Digital Oil-Field - Global Market Outlook (2015-2022)

Global Digital Oil-Field market is accounted for $23.76 billion in 2015 and is expected to reach $34.72 billion by 2022 growing at a CAGR of 5.6%. Digital Oil-Field technology helps Exploration & Production companies to overcome with their difficult explorations easily and thereby meeting the global demand of crude oil. The global crude oil demand, decrease in number of employees and safety reasons in the oil & gas are the reasons behind the favorable growth of Digital Oil-Field market.