Oilfield Communications Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Service (Professional Service, Managed Service), By Communication Network (Cellular Communication Network, VSAT Communication Network, Fiber Optic-based Communication Network, Microwave Communication Network and Tetra Communication Network), By Field Site (Onsite Communication and Offshore Communication), 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 Center Data Communication, Wi-Fi Hotspot), By Region, Competition

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Summary

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Report Description

Global Oilfield Communications Market is growing rapidly owing to the increasing demand for cloud-based services in oilfield infrastructure. Cloud capability has become one of the significant factors offering cutting edge services for better efficiency, scalability, and customers’ experience. Many enterprises are adopting oilfield communication technology as a cost-effective solution to bolster business operations and supply-chain productivity. The high usage of energy coupled with increasing offshore oil production and ultra-deep water drilling discoveries are enabling the oilfield communications market. Moreover, the growth of the market is also on account of the increasing demand to reduce operational costs and rising investments in enhancing network infrastructure across the globe during the forecast period. Technology has become the key enabler of excellence and businesses are gradually changing the business process with the integration of 5G infrastructure as digitalization emerges, which is expected to boost the global oilfield communications market during the forecast period.

Oilfield communications refers to the technology used to gather information and data from onshore and offshore facilities and transmit it through communication networks. It helps with data manipulation, transmitting data between programs, eliciting responses and transaction processing. Technology integrates and transforms oilfield operations by bridging the gap between supply and demand. Oilfield communications businesses streamline the workflows, by enabling organizations to be more flexible, profitable, and responsive.

Network communication plays a vital part in this process while the reliable and fast network empowers oil & gas companies for streamlining business operations and to discover new remote offshore and onshore oilfields. Modern communications technology such as satellites, cellular networks and fiber optics have further streamlined mission-critical communications. With the integration of effective and reliable communication technologies, offshore workers can easily share oil drilling data with an onshore team. Oilfield communications are utilized to increase the efficiency of equipment, enhance infrastructure operations, and keep employees safe. Oilfield communication networks such as VSAT, fiber optic platform, cellular and microwave communication network are enabling businesses to automate more sophisticated data sharing, data security, and application performance management.

Increasing Investment in Enhancing Network Infrastructure

The exponential growth and the massive adoption of advanced technologies such as machine learning, artificial intelligence, cognitive intelligence, cloud is driving the oilfield communication market globally as due to the increasing investment in enhancing network infrastructure. As steadfast communication is required for supporting mission critical operations in the oilfields which requires reliable hardware. Over the years, many countries including GCC have invested heavily in improving their telecommunication infrastructure. Enterprises are rapidly combining Artificial Intelligence (AI) and cognitive technologies with automation to extend the horizons of business processes. The infrastructure supports enhancement of health and safety policies, resource management, network connectivity and welfare of the crew. These benefits are leading to an increase in investment toward network communicationto meet their ambitious digital transformation plans that are creating the demand for oilfield communications solution and has anticipated the growth of oilfield communications in the market.

Increasing Adoption of Cloud-based Services in Oil & Gas Industry

The increasing adoption for modern cloud-based technologies in the oil & gas companies are driving the growth of global oilfield communication market across the world as the cloud services offer improved real-time data, greater flexibility in infrastructure costs and adaptability to scale the data management and storage.Cloud-based technology such as computing services have become an attractive option to maintain and monitor production units, wells, and oilfields. The enterprises are transitioning and utilizing edge and cloud services to digitalize their assets, decentralize data processing and implementing SaaS solutions for operations. Cloud solutions have the potential to revolutionize with cutting-edge breakthrough technology, many new and exciting opportunities are being created for the oilfields. For instance, in March 2021, Notable Health, a leading provider of intelligent automation solutions for healthcare, partnered with the North Kansas City Hospital (NKCH) to accelerate the distribution of COVID-19 vaccines to Missouri-based residents. Moreover, the high computing power delivered via cloud platforms supports the adoption of other technologies such as the intelligent management of physical assets, which facilitates greater operational efficiency are enabling the massive use of cloud-based service capabilities in the energy sector. Thus, this increasing adoption for modern cloud-based technologies in the oil & gas industry is expected to drive the demand for oilfield communications in the market.

