PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1890745
PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1890745
Oil and Gas Digital Rock Analysis Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of oil and gas digital rock analysis Market
The global oil and gas digital rock analysis market continues to gain importance as exploration and production companies adopt advanced digital tools to enhance reservoir understanding and optimize hydrocarbon recovery. According to the latest industry report, the market was valued at USD 256.86 million in 2024, driven by rising oil and gas exploration activity and the transition toward data-driven decision-making in upstream operations. In 2025, the market is projected to grow to USD 277.63 million, supported by the rapid integration of imaging technologies, artificial intelligence, and cloud-based platforms. By 2032, the market is expected to reach USD 453.20 million, reflecting a strong industry shift toward precision reservoir characterization and enhanced operational efficiency.
Digital rock analysis involves the study and interpretation of rock samples using advanced imaging and computational techniques to evaluate pore-scale structures and petrophysical properties. Unlike conventional core analysis-which can take months to complete-digital rock workflows provide faster results, improved accuracy, and deeper geological insights. These advantages are driving adoption across exploration, production, and enhanced oil recovery (EOR) applications, positioning digital rock analysis as a key technology for the next phase of upstream innovation.
Market Drivers
Rising Investment in Exploration and Production Activities
Growing global energy demand continues to push investments in upstream oil and gas projects. As exploration moves into geologically complex and unconventional formations, companies require more advanced tools to assess reservoir quality and hydrocarbon potential. Digital rock analysis enables high-resolution evaluation of porosity, permeability, relative permeability, and fluid flow behavior-crucial factors in identifying producible zones and optimizing well development strategies. This shift toward data-driven exploration is one of the primary drivers of market expansion from 2024 through 2032.
Growing Focus on Environmental Sustainability
As the oil and gas industry works to reduce its environmental footprint, digital rock analysis provides a more sustainable alternative to traditional core evaluation methods. By reducing the quantity of physical samples required and enabling more efficient reservoir modeling, digital workflows help operators minimize waste, improve resource utilization, and comply with increasingly strict environmental regulations. Companies prioritizing sustainability and emissions reduction are therefore accelerating the adoption of digital analysis tools.
Market Restraints
High initial investment costs remain a key barrier to adoption, particularly for small and mid-tier operators. Digital rock analysis requires advanced imaging systems, specialized software, and skilled personnel capable of interpreting complex data. The shortage of trained professionals in rock physics and data analytics further restricts widespread implementation, particularly in emerging markets.
Market Opportunities
Cloud computing and IoT-based systems provide significant opportunities for digital transformation in the oil and gas sector. Cloud platforms enhance collaboration, enable scalable data processing, and allow remote access to digital core datasets. IoT sensors integrated with digital rock workflows provide real-time insights into reservoir behavior, improving forecasting and decision-making. These advancements are expected to play a crucial role in the market's progression toward USD 453.20 million by 2032.
Regional Outlook
North America - Market Leader in 2024
North America dominated the market with 33.63% share in 2024, valued at USD 86.37 million. The region's strong position is supported by high shale gas production, rapid adoption of digital technologies, and strong government support for advanced reservoir characterization. The U.S., with its increasing shale output and substantial investment in digital subsurface tools, is expected to reach USD 82.75 million in 2025.
Europe and Asia Pacific
Europe continues to adopt digital solutions to improve extraction efficiency and comply with strict environmental regulations. Meanwhile, Asia Pacific is the third-largest market, expanding due to rising energy demand in China and India. China's market value is expected to reach USD 32.09 million in 2025 as exploration activities accelerate to support industrial growth.
Competitive Landscape
Key industry players include SLB, Halliburton, Baker Hughes, Dassault Systemes, Thermo Fisher Scientific, and Synopsys. These companies are investing in advanced 3D imaging, AI-based modeling, and integrated digital core analysis platforms to support faster, more accurate reservoir evaluations.
