India IoT(Internet of Things) in Oil and Gas Market (2025-2031) Outlook | Analysis, Size, Trends, Share, Revenue, Forecast, Companies, Value, Industry & Growth

Market Forecast By Solution (Sensing, Communication, Cloud and Edge Computing, Data Management), By Application (Fleet and Asset Management, Preventive Maintenance, Security Management, Pipeline Monitoring, Others), By Industry Stream (Upstream, Midstream, Downstream) And Competitive Landscape
Product Code: ETC071683 Publication Date: Jun 2023 Updated Date: Aug 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

India IoT(Internet of Things) in Oil and Gas Market Synopsis

The Internet of Things (IoT) in Oil and Gas Market is estimated to grow from USD 2.81 Billion in 2018 to USD 7.62 Billion by 2025, at a CAGR of 22.3%. The IoT market in oil and gas industry has witnessed significant growth over the past few years due to the increasing demand for automated systems for efficient management of resources, improved safety & security measures, increased process efficiency with optimized production cost, improved reliability and accuracy of data acquisition as well as improved customer experience through innovative services. Moreover, the rise in investments by venture capitalists into oil & gas start-ups is further driving the growth of IoT solutions in this industry.

Drivers of the Market:

Increasing Adoption Of Automated Systems In Oil & Gas Industry For Optimizing Resource Utilization: Automation technologies such as supervisory control and data acquisition (SCADA) systems have enabled predictive maintenance capabilities thus helping companies reduce downtime and improve operational performance as well as optimize resource utilization. This factor drives the adoption rate for automation technologies amongst oil & gas service providers leading up to higher demand for associated IoT solutions which will further drive market growth over forecast period. Technological Advancements Towards Digital Transformation In Oil And Gas Industry Leading To Higher Connectivity Among Assets: Companies are increasingly investing towards digitizing their operations by deploying unified communications platforms such intelligent edge computing architectures based on Industrial Internet of Things (IIoT). These technological advancements enable remote monitoring between connected assets resulting into better decision making abilities with real time analysis & insights leading up to higher operational efficiency over traditional methods thereby driving overall market growth during forecast period.

Challenges of the Market:

High Cost Associated With Implementation Of IoT Solutions Especially By Small Scale Players In Developing Regions : The high cost associated with deployment of these advanced technologies act as major restraint amongst smaller scale players especially operating out developing regions where access to funds become limited leading them incapable enough not able implement these expensive solutions hence hampering overall market growth during forecast period.

Trends of the Market:

Emergence Of Low Power Wide Area Network Technologies Such As LoRaWAN Among Others : LPWA networks offer low power consumption while providing wide coverage area enabling seamless connectivity even across longer distances thus providing viable solution towards building wireless communication infrastructures required for industrial internet applications among others .This trends offers potential opportunities towards implementation various smart energy management scenarios mainly applicable across rural areas wherein majority population do not have access electricity grid networks hence creating potential opportunities within relevant.

Key Highlights of the Report:

  • India IoT(Internet of Things) in Oil and Gas Market Outlook
  • Market Size of India IoT(Internet of Things) in Oil and Gas Market, 2024
  • Forecast of India IoT(Internet of Things) in Oil and Gas Market, 2031
  • Historical Data and Forecast of India IoT(Internet of Things) in Oil and Gas Revenues & Volume for the Period 2021-2031
  • India IoT(Internet of Things) in Oil and Gas Market Trend Evolution
  • India IoT(Internet of Things) in Oil and Gas Market Drivers and Challenges
  • India IoT(Internet of Things) in Oil and Gas Price Trends
  • India IoT(Internet of Things) in Oil and Gas Porter's Five Forces
  • India IoT(Internet of Things) in Oil and Gas Industry Life Cycle
  • Historical Data and Forecast of India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume By Solution for the Period 2021-2031
  • Historical Data and Forecast of India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume By Sensing for the Period 2021-2031
  • Historical Data and Forecast of India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume By Communication for the Period 2021-2031
  • Historical Data and Forecast of India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume By Cloud and Edge Computing for the Period 2021-2031
  • Historical Data and Forecast of India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume By Data Management for the Period 2021-2031
  • Historical Data and Forecast of India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume By Fleet and Asset Management for the Period 2021-2031
  • Historical Data and Forecast of India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume By Preventive Maintenance for the Period 2021-2031
  • Historical Data and Forecast of India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume By Security Management for the Period 2021-2031
  • Historical Data and Forecast of India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume By Pipeline Monitoring for the Period 2021-2031
  • Historical Data and Forecast of India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume By Industry Stream for the Period 2021-2031
  • Historical Data and Forecast of India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume By Upstream for the Period 2021-2031
  • Historical Data and Forecast of India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume By Midstream for the Period 2021-2031
  • Historical Data and Forecast of India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume By Downstream for the Period 2021-2031
  • India IoT(Internet of Things) in Oil and Gas Import Export Trade Statistics
  • Market Opportunity Assessment By Solution
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Industry Stream
  • India IoT(Internet of Things) in Oil and Gas Top Companies Market Share
  • India IoT(Internet of Things) in Oil and Gas Competitive Benchmarking By Technical and Operational Parameters
  • India IoT(Internet of Things) in Oil and Gas Company Profiles
  • India IoT(Internet of Things) in Oil and Gas Key Strategic Recommendations

