The Artificial Intelligence (AI) in Oil & Gas Market size was valued at USD 3.34 Billion in 2023 and the total Artificial Intelligence (AI) in Oil & Gas revenue is expected to grow at a CAGR of 7.65 % from 2024 to 2030, reaching nearly USD 5.60 Billion by 2030.
Artificial Intelligence (AI) in Oil & Gas Market Overview
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Artificial Intelligence (AI) in Oil & Gas Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Artificial Intelligence (AI) in Oil & Gas Market, with forecasts.
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Artificial Intelligence (AI) in Oil & Gas Market Scope and Methodology:
The Artificial Intelligence (AI) in Oil & Gas Market report provides an in-depth of the market landscape covering several critical factors. In the study, the report discusses the dynamics of the market, with particular emphasis on the latest trends, drivers, and opportunities affecting the industry.
The report covers the main competitors and Artificial Intelligence (AI) in Oil & Gas Market positions, providing valuable information about the competitive landscape. Key metrics such as sales, turnover, average selling price, and gross margin are analysed in depth while exploring key growth opportunities available to key players in the Artificial Intelligence (AI) in Oil & Gas Market.
Artificial Intelligence (AI) in Oil & Gas Market Regional Insights
The report is divided into several notable countries. In various regions such as North America (United States, Canada, Mexico), Europe (United Kingdom, Germany, France, Spain, Italy, Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN countries, South America (Brazil) and the Middle East and Africa, those countries are included.
Artificial Intelligence (AI) in Oil & Gas Market Segmentation
by Type
Hardware
Software
Hybrid
by Function
Predictive maintenance and machinery inspection
Material movement
Production planning
Field services
Quality control
Reclamation
by Application
Upstream
Downstream
Midstream
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Artificial Intelligence (AI) in Oil & Gas Market Key Players
North America:
1. Schlumberger, Houston, Texas, USA
2. Baker Hughes Company, Houston, Texas, USA
3. Halliburton, Houston, Texas, USA
4. IBM, Armonk, New York, USA
5. NVIDIA Corporation, Santa Clara, California, USA
6. Microsoft Corporation, Redmond, Washington, USA
7. Oracle Corporation, Redwood City, California, USA
8. General Electric (GE) , Boston, Massachusetts, USA
9. SAS Institute Inc., Cary, North Carolina, USA
10. C3.ai, Redwood City, California, USA
11. SparkCognition, Austin, Texas, USA
12. Aspen Technology, Bedford, Massachusetts, USA
13. TIBCO Software Inc., Palo Alto, California, USA
14. Honeywell International Inc., Charlotte, North Carolina, USA
15. Rockwell Automation, Inc., Milwaukee, Wisconsin, USA
16. Bentley Systems, Exton, Pennsylvania, USA
Europe
1. Accenture, Dublin, Ireland
2. Siemens AG, Munich, Germany
3. ABB Ltd, Zurich, Switzerland
4. Wood PLC, Aberdeen, Scotland, UK
5. Capgemini, Paris, France
Asia-Pacific
1. Yokogawa Electric Corporation, Tokyo, Japan
2. Infosys Limited, Bangalore, India
3. Tech Mahindra, Pune, India
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