Global Energy Trading & Risk Management (ETRM) Market Overview

The Global Energy Trading and Risk Management (ETRM) Market size is expected to grow from USD 1.39 billion in 2022 to USD 1.98 billion by 2030, at a CAGR of 4.5% during the forecast period (2023-2030).

Energy trading and risk management (ETRM) systems comprise commercial decision making and market execution using an integrated system that allows data exchanges among trade floor, credit, operations, contract, and accounting functions. Integral to the process are event and trade identification/capture, scheduling/nomination/transportation and settlement execution, comprehensive risk management strategies/policies. The process also offers price transparency, controlled access, market monitoring, and regulatory compliance. Furthermore, Energy trading and risk management software is used by financial trading companies, banks, and physical energy companies from upstream, midstream to downstream. Core software functionality includes trade capture, trade valuations, counterparty creditworthiness, and limit monitoring, trade compliance, risk factors reporting and monitoring, and financial derivative accounting (Mark-to-Market), and hedge accounting.

Additionally, an Energy trading and risk management system is a software application that would be typically utilized by oil traders, distributors, suppliers, and wholesalers to automate business processes related to the supply and trading of crude oil, refined products, alternative fuels, renewable products, and financial derivatives, the movement, and delivery of those energy commodities and related risk management activities. Moreover, owing to the recent development in technology, so many organizations are in search of new ways to help streamline tasks, overcome operation costs, manage risk, and optimize processes. One of such technologies that have been utilized by oil and gas firms to assist manage risk and raising productivity is the use of Energy trading and risk management systems.

Energy Trading & Risk Management (ETRM) Market

COVID-19 Impact on the Energy Trading and Risk Management (ETRM) Market

The COVID-19 Pandemic has turned a medical emergency into a global macroeconomic crisis, causing market instability and reshaping the world of work as millions of employees stay away from their offices to comply with social distancing rules. ​Emergency contingency plans have long been a regulatory obligation for commodity and energy services firms, but the current interruptions caused by coronavirus is a force calamity of unparalleled quantity. Furthermore, interruptions in the supply chain, before COVID-19 supply chain disruptions were already a normal occurrence owing to ongoing trade wars and other geopolitical factors. COVID-19 has further inflamed the challenge and has meant that some of the legacy Energy trading and risk management solutions are just not able to cope with the flexibility needed to adapt to such a disruptive change. The disconnect and poor fluid integrations between trading and risk activities and ERP have also become further exposed thus, thus creating further inefficiencies in the chain. COVID-19 has put the spotlight on risk management and has increased the vitality for having a more granular and accurate view around P&L, pricing, and overall market risk. In many commodities markets, it would be fair to say that some of the models and forecasts based on historical pricing have gone out the window. Hence, it rests on companies to adapt their business processes and implement them in scalable and flexible Energy trading and risk management solutions. acquirer and credit risk have also come to the forefront.  Whilst it is anticipated for companies to go through an initial slow down, as they adapt their activity to cope with the consequences of the COVID-19 pandemic, companies are now embarking on managing change and future-proofing their business processes and technology.

Market Dynamics And Factors For The Energy Trading And Risk Management (ETRM) Market

Drivers:

Energy Trading and Risk Management is of great benefit for energy businesses, particularly. It comes with applications and tools that especially deal with processes and potential problems. Whether it is about making on-time energy supplies, collecting data, or optimization of resources, Energy trading and risk management does a great deal which helps to growth of the Energy trading and risk management market during the forecast period.

Records All Transactions

Energy trading and risk management helps to maintain a record of all day-to-day transactions. As energy enterprises buy and sell energy commodities on a large scale, it is manually impractical to keep all transactions in one place. That's where Energy trading and risk management comes as a significant solution. It ensures that the data is always authentic and updated.

Provide a Controlled Environment

With Energy trading and risk management, risks and potential problems are estimated beforehand. This way, business processes are streamlined. Energy trading and risk management enables coming up with the solutions beforehand. This way, it provides a controlled business environment.

Overcome The Costs of Manual Operations

With most day-to-day operations managed by CTRM, the cost of manual operations decreases largely. It further helps in the increase of productivity, and therefore, businesses enjoy higher profits and ROI.

Automation And Time-Efficient Practices

CTRM provides automated operations and helps in adopting efficient practices. This does not only ease day-to-day task management but proves to be very beneficial in the long run. This allows companies to follow new energy trends and make the most out of Energy trading and risk management market opportunities.

