AI in Oil and Gas Market 2018-2023 by Key Regions, Manufacturers, Production, Consumption, Revenue, Opportunities

AI in Oil & Gas

AI in Oil & Gas Market covers worldwide information and accurate data about AI in Oil & Gas Industry, with a complete study of market-based on market drivers, market challenges, future trends. AI in Oil & Gas market also provides analysis by type, application, regions, manufacturers, technology, new entrants, raw materials analysis, manufacturing process.

Global AI in Oil & Gas market is projected to reach a CAGR of 12.14% between 2018 and 2023.

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Top Manufacturers in AI in Oil & Gas Market: – Google LLC (for Total SA) IBM Corp. (for ExxonMobil) FuGenX Technologies Pvt Ltd Hortonworks Inc. Microsoft Corporation (Chevron) Intel Corp. Royal Dutch Shell PLC (Shell Virtual Assistant) PJSC Gazprom Neft Huawei Technologies Co. Ltd (Sinopec Group) Nvdia Corp. (Baker Hughes) Infosys Ltdand many more.

AI in Oil & Gas Market Dynamics

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  • Opportunities

    Key Developments in the AI in Oil & Gas Market: in the AI in Oil & Gas Market
    Jun 2018 – Hortonworks Inc. launched Hortonworks Data Platform (HDP) 3.0, which delivers significant new enterprise features, including containerization, for faster and easier deployment of applications and increased developer productivity. The new version of HDP enables customers to quickly, reliably, and securely obtain value from their data at scale, to drive business transformation.
    Apr 2017 – Huawei collaborated with PCITC (Petro-CyberWorks Information Technology Co.), a smart manufacturing platform, which is not only the two parties’ first significant joint innovation since they inked strategic partnerships but also the core aspect of Smart Factory 2.0, within the Sinopec Group. This platform comprised of eight major capabilities, including centralized integration, IoT access, IT management and control, optimization, shared services, data processing and analysis, and AI.
    AI in Oil & Gas Market

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    Geographical Regions: – US, Canada, Mexico, Rest of North America, Brazil, Argentina, Rest of South America, China, Japan, India, Rest of Asia-Pacific, UK, Germany, France, Rest of Europe, UAE, South Africa, Saudi Arabia

    Reasons to Purchase AI in Oil & Gas Market Report Covered:

    • The report examines how AI in Oil & Gas market will develop in the future.
    • Studying various views of the AI in Oil & Gas market with the help of Porter’s five forces analysis.
    • Analyzing the product type that is probably to control the market and regions that are likely to witness the fastest development during the forecast period
    • Identify the new developments, AI in Oil & Gas market shares and strategies employed by the key market players.
    • Competitive landscape including the market share of major players along with the key strategies accepted for growth in the past five years
    • Complete company profiles covering the product offerings, key financial information, current developments, SWOT analysis and strategies employed by the major AI in Oil & Gas market players

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    AI in Oil & Gas Market drives a strong trend of R&D investments in this industry. Other growth drivers include the need to curtail costs, growth and increased use of shifting commodity prices, the strength of private label brands and increased competition from players in AI in Oil & Gas market.