Energia
IIoT-powered Monitoring Solutions to Find Growth Opportunities in Oil & Gas as Industry Investments Increase
"Innovative pricing models such as , , and services enabled by IIoT are likely to promote the rapid adoption of monitoring solutions," said . "These models reduce the end-users' CAPEX required to implement them."
Frost & Sullivan's recent analysis, , analyzes the industry trends in the , , and oil & gas sectors. The study covers the geographic segments of , and , , and .
"The midstream sector is expected to experience the highest growth in investments," noted . "Growth of the segment and increased emphasis on gas exports will boost investment in pipelines, especially and . This demand for real-time monitoring will be further driven by end-users' desire for and ."
There will be greater growth opportunities for IIoT solution vendors that:
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Jaylon Brinkley
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