Oil And Gas Data Monetization Market
By Data Type;
Seismic Data, Well Log Data, Production Data, Reservoir Data and Engineering DataBy Deployment Model;
On-Premises, Cloud and HybridBy End-User Industry;
Oil & Gas Exploration & Production, Oilfield Services, Engineering & Construction and Environmental ManagementBy Application;
Data Analytics & Visualization, Data Management & Integration, Predictive Maintenance, Reservoir Modeling and Risk AssessmentBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)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%.
Oil And Gas Data Monetization Market
*Market size in USD million
CAGR 16.6 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 16.6 % |
| Market Size (2024) | USD 11,480.64 Million |
| Market Size (2031) | USD 33,640.00 Million |
| Market Concentration | Low |
| Report Pages | 341 |
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
Oil And Gas Data Monetization Market
Fragmented - Highly competitive market without dominant players
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.
Oil And Gas Data Monetization Market Key Takeaways
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The oil and gas industry is increasingly viewing data as a strategic asset, shifting focus from mere collection and storage to actionable monetization that enhances operational performance and decision-making.
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Adoption of real-time analytics and machine learning is accelerating, enabling companies to reduce unplanned downtime, optimize exploration, and maximize asset utilization through predictive insights.
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Cloud and hybrid deployment models are gaining traction due to their scalability, accessibility, and cost-efficiency, facilitating faster integration across global operations.
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North America continues to dominate due to strong digital infrastructure and early technology adoption, while Asia-Pacific is emerging as the fastest-growing region driven by industrial expansion and digital investments.
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Data interoperability challenges and legacy system integration remain key barriers, with many operators still monetizing less than 40% of their available data resources effectively.
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The rise of Data-as-a-Service (DaaS) models is transforming the market landscape, allowing companies to generate recurring revenue from data analytics and operational insights.
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Strategic collaborations between energy companies, analytics providers, and cloud vendors are becoming central to achieving scalable, secure, and value-driven data monetization frameworks.
Oil and Gas Data Monetization Market Recent Developments
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February 2024: Gulp Data partnered with Snowflake to help organizations explore, share, and unlock value from their data through innovative services such as data valuation, data-backed loans, and data monetization.
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December 2023: Thales completed the acquisition of Imperva, combining their strengths to deliver comprehensive application, data security, and identity solutions. This merger enhances customers’ ability to tackle increasingly complex and severe cybersecurity challenges.
Oil And Gas Data Monetization Market Segment Analysis
In this report, the Oil And Gas Data Monetization Market has been segmented by Data Type, Deployment Model, End-User Industry, Application and Geography.
Oil And Gas Data Monetization Market, Segmentation by Data Type
The market is differentiated by the richness, resolution, and commercial usefulness of oilfield data sources, with value creation linked to how effectively participants convert raw datasets into analytics-ready assets, subscription products, and workflow-integrated insights. Vendors focus on data quality, frequency of updates, and interoperability with industry platforms so that datasets can be combined for multi-domain modeling and near-real-time decision support. Partnerships between E&P companies, oilfield service firms, and data platforms increasingly center on data licensing structures, privacy-preserving sharing, and governance frameworks that accelerate time-to-value while addressing compliance and IP considerations.
Seismic Data
Seismic volumes represent high-value datasets used for subsurface imaging, prospect de-risking, and field development planning. Monetization is driven by reprocessing, attribute extraction, and packaging seismic derivatives into interpretable layers aligned to basin models and exploration portfolios. Providers invest in scalable storage, compression, and AI-assisted interpretation to reduce turnaround time and enable tiered pricing for 2D/3D/4D products across licensing, subscriptions, and project-based data rooms.
Well Log Data
Well logs underpin petrophysical characterization and are monetized through standardization, curve reconstruction, and inferred properties such as porosity and saturation delivered via APIs. Value increases when vendors harmonize mnemonics, fill gaps with machine learning, and attach metadata lineage, enabling cross-field comparability. Growth stems from bundling digitized legacy logs with quality flags and ready-to-train feature sets that accelerate modeling for completions and reservoir evaluation.