Conclusion
The oil and gas digital rock analysis market is on a steady growth path, rising from USD 256.86 million in 2024 to USD 277.63 million in 2025, and projected to reach USD 453.20 million by 2032. As digital transformation accelerates across the energy sector, digital rock analysis will remain essential for improving reservoir performance, enhancing decision-making, and supporting sustainable upstream operations.
Segmentation By Application
- Exploration & Production
- Research & Development
- Enhanced Oil Recovery (EOR)
By End-User
- Oil & Gas Companies
- Research Institutes
By Region
- North America (By Application, By End-User, and By Country)
- U.S.
- Canada
- Europe (By Application, By End-User, and By Country)
- Russia
- Norway
- U.K.
- Rest of Europe
- Asia Pacific (By Application, By End-User, and By Country)
- China
- India
- Indonesia
- Rest of Asia Pacific
- Latin America (By Application, By End-User, and By Country)
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa (By Application, By End-User and By Country)
- Saudi Arabia
- UAE
- Rest of the Middle East & Africa
Table of Content
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions & Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends - For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Insight on Regulatory Landscape
- 4.4. Porters Five Forces Analysis
- 4.5. Impact of COVID-19 on the Global Oil & Gas Digital Rock Analysis Market
5. Global Oil & Gas Digital Rock Analysis Market (USD Million) Analysis, Insights, and Forecast, 2019-2032
- 5.1. Key Findings
- 5.2. Market Analysis, Insights, and Forecast - By Application
- 5.2.1. Exploration & Production
- 5.2.2. Research & Development
- 5.2.3. Enhanced Oil Recovery (EOR)
- 5.3. Market Analysis, Insights, and Forecast - By End-User
- 5.3.1. Oil & Gas Companies
- 5.3.2. Research Institutes
- 5.4. Market Analysis, Insights, and Forecast - By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America
- 5.4.5. Middle East and Africa
6. North America Oil & Gas Digital Rock Analysis Market (USD Million) Analysis, Insights, and Forecast, 2019-2032
- 6.1. Key Findings
- 6.2. Market Analysis, Insights, and Forecast - By Application
- 6.2.1. Exploration & Production
- 6.2.2. Research & Development
- 6.2.3. Enhanced Oil Recovery (EOR)
- 6.3. Market Analysis, Insights, and Forecast - By End-User
- 6.3.1. Oil & Gas Companies
- 6.3.2. Research Institutes
- 6.4. Market Analysis, Insights, and Forecast - By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Oil & Gas Digital Rock Analysis Market (USD Million) Analysis, Insights, and Forecast, 2019-2032
- 7.1. Key Findings
- 7.2. Market Analysis, Insights, and Forecast - By Application
- 7.2.1. Exploration & Production
- 7.2.2. Research & Development
- 7.2.3. Enhanced Oil Recovery (EOR)
- 7.3. Market Analysis, Insights, and Forecast - By End-User
- 7.3.1. Oil & Gas Companies
- 7.3.2. Research Institutes
- 7.4. Market Analysis, Insights, and Forecast - By Country
- 7.4.1. Russia
- 7.4.2. Norway
- 7.4.3. UK
- 7.4.4. Rest of Europe
8. Asia Pacific Oil & Gas Digital Rock Analysis Market (USD Million) Analysis, Insights, and Forecast, 2019-2032
- 8.1. Key Findings
- 8.2. Market Analysis, Insights, and Forecast - By Application
- 8.2.1. Exploration & Production
- 8.2.2. Research & Development
- 8.2.3. Enhanced Oil Recovery (EOR)
- 8.3. Market Analysis, Insights, and Forecast - By End-User
- 8.3.1. Oil & Gas Companies
- 8.3.2. Research Institutes
- 8.4. Market Analysis, Insights, and Forecast - By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Indonesia
- 8.4.4. Rest of Asia Pacific
9. Latin America Oil & Gas Digital Rock Analysis Market (USD Million) Analysis, Insights, and Forecast, 2019-2032
