Oil and gas sector's digital transformation market set to grow by $56.4 billion by 2029, aided by tech investments.

The digital transformation market in the oil and gas sector is forecast to grow by $56.4 billion from 2025-2029, driven by investments, partnerships, and AI technologies. Companies are using big data, cloud computing, IoT sensors, and digital twins to improve safety, efficiency, and innovation. However, a shortage of skilled labor is a challenge. Key players include Accenture, Amazon, and AVEVA.

2 months ago
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