Production Data
Production time series enable benchmarking, type-curve analytics, and field performance surveillance that operators and investors use for portfolio optimization. Monetization benefits from cleansed allocations, downtime annotations, and event-labeled histories that power predictive models for decline behavior and uplift opportunities. Providers differentiate with coverage depth, frequency of refresh, and linkage to infrastructure and economics fields to support commercial scenarios.
Reservoir Data
Reservoir datasets, including pressures, fluid properties, and dynamic models, are monetized through simulation-ready packages and uncertainty ensembles that reduce engineering cycle time. Vendors increasingly deliver interpretable parameters, scenario libraries, and calibrated priors for probabilistic forecasts that embed directly into planning. Compliance with data sovereignty and secure collaboration features supports multi-party studies and joint ventures.
Engineering Data
Design, drilling, and completions datasets yield value when translated into actionable KPIs, cost benchmarks, and risk flags consumable in operational dashboards. Monetization expands with normalized schemas for rig states, activity coding, and NPT taxonomies that enable cross-asset learning. Growth is reinforced by packaging templates for AARs and lessons-learned corpuses that shorten learning curves for new plays and standardize best practices.
Oil And Gas Data Monetization Market, Segmentation by Deployment Model
Deployment choices influence scalability, data control, and integration costs, shaping how quickly stakeholders can commercialize insights. Buyers weigh security posture, latency, and regulatory constraints alongside ecosystem compatibility with petrotechnical tools and enterprise data platforms. Vendors increasingly support hybrid operating models with policy-based data routing, enabling sensitive workloads to remain controlled while leveraging elastic compute for analytics bursts.
On-Premises
On-premises deployments appeal to organizations prioritizing data sovereignty, low-latency processing near acquisition systems, and tight control of proprietary datasets. Monetization strategies emphasize appliance-like packaging, hardened clusters, and connectors to legacy petrotechnical suites to preserve existing workflows. Growth opportunities include lifecycle services, managed upgrades, and secure data exchange gateways that allow selective external licensing.
Cloud
Cloud models accelerate ingestion, data lakehouse consolidation, and advanced analytics at scale, reducing infrastructure overheads for large seismic and production datasets. Vendors monetize through tiered storage, serverless processing, and marketplace distribution that simplifies data discovery and licensing. Interoperability via open formats and governed sharing spaces enables cross-company collaboration while maintaining access controls and lineage.
Hybrid
Hybrid approaches combine on-prem control with cloud elasticity, aligning to workload portability and regional compliance needs. Providers focus on unified catalogs, policy-driven replication, and caching to minimize egress while keeping performance predictable. Monetization expands via cross-environment subscriptions, federated governance, and edge-to-cloud pipelines that support seismic reprocessing, model training, and enterprise reporting.
Oil And Gas Data Monetization Market, Segmentation by End-User Industry
End-user segments monetize data differently, reflecting their roles across the oilfield value chain and risk profiles. Solutions must align with each segment’s operational KPIs, contracting models, and appetite for shared datasets versus proprietary advantage. Vendors that pair domain expertise with verticalized content and workflow-native delivery gain adoption, particularly where outcomes are quantifiable in drilling efficiency, recovery factors, or compliance readiness.
Oil & Gas Exploration & Production
E&P companies monetize by transforming subsurface and operational data into portfolio decisions, drilling optimization, and recovery improvements. Demand concentrates on high-fidelity interpretations, predictive subsurface models, and cross-asset benchmarks that inform capital allocation. Providers succeed by integrating with petrotechnical suites, delivering governed data products, and enabling collaboration with partners and regulators.
Oilfield Services
Oilfield service firms generate value by offering equipment-born telemetry, job design templates, and performance statistics as differentiators and revenue streams. Monetization includes performance-based contracts, benchmarking subscriptions, and outcome-linked analytics for drilling, stimulation, and artificial lift. Growth hinges on standardized data capture, edge processing, and secure sharing that preserves client confidentiality while scaling insights.
Engineering & Construction
E&C players leverage design and project execution data for schedule risk reduction, cost control, and constructability insights across large capital projects. Monetization focuses on digital twins, as-built traceability, and procurement intelligence embedded in project controls. Providers differentiate with model interoperability, change management analytics, and curated datasets for modularization and brownfield upgrades.