- 9.1. Market Analysis, Insights, and Forecast - By Application
- 9.1.1. Exploration & Production
- 9.1.2. Research & Development
- 9.1.3. Enhanced Oil Recovery (EOR)
- 9.2. Market Analysis, Insights, and Forecast - By End-User
- 9.2.1. Oil & Gas Companies
- 9.2.2. Research Institutes
- 9.3. Market Analysis, Insights, and Forecast - By Country
- 9.3.1. Brazil
- 9.3.2. Mexico
- 9.3.3. Rest of Latin America
10. Middle East and Africa Oil & Gas Digital Rock Analysis Market (USD Million) Analysis, Insights, and Forecast, 2019-2032
- 10.1. Market Analysis, Insights, and Forecast - By Application
- 10.1.1. Exploration & Production
- 10.1.2. Research & Development
- 10.1.3. Enhanced Oil Recovery (EOR)
- 10.2. Market Analysis, Insights, and Forecast - By End-User
- 10.2.1. Oil & Gas Companies
- 10.2.2. Research Institutes
- 10.3. Market Analysis, Insights, and Forecast - By Country
- 10.3.1. Saudi Arabia
- 10.3.2. UAE
- 10.3.3. Rest of Middle East & Africa
11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2024
- 11.2. Company Profile
- 11.2.1. SLB
- 11.2.1.1. Business Overview
- 11.2.1.2. Function and Service Offerings
- 11.2.1.3. Recent Developments
- 11.2.1.4. Financials (Based on Availability)
- 11.2.2. Thermo Fisher Scientific Inc.
- 11.2.2.1. Business Overview
- 11.2.2.2. Function and Service Offerings
- 11.2.2.3. Recent Developments
- 11.2.2.4. Financials (Based on Availability)
- 11.2.3. Halliburton
- 11.2.3.1. Business Overview
- 11.2.3.2. Function and Service Offerings
- 11.2.3.3. Recent Developments
- 11.2.3.4. Financials (Based on Availability)
- 11.2.4. ESSS
- 11.2.4.1. Business Overview
- 11.2.4.2. Function and Service Offerings
- 11.2.4.3. Recent Developments
- 11.2.4.4. Financials (Based on Availability)
- 11.2.5. Petricore
- 11.2.5.1. Business Overview
- 11.2.5.2. Function and Service Offerings
- 11.2.5.3. Recent Developments
- 11.2.5.4. Financials (Based on Availability)
- 11.2.6. Dassault Systemes
- 11.2.6.1. Business Overview
- 11.2.6.2. Function and Service Offerings
- 11.2.6.3. Recent Developments
- 11.2.6.4. Financials (Based on Availability)
- 11.2.7. Math2Market GmbH
- 11.2.7.1. Business Overview
- 11.2.7.2. Function and Service Offerings
- 11.2.7.3. Recent Developments
- 11.2.7.4. Financials (Based on Availability)
- 11.2.8. Synopsys
- 11.2.8.1. Business Overview
- 11.2.8.2. Function and Service Offerings
- 11.2.8.3. Recent Developments
- 11.2.8.4. Financials (Based on Availability)
- 11.2.9. Baker Hughes
- 11.2.9.1. Business Overview
- 11.2.9.2. Function and Service Offerings
- 11.2.9.3. Recent Developments
- 11.2.9.4. Financials (Based on Availability)
- 11.2.10. Core Laboratories
- 11.2.10.1. Business Overview
- 11.2.10.2. Function and Service Offerings
- 11.2.10.3. Recent Developments
- 11.2.10.4. Financials (Based on Availability)
- 11.2.1. SLB
List of Tables
- Table 1: Global Oil and Gas Digital Rock Analysis Market Revenue (USD Million) Forecast, by Application, 2019-2032
- Table 2: Global Oil and Gas Digital Rock Analysis Market Revenue (USD Million) Forecast, by End-User, 2019-2032
- Table 3: Global Oil and Gas Digital Rock Analysis Market Revenue (USD Million) Forecast, By Region, 2019-2032
- Table 4: North America Oil and Gas Digital Rock Analysis Market Revenue (USD Million) Forecast, by Application, 2019-2032
- Table 5: North America Oil and Gas Digital Rock Analysis Market Revenue (USD Million) Forecast, by End-User, 2019-2032
- Table 6: North America Oil and Gas Digital Rock Analysis Market Revenue (USD Million) Forecast, By Country, 2019-2032
- Table 7: Europe Oil and Gas Digital Rock Analysis Market Revenue (USD Million) Forecast, by Application, 2019-2032
