New York, April 16: Market Research Engine has published a new report titled as “Global Energy Trading & Risk Management (ETRM) Market, By Commodities (Power, Natural Gas, Natural Gas Liquids, Coal) By Functional Types, By Vendor Types & By Regions – Trends & Forecast 2015-2020”.
The Global 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 Infoholic Research, 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).
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Full Report:
“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
Takeaways:
• 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.
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