The Asia Pacific AI in Oil and Gas Market would witness market growth of 14.3% CAGR during the forecast period (2022-2028).
Seismic cubes are the name for the 3D graphics. Seismic interpreters, who can also be involved in determining the parameters for the prior reconstruction phase, study the seismic cubes. By choosing the points, lines, and surfaces inside the 3D cube that are "absolutely" related to the boundary between the many strata in the subsurface formation, the translators segment the 3D images.
Since there are no measurable standards for classifying these points, lines, and surfaces, use the adverb "certainly." The entire procedure, from reconstruction to 3D cube segmentation, takes a long time and requires specialized knowledge. Geologists determine where to dig the initial set of exploration wells based on the segmented 3D cubes to further their grasp of the subsurface details, which can take the full survey data processing more than a year for a thorough seismic analysis.
Deep learning-based contemporary pattern recognition approaches have begun to delve into this seismic-related process, speeding up the interpretation by a factor of 10-1000. The likelihood that AI algorithms will optimize the physical aspects of the initial seismic surveying at an asset is minimal. They still contribute to the asset optimization of the secondary surveys.
India, which boasts the second-largest population and the world's fastest-growing economy, is heavily invested in the AI revolution. Honorable Finance Minister instructed NITI Aayog to create the National Program on AI in his budget speech for 2018–2019 in recognition of the potential for AI to transform economies and the need for India to strategically plan its approach. This is done to direct research and development in new and emerging fields.
The China market dominated the Asia Pacific AI in Oil and Gas Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $386.7 million by 2028.The Japan market is estimated to grow a CAGR of 13.6% during (2022 - 2028). Additionally, The India market would experience a CAGR of 15% during (2022 - 2028).
Based on Operation, the market is segmented into Upstream, Midstream and Downstream. Based on Component, the market is segmented into Solution and Services. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide AI in Oil and Gas Market is Projected to reach USD 5.2 Billion by 2028, at a CAGR of 13.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, Oracle Corporation, Intel Corporation, IBM Corporation, Cisco Systems, Inc., Accenture PLC, NVIDIA Corporation, Cloudera, Inc., C3.ai, Inc. and FuGenX Technologies (USM Business Systems, Inc.).
Scope of the Study
Market Segments Covered in the Report:
By Operation
- Upstream
- Midstream
- Downstream
By Component
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Microsoft Corporation
- Oracle Corporation
- Intel Corporation
- IBM Corporation
- Cisco Systems, Inc.
- Accenture PLC
- NVIDIA Corporation
- Cloudera, Inc.
- C3.ai, Inc.
- FuGenX Technologies (USM Business Systems, Inc.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific AI in Oil and Gas Market, by Operation
1.4.2 Asia Pacific AI in Oil and Gas Market, by Component
1.4.3 Asia Pacific AI in Oil and Gas Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2018, Jan – 2022, Jun) Leading Players
3.4.3 Key Strategic Move: (Acquisitions and Mergers : 2018, Dec – 2022, Aug) Leading Players
Chapter 4. Asia Pacific AI in Oil and Gas Market by Operation
4.1 Asia Pacific Upstream Market by Country
4.2 Asia Pacific Midstream Market by Country
4.3 Asia Pacific Downstream Market by Country
Chapter 5. Asia Pacific AI in Oil and Gas Market by Component
5.1 Asia Pacific Solution Market by Country
5.2 Asia Pacific Services Market by Country
Chapter 6. Asia Pacific AI in Oil and Gas Market by Country
6.1 China AI in Oil and Gas Market
6.1.1 China AI in Oil and Gas Market by Operation
6.1.2 China AI in Oil and Gas Market by Component
6.2 Japan AI in Oil and Gas Market
6.2.1 Japan AI in Oil and Gas Market by Operation
6.2.2 Japan AI in Oil and Gas Market by Component
6.3 India AI in Oil and Gas Market
6.3.1 India AI in Oil and Gas Market by Operation
6.3.2 India AI in Oil and Gas Market by Component
6.4 South Korea AI in Oil and Gas Market
6.4.1 South Korea AI in Oil and Gas Market by Operation
6.4.2 South Korea AI in Oil and Gas Market by Component
6.5 Singapore AI in Oil and Gas Market
6.5.1 Singapore AI in Oil and Gas Market by Operation
6.5.2 Singapore AI in Oil and Gas Market by Component
6.6 Malaysia AI in Oil and Gas Market
6.6.1 Malaysia AI in Oil and Gas Market by Operation
6.6.2 Malaysia AI in Oil and Gas Market by Component
6.7 Rest of Asia Pacific AI in Oil and Gas Market
6.7.1 Rest of Asia Pacific AI in Oil and Gas Market by Operation
6.7.2 Rest of Asia Pacific AI in Oil and Gas Market by Component
Chapter 7. Company Profiles
7.1 Microsoft Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Oracle Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 Intel Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Acquisition and Mergers:
7.3.5.2 Geographical Expansions:
7.3.6 SWOT Analysis
7.4 IBM Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional & Segmental Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Product Launches and Product Expansions:
7.4.5.3 Acquisition and Mergers:
7.4.6 SWOT Analysis
7.5 Cisco Systems, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Acquisition and Mergers:
7.5.6 SWOT Analysis
7.6 Accenture PLC
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Product Launches and Product Expansions:
7.6.5.3 Acquisition and Mergers:
7.6.6 SWOT Analysis
7.7 NVIDIA Corporation
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.5.2 Product Launches and Product Expansions:
7.7.6 SWOT Analysis
7.8 Cloudera, Inc.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.9 C3.ai, Inc.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 Recent strategies and developments:
