7Newswire
17 Jun 2022, 00:51 GMT+10
NEWARK, Del: The oilfield communications market is expected to grow at a CAGR of 5.4%, from US$ 3.8 Billion in 2022 to USD 6.4 billion by 2032. Increasing investments in network infrastructure, rising demand for oilfield communications from oil and gas operators to scale the production of mature oilfields, and rising technological advancements for communication across oilfields are expected to drive the adoption of the oilfield communications market.
Businesses that provide oilfield communications solutions and services are expected to see a significant drop in oilfield communications market growth due to the COVID-19 pandemic-led global lockdown.
Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-13083
The pandemic caused oilfield communications companies to face liquidity crises, healthier companies to diversify their businesses, and companies to face a skilled workforce shortage when the oilfield communications market recovers due to layoffs during the lockdown.
Demand for oilfield communications has risen rapidly, and companies are investing heavily in exploring new oil fields, particularly in the Asia Pacific.
The reliable and fast network enables oil and gas companies to discover new remote offshore and onshore oilfields, which may influence the oilfield communications market key trends and opportunities.
The major oil exploration companies that are establishing operations in harsh and remote areas are driving up demand for oilfield communications solutions.
Most of the major oil exploration companies are advancing their technologies in response to the increasing demand for high bandwidth communication.
KEY TAKEAWAYS:
Buy Now@ https://www.futuremarketinsights.com/checkout/13083
COMPETITIVE LANDSCAPE:
New market research report on Oilfield Communications says that Huawei Technologies Co., Ltd., Siemens AG, Speedcast, Weatherford International plc, and Ceragon are among the legacy players vendors.
The research offers a comprehensive competition analysis of these top competitors in the oilfield communications market, including oilfield communications market growth, oilfield communications market share, oilfield communications market adoption trends and important market strategies.
Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-13083
Key Segments
By Component:
By Communication Network:
By Application:
By Field Site:
By Region:
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Summary of Statistics
1.3. Key Market Characteristics & Attributes
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage
2.2. Market Definition
3. Market Risks and Trends Assessment
3.1. Risk Assessment
3.1.1. COVID-19 Crisis and Impact on Oilfield Communications
3.1.2. COVID-19 Impact Benchmark with Previous Crisis
3.1.3. Impact on Market Value (US$ Mn)
3.1.4. Assessment by Key Countries
3.1.5. Assessment by Key Market Segments
3.1.6. Action Points and Recommendation for Suppliers
3.2. Key Trends Impacting the Market
3.3. Formulation and Product Development Trends
4. Market Background
4.1. Oilfield Communications Market, by Key Countries
4.2. Oilfield Communications Market Opportunity Assessment (US$ Mn)
4.2.1. Total Available Market
4.2.2. Serviceable Addressable Market
4.2.3. Serviceable Obtainable Market
4.3. Market Scenario Forecast
Get detailed TOC @ https://www.futuremarketinsights.com/toc/rep-gb-13083
Explore FMI's Extensive ongoing Coverage on Technology Market Insights
Freight Management Software Market - The freight management software market is anticipated to have an effective CAGR of 6.4% during the period of 2022-2032.
Headless CMS Software Market - The Headless CMS Software Market is forecasted to register 20.1% CAGR during the forecast period (2022-2032), projected to reach US$ 3.8 Bn by 2032.
Catering Management Market - The catering management market is projected to record a CAGR of 4.3% during the forecast period (2022 - 2032).
Digital Writing Instruments Market - The global digital writing instruments market is anticipated to secure a market value of US$ 2,288.5 Mn by 2027 with a CAGR of 9.4% during 2017 - 2027.
Native Video Advertising Market - The native video advertising market is predicted to register a CAGR of 25.2% during the forecast period (2022 - 2032).
About Us
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/oilfield-communications-market
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
Get a daily dose of Mediterranean Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Mediterranean Times.
More InformationBRUSSELS, Belgium - Some Ryanair cabin crew went on strike Friday in Belgium, Spain, and Portugal over pay and working ...
LONDON, England: Surging food prices in the UK pushed consumer price inflation to 9.1 percent last month, a 40-year record ...
LONDON, England: Prices for British homes this month rose at the slowest rate since January, as the cost of living ...
AMSTERDAM, Netherlands: Amidst Europe's response to Moscow's invasion of Ukraine and subsequent reduction of the deliveries of Russian gas, Germany, ...
NEW DELHI, India: The European Union and India have relaunched talks to implement a free trade agreement, aimed to be ...
LONDON, England: UK General Patrick Sanders, the new Chief of the General Staff, has told troops that Britain must be ...
MOSCOW, Russia: The UK newspaper, the Telegraph, has been blocked in Russia, following a request from the Russian prosecutor-general.The TASS ...
LAHORE, Pakistan - An Airbus 320 carrying 171 passengers narrowly avoided an accident at Allama Iqbal International Airport, Pakistan's second-largest ...
WASHINGTON, DC - U.S. President Joe Biden on Friday vowed to "do all in my power" to protect a woman's ...
YANGON, Myanmar - According to military-run media, a junta delegation discussed nuclear technology collaboration with a Russian state-owned atomic energy ...
DHAKA, Bangladesh - The United States Agency for International Development (USAID) is providing more than Tk2.3 crore in emergency funding ...
PHNOM PENH, Cambodia: Cambodian villagers on the Mekong River have caught a stingray fish weighing 661 pounds, which is the ...