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AI in Oil & Gas Market, Global Outlook and Forecast 2023-2030

The global AI in Oil & Gas market was valued at US$ 2636.3 million in 2022 and is projected to reach US$ 5338 million by 2029, at a CAGR of 10.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
This report aims to provide a comprehensive presentation of the global market for AI in Oil & Gas, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding AI in Oil & Gas. This report contains market size and forecasts of AI in Oil & Gas in global, including the following market information:

  • Global AI in Oil & Gas Market Revenue, 2018-2023, 2024-2030, ($ millions)
  • Global top five companies in 2022 (%)

The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Hardware Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of AI in Oil & Gas include IBM, Accenture, Google, Microsoft Corporation, Oracle, Microsoft Corporation, Oracle, EY and Intel, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the AI in Oil & Gas companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global AI in Oil & Gas Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global AI in Oil & Gas Market Segment Percentages, by Type, 2022 (%)

  • Hardware
  • Software
  • Services

Global AI in Oil & Gas Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global AI in Oil & Gas Market Segment Percentages, by Application, 2022 (%)

  • Upstream
  • Midstream
  • Downstream

Global AI in Oil & Gas Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global AI in Oil & Gas Market Segment Percentages, By Region and Country, 2022 (%)

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies AI in Oil & Gas revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies AI in Oil & Gas revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:

  • IBM
  • Accenture
  • Google
  • Microsoft Corporation
  • Oracle
  • Microsoft Corporation
  • Oracle
  • EY
  • Intel
  • FuGenX Technologies
  • Baker Hughes
  • Halliburton
  • Schlumberger

Outline of Major Chapters:

  • Chapter 1: Introduces the definition of AI in Oil & Gas, market overview.
  • Chapter 2: Global AI in Oil & Gas market size in revenue.
  • Chapter 3: Detailed analysis of AI in Oil & Gas company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6: Sales of AI in Oil & Gas in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: The main points and conclusions of the report.