AI in Oil & Gas Market Insights and Growth by 2031
The "Global AI in Oil & Gas Market Analysis to 2031" is a specialized and in-depth study of the AI in Oil & Gas industry with a focus on the global AI in Oil & Gas market trend. The report aims to provide an overview of the global AI in Oil & Gas market with detailed market segmentation by component, application, sector and geography. The global AI in Oil & Gas market is expected to witness high growth during the forecast period. The report includes key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The AI in Oil & Gas market research report offers a detailed overview of the industry including both qualitative and quantitative information. It also provides market size and forecast till 2031 for overall AI in Oil & Gas market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting AI in Oil & Gas market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions considered in the global AI in Oil & Gas market report. Further, the report also includes ecosystem analysis for the AI in Oil & Gas market.
Also, key AI in Oil & Gas market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information for the last 3 years, and key developments in the past five years. Some of the key players influencing the AI in Oil & Gas market are Accenture, Cisco Systems, Inc., FuGenX Technologies Pvt Ltd, Google LLC, Hortonworks Inc., IBM Corporation, Intel Corporation, Microsoft Corporation, Nvidia Corporation, and Oracle Corporation among others.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
o AI in Oil & Gas Market - By Component
o AI in Oil & Gas Market - By Application
o AI in Oil & Gas Market - By Sector
o AI in Oil & Gas Market - By Region
- By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AI IN OIL & GAS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. ECOSYSTEM ANALYSIS
4.3. PEST ANALYSIS
4.3.1. North America - PEST Analysis
4.3.2. Europe - PEST Analysis
4.3.3. Asia Pacific (APAC) - PEST Analysis
4.3.4. Middle East & Africa (MEA) - PEST Analysis
4.3.5. South America (SAM)- PEST Analysis
5. AI IN OIL & GAS MARKET - KEY INDUSTRY DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
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6. AI IN OIL & GAS MARKET - GLOBAL MARKET ANALYSIS
6.1. AI IN OIL & GAS- GLOBAL MARKET OVERVIEW
6.2. AI IN OIL & GAS- GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/ MARKET SHARE
6. AI IN OIL & GAS MARKET REVENUE AND FORECASTS TO 2028 - COMPONENT
6.4. OVERVIEW
6.5. COMPONENT MARKET FORECASTS AND ANALYSIS
6.6. HARDWARE
6.6.1. Overview
6.6.2. Hardware Market Forecast and Analysis
6.7. SOFTWARE
6.7.1. Overview
6.7.2. Software Market Forecast and Analysis
6.8. SERVICE
6.8.1. Overview
6.8.2. Service Market Forecast and Analysis
7. AI IN OIL & GAS MARKET REVENUE AND FORECASTS TO 2028 - APPLICATION
7.1. OVERVIEW
7.2. APPLICATION MARKET FORECASTS AND ANALYSIS
7.3. PREDICTIVE MAINTENANCE
7.3.1. Overview
7.3.2. Predictive Maintenance Market Forecast and Analysis
7.4. MATERIAL MOVEMENT
7.4.1. Overview
7.4.2. Material Movement Market Forecast and Analysis
7.5. FIELD SERVICES
7.5.1. Overview
7.5.2. Field Services Market Forecast and Analysis
7.6. PRODUCTION PLANNING
7.6.1. Overview
7.6.2. Production Planning Market Forecast and Analysis
7.7. QUALITY CONTROL
7.7.1. Overview
7.7.2. Quality Control Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. AI IN OIL & GAS MARKET REVENUE AND FORECASTS TO 2028 - SECTOR
8.1. OVERVIEW
8.2. SECTOR MARKET FORECASTS AND ANALYSIS
8.3. UPSTREAM
8.3.1. Overview
8.3.2. Upstream Market Forecast and Analysis
8.4. MIDSTREAM
8.4.1. Overview
8.4.2. Midstream Market Forecast and Analysis
8.5. DOWNSTREAM
8.5.1. Overview
8.5.2. Downstream Market Forecast and Analysis
9. AI IN OIL & GAS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1. North America AI in Oil & Gas Market Overview
9.1.2. North America AI in Oil & Gas Market Forecasts and Analysis
9.1.3. North America Market Forecasts and Analysis - By Component
9.1.4. North America Market Forecasts and Analysis - By Application
9.1.5. North America Market Forecasts and Analysis - By Sector
9.1.6. North America Market Forecasts and Analysis - By Countries
9.1.6.1. US market
9.1.6.1.1. US Market by Component
9.1.6.1.2. US Market by Application
9.1.6.1.3. US Market by Sector
9.1.6.2. Canada market
9.1.6.2.1. Canada Market by Component
9.1.6.2.2. Canada Market by Application
9.1.6.2.3. Canada Market by Sector
9.1.6.3. Mexico market
9.1.6.3.1. Mexico Market by Component
9.1.6.3.2. Mexico Market by Application
9.1.6.3.3. Mexico Market by Sector
9.2. EUROPE
9.2.1. Europe AI in Oil & Gas Market Overview
9.2.2. Europe AI in Oil & Gas Market Forecasts and Analysis
9.2.3. Europe Market Forecasts and Analysis - By Component
9.2.4. Europe Market Forecasts and Analysis - By Application
9.2.5. Europe Market Forecasts and Analysis - By Sector
9.2.6. Europe Market Forecasts and Analysis - By Countries
9.2.6.1. France market
9.2.6.1.1. France Market by Component
9.2.6.1.2. France Market by Application
9.2.6.1.3. France Market by Sector
9.2.6.2. Germany market
9.2.6.2.1. Germany Market by Component
9.2.6.2.2. Germany Market by Application
9.2.6.2.3. Germany Market by Sector
9.2.6.3. Italy market
9.2.6.3.1. Italy Market by Component
9.2.6.3.2. Italy Market by Application
9.2.6.3.3. Italy Market by Sector
9.2.6.4. Russia market
