U.S. Digital Oilfield Market Size & Outlook, 2024-2030

The digital oilfield market in the United States is expected to reach a projected revenue of US$ 12,418.1 million by 2030. A compound annual growth rate of 6.3% is expected of the United States digital oilfield market from 2025 to 2030.
Revenue, 2024 (US$M)
$8,609.9
Forecast, 2030 (US$M)
$12,418.1
CAGR, 2025 - 2030
6.3%
Report Coverage
U.S.

U.S. digital oilfield market highlights

  • The U.S. digital oilfield market generated a revenue of USD 8,609.9 million in 2024 and is expected to reach USD 12,418.1 million by 2030.
  • The U.S. market is expected to grow at a CAGR of 6.3% from 2025 to 2030.
  • In terms of segment, product optimization was the largest revenue generating process in 2024.
  • Drilling Optimization is the most lucrative process segment registering the fastest growth during the forecast period.


Digital oilfield market data book summary

Market revenue in 2024USD 8,609.9 million
Market revenue in 2030USD 12,418.1 million
Growth rate6.3% (CAGR from 2025 to 2030)
Largest segmentProduct optimization
Fastest growing segmentDrilling Optimization
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, U.S. accounted for 29.7% 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 North America, U.S. digital oilfield market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 1,594.0 million by 2030.

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U.S. digital oilfield market size, by process, 2018-2030 (US$M)

U.S. Digital Oilfield Market Outlook Share, 2024 & 2030 (US$M)

U.S. digital oilfield market size, by process, 2018-2030 (US$M)

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