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AI-Powered Transformation in Oil & Gas Industry: Market Set to Reach USD 10.1 Billion by 2034 Amid Rising Focus on Cost Efficiency, Safety, and Sustainability
The global AI in oil and gas market is undergoing a transformative shift as digital technologies reshape traditional energy operations. Valued at US$ 2.8 Bn in 2023, the market is projected to expand at a robust CAGR of 12.3% from 2024 to 2034, reaching approximately US$ 10.1 Bn by 2034. This growth trajectory reflects the increasing adoption of artificial intelligence (AI) across upstream,...
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