Report: Forecast (2021-2026)

Competitive Landscape

According to MarkNtel Advisors, the key players with a considerable market share in the Middle East & Africa Digital Oilfield Services Market include Anton Oilfield Services (Group) Ltd., Baker Hughes Company, Denholm Oilfield Services, Halliburton Company, Middle East Oilfield Services, Nordic Energy FZC, OiLSERV, Schlumberger Limited, Swire Oilfield Services Ltd., Weatherford International PLC, etc.

Key Questions Answered in the Market Research Report 

  1. What are the overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the Middle East & Africa Digital Oilfield Services Market?
  2. What is the region-wise industry size, growth drivers, and challenges key market trends?
  3. What are the key innovations, technology upgrades, opportunities, regulations in the Middle East & Africa Digital Oilfield Services Market? 
  4. Who are the key competitors or market players, and how do they perform in the Middle East & Africa Digital Oilfield Services Market based on a competitive benchmarking matrix?
  5. What are the key results derived from the market surveys conducted during the Middle East & Africa Digital Oilfield Services Market study?

 Market Outlook, Segmentation and Statistics 

  • Impact of COVID-19 on the Middle East & Africa Digital Oilfield Services Market
  • Market Size & Analysis
    • By Revenues (USD Billion)
  • Market Share & Analysis
    • By Type of Process
      • Reservoir Optimization
      • Production Optimization
      • Drilling Optimization
      • Others
    • By Type of Services
      • Automation Services
      • Instrumentation Services
      • Security Services
      • Others
    • By Application
      • Onshore
      • Offshore
    • By End-Use
      • Upstream
      • Midstream
      • Downstream
    • By Country
      • UAE 
      • Saudi Arabia 
      • Qatar 
      • Oman
      • Bahrain 
      • Kuwait 
      • Egypt 
      • South Africa 
  • By Company
    • Revenue Shares
    • Strategic Factorial Indexing
    • Competitor Placement in MarkNtel Quadrant
  • Competition Outlook
    • Competitor Wise Growth Strategies
    • Company Profiles

Frequently Asked Questions

   A. The historical data has been provided since 2016, while the base year is 2020, and the data forecast is up to 2026.

   A. The measuring units of market size/industry size or the market value are USD Billion.

   A. The growth rate of the Middle East & Africa Digital Oilfield Services Market during 2021-26 is likely to grow at a considerable CAGR.

   A. Anton Oilfield Services (Group) Ltd., Baker Hughes Company, Denholm Oilfield Services, Halliburton Company, Middle East Oilfield Services, Nordic Energy FZC, OiLSERV, Schlumberger Limited, Swire Oilfield Services Ltd., Weatherford International PLC, etc., are a few leading players in the Middle East & Africa Digital Oilfield Services Market.

   A. The Product Optimization segment is likely to attain the highest CAGR during the forecast period and maintain its significant market share.

   A. UAE and Saudi Arabia grabbed a significant market share continue to grow at the highest CAGR, presenting immense opportunities for manufacturers and suppliers of the Middle East & Africa Digital Oilfield Services Market.

  1. Introduction
    1. Market Segmentation
    2. Product Definition
    3. Research Process
    4. Assumptions
  2. Executive Summary
  3. Expert Verbatim- What our Experts Say?
  4. Middle East & Africa Industries Overview
  5. Middle East & Africa Digital Oilfield Services Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenue
    2. Market Share & Analysis
      1. By Type of Process
        1. Reservoir Optimization
        2. Production Optimization
        3. Drilling Optimization
        4. Others
      2. By Type of Services
        1. Automation Services
        2. Instrumentation Services
        3. Security Services
        4. Others
      3. By Application
        1. Onshore
        2. Offshore
      4. By End-Use
        1. Upstream
        2. Midstream
        3. Downstream
      5. By Country
        1. Saudi Arabia
        2. Kuwait
        3. UAE
        4. Qatar
        5. Bahrain
        6. Oman
        7. Egypt
        8. South Africa
        9. Others
      6. By Company
        1. Revenue Shares
        2. Strategic Factorial Indexing
        3. Competitor Placement in MarkNtel Quadrant
    3. Market Attractiveness Index
      1. By Type of Process
      2. By Type of Service
      3. By Application
      4. By End-Use
      5. By Country
  6. UAE Digital Oilfield Services Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenue
    2. Market Share & Analysis
      1. By Type of Process
      2. By Type of Service
      3. By Application
      4. By End-Use
  7. Saudi Arabia Digital Oilfield Services Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenue
    2. Market Share & Analysis
      1. By Type of Process
      2. By Type of Service
      3. By Application
      4. By End-Use
  8. Qatar Digital Oilfield Services Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenue
    2. Market Share & Analysis
      1. By Type of Process
      2. By Type of Service
      3. By Application
      4. By End-Use
  9. Bahrain Digital Oilfield Services Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenue
    2. Market Share & Analysis
      1. By Type of Process
      2. By Type of Service
      3. By Application
      4. By End-Use
  10. Kuwait Digital Oilfield Services Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenue
    2. Market Share & Analysis
      1. By Type of Process
      2. By Type of Service
      3. By Application
      4. By End-Use
  11. Oman Digital Oilfield Services Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenue
    2. Market Share & Analysis
      1. By Type of Process
      2. By Type of Service
      3. By Application
      4. By End-Use
  12. Egypt Digital Oilfield Services Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenue
    2. Market Share & Analysis
      1. By Type of Process
      2. By Type of Service
      3. By Application
      4. By End-Use
  13. South Africa Digital Oilfield Services Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenue
    2. Market Share & Analysis
      1. By Type of Process
      2. By Type of Service
      3. By Application
      4. By End-Use
  14. Middle East & Africa Digital Oilfield Services Market Policies, Regulations, Product Standards  
  15. Middle East & Africa Digital Oilfield Services Market- Supply Chain Analysis
  16. Middle East & Africa Digital Oilfield Services Market Trends & Insights
  17. Middle East & Africa – Local Manufacturer Vs. Foreign Manufacturer
  18. Middle East & Africa Digital Oilfield Services Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  19. Middle East & Africa Digital Oilfield Services Market Hotspot & Opportunities
  20. Middle East & Africa Digital Oilfield Services Market Key Strategic Imperatives for Success & Growth
  21. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Target End Users
      3. Target Markets
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles of top companies (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Anton Oilfield Services (Group) Ltd.
      2. Baker Hughes Company
      3. Denholm Oilfield Services
      4. Halliburton Company
      5. Middle East Oilfield Services
      6. Nordic Energy FZC
      7. OiLSERV
      8. Schlumberger Limited
      9. Swire Oilfield Services Ltd.
      10. Weatherford International plc
  22. Disclaimer


Middle East & Africa Digital Oilfield Service Market Segmentation

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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