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The global digital oilfield market is expected to reach a valuation of US$ 34.1 Billion in 2024, with a projected CAGR of 7.5% between 2024 and 2034. The integration of blockchain technology and collaborative initiatives among oil and gas companies, technology providers, and service vendors are driving innovation and accelerating the adoption of digital oilfield solutions. Robotics and automation technologies, integrated operations, and predictive analytics algorithms are revolutionizing oilfield operations and optimizing production, reducing costs, and improving collaboration.
