DUBLIN--(BUSINESS WIRE)--Jun 19, 2018--The "Oilfield Communications - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering. The Global Oilfield Communications Market accounted for $2.95 billion in 2017 and is expected to reach $6.25 billion by 2026 growing at a CAGR of 8.7% during the forecast period. Rising demand for offshore oil field communication solutions, new projects in drilling for oil in extreme conditions and rising implication of cyber security are some of the key factors fuelling the market growth. However, factors such as strict government regulatory norms and probable risk in data and asset security are hindering the market.Read more on NewsOK.com

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