Global Energy Trading & Risk Management: Trend & Forecast - 2015-2020

by Sameer Joshi or 04-Jan-2015

The Energy Trading & Risk Management (ETRM) Market has seen good growth in 2014 and expected to continue the same trend during the period 2014-2015, According to Publisher, a market intelligence company. While the market as a whole has been growing at a good rate, it has been the SAAS(software as a service) which has grown most impressively compared to other segments like vendor license, vendor services, vendor S&M, third party implementation, on-vendor solution. The Global Energy Trading & Risk Management (ETRM) is expected to reach $1,140.1 million by the end of 2015 growing at 2.2% from (2014 - 2015).

“The market is largely driven by the key verticals such as power, natural gas, oil and products, natural gas liquids and coal”. The Global Energy Trading & Risk Management (ETRM) market penetration in Natural Gas & Oil Products is expected to be more than 55% by the end of 2015. The increased amount of trading in Oil & Products sector are expected to drive the Global ETRM market  from (2015-2020).

The key trends in the Global ETRM market includes a system that can store and manage huge quantities of structured and unstructured data, a system that ensures compliance with numerous new regulatory requirements, a system that helps to reduce costs, increase efficiency and maximize profits.

Essential Take-Away:
 - The power industry segment is the largest segment among the global ETRM market with a market share of 30.8% followed by the natural gas and oil & products segments with a share of 29.3% and 26.3% respectively.
 -  The oil & products segment expected grow at a CAGR of 8.5% during the period 2015-2020.
 -  The global ETRM market is expected to reach $1,351.6 million by 2020.