The global digital oilfield market is on an impressive growth trajectory. Valued at USD 29.44 billion in 2023, it is projected to reach USD 43.97 billion by 2031, growing at a compound annual growth rate (CAGR) of 5.23% from 2024 to 2031. These figures underscore a pivotal shift in the oil and gas industry, which is rapidly embracing digital innovation to boost productivity, enhance safety, and optimize operations.

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