Global Oilfield Communication Market to reach USD 4.9 billion by 2027.

Global Oilfield Communications Market by Component (Solution and services), Communication Network (VSAT Communication Network, Fiber Optic-based Communication Network, Microwave Communication Network), Field Site (Onshore and offshore), Application (Upstream, Midstream, Downstream), Regional Forecasts 2021-2027
Product Code:  IACTIS_23714661
 Chapter 1.	Executive Summary 
1.1.	Market Snapshot
1.2.	Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1.	 Oilfield Communication Market , by Region, 2019-2027 (USD Billion)
1.2.2.	 Oilfield Communication Market, by Components, 2019-2027 (USD Billion)
1.2.3.	Oilfield Communication Market, by Communication Network, 2019-2027 (USD Billion)
1.2.4.	Oilfield Communication Market , by  Application, 2019-2027 (USD Billion)
1.2.5.	Oilfield Communication Market , by  Field Site, 2019-2027 (USD Billion)
1.3.	Key Trends
1.4.	Estimation Methodology
1.5.	Research Assumption
Chapter 2.	Global  Oilfield Communication Market  Definition and Scope 
2.1.	Objective of the Study
2.2.	Market Definition & Scope
2.2.1.	Scope of the Study
2.2.2.	Industry Evolution
2.3.	Years Considered for the Study
2.4.	Currency Conversion Rates
Chapter 3.	Global  Oilfield Communication Market  Dynamics	
3.1.	 Oilfield Communication Market Impact Analysis (2019-2027)
3.1.1.	Market Drivers
3.1.1.1.	Growing investment in enhancing network infrastructure
3.1.1.2.	Growing demand from oil and gas operators in production
3.1.2.	Market Restraint
3.1.2.1.	Cybersecurity risks
3.1.2.2.	Concern over the declining price of crude oil
3.1.3.	Market Opportunities
3.1.3.1.	Ultra-deep-water drilling discoveries
3.1.3.2.	Increasing digitalization for oilfield communications
Chapter 4.	Global  Oilfield Communication Market  Industry Analysis
4.1.	Porter’s 5 Force Model
4.1.1.	Bargaining Power of Suppliers
4.1.2.	Bargaining Power of Buyers
4.1.3.	Threat of New Entrants
4.1.4.	Threat of Substitutes
4.1.5.	Competitive Rivalry
4.1.6.	Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2.	PEST Analysis
4.2.1.	Political 
4.2.2.	Economical
4.2.3.	Social 
4.2.4.	Technological 
4.3.	Investment Adoption Model
4.4.	Analyst Recommendation & Conclusion
Chapter 5.	Global  Oilfield Communication Market , by Components
5.1.	Market Snapshot 
5.2.	Global  Oilfield Communication Market  by  Components, Performance - Potential Analysis
5.3.	Global  Oilfield Communication Market  Estimates & Forecasts by Components  2018-2027 (USD Billion)
5.4.	 Oilfield Communication Market , Sub Segment Analysis
5.4.1.	Solution 
5.4.2.	Services
Chapter 6.	Global  Oilfield Communication Market , by communication network
6.1.	Market Snapshot 
6.2.	Global  Oilfield Communication Market  by   communication network, Performance - Potential Analysis
6.3.	Global  Oilfield Communication Market  Estimates & Forecasts by communication network  2018-2027 (USD Billion)
6.4.	 Oilfield Communication Market , Sub Segment Analysis
6.4.1.	VSAT Communication Network
6.4.2.	TETRA Communication Network
6.4.3.	Cellular Communication Network
6.4.4.	Fiber Optic-based Communication Network
6.4.5.	Microwave Communication Network 
Chapter 7.	Global  Oilfield Communication Market , by   Application
7.1.	Market Snapshot 
7.2.	Global  Oilfield Communication Market  by  Application, Performance - Potential Analysis
7.3.	Global  Oilfield Communication Market  Estimates & Forecasts by  Application 2018-2027 (USD Billion)
7.4.	 Oilfield Communication Market , Sub Segment Analysis
7.4.1.	Upstream
7.4.2.	Midstream
7.4.3.	Downstream
Chapter 8.	Global  Oilfield Communication Market , by   Field site
8.1.	Market Snapshot 
8.2.	Global  Oilfield Communication Market  by field site, Performance - Potential Analysis
8.3.	Global  Oilfield Communication Market  Estimates & Forecasts by  field site 2018-2027 (USD Billion)
8.4.	 Oilfield Communication Market , Sub Segment Analysis
8.4.1.	Onshore
8.4.2.	Offshore

