IoT in Oil and Gas Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity
IoT (Internet of Things) in the oil and gas industry refers to the integration of advanced technologies, such as sensors, smart devices, and data analytics, to create a network of interconnected devices that can collect, analyze, and share data in real-time. The IoT in oil and gas helps optimize the oil and gas production and consumption process, reduce oil and gas wastage, and enhance oil and gas efficiency.