Digital Oilfield Market is Moving Towards Sustainability through Automation Digital oilfield incorporates predictive analytics and cloud computing into oilfield development to optimize operations and minimize costs. Key components of a digital oilfield include supervisory control and data acquisition systems, smart sensors, intelligent wells, and smart pumps, which help drill wells more precisely and produce oil and gas more efficiently in real time. By automating many industrial processes, digital oilfield solutions reduce manhours, equipment maintenance workloads, and operational downtime while maximizing asset recovery over the field’s lifecycle. The global digital oilfield market is estimated to be valued at US$ 19.43 billion in 2024 and is expected to exhibit a CAGR of 7.4% over the forecast period 2024 to 2031. Get More Insights Digital Oilfield Market https://www.exoltech.us/blogs/242074/Digital-Oilfield-Market-is-Moving-Towards-Sustainability-through-Automation