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India IoT(Internet of Things) in Oil and Gas Market Overview

3.1 India Country Macro Economic Indicators

3.2 India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume, 2021 & 2031F

3.3 India IoT(Internet of Things) in Oil and Gas Market - Industry Life Cycle

3.4 India IoT(Internet of Things) in Oil and Gas Market - Porter's Five Forces

3.5 India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume Share, By Solution, 2021 & 2031F

3.6 India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume Share, By Industry Stream, 2021 & 2031F

4 India IoT(Internet of Things) in Oil and Gas Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing adoption of IoT solutions in the oil and gas industry to improve operational efficiency and reduce costs.

4.2.2 Growing focus on digital transformation and automation in the Indian oil and gas sector.

4.2.3 Rising demand for real-time monitoring and predictive maintenance in oil and gas operations.

4.3 Market Restraints

4.3.1 Data security and privacy concerns associated with IoT implementation in the oil and gas industry.

4.3.2 High initial investment required for deploying IoT solutions and infrastructure.

4.3.3 Lack of standardized protocols and interoperability challenges in integrating IoT devices and systems.

5 India IoT(Internet of Things) in Oil and Gas Market Trends

6 India IoT(Internet of Things) in Oil and Gas Market, By Types

6.1 India IoT(Internet of Things) in Oil and Gas Market, By Solution

6.1.1 Overview and Analysis

6.1.2 India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume, By Solution, 2021-2031F

6.1.3 India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume, By Sensing, 2021-2031F

6.1.4 India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume, By Communication, 2021-2031F

6.1.5 India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume, By Cloud and Edge Computing, 2021-2031F

6.1.6 India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume, By Data Management, 2021-2031F

6.2 India IoT(Internet of Things) in Oil and Gas Market, By Application

6.2.1 Overview and Analysis

6.2.2 India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume, By Fleet and Asset Management, 2021-2031F

6.2.3 India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume, By Preventive Maintenance, 2021-2031F

6.2.4 India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume, By Security Management, 2021-2031F

6.2.5 India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume, By Pipeline Monitoring, 2021-2031F

6.2.6 India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume, By Others, 2021-2031F

6.3 India IoT(Internet of Things) in Oil and Gas Market, By Industry Stream

6.3.1 Overview and Analysis

6.3.2 India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume, By Upstream, 2021-2031F

6.3.3 India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume, By Midstream, 2021-2031F

6.3.4 India IoT(Internet of Things) in Oil and Gas Market Revenues & Volume, By Downstream, 2021-2031F

7 India IoT(Internet of Things) in Oil and Gas Market Import-Export Trade Statistics

7.1 India IoT(Internet of Things) in Oil and Gas Market Export to Major Countries

7.2 India IoT(Internet of Things) in Oil and Gas Market Imports from Major Countries

8 India IoT(Internet of Things) in Oil and Gas Market Key Performance Indicators

8.1 Percentage increase in the number of IoT devices deployed for monitoring and control in oil and gas facilities.

8.2 Reduction in downtime and maintenance costs due to the implementation of IoT solutions.

8.3 Improvement in operational efficiency and productivity as measured by the percentage increase in asset utilization rates.

8.4 Energy savings achieved through IoT-enabled optimization of processes and equipment in the oil and gas sector.

8.5 Enhancement in safety metrics such as the reduction in the number of incidents or accidents through IoT-enabled predictive maintenance and monitoring.

9 India IoT(Internet of Things) in Oil and Gas Market - Opportunity Assessment

9.1 India IoT(Internet of Things) in Oil and Gas Market Opportunity Assessment, By Solution, 2021 & 2031F

9.2 India IoT(Internet of Things) in Oil and Gas Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 India IoT(Internet of Things) in Oil and Gas Market Opportunity Assessment, By Industry Stream, 2021 & 2031F

10 India IoT(Internet of Things) in Oil and Gas Market - Competitive Landscape

10.1 India IoT(Internet of Things) in Oil and Gas Market Revenue Share, By Companies, 2024

10.2 India IoT(Internet of Things) in Oil and Gas Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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