Internet of Things (IoT) Oil & Gas Market – Global Analysis and Forecast (2023-2029)

Internet of Things (IoT) Oil & Gas Market is anticipated to reach up to USD 55.48 billion in 2029 from 13.03 billion in 2022 at CAGR of around 23 % during the forecasted period. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.Internet of Things(IoT) Oil and Gas MarketTo know about the Research Methodology:-Request Free Sample Report

Internet of Things (IoT) Oil & Gas Market, Dynamics:

Internet of Things (IoT) Oil & Gas Market is segmented by solution, application, and geography. Based on the solution splits into platforms and analytics. Applications are classified into upstream, midstream, downstream. Geography-wise divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Oil and gas is a booming industry. The oil and gas industry is one of the initial adopters of the Internet of Things (IoT). Oil and gas companies combine the IoT, machine learning and the cloud for better management of remote facilities and tank collection sites so they can act in real-time as safety and regulatory issues arise. The implementation of IoT technology also allows oil and gas companies to make repairs at oil and gas in a safer way. Connected systems can be programmed to send alerts to other connected devices if they begin to fail or high-pressure situation, malfunction, or any other dangerous issues. Based on the solution, Analytics segment accounted for a major market share in comparison to other IoT solution platform in terms of value. Accounted for approximately 76.00% share in total IoT in the O&G market for 2022. Analytics and platforms are expected to witness a high growth rate due to increase in use of sensors and devices will drive the need for device management and data analytics among others, the oil and gas industry being asset-intensive industry with more than half of the infrastructure is aging, and rising in use of new advanced technologies for exploration. On the basis of application, upstream application held a major share in terms of an Internet of Things (IoT) Oil & Gas market value in 2022 among all the mentioned application types. In the coming future, an upstream application is expected to grow to the use of new technologies during exploration and drilling phase such as hydraulic manufacturing and 3D seismic technologies among others, a boom in the U.S. for shale oil production, reduction of capital expenditures on advance projects for exploration and drilling and increasing uptime among others.

Internet of Things (IoT) Oil & Gas Market, Regional Analysis:

In terms of geography, North America dominated the Global Internet of Things (IoT) Oil & Gas Market in 2022. A dominance of North America in market share is due to growth in a production rate of shale oil and tight oil, among others, a recent announcement for expansion of pipelines and offshore shipping to transport oil is expected to drive the midstream market in the U.S. Internet of Things (IoT) Oil & Gas Market, Key Highlights: 1. Global Internet of Things (IoT) Oil & Gas Market analysis and forecast, in terms of value. 2. Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Internet of Things (IoT) Oil & Gas Market 3. Global Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. 4. Global Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. 5. Global Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. 6. Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. 7. Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Internet of Things (IoT) Oil & Gas Market are also profiled.

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Global Internet of Things (IoT) Oil & Gas Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 13.03 Bn.
Forecast Period 2023 to 2029 CAGR: 23 % Market Size in 2029: US $ 55.48 Bn.
Segments Covered: by Solution  Platforms Analytics
by Application Upstream, Midstream, Downstream

Internet of Things (IoT) Oil & Gas Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Key Players:

