This Energy Insights report provides a market size and forecast for the energy trading and risk management (ETRM) applications market in the oil and gas (O&G) and utilities sectors. The global market and forecast are broken down by region. Energy Insights describes conditions related to energy trading and energy commodity, futures, and spot markets and how they impact investment in ETRM.
According to Jill Feblowitz, program director, Energy Wholesale Strategies, "Energy Insights expects the global ETRM software market, currently valued at $571.03 million, to have moderate growth at a 6.57% compound annual growth rate globally, with pronounced regional variations. Although North America and Europe make up over two-thirds of the current market, Energy Insights anticipates a higher-than-average growth rate for Central and Eastern Europe, the Middle East, and Africa (CEMA), Latin America, and Asia/Pacific (excluding Japan)."