- Table 8: Europe Oil and Gas Digital Rock Analysis Market Revenue (USD Million) Forecast, by End-User, 2019-2032
- Table 9: Europe Oil and Gas Digital Rock Analysis Market Revenue (USD Million) Forecast, By Country, 2019-2032
- Table 10: Asia Pacific Oil and Gas Digital Rock Analysis Market Revenue (USD Million) Forecast, by Application, 2019-2032
- Table 11: Asia Pacific Oil and Gas Digital Rock Analysis Market Revenue (USD Million) Forecast, by End-User, 2019-2032
- Table 12: Asia Pacific Oil and Gas Digital Rock Analysis Market Revenue (USD Million) Forecast, By Country, 2019-2032
- Table 13: Latin America Oil and Gas Digital Rock Analysis Market Revenue (USD Million) Forecast, by Application, 2019-2032
- Table 14: Latin America Oil and Gas Digital Rock Analysis Market Revenue (USD Million) Forecast, by End-User, 2019-2032
- Table 15: Latin America Oil and Gas Digital Rock Analysis Market Revenue (USD Million) Forecast, By Country, 2019-2032
- Table 16: Middle East and Africa Oil and Gas Digital Rock Analysis Market Revenue (USD Million) Forecast, by Application, 2019-2032
- Table 17: Middle East and Africa Oil and Gas Digital Rock Analysis Market Revenue (USD Million) Forecast, by End-User, 2019-2032
- Table 18: Middle East and Africa Oil and Gas Digital Rock Analysis Market Revenue (USD Million) Forecast, By Country, 2019-2032
- Table 19: Company Market Share Analysis (%), 2024
List of Figures
- Figure 1: Global Oil and Gas Digital Rock Analysis Market Revenue Breakdown (USD Million, %), by Region, 2024 & 2032
- Figure 2: Global Oil and Gas Digital Rock Analysis Market Value Share (%), By Application, 2024 & 2032
- Figure 3: Global Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Exploration & Production, 2019-2032
- Figure 4: Global Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Research & Development, 2019-2032
- Figure 5: Global Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Enhanced Oil Recovery (EOR), 2019-2032
- Figure 6: Global Oil and Gas Digital Rock Analysis Market Value Share (%), By End-User, 2024 & 2032
- Figure 7: Global Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Oil & Gas Companies, 2019-2032
- Figure 8: Global Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Research Institutes, 2019-2032
- Figure 9: Global Oil and Gas Digital Rock Analysis Market Value (USD Million), by Region, 2024 & 2032
- Figure 10: Global Oil and Gas Digital Rock Analysis Market Value Share (%), by Region, 2024
- Figure 11: North America Oil and Gas Digital Rock Analysis Market Value Share (%), By Application, 2024 & 2032
- Figure 12: North America Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Exploration & Production, 2019-2032
- Figure 13: North America Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Research & Development, 2019-2032
- Figure 14: North America Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Enhanced Oil Recovery (EOR), 2019-2032
- Figure 15: North America Oil and Gas Digital Rock Analysis Market Value Share (%), By End-User, 2024 & 2032
- Figure 16: North America Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Oil & Gas Companies, 2019-2032
- Figure 17: North America Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Research Institutes, 2019-2032
- Figure 18: North America Oil and Gas Digital Rock Analysis Market Value (USD Million), by Country, 2024 & 2032
- Figure 19: North America Oil and Gas Digital Rock Analysis Market Value Share (%), by Country, 2024
- Figure 20: Europe Oil and Gas Digital Rock Analysis Market Value Share (%), By Application, 2024 & 2032
- Figure 21: Europe Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Exploration & Production, 2019-2032
- Figure 22: Europe Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Research & Development, 2019-2032
