Global Oil And Gas Security And Service Market Size & Outlook
The global oil and gas security and service market size was estimated at USD 26,776.3 million in 2024 and is projected to reach USD 36,806.1 million by 2030, growing at a CAGR of 5.5% from 2025 to 2030.
Revenue, 2024 (US$M)
$26,776.3
Forecast, 2030 (US$M)
$36,806.1
CAGR, 2025 - 2030
5.5%
Report Coverage
Worldwide
Global oil and gas security and service market, 2017-2030 (US$M)
Related Markets
Global oil and gas security and service market highlights
- The global oil and gas security and service market generated a revenue of USD 26,776.3 million in 2024 and is expected to reach USD 36,806.1 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 5.5% by 2030.
- In terms of segment, solution accounted for a revenue of USD 21,076.3 million in 2024.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 26,776.3 million |
| Market revenue in 2030 | USD 36,806.1 million |
| Growth rate | 5.5% (CAGR from 2025 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data covered | 2017 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 32.8% of the global oil and gas security and service market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 609.1 million by 2030.
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Oil and Gas Security and Service Market Scope
Oil and gas security and service market segmentation & scope
Oil and Gas Security and Service Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Huawei Digital Power Technologies Co | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | https://digitalpower.huawei.com |
| United Technologies Corporation | View profile | 10001+ | Hartford, Connecticut, United States, North America | http://www.utc.com |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| Intel Corp | View profile | 124800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | https://www.intel.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
Global oil and gas security and service market size, by regions, 2017-2030 (US$M)
Top 10 countries: Oil and gas security and service market size, 2024 (US$M)
Global oil and gas security and service market share, by component, 2024 & 2030 (%, US$M)
Oil and gas security and service market: Opportunity assessment by country
Global oil and gas security and service market, by region, 2024 (US$M)
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