Oil & Gas
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The worldwide oil and gas EPC market was worth US$ 44.70 billion in 2021 and is expected to be worth US$ 62.34 billion by 2027, with a CAGR of 5.40 percent.
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In 2021, Asia Pacific was the biggest region in the oil and gas sector. North America was the second-largest oil and gas market region.
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Major oil and gas businesses are investigating big data analytics and artificial intelligence (AI) to improve decision-making powers and hence boost revenues.