Growing Demand from Oil and Gas Operators to Scale the Production of Mature Oilfields and Reservoirs

The ever-changing consumer demand has enabled the rising need from oil & gas operators to scale the production of mature oilfields across various regions. Many enterprises are establishing new oil production plants in many areas as companies are investing heavily in exploring new oil fields, particularly in Asia Pacific. Additionally, the major oil exploration enterprises that are establishing their operations in harsh and remote areas are demanding the oilfield communications solution to advance their technologies in response to the increasing demand for high bandwidth communication. The global population is increasing which has raised the demand for energy consumption. For instance,in 2023, according to the Energy Information Administration (EIA), a US Department of Energy statistical agency, the global consumption of petroleum and liquid fuels is predicted to be 100.48 million b/d, an increase of 1.1 million b/d from 2022. The establishment of oil fields production has enabled the awareness of security and production efficiency. The offshore oilfield communication interoperability platform helps reduce the risk of downtime by integrating and transporting real-time voice and data securely over any network with connectivity. Thus, the growing demand of oil production to accommodate consumer demands are propelling the growth of oilfield communications market during the forecast period.

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Market Segmentation

The oilfield communications market is segmented on the service, communication network, field site, solution, and region. On the basis of service, the market is bifurcated into professional service and managed service. Based on communication networks, the market is segmented into cellular communication network, VSAT communication network, fibre optic-based communication network, microwave communication network and tetra communication network. Based on the field site, the market is bifurcated into onshore communications and offshore communications. The solution segment is further categorized into M2M communication, asset performance communication, unified communication, VoIP solutions, video conferencing, pipeline supervisory control and data acquisition, fleet management communication, oilfield to control center data communication,and Wi-Fi hotspot.

Market Player

Major market players in the global oilfield communications market are Siemens AG, Huawei Technologies Co. Ltd, Baker Hughes Incorporated, Inmarsat PLC, Speedcast International Limited, ABB Ltd, RigNet Inc., Alcatel-Lucent International, Tait Communication, and ALE International.

Attribute	Details
Base Year	2022
Historic Data	2018 – 2021
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Million and CAGR for 2018-2022 and 2024-2028
Report coverage	Revenue forecast, company share, growth factors, and trends
Segments covered	By Component By Communication Network By Field Site By Solution
Regional scope	North America, Asia-Pacific, Europe, South America, Middle East
Country scope	United States, Canada, Mexico, China, India, Japan, South Korea, Singapore, Malaysia, Germany, United Kingdom, France, Italy, Spain, Brazil, Argentina, Colombia, Saudi Arabia, South Africa, UAE
Key companies profiled	Siemens AG, Huawei Technologies Co. Ltd, Baker Hughes Incorporated, Inmarsat PLC, Speedcast International Limited, ABB Ltd, RigNet Inc., Alcatel-Lucent International, Tait Communication, ALE International
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, the global oilfield communications markethas been segmented into the following categories, in addition to the industry trends which have also been detailed below:

· Oilfield Communications Market, By Service

o Professional Service

o Managed Service

· Oilfield Communications Market, By Communication Network

o Cellular Communication Network

o VSAT Communication Network

o Fibre Optic-based Communication Network

o Microwave Communication Network

o Tetra Communication Network

· Oilfield Communications Market,By Field Site

o Onshore Communication

o Offshore Communication

· Oilfield Communications Market,By Solution

o M2M Communication

o Asset Performance Communication

o Unified Communication

o VoIP Solutions

o Video Conferencing

o Pipeline Supervisory Control and Data Acquisition

o Fleet Management Communication

o Oilfield to Control Centre Data Communication

about Wi-Fi hotspot

· Oilfield Communications Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Asia-Pacific

§ China

§ Japan

§ South Korea

§ India

§ Singapore

§ Malaysia

o Europe

§ United Kingdom

§ Germany

§ France

§ Italy

§ Spain

o South America

§ Brazil

§ Argentina

§ Colombia

o Middle East

§ UAE

§ Saudi Arabia

§ South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the globaloilfield communications market.

Available Customizations:

With the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

The global oilfield communications marketis an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Service Overview

2. Research Methodology

3. Impact of COVID-19 on Global Oilfield Communications Market

4. Executive Summary

5. Voice of Customers

5.1. Brand Awareness

5.2. Reasons for Adopting the Oilfield Communications Technology

5.3. Major Challenges Faced

5.4. Key Satisfaction Level

6. Global Oilfield Communications Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Service (Professional Services, Managed Services)

6.2.2. By Communication Network (Cellular Communication Network, VSAT Communication Network, Fibre Optic-based Communication Network, Microwave Communication Network and Tetra Communication Network)

6.2.3. By Field Site (Onshore Communications and Offshore Communications)

6.2.4. 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)