Environmental Management
Environmental stakeholders monetize via compliance-ready datasets, emissions accounting, and monitoring networks tied to regulatory reporting. Value grows with satellite, sensor, and model-fused inventories that support methane mitigation, water stewardship, and biodiversity baselines. Providers emphasize auditability, chain-of-custody metadata, and APIs that integrate into ESG disclosures and permitting workflows.
Oil And Gas Data Monetization Market, Segmentation by Application
Applications define how data products are consumed and priced, from self-serve analytics to embedded decision engines. Buyers prefer solutions that shorten cycle times, integrate with petrotechnical tools, and provide explainable results across the asset lifecycle. Monetization grows with packaged use cases, time-bound licenses, and outcome-linked pricing that tie analytics to production, cost, or risk improvements.
Data Analytics & Visualization
Visualization suites convert complex subsurface and operational datasets into interpretable dashboards for technical and executive users. Vendors monetize via user-based licensing, premium connectors, and advanced geospatial extensions. Growth reflects demand for fast iteration, collaborative workspaces, and governed sharing that accelerates cross-domain decisions.
Data Management & Integration
Integration platforms deliver standardized pipelines, metadata catalogs, and quality services that convert raw files into reliable data products. Monetization emphasizes automated lineage, schema harmonization, and interoperability with lakehouse architectures and petrotechnical apps. Providers that enable policy-driven access and multi-tenant governance capture spend from both IT and domain teams.
Predictive Maintenance
Predictive maintenance packages turn equipment telemetry into failure risk forecasts, spare-part optimization, and maintenance scheduling. Vendors monetize through outcome-based models, edge analytics for latency-sensitive assets, and pre-trained models per equipment class. Adoption strengthens when solutions integrate CMMS/EAM systems and provide transparent model performance metrics.
Reservoir Modeling
Reservoir modeling products bundle calibrated parameters, history matching, and uncertainty quantification to improve development planning and recovery strategies. Monetization grows through simulation accelerators, ensemble workflows, and scenario libraries tailored to specific plays. Providers offering explainable models and collaborative review features become embedded in subsurface decision cycles.
Risk Assessment
Risk solutions quantify uncertainties across exploration, operational safety, supply chain, and regulatory exposure. Value creation comes from integrated risk registers, probabilistic analytics, and alerts that tie to mitigation playbooks. Vendors differentiate with multi-source fusion and audit-ready evidence trails that support board reporting and insurance negotiations.
Oil And Gas Data Monetization Market, Segmentation by Geography
In this report, the Oil And Gas Data Monetization Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
North America leads adoption with mature digital oilfield practices, deep data inventories, and vibrant ecosystems of analytics vendors and marketplaces. Monetization expands through subscription access to standardized production, infrastructure, and permits datasets alongside seismic reprocessing services. Operators emphasize governed data sharing with partners, while regulators and investors drive demand for transparent emissions and operational disclosures.
Europe
Europe focuses on data monetization aligned with ESG frameworks, energy transition priorities, and strong data-protection standards. Growth stems from cross-border collaboration, open data initiatives in mature basins, and analytics for decommissioning and repurposing assets. Providers that combine subsurface datasets with environmental monitoring and compliance-ready reporting gain traction with policymakers and operators.
Asia Pacific
Asia Pacific exhibits heterogeneous maturity, with rapid investment in cloud-native platforms to handle expanding exploration and production footprints. National oil companies seek local data control coupled with scalable analytics for field development, leading to hybrid architectures. Monetization opportunities rise in frontier basins, infrastructure planning, and operational benchmarking as regional supply chains digitize.
Middle East & Africa
MEA benefits from large-scale upstream projects and sovereign data programs that prioritize secure collaboration and value capture from national datasets. Monetization includes licensing of curated subsurface libraries, scenario planning for giant fields, and analytics for water, energy, and emissions efficiency. Vendors with strong security certifications and localization capabilities are favored for long-term partnerships.
