Global Oil and Gas Data Monetization Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Component;

Software and Services - [Professional Services and Managed Services]

By Method;

Indirect Data Monetization and Direct Data Monetization

By Application;

Upstream, Midstream, and Downstream

By End-User;

National Oil Companies (NOCs), Independent Oil Companies (IOCs), National Data Repositories (NDRs), and Oil & Gas Service Companies

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn685770460 Published Date: June, 2025 Updated Date: July, 2025

Oil and Gas Data Monetization Market Overview

Oil and Gas Data Monetization Market (USD Million)

Oil and Gas Data Monetization Market was valued at USD 11,480.64 million in the year 2024. The size of this market is expected to increase to USD 33,640.00 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 16.6%.


Global Oil and Gas Data Monetization Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 16.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)16.6 %
Market Size (2024)USD 11,480.64 Million
Market Size (2031)USD 33,640.00 Million
Market ConcentrationLow
Report Pages341
11,480.64
2024
33,640.00
2031

Major Players

  • IBM Corporation
  • Microsoft Corporation
  • SAP
  • Tata Consultancy Services
  • Infosys Limited
  • Cisco Systems, Inc.
  • Hitachi Vantara
  • Oracle
  • Schlumberger

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Oil and Gas Data Monetization Market

Fragmented - Highly competitive market without dominant players


The Oil and Gas Data Monetization Market is evolving rapidly as organizations tap into underutilized data reserves. Around 62% of companies in the sector now utilize digital platforms to convert operational data into actionable insights. This shift is enabling enhanced efficiency and profitability through smarter use of existing resources and technologies.

Improving Performance Through Data Utilization
An estimated 48% of industry participants have reduced operational costs by leveraging data for real-time performance optimization. From automated drilling analytics to predictive maintenance systems, data-driven strategies are becoming vital tools for process enhancement and reduced equipment failures.

Widespread Adoption of Predictive Insights
Close to 55% of firms have integrated predictive analytics to gain foresight into production cycles, market demands, and supply chain bottlenecks. This foresight improves planning accuracy and lowers risk exposure across upstream and downstream operations. Analytics are becoming indispensable in a volatile energy environment.

New Revenue Models Through Data Commercialization
Roughly 41% of companies now monetize proprietary datasets by licensing them or using them in strategic partnerships. These models enable diversification beyond traditional energy streams and solidify the role of data as a key business enabler. This trend reflects a growing appetite for platform-based collaboration.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Method
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Region
  4. Oil and Gas Data Monetization Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
      2. Restraints
      3. Opportunities
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Oil and Gas Data Monetization Market, By Component, 2021 - 2031 (USD Million)
      1. Software
      2. Services
        1. Professional Services
        2. Managed Services
    2. Oil and Gas Data Monetization Market, By Method, 2021 - 2031 (USD Million)
      1. Indirect Data Monetization
      2. Direct Data Monetization
    3. Oil and Gas Data Monetization Market, By Application, 2021 - 2031 (USD Million)

      1. Upstream

      2. Midstream

      3. Downstream

    4. Oil and Gas Data Monetization Market, By End-User, 2021 - 2031 (USD Million)
      1. National Oil Companies (NOCs)
      2. Independent Oil Companies (IOCs)
      3. National Data Repositories (NDRs)
      4. Oil & Gas Service Companies
    5. Oil and Gas Data Monetization Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. IBM Corporation
      2. Microsoft Corporation
      3. SAP
      4. Tata Consultancy Services
      5. Infosys Limited
      6. Cisco Systems, Inc.
      7. Hitachi Vantara
      8. Oracle
      9. Schlumberger
  7. Analyst Views
  8. Future Outlook of the Market