1. ABB Ltd 2. AGT INTERNATIONAL 3. CARRIOTS S.L 4. C3 IoT 5. CISCO SYSTEMS 6. NUMEREX CORP 7. PARAMETRIC TECHNOLOGY (PTC) 8. SAP SE 9. DAVRA NETWORKS 10.EUROTECH SPA 11.GENERAL ELECTRIC COMPANY 12.HONEYWELL INTERNATIONAL INC 13.INTEL CORPORATION 14.INTERNATIONAL BUSINESS MACHINES CORPORATION 15.KORE TELEMATICS 16.MICROSOFT CORPORATION 17.SIEMENS AG 18.TELIT 19.WIND RIVER 20.PERTEX MANAGEMENT AND TECHNOLOGY CONSULTING LLC 21.SCHNEIDER ELECTRIC 22.EMBITEL TECHNOLOGIES INC 23.SIGFOX 24.TOTAL ENERGY VENTURES INTERNATIONAL’S 25.PELOTON Technology Frequently Asked questions 1. What is the market size of the Global Market in 2022? Ans. The market size Global Market in 2022 was US$ 13.03 Billion. 2. What are the different segments of the Global Market ? Ans. The Global Market  is divided into Application and Solution. 3. What is the study period of this market? Ans. The Global Market will be studied from 2022 to 2029. 4. Which region is expected to hold the highest Global Internet of Things (IoT) Oil & Gas Market share? Ans. The Asia Pacific dominates the market share in the  market. 5. What  is the Forecast Period of Global Market ? Ans. The Forecast Period of the market is 2023-2029 in the market.
1. Internet of Things (IoT) Oil & Gas Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Internet of Things (IoT) Oil & Gas Market: Dynamics 2.1. Internet of Things (IoT) Oil & Gas Market Trends by Region 2.1.1. North America Internet of Things (IoT) Oil & Gas Market Trends 2.1.2. Europe Internet of Things (IoT) Oil & Gas Market Trends 2.1.3. Asia Pacific Internet of Things (IoT) Oil & Gas Market Trends 2.1.4. Middle East and Africa Internet of Things (IoT) Oil & Gas Market Trends 2.1.5. South America Internet of Things (IoT) Oil & Gas Market Trends 2.2. Internet of Things (IoT) Oil & Gas Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Internet of Things (IoT) Oil & Gas Market Drivers 2.2.1.2. North America Internet of Things (IoT) Oil & Gas Market Restraints 2.2.1.3. North America Internet of Things (IoT) Oil & Gas Market Opportunities 2.2.1.4. North America Internet of Things (IoT) Oil & Gas Market Challenges 2.2.2. Europe 2.2.2.1. Europe Internet of Things (IoT) Oil & Gas Market Drivers 2.2.2.2. Europe Internet of Things (IoT) Oil & Gas Market Restraints 2.2.2.3. Europe Internet of Things (IoT) Oil & Gas Market Opportunities 2.2.2.4. Europe Internet of Things (IoT) Oil & Gas Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Internet of Things (IoT) Oil & Gas Market Drivers 2.2.3.2. Asia Pacific Internet of Things (IoT) Oil & Gas Market Restraints 2.2.3.3. Asia Pacific Internet of Things (IoT) Oil & Gas Market Opportunities 2.2.3.4. Asia Pacific Internet of Things (IoT) Oil & Gas Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Internet of Things (IoT) Oil & Gas Market Drivers 2.2.4.2. Middle East and Africa Internet of Things (IoT) Oil & Gas Market Restraints 2.2.4.3. Middle East and Africa Internet of Things (IoT) Oil & Gas Market Opportunities 2.2.4.4. Middle East and Africa Internet of Things (IoT) Oil & Gas Market Challenges 2.2.5. South America 2.2.5.1. South America Internet of Things (IoT) Oil & Gas Market Drivers 2.2.5.2. South America Internet of Things (IoT) Oil & Gas Market Restraints 2.2.5.3. South America Internet of Things (IoT) Oil & Gas Market Opportunities 2.2.5.4. South America Internet of Things (IoT) Oil & Gas Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Internet of Things (IoT) Oil & Gas Industry 2.8. Analysis of Government Schemes and Initiatives For Internet of Things (IoT) Oil & Gas Industry 2.9. Internet of Things (IoT) Oil & Gas Market Trade Analysis 2.10. The Global Pandemic Impact on Internet of Things (IoT) Oil & Gas Market 3. Internet of Things (IoT) Oil & Gas Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 3.1.1. Platforms 3.1.2. Analytics 3.2. Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 3.2.1. Upstream, 3.2.2. Midstream, 3.2.3. Downstream 3.3. Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Internet of Things (IoT) Oil & Gas Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 4.1.1. Platforms 4.1.2. Analytics 4.2. North America Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 4.2.1. Upstream, 4.2.2. Midstream, 4.2.3. Downstream 4.3. North America Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 4.3.1.1.1. Platforms 4.3.1.1.2. Analytics 4.3.1.2. United States Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 4.3.1.2.1. Upstream, 4.3.1.2.2. Midstream, 4.3.1.2.3. Downstream 4.3.2. Canada 4.3.2.1. Canada Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 4.3.2.1.1. Platforms 4.3.2.1.2. Analytics 4.3.2.2. Canada Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 4.3.2.2.1. Upstream, 4.3.2.2.2. Midstream, 4.3.2.2.3. Downstream 4.3.3. Mexico 4.3.3.1. Mexico Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 4.3.3.1.1. Platforms 4.3.3.1.2. Analytics 4.3.3.2. Mexico Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 4.3.3.2.1. Upstream, 4.3.3.2.2. Midstream, 4.3.3.2.3. Downstream 5. Europe Internet of Things (IoT) Oil & Gas Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 5.2. Europe Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 5.3. Europe Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 5.3.1.2. United Kingdom Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 5.3.2. France 5.3.2.1. France Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 5.3.2.2. France Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 5.3.3.2. Germany Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 5.3.4.2. Italy Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 5.3.5.2. Spain Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 5.3.6.2. Sweden Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 5.3.7.2. Austria Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 5.3.8.2. Rest of Europe Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 6. Asia Pacific Internet of Things (IoT) Oil & Gas Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 6.2. Asia Pacific Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 6.3. Asia Pacific Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 6.3.1.2. China Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 6.3.2.2. S Korea Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 6.3.3.2. Japan Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 6.3.4. India 6.3.4.1. India Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 6.3.4.2. India Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 6.3.5.2. Australia Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 6.3.6.2. Indonesia Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 6.3.7.2. Malaysia Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 6.3.8.2. Vietnam Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 6.3.9.2. Taiwan Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 6.3.10.2. Rest of Asia Pacific Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 7. Middle East and Africa Internet of Things (IoT) Oil & Gas Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 7.2. Middle East and Africa Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 7.3. Middle East and Africa Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 7.3.1.2. South Africa Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 7.3.2.2. GCC Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 7.3.3.2. Nigeria Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 7.3.4.2. Rest of ME&A Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 8. South America Internet of Things (IoT) Oil & Gas Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 8.2. South America Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 8.3. South America Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 8.3.1.2. Brazil Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 8.3.2.2. Argentina Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Internet of Things (IoT) Oil & Gas Market Size and Forecast, by Solution (2022-2029) 8.3.3.2. Rest Of South America Internet of Things (IoT) Oil & Gas Market Size and Forecast, by application (2022-2029) 9. Global Internet of Things (IoT) Oil & Gas Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Internet of Things (IoT) Oil & Gas Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. ABB Ltd 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. AGT INTERNATIONAL 10.3. CARRIOTS S.L 10.4. C3 IoT 10.5. CISCO SYSTEMS 10.6. NUMEREX CORP 10.7. PARAMETRIC TECHNOLOGY (PTC) 10.8. SAP SE 10.9. DAVRA NETWORKS 10.10. EUROTECH SPA 10.11. GENERAL ELECTRIC COMPANY 10.12. HONEYWELL INTERNATIONAL INC 10.13. INTEL CORPORATION 10.14. INTERNATIONAL BUSINESS MACHINES CORPORATION 10.15. KORE TELEMATICS 10.16. MICROSOFT CORPORATION 10.17. SIEMENS AG 10.18. TELIT 10.19. WIND RIVER 10.20. PERTEX MANAGEMENT AND TECHNOLOGY CONSULTING LLC 10.21. SCHNEIDER ELECTRIC 10.22. EMBITEL TECHNOLOGIES INC 10.23. SIGFOX 10.24. TOTAL ENERGY VENTURES INTERNATIONAL’S 10.25. PELOTON Technology 11. Key Findings 12. Industry Recommendations 13. Internet of Things (IoT) Oil & Gas Market: Research Methodology 14. Terms and Glossary
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