Energy Trading & Risk Management (ETRM) Market to Reach US$ 1,351.6 Million by 2020

New York, February 20: 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) is expected to reach $1,140.1 million by the end of 2015 growing at 2.2% from (2014 – 2015).

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https://www.marketresearchengine.com/reportdetails/global-energy-trading-and-risk-management-etrm-market

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 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.

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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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