Latin America
Latin America advances through regulatory modernization, data transparency initiatives, and foreign investment that stimulate data marketplaces and licensing. Value creation focuses on converting legacy archives into analytics-ready products, harmonizing production records, and enabling cross-operator benchmarks. Growth accelerates where cloud adoption and talent development support scalable analytics in both offshore and onshore plays.
Oil And Gas Data Monetization Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Global Oil and Gas Data Monetization Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces Drivers, Restraints and Opportunities affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
|---|---|---|---|---|---|
| High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development | |
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunities Analysis
Drivers
- Digital Transformation Initiatives
- Rising Demand for Operational Efficiency
- Growth in IoT Adoption
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Increasing Data Volume: The increasing volume of data within the global oil and gas industry presents both challenges and opportunities. As digital technologies like IoT and sensors proliferate across exploration, production, and refining operations, they generate vast amounts of real-time data. This data encompasses everything from reservoir conditions and equipment performance to environmental factors and market trends. Managing this influx requires robust data infrastructure capable of handling large-scale processing and analysis.
This surge in data also offers significant opportunities. By harnessing advanced analytics and machine learning algorithms, companies can derive actionable insights that improve operational efficiencies, optimize asset utilization, and reduce downtime. Moreover, the integration of data-driven decision-making enables predictive maintenance strategies, enhancing safety and reliability while minimizing costs. As the industry continues to embrace digital transformation, the ability to effectively leverage increasing data volumes will be crucial for maintaining competitiveness and driving sustainable growth in the global oil and gas sector.
Restraints
- Data Privacy Concerns
- Cybersecurity Risks
- Regulatory Compliance Challenges
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High Initial Investment: The high initial investment required for implementing data monetization solutions in the global oil and gas industry is a significant barrier. Setting up advanced data infrastructure, including IoT devices, data storage systems, and analytics platforms, demands substantial capital outlay. Additionally, integrating these technologies with existing systems and ensuring cybersecurity measures are in place further escalates costs. For many companies, especially smaller operators, the financial burden of these investments can be daunting, potentially delaying or limiting their ability to adopt innovative data-driven technologies.
Despite these challenges, the long-term benefits of data monetization can outweigh the initial costs. Investments in data analytics and digital technologies can lead to substantial cost savings through improved operational efficiencies, enhanced predictive maintenance, and optimized resource management. As the industry evolves, there is a growing trend towards scalable solutions and cloud-based platforms that reduce upfront costs and lower barriers to entry. These advancements are gradually making data monetization more accessible, encouraging greater adoption across the sector and paving the way for innovative business models that capitalize on data-driven insights.
Opportunities
- Data-as-a-Service Models
- Predictive Maintenance Solutions
- Strategic Partnerships
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Enhanced Decision-Making: Enhanced decision-making in the global oil and gas industry through data monetization is pivotal for navigating complex operational landscapes and achieving sustainable growth. By leveraging advanced analytics and real-time data insights, companies can make informed decisions that optimize production processes, streamline supply chain operations, and mitigate risks. These data-driven insights enable executives and operational teams to respond swiftly to market fluctuations, regulatory changes, and unforeseen challenges, enhancing overall agility and resilience.
Enhanced decision-making extends beyond operational efficiencies to strategic planning and resource allocation. By understanding historical trends and predicting future outcomes through predictive analytics, companies can allocate resources more effectively, prioritize investments, and capitalize on emerging opportunities. This proactive approach not only improves profitability but also strengthens competitive positioning in a volatile global market. As data monetization capabilities continue to evolve, the ability to derive actionable intelligence from vast datasets will be crucial for shaping strategic initiatives and driving sustainable business growth in the oil and gas sector.
Oil And Gas Data Monetization Market Competitive Landscape Analysis
Oil And Gas Data Monetization Market is witnessing intensified competition as companies emphasize strategies that strengthen data-driven business models. Leading participants pursue collaboration, merger, and partnerships to secure advantages across digital ecosystems. With more than 60% of firms integrating advanced platforms, the competitive edge is shaped by technological strength and diversified service portfolios, driving sustained growth in this sector.
