AI in Oil and Gas Market Share & Growth Analysis 2033
AI in oil and gas refers to the use of artificial intelligence (AI) technologies to optimize processes, improve safety, and make better decisions in the oil and gas business. It encompasses neural networks, computer vision, machine learning (ML), robots, and natural language processing (NLP). AI in the oil and gas industry is frequently utilized for reservoir simulation, automated drilling, predictive maintenance, geological mapping, safety monitoring, process automation, and asset management. It facilitates decision-making, lowers costs, improves safety, reliability, and scalability, and promotes sustainability.
Read More: https://www.imarcgroup.com...
AI in oil and gas refers to the use of artificial intelligence (AI) technologies to optimize processes, improve safety, and make better decisions in the oil and gas business. It encompasses neural networks, computer vision, machine learning (ML), robots, and natural language processing (NLP). AI in the oil and gas industry is frequently utilized for reservoir simulation, automated drilling, predictive maintenance, geological mapping, safety monitoring, process automation, and asset management. It facilitates decision-making, lowers costs, improves safety, reliability, and scalability, and promotes sustainability.
Read More: https://www.imarcgroup.com...
AI in Oil and Gas Market Size, Share | Forecast [2033]
The global AI in oil and gas market size reached USD 2.9 Billion in 2024 and grow at a CAGR of 8.2% to reach USD 6.4 Billion by 2033.
https://www.imarcgroup.com/ai-in-oil-gas-market
07:59 PM - Dec 04, 2024 (UTC)