Australia Digital Oilfield Market Size & Outlook
The digital oilfield market in Australia is expected to reach a projected revenue of US$ 867.9 million by 2030. A compound annual growth rate of 5.5% is expected of Australia digital oilfield market from 2025 to 2030.
Revenue, 2024 (US$M)
$631.1
Forecast, 2030 (US$M)
$867.9
CAGR, 2025 - 2030
5.5%
Report Coverage
Australia
Australia digital oilfield market, 2018-2030 (US$M)
Related Markets
Australia digital oilfield market highlights
- The Australia digital oilfield market generated a revenue of USD 631.1 million in 2024 and is expected to reach USD 867.9 million by 2030.
- The Australia market is expected to grow at a CAGR of 5.5% from 2025 to 2030.
- In terms of segment, product optimization was the largest revenue generating process in 2024.
- Product Optimization is the most lucrative process segment registering the fastest growth during the forecast period.
Digital oilfield market data book summary
| Market revenue in 2024 | USD 631.1 million |
| Market revenue in 2030 | USD 867.9 million |
| Growth rate | 5.5% (CAGR from 2025 to 2030) |
| Largest segment | Product optimization |
| Fastest growing segment | Product Optimization |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Product Optimization, Drilling Optimization, Reservoir Optimization, Safety Management, Asset Management |
Other key industry trends
- In terms of revenue, Australia accounted for 2.2% of the global digital oilfield market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China digital oilfield market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,410.7 million by 2030.
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Digital Oilfield Market Scope
Digital oilfield market segmentation & scope
Digital Oilfield Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia digital oilfield market size, by solution, 2018-2030 (US$M)
Australia Digital Oilfield Market Outlook Share, 2024 & 2030 (US$M)
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