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Offshore Decommissioning Market worth $8.0 Billion by 2027


Offshore Decommissioning Market worth $8.0 Billion by 2027
iCrowd Newswire
According to the new market research report

by Service (Well Plugging & Abandonment, Platform Removal, Conductor Removal) Depth (Shallow, Deepwater) Structure (Topsides, Substructure) Removal (Leave in Place, Partial, Complete), and Region - Global Forecast to 2027″, published by MarketsandMarkets™, the Offshore Decommissioning Market size is expected to grow from an estimated USD 5.2 billion in 2021 to USD 8.0 billion by 2027, at a CAGR of 7.4%. Aging offshore oil & gas infrastructure and maturing fields are driving the offshore decommissioning industry. Low oil prices of the past couple of years have made it even more difficult to maintain low production mature reserves, driving companies to accelerate decommissioning plans for such oil & gas fields. ....

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Digital Oilfield Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2025


Digital Oilfield Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2025
iCrowd Newswire
29 Jun 2021, 10:22 GMT+10
The global Digital Oilfield Market size is projected to reach USD 28.5 billion by 2025 from an estimated value of USD 20.2 billion in 2020, at a CAGR of 7.1% from 2020 to 2025. New technological advancements in the digital oilfield, increased return on investment in the digital oilfield, and increased need from oil & gas operators to scale up production from mature wells are the key factors driving the digital oilfield market.
The production optimization segment is expected to be the largest segment of the digital oil field market, by process, from 2020 to 2025. Employing real-time techniques for production optimization increases the recovery of oil and reduces the non-productive time. The ongoing market dynamics, where there has been a constant fluctuation in the oil prices, requires focusing on reducing the non-productive time and i ....

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IT Asset Disposition Market worth $21.2 billion by 2026 - Exclusive Report by MarketsandMarkets™


(MENAFN - PR Newswire) CHICAGO, April 26, 2021 /PRNewswire/ According to the new market research report
IT Asset Disposition Market with COVID-19 impact Analysis By Service Type, Asset Type, Organization Size, End User (Banking, Financial Services, and Insurance (BFSI), IT and Telecom, Healthcare), And Region -Global Forecast to 2026 , published by MarketsandMarkets™, the IT Asset Disposition market is expected to grow from USD 14.5 billion in 2020 to USD 21.2 billion by 2026; it is expected to grow at a CAGR of 7.9% from 2021 to 2026. The IT asset disposition market has been witnessing significant growth over the past years, mainly owing to regulatory compliances, awareness of conserving the environment, and the growing need to prevent data breaches. The market is further driven by the vast amounts of e-waste, the need for safe methods of disposing of e-waste, and environmental policies which are followed by industries. The surging adoption of new technolo ....

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