Insights on the Global Oilfield Communications Market to 2027 | Industry Statistics, Emerging Demands, Forecast to 2027

The Global Oilfield Communication Market is expected to grow at a significant CAGR during the forecast period. The technology that is used to collect data and information required by the oil and gas sector, from field locations and send it over communication networks, is known as oilfield communications. These communication systems support major oil companies that require advanced technologies for tracking, reporting, and automation. Furthermore, oilfield communications require a strong and dependable wireless network that can function over long distances and in rough weather. Oilfield communications systems and techniques support different apps to deliver fast internet speed, enhancing the cost-effectiveness and security of oilfield services.

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Oil companies are compelled to use oil field communication as cloud-based services become more widely adopted. This keeps their offshore sites in contact with their inshore sites regarding production statistics, allowing for improved supply chain management. For oil companies, a smooth flow of materials is essential because their profitability is heavily dependent on turnover, and downtime should be avoided. The growing adoption of cloud-based services will drive the oilfield communication market growth globally.

Market Coverage

·                  The market number available for – 2020-2027

·                  Base year- 2020

·                  Forecast period- 2021-2027

Segment Covered- 

·                  By solution

·                  By Technology

·                  By Field site

Region covered

·                  North America

·                  Europe

·                  Asia-pacific

·                  Rest of world

·        Competitive Landscape- Alcatel Lucent SA, Huawei Technologies Co. Ltd., Siemens AG, Speedcast International Limited, and Rad Data Communications Inc., among others.

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Global Oilfield Communication Market by Segments 

By Solution

·        M2M Communication

·        Asset Performance Communication

·        Unified Communication

·        VoIP Solutions

·        Video Conferencing

·        Pipeline Supervisory Control and Data Acquisition

·        Fleet Management Communication

·        Oilfield to Control Centre Data Communication

·        Wi-Fi Hotspot

·        Others

By Technology 

·        Cellular Communication Network

·        VSAT Communication Network

·        Fibre Optic-Based Communication Network

·        Microwave Communication Network

·        Tetra Network

By Field site

·        On-shore Communication

·        Off-shore Communication

Global Oilfield Communication Market by Region           

North America

·        United States

·        Canada

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan

·                  South Korea

·                  Rest of APAC

Rest of the World

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(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)

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