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Oil and Gas Digital Rock Analysis Market by Type and Geography - Forecast and Analysis 2022-2026

  • Published: Aug 2022
  • Pages: 126
  • SKU: IRTNTR74140
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The oil and gas digital rock analysis market share is expected to increase by USD 94.64 million from 2021 to 2026, and the market’s growth momentum will decelerate at a CAGR of 2.63%.

This oil and gas digital rock analysis market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers oil and gas digital rock analysis market segmentation by type (conventional and unconventional) and geography (North America, APAC, Europe, Middle East and Africa, and South America). The oil and gas digital rock analysis market report also offers information on several market vendors, including Baker Hughes Co., CGG SA, Core Laboratories NV, Dassault Systemes SE, Halliburton Co., iRock Technologies Co. Ltd., Math2Market GmbH, Schlumberger Ltd., Thermo Fisher Scientific Inc., and Weatherford International Plc among others.

What will the Oil and Gas Digital Rock Analysis Market Size be During the Forecast Period?

Oil and Gas Digital Rock Analysis Market Size

Download Report Sample to Unlock the Oil and Gas Digital Rock Analysis Market Size for the Forecast Period and Other Important Statistics

 

Oil and Gas Digital Rock Analysis Market: Key Drivers, Trends, and Challenges

The growing consumption of oil and gas is notably driving the oil and gas digital rock analysis market growth, although factors such as volatility in global crude oil prices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the oil and gas digital rock analysis industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Oil and Gas Digital Rock Analysis Market Driver

  • The growing consumption of oil and gas is one of the factors driving the oil and gas digital rock analysis market growth.
  • According to the US EIA, global consumption of petroleum and liquid fuels will increase by 1.9 million barrels per day (b/d) in 2023. 97.4 million b/d of petroleum and liquid fuel was consumed globally in April 2022, an increase of 2.1 million b/d from April 2021. 
  • The increase in the demand for oil and gas has given rise to the need to explore and produce oil and gas from new reservoirs, as many of the existing reservoirs have started reaching the stage of maturity or depletion. This has resulted in the drilling of new wells.
  • In the last decade, natural gas consumption has increased due to the increasing adoption of natural gas as a fuel. Moreover, with the increased consumption of fuels in developing economies such as India and China, the demand for natural gas is likely to rise during the forecast period. 
  • According to the IEA, the oil demand will continue to increase till 2040, and the use of natural gas will rise by 45% by 2040, with a high scope to expand in the power sector, which, will drive market growth in the coming years.

Key Oil and Gas Digital Rock Analysis Market Trend

  • Rise in unconventional oil and gas resources is one of the key oil and gas digital rock analysis market trends propelling the market growth.
  • The exploration and production industry is heavily dependent on crude oil prices and reflects the global supply-demand balance, which is also influenced by several political and macroeconomic factors.
  • Unconventional energy sources have received a significant push in the past decade. They were explored as crude oil, which was available in various formations, neared depletion.
  • The production of oil and gas from unconventional sources, particularly in the US and Canada, has substantially increased. Due to the increased production of crude oil from the US, the imports of the country have reduced considerably.
  • The increased drilling and production of crude oil from unconventional sources is due to the technological innovations that have brought down the cost of drilling from tight formations. Thus, new projects are in the planning stage, and several other formations are being explored, which will propel the market growth in the forecast period.

Key Oil and Gas Digital Rock Analysis Market Challenge

  • Volatility in global crude oil prices is one of the factors limiting the oil and gas digital rock analysis market growth.
  • According to the International Energy Agency (IEA), in March 2020, crude oil prices fell by 40% compared to the prices in March 2019. However, slow economic growth across the world rebounded the price of crude oil. 
  • The invasion of Russia in Ukraine in February negatively impacted the prices and production of crude oil. For instance, in June 2022, European Union (EU) adopted the sixth package of sanctions, including a partial ban on the import of crude oil from Russia.
  • Upstream companies are adversely affected when global crude oil prices fall as the price at which the crude oil is sold is determined by the market, while production costs remain largely fixed. Thus, any uncertainty in global crude oil prices is reflected in the form of lower investments in E&P projects and will negatively impact the growth of the oil and gas E&P industry during the forecast period.