7.9.5.1 Partnerships, Collaborations, and Agreements:
7.9.5.2 Acquisition, Joint Venture and Mergers:
7.10. FuGenX Technologies (USM Business Systems, Inc.)
7.10.1 Company Overview
TABLE 1 Asia Pacific AI in Oil and Gas Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific AI in Oil and Gas Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– AI in Oil and Gas Market
TABLE 4 Product Launches And Product Expansions– AI in Oil and Gas Market
TABLE 5 Acquisition and Mergers– AI in Oil and Gas Market
TABLE 6 Asia Pacific AI in Oil and Gas Market by Operation, 2018 - 2021, USD Million
TABLE 7 Asia Pacific AI in Oil and Gas Market by Operation, 2022 - 2028, USD Million
TABLE 8 Asia Pacific Upstream Market by Country, 2018 - 2021, USD Million
TABLE 9 Asia Pacific Upstream Market by Country, 2022 - 2028, USD Million
TABLE 10 Asia Pacific Midstream Market by Country, 2018 - 2021, USD Million
TABLE 11 Asia Pacific Midstream Market by Country, 2022 - 2028, USD Million
TABLE 12 Asia Pacific Downstream Market by Country, 2018 - 2021, USD Million
TABLE 13 Asia Pacific Downstream Market by Country, 2022 - 2028, USD Million
TABLE 14 Asia Pacific AI in Oil and Gas Market by Component, 2018 - 2021, USD Million
TABLE 15 Asia Pacific AI in Oil and Gas Market by Component, 2022 - 2028, USD Million
TABLE 16 Asia Pacific Solution Market by Country, 2018 - 2021, USD Million
TABLE 17 Asia Pacific Solution Market by Country, 2022 - 2028, USD Million
TABLE 18 Asia Pacific Services Market by Country, 2018 - 2021, USD Million
TABLE 19 Asia Pacific Services Market by Country, 2022 - 2028, USD Million
TABLE 20 Asia Pacific AI in Oil and Gas Market by Country, 2018 - 2021, USD Million
TABLE 21 Asia Pacific AI in Oil and Gas Market by Country, 2022 - 2028, USD Million
TABLE 22 China AI in Oil and Gas Market, 2018 - 2021, USD Million
TABLE 23 China AI in Oil and Gas Market, 2022 - 2028, USD Million
TABLE 24 China AI in Oil and Gas Market by Operation, 2018 - 2021, USD Million
TABLE 25 China AI in Oil and Gas Market by Operation, 2022 - 2028, USD Million
TABLE 26 China AI in Oil and Gas Market by Component, 2018 - 2021, USD Million
TABLE 27 China AI in Oil and Gas Market by Component, 2022 - 2028, USD Million
TABLE 28 Japan AI in Oil and Gas Market, 2018 - 2021, USD Million
TABLE 29 Japan AI in Oil and Gas Market, 2022 - 2028, USD Million
TABLE 30 Japan AI in Oil and Gas Market by Operation, 2018 - 2021, USD Million
TABLE 31 Japan AI in Oil and Gas Market by Operation, 2022 - 2028, USD Million
TABLE 32 Japan AI in Oil and Gas Market by Component, 2018 - 2021, USD Million
TABLE 33 Japan AI in Oil and Gas Market by Component, 2022 - 2028, USD Million
TABLE 34 India AI in Oil and Gas Market, 2018 - 2021, USD Million
TABLE 35 India AI in Oil and Gas Market, 2022 - 2028, USD Million
TABLE 36 India AI in Oil and Gas Market by Operation, 2018 - 2021, USD Million
TABLE 37 India AI in Oil and Gas Market by Operation, 2022 - 2028, USD Million
TABLE 38 India AI in Oil and Gas Market by Component, 2018 - 2021, USD Million
TABLE 39 India AI in Oil and Gas Market by Component, 2022 - 2028, USD Million
TABLE 40 South Korea AI in Oil and Gas Market, 2018 - 2021, USD Million