9.2.6.4.1. Russia Market by Component
9.2.6.4.2. Russia Market by Application
9.2.6.4.3. Russia Market by Sector
9.2.6.5. UK market
9.2.6.5.1. UK Market by Component
9.2.6.5.2. UK Market by Application
9.2.6.5.3. UK Market by Sector
9.2.6.6. Rest of Europe market
9.2.6.6.1. Rest of Europe Market by Component
9.2.6.6.2. Rest of Europe Market by Application
9.2.6.6.3. Rest of Europe Market by Sector
9.3. ASIA PACIFIC (APAC)
9.3.1. Asia Pacific AI in Oil & Gas Market Overview
9.3.2. Asia Pacific AI in Oil & Gas Market Forecasts and Analysis
9.3.3. Asia Pacific Market Forecasts and Analysis - By Component
9.3.4. Asia Pacific Market Forecasts and Analysis - By Application
9.3.5. Asia Pacific Market Forecasts and Analysis - By Sector
9.3.6. Asia Pacific Market Forecasts and Analysis - By Countries
9.3.6.1. South Korea
9.3.6.1.1. South Korea Market by Component
9.3.6.1.2. South Korea Market by Application
9.3.6.1.3. South Korea Market by Sector
9.3.6.2. China market
9.3.6.2.1. China Market by Component
9.3.6.2.2. China Market by Application
9.3.6.2.3. China Market by Sector
9.3.6.3. India market
9.3.6.3.1. India Market by Component
9.3.6.3.2. India Market by Application
9.3.6.3.3. India Market by Sector
9.3.6.4. Japan market
9.3.6.4.1. Japan Market by Component
9.3.6.4.2. Japan Market by Application
9.3.6.4.3. Japan Market by Sector
9.3.6.5. Australia market
9.3.6.5.1. Australia Market by Component
9.3.6.5.2. Australia Market by Application
9.3.6.5.3. Australia Market by Sector
9.3.6.6. Rest of APAC market
9.3.6.6.1. Rest of APAC Market by Component
9.3.6.6.2. Rest of APAC Market by Application
9.3.6.6.3. Rest of APAC Market by Sector
9.4. MIDDLE EAST AND AFRICA (MEA)
9.4.1. Middle East and Africa AI in Oil & Gas Market Overview
9.4.2. Middle East and Africa AI in Oil & Gas Market Forecasts and Analysis
9.4.3. Middle East and Africa Market Forecasts and Analysis - By Component
9.4.4. Middle East and Africa Market Forecasts and Analysis - By Application
9.4.5. Middle East and Africa Market Forecasts and Analysis - By Sector
9.4.6. Middle East and Africa Market Forecasts and Analysis - By Countries
9.4.6.1. South Africa market
9.4.6.1.1. South Africa Market by Component
9.4.6.1.2. South Africa Market by Application
9.4.6.1.3. South Africa Market by Sector
9.4.6.2. Saudi Arabia market
9.4.6.2.1. Saudi Arabia Market by Component
9.4.6.2.2. Saudi Arabia Market by Application
9.4.6.2.3. Saudi Arabia Market by Sector
9.4.6.3. UAE market
9.4.6.3.1. UAE Market by Component
9.4.6.3.2. UAE Market by Application
9.4.6.3.3. UAE Market by Sector
9.4.6.4. Rest of MEA market
9.4.6.4.1. Rest of MEA Market by Component
9.4.6.4.2. Rest of MEA Market by Application
9.4.6.4.3. Rest of MEA Market by Sector
9.5. SOUTH AMERICA (SAM)
9.5.1. South America AI in Oil & Gas Market Overview
9.5.2. South America AI in Oil & Gas Market Forecasts and Analysis
9.5.3. South America Market Forecasts and Analysis - By Component
9.5.4. South America Market Forecasts and Analysis - By Application
9.5.5. South America Market Forecasts and Analysis - By Sector
9.5.6. South America Market Forecasts and Analysis - By Countries
9.5.6.1. Brazil market
9.5.6.1.1. Brazil Market by Component
9.5.6.1.2. Brazil Market by Application
9.5.6.1.3. Brazil Market by Sector
9.5.6.2. Argentina market
9.5.6.2.1. Argentina Market by Component
9.5.6.2.2. Argentina Market by Application
9.5.6.2.3. Argentina Market by Sector
9.5.6.3. Rest of SAM market
9.5.6.3.1. Rest of SAM Market by Component
9.5.6.3.2. Rest of SAM Market by Application
9.5.6.3.3. Rest of SAM Market by Sector
10. INDUSTRY LANDSCAPE
10.1. MERGERS & ACQUISITIONS
10.2. MARKET INITIATIVES
10.3. NEW DEVELOPMENTS
11. AI IN OIL & GAS MARKET, KEY COMPANY PROFILES
11.1. ACCENTURE
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products & Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CISCO SYSTEMS, INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products & Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. FUGENX TECHNOLOGIES PVT LTD
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products & Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. GOOGLE LLC
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products & Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HORTONWORKS INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products & Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. IBM CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products & Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. INTEL CORPORATION
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products & Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. MICROSOFT CORPORATION
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products & Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. NVIDIA CORPORATION
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products & Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ORACLE CORPORATION
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products & Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Accenture
2. Cisco Systems, Inc.
3. FuGenX Technologies Pvt Ltd
4. Google LLC
5. Hortonworks Inc.
6. IBM Corporation
7. Intel Corporation
8. Microsoft Corporation
9. Nvidia Corporation
10. Oracle Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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