6.2.5. By Region (North America, Europe, Asia-Pacific, South America, Middle East & Africa (MEA))

6.2.6. By Company

6.3. Market Map

7. North America Oilfield Communications Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Service

7.2.2. By Communication Network

7.2.3. By Field Site

7.2.4. By Solution

7.2.5. By Country

7.3. North America: Country Analysis

7.3.1. United States Oilfield Communications Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Service

7.3.1.2.2. By Communication Network

7.3.1.2.3. By Field Site

7.3.1.2.4. By Solution

7.3.2. Canada Oilfield Communications Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Service

7.3.2.2.2. By Communication Network

7.3.2.2.3. By Field Site

7.3.2.2.4. By Solution

7.3.3. Mexico Oilfield Communications Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Service

7.3.3.2.2. By Communication Network

7.3.3.2.3. By Field Site

7.3.3.2.4. By Solution

8. Asia-Pacific Oilfield Communications Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Service

8.2.2. By Communication Network

8.2.3. By Field Site

8.2.4. By Solution

8.2.5. By Country

8.3. Asia-Pacific: Country Analysis

8.3.1. China Oilfield Communications Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Service

8.3.1.2.2. By Communication Network

8.3.1.2.3. By Field Site

8.3.1.2.4. By Solution

8.3.2. Japan Oilfield Communications Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Service

8.3.2.2.2. By Communication Network

8.3.2.2.3. By Field Site

8.3.2.2.4. By Solution

8.3.3. South Korea Oilfield Communications Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Service

8.3.3.2.2. By Communication Network

8.3.3.2.3. By Field Site

8.3.3.2.4. By Solution

8.3.4. India Oilfield Communications Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Service

8.3.4.2.2. By Communication Network

8.3.4.2.3. By Field Site

8.3.4.2.4. By Solution

8.3.5. Singapore Oilfield Communications Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Service

8.3.5.2.2. By Communication Network

8.3.5.2.3. By Field Site

8.3.5.2.4. By Solution

8.3.6. Malaysia Oilfield Communications Market Outlook

8.3.6.1. Market Size & Forecast

8.3.6.1.1. By Value

8.3.6.2. Market Share & Forecast

8.3.6.2.1. By Service

8.3.6.2.2. By Communication Network

8.3.6.2.3. By Field Site

8.3.6.2.4. By Solution

9. Europe Oilfield Communications Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Service

9.2.2. By Communication Network

9.2.3. By Field Site

9.2.4. By Solution

9.2.5. By Country

9.3. Europe: Country Analysis

9.3.1. United Kingdom Oilfield Communications Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Service

9.3.1.2.2. By Communication Network

9.3.1.2.3. By Field Site

9.3.1.2.4. By Solution

9.3.2. Germany Oilfield Communications Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Service

9.3.2.2.2. By Communication Network

9.3.2.2.3. By Field Site

9.3.2.2.4. By Solution

9.3.3. France Oilfield Communications Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Service

9.3.3.2.2. By Communication Network

9.3.3.2.3. By Field Site

9.3.3.2.4. By Solution

9.3.4. Italy Oilfield Communications Market Outlook

9.3.4.1. Market Size & Forecast

9.3.4.1.1. By Value

9.3.4.2. Market Share & Forecast

9.3.4.2.1. By Service

9.3.4.2.2. By Communication Network

9.3.4.2.3. By Field Site

9.3.4.2.4. By Solution

9.3.5. Spain Oilfield Communications Market Outlook

9.3.5.1. Market Size & Forecast

9.3.5.1.1. By Value

9.3.5.2. Market Share & Forecast

9.3.5.2.1. By Service

9.3.5.2.2. By Communication Network

9.3.5.2.3. By Field Site

9.3.5.2.4. By Solution

10. South America Oilfield Communications Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Service

10.2.2. By Communication Network

10.2.3. By Field Site

10.2.4. By Solution

10.2.5. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Oilfield Communications Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Service

