Engineering, Research & Technical Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Oil & Gas Engineering Services
Overview
Market size
$280.0B
global, USD
CAGR
4.2%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
5 high severity
Market outlook
2031$344.0B
What changed
Demand by region
North America demand35%
Middle East and Africa demand25%
Asia Pacific demand20%
Europe demand15%
Rest of world demand5%
share of global demandtotal 100%
Cost drivers
Engineering and technical labor45%
Software licensing and IT infrastructure15%
Project management and administration15%
Office overhead and regional facilities15%
Travel and field mobilization10%
share of delivered cost (analyst estimate)