- Figure 23: Europe Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Enhanced Oil Recovery (EOR), 2019-2032
- Figure 24: Europe Oil and Gas Digital Rock Analysis Market Value Share (%), By End-User, 2024 & 2032
- Figure 25: Europe Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Oil & Gas Companies, 2019-2032
- Figure 26: Europe Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Research Institutes, 2019-2032
- Figure 27: Europe Oil and Gas Digital Rock Analysis Market Value (USD Million), by Country, 2024 & 2032
- Figure 28: Europe Oil and Gas Digital Rock Analysis Market Value Share (%), by Country, 2024
- Figure 29: Asia Pacific Oil and Gas Digital Rock Analysis Market Value Share (%), By Application, 2024 & 2032
- Figure 30: Asia Pacific Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Exploration & Production, 2019-2032
- Figure 31: Asia Pacific Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Research & Development, 2019-2032
- Figure 32: Asia Pacific Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Enhanced Oil Recovery (EOR), 2019-2032
- Figure 33: Asia Pacific Oil and Gas Digital Rock Analysis Market Value Share (%), By End-User, 2024 & 2032
- Figure 34: Asia Pacific Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Oil & Gas Companies, 2019-2032
- Figure 35: Asia Pacific Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Research Institutes, 2019-2032
- Figure 36: Asia Pacific Oil and Gas Digital Rock Analysis Market Value (USD Million), by Country, 2024 & 2032
- Figure 37: Asia Pacific Oil and Gas Digital Rock Analysis Market Value Share (%), by Country, 2024
- Figure 38: Latin America Oil and Gas Digital Rock Analysis Market Value Share (%), By Application, 2024 & 2032
- Figure 39: Latin America Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Exploration & Production, 2019-2032
- Figure 40: Latin America Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Research & Development, 2019-2032
- Figure 41: Latin America Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Enhanced Oil Recovery (EOR), 2019-2032
- Figure 42: Latin America Oil and Gas Digital Rock Analysis Market Value Share (%), By End-User, 2024 & 2032
- Figure 43: Latin America Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Oil & Gas Companies, 2019-2032
- Figure 44: Latin America Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Research Institutes, 2019-2032
- Figure 45: Latin America Oil and Gas Digital Rock Analysis Market Value (USD Million), by Country, 2024 & 2032
- Figure 46: Latin America Oil and Gas Digital Rock Analysis Market Value Share (%), by Country, 2024
- Figure 47: Middle East & Africa Oil and Gas Digital Rock Analysis Market Value Share (%), By Application, 2024 & 2032
- Figure 48: Middle East & Africa Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Exploration & Production, 2019-2032
- Figure 49: Middle East & Africa Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Research & Development, 2019-2032
- Figure 50: Middle East & Africa Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Enhanced Oil Recovery (EOR), 2019-2032
- Figure 51: Middle East & Africa Oil and Gas Digital Rock Analysis Market Value Share (%), By End-User, 2024 & 2032
- Figure 52: Middle East & Africa Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Oil & Gas Companies, 2019-2032
- Figure 53: Middle East & Africa Oil and Gas Digital Rock Analysis Market Forecast (USD Million), by Research Institutes, 2019-2032
- Figure 54: Middle East & Africa Oil and Gas Digital Rock Analysis Market Value (USD Million), by Country, 2024 & 2032
- Figure 55: Middle East & Africa Oil and Gas Digital Rock Analysis Market Value Share (%), by Country, 2024