10.3.1.2.2. By Communication Network

10.3.1.2.3. By Field Site

10.3.1.2.4. By Solution

10.3.2. Argentina Oilfield Communications Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Service

10.3.2.2.2. By Communication Network

10.3.2.2.3. By Field Site

10.3.2.2.4. By Solution

10.3.3. Colombia Oilfield Communications Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Service

10.3.3.2.2. By Communication Network

10.3.3.2.3. By Field Site

10.3.3.2.4. By Solution

11. Middle East & Africa Oilfield Communications Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Service

11.2.2. By Communication Network

11.2.3. By Field Site

11.2.4. By Solution

11.2.5. By Country

11.3. Middle East & Africa: Country Analysis

11.3.1. UAE Oilfield Communications Market Outlook

11.3.1.1. Market Size & Forecast

11.3.1.1.1. By Value

11.3.1.2. Market Share & Forecast

11.3.1.2.1. By Service

11.3.1.2.2. By Communication Network

11.3.1.2.3. By Field Site

11.3.1.2.4. By Solution

11.3.2. Saudi Arabia Oilfield Communications Market Outlook

11.3.2.1. Market Size & Forecast

11.3.2.1.1. By Value

11.3.2.2. Market Share & Forecast

11.3.2.2.1. By Service

11.3.2.2.2. By Communication Network

11.3.2.2.3. By Field Site

11.3.2.2.4. By Solution

11.3.3. South Africa Oilfield Communications Market Outlook

11.3.3.1. Market Size & Forecast

11.3.3.1.1. By Value

11.3.3.2. Market Share & Forecast

11.3.3.2.1. By Service

11.3.3.2.2. By Communication Network

11.3.3.2.3. By Field Site

11.3.3.2.4. By Solution

12. Market Dynamics

12.1. Drivers

12.1.1. Increasing Investment in Enhancing Network Infrastructure

12.1.2. Increasing Adoption of Cloud-based Services in Oil & Gas Industry

12.1.3. Growing Demand from Oil and Gas Operators to Scale the Production of Mature Oilfields and Reservoirs

12.2. Challenges

12.2.1. Lack of skilled Professional across the Industry

12.2.2. Rising Concerns Related to Inadequate Asset Security, Data Security, and Cyber-Attack Issues

13. Market Trends & Developments

13.1. The Increasing Demand to Reduce Operational Cost

13.2. 5G to be a Critical Enabler in the Digitalization for Oilfield Communications

13.3. Surging Investment in the Emerging Technology

13.4. Changing Business needs Due to Covid-19 Pandemic

13.5. Rising adoption of Industry 4.0 in Industrial Applications

14. Mergers & Acquisitions

15. Company Profiles

15.1. Siemens AG

15.1.1. Business Overview

15.1.2. Key Revenue and Financials (If Available)

15.1.3. Recent Developments

15.1.4. Key Personnel

15.1.5. Key Product/Services

15.1.6. SWOT Analysis

15.2. Huawei Technologies Co. Ltd

15.2.1. Business Overview

15.2.2. Key Revenue and Financials (If Available)

15.2.3. Recent Developments

15.2.4. Key Personnel

15.2.5. Key Product/Services

15.2.6. SWOT Analysis

15.3. Baker Hughes Incorporated

15.3.1. Business Overview

15.3.2. Key Revenue and Financials (If Available)

15.3.3. Recent Developments

15.3.4. Key Personnel

15.3.5. Key Product/Services

15.3.6. SWOT Analysis

15.4. Inmarsat PLC

15.4.1. Business Overview

15.4.2. Key Revenue and Financials (If Available)

15.4.3. Recent Developments

15.4.4. Key Personnel

15.4.5. Key Product/Services

15.4.6. SWOT Analysis

15.5. Speedcast International Limited

15.5.1. Business Overview

15.5.2. Key Revenue and Financials (If Available)

15.5.3. Recent Developments

15.5.4. Key Personnel

15.5.5. Key Product/Services

15.5.6. SWOT Analysis

15.6. ABB Ltd

15.6.1. Business Overview

15.6.2. Key Revenue and Financials (If Available)

15.6.3. Recent Developments

15.6.4. Key Personnel

15.6.5. Key Product/Services

15.6.6. SWOT Analysis

15.7. RigNet Inc.

15.7.1. Business Overview

15.7.2. Key Revenue and Financials (If Available)

15.7.3. Recent Developments

15.7.4. Key Personnel

15.7.5. Key Product/Services

15.7.6. SWOT Analysis

15.8. Alcatel-Lucent International

15.8.1. Business Overview

15.8.2. Key Revenue and Financials (If Available)

15.8.3. Recent Developments

15.8.4. Key Personnel

15.8.5. Key Product/Services

15.8.6. SWOT Analysis

15.9. Tait Communication

15.9.1. Business Overview

15.9.2. Key Revenue and Financials (If Available)

15.9.3. Recent Developments

15.9.4. Key Personnel

15.9.5. Key Product/Services

15.9.6. SWOT Analysis

15.10. ALE International

15.10.1. Business Overview

15.10.2. Key Revenue and Financials (If Available)

15.10.3. Recent Developments

15.10.4. Key Personnel

15.10.5. Key Product/Services

15.10.6. SWOT Analysis

16. Strategic Recommendations

16.1. Dominating Market by Service

16.2. Fastest Growing Market by Communication Network

16.3. Dominating Market by Region

17. About Us & Disclaimer

(Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions

Which are the main market players in the global Oilfield Communications market?

Siemens AG, Huawei Technologies Co. Ltd, Baker Hughes Incorporated, Inmarsat PLC, Speedcast International Limited, ABB Ltd, RigNet Inc., Alcatel-Lucent International, Tait Communication, and ALE International are the major market players in the global Oilfield Communications market.

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Press Release

Increasing Investment in Enhancing Network Infrastructure is Expected to Drive Oilfield Communications Market Growth by 2028

Mar, 2023

The growing demand from Oil and Gas operators to scale the production of mature oilfields and reservoirs is expected to drive the market of the Global Oilfield Communications Market during the foreca