Germany Digital Oilfield Market Size & Outlook, 2024-2030

The digital oilfield market in Germany is expected to reach a projected revenue of US$ 967.0 million by 2030. A compound annual growth rate of 5.1% is expected of Germany digital oilfield market from 2025 to 2030.
Revenue, 2024 (US$M)
$717.8
Forecast, 2030 (US$M)
$967.0
CAGR, 2025 - 2030
5.1%
Report Coverage
Germany

Germany digital oilfield market highlights

  • The Germany digital oilfield market generated a revenue of USD 717.8 million in 2024 and is expected to reach USD 967.0 million by 2030.
  • The Germany market is expected to grow at a CAGR of 5.1% from 2025 to 2030.
  • In terms of segment, product optimization was the largest revenue generating process in 2024.
  • Safety Management is the most lucrative process segment registering the fastest growth during the forecast period.


Digital oilfield market data book summary

Market revenue in 2024USD 717.8 million
Market revenue in 2030USD 967.0 million
Growth rate5.1% (CAGR from 2025 to 2030)
Largest segmentProduct optimization
Fastest growing segmentSafety Management
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationProduct Optimization, Drilling Optimization, Reservoir Optimization, Safety Management, Asset Management


Other key industry trends

  • In terms of revenue, Germany accounted for 2.5% 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 Europe, Russia digital oilfield market is projected to lead the regional market in terms of revenue in 2030.
  • Spain is the fastest growing regional market in Europe and is projected to reach USD 513.9 million by 2030.

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Germany digital oilfield market size, by process, 2018-2030 (US$M)

Germany Digital Oilfield Market Outlook Share, 2024 & 2030 (US$M)

Germany digital oilfield market size, by process, 2018-2030 (US$M)

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