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The global Digital Oilfield market is expected to reach a value of USD 54.22 billion by 2031 with a CAGR of 4.9% in the forecast period (2024-2031). The market is driven by the increasing volume of data generated from oilfield operations and the adoption of advanced technologies such as IoT, AI, and automation to enhance decision-making and improve safety and environmental compliance. The integration of cloud computing and data analytics, as well as the use of digital twins, are also contributing to the market’s growth.