Market Structure and Concentration
The market reflects moderate-to-high concentration, with top providers controlling nearly 45% of the share. Competitive positioning is influenced by innovation, resource scale, and the ability to execute data-centric strategies. Mid-tier firms capture close to 35% through specialized services and targeted partnerships, while emerging players focus on niche models that account for over 20%, fueling continuous expansion.
Brand and Channel Strategies
Strong brand positioning and channel alignment remain critical, with nearly 55% of companies investing in direct platforms. Firms increasingly rely on strategies that merge offline and digital presence to optimize client engagement. Channel partnerships account for about 40% of market interactions, while cross-industry collaborations drive a 25% boost in customer access, strengthening overall market growth.
Innovation Drivers and Technological Advancements
Over 65% of market participants prioritize technological advancements such as predictive analytics and cloud-based integration. Investment in innovation pipelines remains central, with leading firms channeling resources into advanced automation. Partnerships with tech developers foster nearly 30% faster adoption cycles. These drivers highlight how collaboration ensures competitiveness, positioning firms to capture rising demand through scalable and adaptive growth models.
Regional Momentum and Expansion
Regional strategies highlight concentrated expansion, with North America and Europe accounting for 55% of consolidated market share. Asia-Pacific demonstrates stronger momentum, with adoption rates rising by 40% year-on-year. Partnerships between local enterprises and global leaders enhance accessibility, while regional collaboration channels deliver sustained growth. This balance underscores the importance of targeted initiatives tailored to regional energy and infrastructure priorities.
Future Outlook
The future outlook for the market underscores accelerating investment in innovation, collaborative ecosystems, and digital infrastructure. More than 70% of industry leaders anticipate stronger growth trajectories driven by integrated cloud-based monetization. Continued merger activities and long-term strategies will reinforce competitiveness, shaping a sector where expansion aligns with evolving energy transformation objectives and technological capability enhancements.
Key players in Oil and Gas Data Monetization Market include:
- Halliburton
- Schlumberger
- SAP SE
- Oracle Corporation
- Accenture plc
- IBM Corporation
- EMC Corporation
- Microsoft Corporation
- Informatica Corporation
- Tata Consultancy Services
- Datawatch
- Drillinginfo
- Hitachi Vantara Corporation
- Hortonworks
- Capgemini
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Data Type
- Market Snapshot, By Deployment Model
- Market Snapshot, By End-User Industry
- Market Snapshot, By Application
- Market Snapshot, By Region
- Oil And Gas Data Monetization Market Forces
- Drivers, Restraints and Opportunities
- Drivers
- Digital Transformation Initiatives
- Rising Demand for Operational Efficiency
- Growth in IoT Adoption
- Increasing Data Volume
- Restraints
- Data Privacy Concerns
- Cybersecurity Risks
- Regulatory Compliance Challenges
- High Initial Investmen
- Opportunities
- Data-as-a-Service Models
- Predictive Maintenance Solutions
- Strategic Partnerships
- Enhanced Decision-Making
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Oil And Gas Data Monetization Market, By Data Type, 2021 - 2031 (USD Million)
- Seismic Data
- Well Log Data
- Production Data
- Reservoir Data
- Engineering Data
- Oil And Gas Data Monetization Market, By Deployment Model, 2021 - 2031 (USD Million)
- On-Premises
- Cloud
- Hybrid
- Oil And Gas Data Monetization Market, By End-User Industry, 2021 - 2031 (USD Million)
- Oil & Gas Exploration & Production
- Oilfield Services
- Engineering & Construction
- Environmental Management
- Oil And Gas Data Monetization Market, By Application, 2021 - 2031 (USD Million)
- Data Analytics & Visualization
- Data Management & Integration
- Predictive Maintenance
- Reservoir Modeling
- Risk Assessment
- Oil And Gas Data Monetization Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Oil And Gas Data Monetization Market, By Data Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Halliburton
- Schlumberger
- SAP SE
- Oracle Corporation
- Accenture plc
- IBM Corporation
- EMC Corporation
- Microsoft Corporation
- Informatica Corporation
- Tata Consultancy Services
- Datawatch
- Drillinginfo
- Hitachi Vantara Corporation
- Hortonworks
- Capgemini
- Company Profiles
- Analyst Views
- Future Outlook of the Market

