Global Market Insights, Inc. Digital Oilfield Market_pdf | Page 6

3.5.7 MACHFU
3.6 Industry impact forces
3.6.1 Growth drivers
3.6.1.1 Global
3.6.1.1.1 Volatile crude oil prices
3.6.1.2 North America
3.6.1.2.1 Increasing exploration and production activities
3.6.1.3 Europe
3.6.1.3.1 Growing number of mature fields
3.6.1.4 Asia Pacific and Middle East
3.6.1.4.1 Growing investment toward digital technology
3.6.2 Industry pitfalls & challenges
3.6.2.1 Budgets constraints and limited availability of skilled workforce
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