The Business Research Company’s Oilfield Communications Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Oilfield Communications Global Market Report 2023 evaluates oilfield communications market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global oilfield communications market size grew from $3.52 billion in 2022 to $3.77 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The oilfield communications market size is expected to grow to $4.86 billion in 2027 at a CAGR of 6.6%.
The oilfield communications market segments in the report are:
1) Oilfield Communications Market By Communication Network:
Cellular Communication Network
VSAT Communication Network
Fiber Optic-Based Communication Network
Microwave Communication Network
Tetra Network
2) Oilfield Communications Market By Component:
Solutions
Services
3) Oilfield Communications Market By Technology:
Cellular Network
VoIP
Unified Communications
M2M
Microwave Communication
WiMAX
VSAT
TETRA
Fiber Optics
WAN
LAN
4) Oilfield Communications Market By Field Site:
Onshore
Offshore
Top Major Players:
Huawei Technologies Co. Ltd.
Siemens AG
Speedcast
ABB Power Grids Ltd.
Ceragon Networks Ltd.
North America will be the largest region in the oilfield communications market in 2022. North America is expected to be the fastest-growing region in the forecast period.
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The table of contents in TBRC’s oilfield communications market report includes:
1. Executive Summary
2. Oilfield Communications Market Characteristics
3. Oilfield Communications Market Trends And Strategies
4. Oilfield Communications Market – Macro Economic Scenario
5. Oilfield Communications Market Size And Growth
…….
26. Africa Oilfield Communications Market
27. Oilfield Communications Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Oilfield Communications Market
29. Oilfield Communications Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Oilfield Communications Market, Segmentation By Communication Network, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Oilfield Communications Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Oilfield Communications Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
………..
Table 47: Huawei Technologies Co. Ltd. Financial Performance
Table 48: Siemens AG Financial Performance
Table 49: Speedcast Financial Performance
Table 50: ABB Power Grids Ltd Financial Performance
Table 51: Ceragon Networks Ltd Financial Performance
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