Chapter 9.	Global  Oilfield Communication Market , Regional Analysis
9.1.	 Oilfield Communication Market , Regional Market Snapshot 
9.2.	North America  Oilfield Communication Market  
9.2.1.	U.S.  Oilfield Communication Market 
9.2.1.1.	Components breakdown estimates & forecasts, 2018-2027
9.2.1.2.	Communication network breakdown estimates & forecasts, 2018-2027
9.2.1.3.	Application breakdown estimates & forecasts, 2018-2027
9.2.1.4.	Field Site breakdown estimates & forecasts, 2018-2027
9.2.2.	Canada  Oilfield Communication Market 
9.3.	Europe  Oilfield Communication Market  Snapshot
9.3.1.	U.K.  Oilfield Communication Market  
9.3.2.	Germany  Oilfield Communication Market 
9.3.3.	France  Oilfield Communication Market 
9.3.4.	Spain  Oilfield Communication Market 
9.3.5.	Italy  Oilfield Communication Market 
9.3.6.	Rest of Europe  Oilfield Communication Market 
9.4.	Asia-Pacific  Oilfield Communication Market  Snapshot
9.4.1.	China  Oilfield Communication Market  
9.4.2.	India  Oilfield Communication Market  
9.4.3.	Japan  Oilfield Communication Market 
9.4.4.	Australia  Oilfield Communication Market 
9.4.5.	South Korea  Oilfield Communication Market 
9.4.6.	Rest of Asia Pacific  Oilfield Communication Market 
9.5.	Latin America  Oilfield Communication Market  Snapshot
9.5.1.	Brazil  Oilfield Communication Market 
9.5.2.	Mexico  Oilfield Communication Market 
9.6.	Rest of The World  Oilfield Communication Market 
Chapter 10.	Competitive Intelligence
10.1.	Top Market Strategies
10.2.	Company Profiles
10.2.1.	Weatherford 
10.2.1.1.	Key Information
10.2.1.2.	Overview
10.2.1.3.	Financial (Subject to Data Availability)
10.2.1.4.	Product Summary
10.2.1.5.	Recent Developments
10.2.2.	Huawei 
10.2.3.	Cisco
10.2.4.	Redline Communications
10.2.5.	Tait Communications
10.2.6.	Hitachi ABB Power Grids
10.2.7.	Mostar Communications
10.2.8.	Honeywell
10.2.9.	Intel
10.2.10.	Siemens
Chapter 11.	Research Process
11.1.	Research Process
11.1.1.	Data Mining
11.1.2.	Analysis
11.1.3.	Market Estimation
11.1.4.	Validation
11.1.5.	Publishing
11.2.	Research Attributes
11.3.	Research Assumption

Global Oilfield Communication Market is valued approximately at USD 3.4 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2021-2027. Oilfield communication refers to the communication systems that are implemented with the primary goal of providing support or assistance to the numerous oil and gas firms that may require information for oil exploration, production processes, reporting technologies, automation, and other operations. Growing investment in enhancing network infrastructure and growing demand from oil and gas operators in production are driving the market demand of oilfield communication market in the upcoming years. Furthermore, oil companies are driven to embrace oil field communication as cloud-based services become more widely used. This keeps their offshore facilities in connection with their inshore locations regarding production statistics, allowing for improved supply chain management. For oil firms, a seamless flow of materials is critical since their revenue is greatly dependent on turnover, and downtime must also be eliminated. For instance, during the last two and a half years, GE Oil & Gas, a service provider to oil and gas firms, has moved 350 of its apps to Amazon’s cloud platform, AWS. GE discovered that hosting its corporate applications on cloud services reduced the total cost of ownership by 52 percent on average. This is the prevalent tendency among the sector’s most progressive companies. However, cybersecurity risks may impede market growth over the forecast period of 2021-2027.

In the worldwide oilfield communications market, Europe is projected to have the largest market size, while the Middle East and Africa (MEA) is expected to grow at the fastest CAGR over the projected period. The rising number of oil refineries and various exploration activity across the region can be attributed to this rise. Countries in the MEA region have a variety of exploration sites, rigs, and refineries, as well as complicated control systems spread across the region, which will propel the oilfield communications market further.

Major market player included in this report are:

Weatherford
Huawei
Cisco
Redline Communications
Tait Communications
Hitachi ABB Power Grids
Mostar Communications
Honeywell
Intel
Siemens

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Components:
Solution
Services
By Communication network:
VSAT Communication Network
TETRA Communication Network
Cellular Communication Network
Fiber Optic-based Communication Network
Microwave Communication Network
By Application:
Upstream
Midstream
Downstream
By field site:
Onshore
Offshore
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Oilfield Communication Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


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