Oilfield Services Market Outlook: Impact of Digitalization, AI,...

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2025-08-25 09:21:58

Oilfield Services Market Outlook: Impact of Digitalization, AI, and IoT on Exploration and Production Efficiency

Oilfield Services Market reached US$ 283.16 billion in 2023 and is expected to reach US$ 451.51 billion by 2031, growing with a CAGR of 6.01% during the forecast period 2024-2031, according to DataM Intelligence report. The oilfield services market comprises a diverse group of companies that provide specialized equipment, technology, and expertise to the oil and gas industry. These services...

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