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Oilfield Communications-Global Market Insights and Sales Trends 2025
Synopsis
Rising demand for offshore oil field communication solutions, new projects in drilling for oil in extreme conditions and rising implication of cyber security are some of the key factors fuelling the market growth.
The global Oilfield Communications market size is expected to reach US$ 4389 million by 2029, growing at a CAGR of 6.3% from 2023 to 2029. The market is mainly driven by the significant applications of Oilfield Communications in various end use industries. The expanding demands from the Onshore Communications and Offshore Communications, are propelling Oilfield Communications market. Cellular Communication, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the VSAT Communication segment is estimated at % CAGR for the next seven-year period.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Oilfield Communications, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Oilfield Communications market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Oilfield Communications market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Oilfield Communications sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Oilfield Communications covered in this report include Huawei Technologies, Siemens, Speedcast, ABB, Commscope, Inmarsat, Tait Communications, GE(Baker Hughes) and Alcatel-Lucent Enterprise, etc.
The global Oilfield Communications market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Huawei Technologies
Siemens
Speedcast
ABB
Commscope
Inmarsat
Tait Communications
GE(Baker Hughes)
Alcatel-Lucent Enterprise
Ceragon Networks
RAD Data Communications
Rignet
Hughes Network Systems
Airspan Networks
Commtel Networks
Global Oilfield Communications market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Oilfield Communications market, Segment by Type:
Cellular Communication
VSAT Communication
Fiber Optic Based Communication
Microwave Communication
Tetra Network
Global Oilfield Communications market, by Application
Onshore Communications
Offshore Communications
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Oilfield Communications companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Rising demand for offshore oil field communication solutions, new projects in drilling for oil in extreme conditions and rising implication of cyber security are some of the key factors fuelling the market growth.
The global Oilfield Communications market size is expected to reach US$ 4389 million by 2029, growing at a CAGR of 6.3% from 2023 to 2029. The market is mainly driven by the significant applications of Oilfield Communications in various end use industries. The expanding demands from the Onshore Communications and Offshore Communications, are propelling Oilfield Communications market. Cellular Communication, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the VSAT Communication segment is estimated at % CAGR for the next seven-year period.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Oilfield Communications, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Oilfield Communications market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Oilfield Communications market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Oilfield Communications sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Oilfield Communications covered in this report include Huawei Technologies, Siemens, Speedcast, ABB, Commscope, Inmarsat, Tait Communications, GE(Baker Hughes) and Alcatel-Lucent Enterprise, etc.
The global Oilfield Communications market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Huawei Technologies
Siemens
Speedcast
ABB
Commscope
Inmarsat
Tait Communications
GE(Baker Hughes)
Alcatel-Lucent Enterprise
Ceragon Networks
RAD Data Communications
Rignet
Hughes Network Systems
Airspan Networks
Commtel Networks
Global Oilfield Communications market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Oilfield Communications market, Segment by Type:
Cellular Communication
VSAT Communication
Fiber Optic Based Communication
Microwave Communication
Tetra Network
Global Oilfield Communications market, by Application
Onshore Communications
Offshore Communications
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Oilfield Communications companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Oilfield Communications
1.1 Oilfield Communications Market Overview
1.1.1 Oilfield Communications Product Scope
1.1.2 Oilfield Communications Market Status and Outlook
1.2 Global Oilfield Communications Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Oilfield Communications Market Size by Region (2018-2029)
1.4 Global Oilfield Communications Historic Market Size by Region (2018-2023)
1.5 Global Oilfield Communications Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Oilfield Communications Market Size (2018-2029)
1.6.1 North America Oilfield Communications Market Size (2018-2029)
1.6.2 Europe Oilfield Communications Market Size (2018-2029)
1.6.3 Asia-Pacific Oilfield Communications Market Size (2018-2029)
1.6.4 Latin America Oilfield Communications Market Size (2018-2029)
1.6.5 Middle East & Africa Oilfield Communications Market Size (2018-2029)
2 Oilfield Communications Market by Type
2.1 Introduction
2.1.1 Cellular Communication
2.1.2 VSAT Communication
2.1.3 Fiber Optic Based Communication
2.1.4 Microwave Communication
2.1.5 Tetra Network
2.2 Global Oilfield Communications Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Oilfield Communications Historic Market Size by Type (2018-2023)
2.2.2 Global Oilfield Communications Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Oilfield Communications Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Oilfield Communications Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Oilfield Communications Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Oilfield Communications Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Oilfield Communications Revenue Breakdown by Type (2018-2029)
3 Oilfield Communications Market Overview by Application
3.1 Introduction
3.1.1 Onshore Communications