TABLE 41 South Korea AI in Oil and Gas Market, 2022 - 2028, USD Million
TABLE 42 South Korea AI in Oil and Gas Market by Operation, 2018 - 2021, USD Million
TABLE 43 South Korea AI in Oil and Gas Market by Operation, 2022 - 2028, USD Million
TABLE 44 South Korea AI in Oil and Gas Market by Component, 2018 - 2021, USD Million
TABLE 45 South Korea AI in Oil and Gas Market by Component, 2022 - 2028, USD Million
TABLE 46 Singapore AI in Oil and Gas Market, 2018 - 2021, USD Million
TABLE 47 Singapore AI in Oil and Gas Market, 2022 - 2028, USD Million
TABLE 48 Singapore AI in Oil and Gas Market by Operation, 2018 - 2021, USD Million
TABLE 49 Singapore AI in Oil and Gas Market by Operation, 2022 - 2028, USD Million
TABLE 50 Singapore AI in Oil and Gas Market by Component, 2018 - 2021, USD Million
TABLE 51 Singapore AI in Oil and Gas Market by Component, 2022 - 2028, USD Million
TABLE 52 Malaysia AI in Oil and Gas Market, 2018 - 2021, USD Million
TABLE 53 Malaysia AI in Oil and Gas Market, 2022 - 2028, USD Million
TABLE 54 Malaysia AI in Oil and Gas Market by Operation, 2018 - 2021, USD Million
TABLE 55 Malaysia AI in Oil and Gas Market by Operation, 2022 - 2028, USD Million
TABLE 56 Malaysia AI in Oil and Gas Market by Component, 2018 - 2021, USD Million
TABLE 57 Malaysia AI in Oil and Gas Market by Component, 2022 - 2028, USD Million
TABLE 58 Rest of Asia Pacific AI in Oil and Gas Market, 2018 - 2021, USD Million
TABLE 59 Rest of Asia Pacific AI in Oil and Gas Market, 2022 - 2028, USD Million
TABLE 60 Rest of Asia Pacific AI in Oil and Gas Market by Operation, 2018 - 2021, USD Million
TABLE 61 Rest of Asia Pacific AI in Oil and Gas Market by Operation, 2022 - 2028, USD Million
TABLE 62 Rest of Asia Pacific AI in Oil and Gas Market by Component, 2018 - 2021, USD Million
TABLE 63 Rest of Asia Pacific AI in Oil and Gas Market by Component, 2022 - 2028, USD Million
TABLE 64 key information – Microsoft Corporation
TABLE 65 Key Information – Oracle Corporation
TABLE 66 Key Information – Intel Corporation
TABLE 67 Key information – IBM Corporation
TABLE 68 Key Information – Cisco Systems, Inc.
TABLE 69 Key information – Accenture PLC
TABLE 70 Key Information – NVIDIA Corporation
TABLE 71 Key Information – Cloudera, Inc.
TABLE 72 Key Information – C3.ai, Inc.
TABLE 73 Key Information – FuGenX Technologies
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2018, Jan – 2022, Jun) Leading Players
FIG 6 Key Strategic Move: (Acquisitions and Mergers : 2018, dec – 2022, Aug) Leading Players
FIG 7 Recent strategies and developments: Microsoft Corporation
FIG 8 SWOT Analysis: Microsoft Corporation
FIG 9 SWOT analysis: Oracle Corporation
FIG 10 Recent strategies and developments: Intel Corporation
FIG 11 SWOT analysis: Intel corporation
FIG 12 Recent strategies and developments: IBM Corporation
FIG 13 Swot analysis: IBM Corporation
FIG 14 SWOT Analysis: Cisco Systems, Inc.
FIG 15 Recent strategies and developments: Accenture PLC
FIG 16 Swot analysis: Accenture plc
FIG 17 Recent strategies and developments: NVIDIA Corporation
FIG 18 SWOT Analysis: NVIDIA Corporation
FIG 19 Recent strategies and developments: C3.ai, Inc.