This oil and gas digital rock analysis market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global oil and gas digital rock analysis market as a part of the global oilfield equipment and services within the global oil and gas market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the oil and gas digital rock analysis market during the forecast period.

Who are the Major Oil and Gas Digital Rock Analysis Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Baker Hughes Co.
  • CGG SA
  • Core Laboratories NV
  • Dassault Systemes SE
  • Halliburton Co.
  • iRock Technologies Co. Ltd.
  • Math2Market GmbH
  • Schlumberger Ltd.
  • Thermo Fisher Scientific Inc.
  • Weatherford International Plc

 

This statistical study of the oil and gas digital rock analysis market encompasses successful business strategies deployed by the key vendors. The oil and gas digital rock analysis market is concentrated and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • bakerhughes.com - The oilfield services segment includes advanced drilling and evaluation technologies to drill and place wells in productive zones to ensure well integrity and reservoir connectivity.
  • bakerhughes.com - The company offers oil and gas digital rock analysis for remote operations, advisory, and data management.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The oil and gas digital rock analysis market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Oil and Gas Digital Rock Analysis Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the oil and gas digital rock analysis market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for the Oil and Gas Digital Rock Analysis Market?

Oil and Gas Digital Rock Analysis Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

44% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for the oil and gas digital rock analysis market in North America. Market growth in this region will be slower than the growth of the market in APAC.

A rising number of E&P projects will facilitate the oil and gas digital rock analysis market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 negatively affected the growth of the market. However, the lifting of COVID-19-related restrictions due to the initiation of large-scale vaccination drives increased the demand for liquid fuels in 2021. Such factors will drive the growth of the regional market in the coming years.

What are the Revenue-generating Type Segments in the Oil and Gas Digital Rock Analysis Market?

Oil and Gas Digital Rock Analysis Market Share

To gain further insights on the market contribution of various segments Request PDF Sample

The oil and gas digital rock analysis market share growth by the conventional segment will be significant during the forecast period. The information derived from the oil and gas digital rock analysis technique can be used by oil and gas companies as input to numerical reservoir simulators, fracturing design programs, and analytical PTA analyses to improve reserves forecasts, rate forecasts, well placement, and completion designs. Thus, the rising demand for oil and gas across the world will require more conventional methods such as drilling and E&P activities, which, in turn, will spur the demand for oil and gas digital rock analysis techniques. Such factors will propel the growth of the conventional segment during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the oil and gas digital rock analysis market size and actionable market insights on post COVID-19 impact on each segment.

 

Oil and Gas Digital Rock Analysis Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 2.63%

Market growth 2022-2026

$ 94.64 million

Market structure

Concentrated

YoY growth (%)

2.77

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

North America at 44%

Key consumer countries

US, Canada, China, Russia, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Baker Hughes Co., CGG SA, Core Laboratories NV, Dassault Systemes SE, Halliburton Co., iRock Technologies Co. Ltd., Math2Market GmbH, Schlumberger Ltd., Thermo Fisher Scientific Inc., and Weatherford International Plc

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

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What are the Key Data Covered in this Oil and Gas Digital Rock Analysis Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive oil and gas digital rock analysis market growth during the next five years
  • Precise estimation of the oil and gas digital rock analysis market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the oil and gas digital rock analysis industry across North America, APAC, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of oil and gas digital rock analysis market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Type