3.1.2 Offshore Communications
3.2 Global Oilfield Communications Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Oilfield Communications Historic Market Size by Application (2018-2023)
3.2.2 Global Oilfield Communications Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Oilfield Communications Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Oilfield Communications Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Oilfield Communications Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Oilfield Communications Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Oilfield Communications Revenue Breakdown by Application (2018-2029)
4 Oilfield Communications Competition Analysis by Players
4.1 Global Oilfield Communications Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Oilfield Communications as of 2022)
4.3 Date of Key Players Enter into Oilfield Communications Market
4.4 Global Top Players Oilfield Communications Headquarters and Area Served
4.5 Key Players Oilfield Communications Product Solution and Service
4.6 Competitive Status
4.6.1 Oilfield Communications Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Huawei Technologies
5.1.1 Huawei Technologies Profile
5.1.2 Huawei Technologies Main Business
5.1.3 Huawei Technologies Oilfield Communications Products, Services and Solutions
5.1.4 Huawei Technologies Oilfield Communications Revenue (US$ Million) & (2018-2023)
5.1.5 Huawei Technologies Recent Developments
5.2 Siemens
5.2.1 Siemens Profile
5.2.2 Siemens Main Business
5.2.3 Siemens Oilfield Communications Products, Services and Solutions
5.2.4 Siemens Oilfield Communications Revenue (US$ Million) & (2018-2023)
5.2.5 Siemens Recent Developments
5.3 Speedcast
5.3.1 Speedcast Profile
5.3.2 Speedcast Main Business
5.3.3 Speedcast Oilfield Communications Products, Services and Solutions
5.3.4 Speedcast Oilfield Communications Revenue (US$ Million) & (2018-2023)
5.3.5 ABB Recent Developments
5.4 ABB
5.4.1 ABB Profile
5.4.2 ABB Main Business
5.4.3 ABB Oilfield Communications Products, Services and Solutions
5.4.4 ABB Oilfield Communications Revenue (US$ Million) & (2018-2023)
5.4.5 ABB Recent Developments
5.5 Commscope
5.5.1 Commscope Profile
5.5.2 Commscope Main Business
5.5.3 Commscope Oilfield Communications Products, Services and Solutions
5.5.4 Commscope Oilfield Communications Revenue (US$ Million) & (2018-2023)
5.5.5 Commscope Recent Developments
5.6 Inmarsat
5.6.1 Inmarsat Profile
5.6.2 Inmarsat Main Business
5.6.3 Inmarsat Oilfield Communications Products, Services and Solutions
5.6.4 Inmarsat Oilfield Communications Revenue (US$ Million) & (2018-2023)
5.6.5 Inmarsat Recent Developments
5.7 Tait Communications
5.7.1 Tait Communications Profile
5.7.2 Tait Communications Main Business
5.7.3 Tait Communications Oilfield Communications Products, Services and Solutions
5.7.4 Tait Communications Oilfield Communications Revenue (US$ Million) & (2018-2023)
5.7.5 Tait Communications Recent Developments
5.8 GE(Baker Hughes)
5.8.1 GE(Baker Hughes) Profile
5.8.2 GE(Baker Hughes) Main Business
5.8.3 GE(Baker Hughes) Oilfield Communications Products, Services and Solutions
5.8.4 GE(Baker Hughes) Oilfield Communications Revenue (US$ Million) & (2018-2023)
5.8.5 GE(Baker Hughes) Recent Developments
5.9 Alcatel-Lucent Enterprise
5.9.1 Alcatel-Lucent Enterprise Profile
5.9.2 Alcatel-Lucent Enterprise Main Business
5.9.3 Alcatel-Lucent Enterprise Oilfield Communications Products, Services and Solutions
5.9.4 Alcatel-Lucent Enterprise Oilfield Communications Revenue (US$ Million) & (2018-2023)
5.9.5 Alcatel-Lucent Enterprise Recent Developments
5.10 Ceragon Networks
5.10.1 Ceragon Networks Profile
5.10.2 Ceragon Networks Main Business
5.10.3 Ceragon Networks Oilfield Communications Products, Services and Solutions
5.10.4 Ceragon Networks Oilfield Communications Revenue (US$ Million) & (2018-2023)
5.10.5 Ceragon Networks Recent Developments
5.11 RAD Data Communications
5.11.1 RAD Data Communications Profile
5.11.2 RAD Data Communications Main Business
5.11.3 RAD Data Communications Oilfield Communications Products, Services and Solutions
5.11.4 RAD Data Communications Oilfield Communications Revenue (US$ Million) & (2018-2023)
5.11.5 RAD Data Communications Recent Developments
5.12 Rignet
5.12.1 Rignet Profile
5.12.2 Rignet Main Business
5.12.3 Rignet Oilfield Communications Products, Services and Solutions
5.12.4 Rignet Oilfield Communications Revenue (US$ Million) & (2018-2023)
5.12.5 Rignet Recent Developments
5.13 Hughes Network Systems
5.13.1 Hughes Network Systems Profile
5.13.2 Hughes Network Systems Main Business
5.13.3 Hughes Network Systems Oilfield Communications Products, Services and Solutions
5.13.4 Hughes Network Systems Oilfield Communications Revenue (US$ Million) & (2018-2023)
5.13.5 Hughes Network Systems Recent Developments
5.14 Airspan Networks
5.14.1 Airspan Networks Profile
5.14.2 Airspan Networks Main Business
5.14.3 Airspan Networks Oilfield Communications Products, Services and Solutions
5.14.4 Airspan Networks Oilfield Communications Revenue (US$ Million) & (2018-2023)
5.14.5 Airspan Networks Recent Developments
5.15 Commtel Networks
5.15.1 Commtel Networks Profile
5.15.2 Commtel Networks Main Business
5.15.3 Commtel Networks Oilfield Communications Products, Services and Solutions
5.15.4 Commtel Networks Oilfield Communications Revenue (US$ Million) & (2018-2023)
5.15.5 Commtel Networks Recent Developments
6 North America
6.1 North America Oilfield Communications Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Oilfield Communications Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Oilfield Communications Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Oilfield Communications Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Oilfield Communications Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Oilfield Communications Market Dynamics
11.1 Oilfield Communications Industry Trends
11.2 Oilfield Communications Market Drivers
11.3 Oilfield Communications Market Challenges
11.4 Oilfield Communications Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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