    • 5.1 Market segments
      • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
    • 5.2 Comparison by Type
      • Exhibit 26: Chart on Comparison by Type
      • Exhibit 27: Data Table on Comparison by Type
    • 5.3 Conventional - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Conventional - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Conventional - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Conventional - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Conventional - Year-over-year growth 2021-2026 (%)
    • 5.4 Unconventional - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Unconventional - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Unconventional - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Unconventional - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Unconventional - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Type
      • Exhibit 36: Market opportunity by Type ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 APAC - Market size and forecast 2021-2026
      • Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 Canada - Market size and forecast 2021-2026
      • Exhibit 66: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.10 China - Market size and forecast 2021-2026
      • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.11 Russia - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Russia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Russia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Russia - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Russia - Year-over-year growth 2021-2026 (%)
    • 7.12 France - Market size and forecast 2021-2026
      • Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 Baker Hughes Co.
              • Exhibit 89: Baker Hughes Co. - Overview
              • Exhibit 90: Baker Hughes Co. - Business segments
              • Exhibit 91: Baker Hughes Co. - Key news
              • Exhibit 92: Baker Hughes Co. - Key offerings
              • Exhibit 93: Baker Hughes Co. - Segment focus
            • 10.4 CGG SA
              • Exhibit 94: CGG SA - Overview
              • Exhibit 95: CGG SA - Business segments
              • Exhibit 96: CGG SA - Key offerings
              • Exhibit 97: CGG SA - Segment focus
            • 10.5 Core Laboratories NV
              • Exhibit 98: Core Laboratories NV - Overview
              • Exhibit 99: Core Laboratories NV - Business segments
              • Exhibit 100: Core Laboratories NV - Key offerings
              • Exhibit 101: Core Laboratories NV - Segment focus
            • 10.6 Dassault Systemes SE
              • Exhibit 102: Dassault Systemes SE - Overview
              • Exhibit 103: Dassault Systemes SE - Product / Service
              • Exhibit 104: Dassault Systemes SE - Key news
              • Exhibit 105: Dassault Systemes SE - Key offerings
            • 10.7 Halliburton Co.
              • Exhibit 106: Halliburton Co. - Overview
              • Exhibit 107: Halliburton Co. - Business segments
              • Exhibit 108: Halliburton Co. - Key news
              • Exhibit 109: Halliburton Co. - Key offerings
              • Exhibit 110: Halliburton Co. - Segment focus
            • 10.8 iRock Technologies Co. Ltd.
              • Exhibit 111: iRock Technologies Co. Ltd. - Overview
              • Exhibit 112: iRock Technologies Co. Ltd. - Product / Service
              • Exhibit 113: iRock Technologies Co. Ltd. - Key offerings
            • 10.9 Math2Market GmbH
              • Exhibit 114: Math2Market GmbH - Overview
              • Exhibit 115: Math2Market GmbH - Product / Service
              • Exhibit 116: Math2Market GmbH - Key offerings
            • 10.10 Schlumberger Ltd.
              • Exhibit 117: Schlumberger Ltd. - Overview
              • Exhibit 118: Schlumberger Ltd. - Business segments
              • Exhibit 119: Schlumberger Ltd. - Key offerings
              • Exhibit 120: Schlumberger Ltd. - Segment focus
            • 10.11 Thermo Fisher Scientific Inc.
              • Exhibit 121: Thermo Fisher Scientific Inc. - Overview
              • Exhibit 122: Thermo Fisher Scientific Inc. - Business segments
              • Exhibit 123: Thermo Fisher Scientific Inc. - Key news
              • Exhibit 124: Thermo Fisher Scientific Inc. - Key offerings
              • Exhibit 125: Thermo Fisher Scientific Inc. - Segment focus
            • 10.12 Weatherford International Plc
              • Exhibit 126: Weatherford International Plc - Overview
              • Exhibit 127: Weatherford International Plc - Business segments
              • Exhibit 128: Weatherford International Plc - Key news
              • Exhibit 129: Weatherford International Plc - Key offerings
              • Exhibit 130: Weatherford International Plc - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 131: Inclusions checklist
                • Exhibit 132: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 133: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 134: Research methodology
                • Exhibit 135: Validation techniques employed for market sizing
                • Exhibit 136: Information sources
              • 11.5 List of abbreviations
                • Exhibit 137: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
              Interested in this report?
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              Oil and Gas Digital Rock Analysis market growth will increase by $94.64 million during 2022-2026.
              The oil and gas digital rock analysis market is expected to grow at a CAGR of 2.63% during 2022-2026.
              Technavio has segmented the oil and gas digital rock analysis market by geographic (North America, APAC, Europe, Middle East and Africa, and South America).
              Baker Hughes Co., CGG SA, Core Laboratories NV, Dassault Systemes SE, Halliburton Co., iRock Technologies Co. Ltd., Math2Market GmbH, Schlumberger Ltd., Thermo Fisher Scientific Inc., Weatherford International Plc are a few of the key vendors in the oil and gas digital rock analysis market.
              North America will register the highest growth rate of 43.55% among the other regions. Therefore, the oil and gas digital rock analysis market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the oil and gas digital rock analysis market growth are:
              • Growing consumption of oil and gas
              • Rise in unconventional oil and gas resources
              The oil and gas digital rock analysis market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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              • Five-force market analysis

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