Enables Risk Management Activities

Energy trading and risk management supports risk management activities greatly. It helps in making a solid strategy to remove risk and perform important risk scans on time. Also, it helps deal with the risks by diversifying the supply portfolio. Again, energy companies can make sure lesser risk by following market trends and opportunities which, Energy trading and risk management plays as an important asset.

Offers An On-Time Audit Trail

Authentic data entry and updating transactions and records regularly help in providing audit trails on time. This allows for efficient decision-making as the energy sector is mostly about making rapid decisions. Maintaining in view the supply and demand for energy commodities, the audit trail is also important to deal with legal business aspects.

Challenges:

Many current Energy trading and risk management systems are built on older technologies, which haven't adapted well to changing business conditions, nor have they facilitated accelerated deployment methodologies like Agile.

While most of the major Energy trading and risk management systems were originally custom solutions, their technical architectures are based on technologies common at the time of their initial development. Current Energy trading and risk management systems that have older technology architectures are difficult and expensive to integrate into other systems, such as ERP, owing to their monolithic architecture.

Current Energy trading and risk management system transaction processing capabilities result in structured business datasets that are often "trapped" within the Energy trading and risk management data model, unable to be easily consumed by the enterprise for advanced analytics or other solutions. Recent trends of consolidation among Energy trading and risk management solution providers have reduced the number of vendors, but not the number of product options. Technology updates continue, but they're often years behind schedule and even further behind market relevancy in a rapidly changing environment.

Opportunities:

Growing financial risks and the growth of major business organizations will create growth opportunities for this market. Furthermore, utilizing digital transformation capabilities facilitates transformative business operations, improves efficiencies, differentiates from the competition, enables better manage risk, and will create new legalized opportunities during the forecast period. Furthermore, Energy trading and risk management system for the future solutions for the new sectors will create lucrative opportunities such as harden and boosted Energy trading and risk management system architecture like operating systems, databases, and runtime software to overcome the risk of a cyber incident., integrating AI and blockchain solutions to ensure security, transparency and AI to drive profitable decisions, connecting sensor technology enables companies to measure asset performance to drive operational excellence, imitating human activities with software like RPA to automate high-volume, repetitive tasks across applications, effectively and efficiently translating the wealth of available data into actionable insight to inform and drive intelligent decisions, finding and exploit hidden value from data using machine learning and AI-enabled analytics and capabilities.

Market Segmentation

Global Energy Trading & Risk Management (ETRM) Market Research report comprises of Porter's five forces analysis to do the detail study about its every segmentation like Product segmentation, End-user/application segment analysis and Major key players analysis mentioned as below: 

Segmentation Analysis of Energy Trading and Risk Management (ETRM) Market:

Based on Type, the market is classified into Software, Service, and Other. Service segment by type is anticipated to significantly turn the market and dominate the market in terms of volume.

Based on Operation, the market is classified into the front office, back office, and middle office. The back-office segment is expected to dominate the Energy trading and risk management market over the forecast period. The back office transmits out accounting operations and derivative accounting tasks and conducts the inventory.

Based on Application, the Energy trading and risk management market is segmented into Oil industries, Refineries, Gas industries, electric power industries. The electric power industries application segment is expected to significantly drive the Energy trading and risk management market and dominate the Energy trading and risk management market in terms of volume during the forecast period. We know that electric cars are impeding the transport business. China wants a fifth of its 35 million annual vehicle sales to be electric cars by 2025. India is considering dramatic plans to electrify all vehicles by 2032i. The UK has guaranteed to ban the sales of new petrol and diesel vehicles by 2040ii and Scotland by 2032. This means people won't be driving down to the local gas station to fill up their tanks. Rather, they will be plugging into power outlets wherever they can – at home, in office parking lots, at shopping malls, game parks, and curbsides.

Regional Analysis of Energy Trading and Risk Management (ETRM) Market:

Based on geography, the energy trading and risk management market is divided into North America, Asia Pacific, Europe, the Middle East, and Africa, and Latin America. North America and Europe Energy trading and risk management markets are anticipated to further expand led by significant investments from trading firms that are present in these regions. The shale gas boom in the U.S. and volatility of energy markets are also accelerating the growth of the energy trading and risk management market in these regions. The Asia Pacific is a relatively new market for the energy trading business. Thus, the region is anticipated to display a demand for Energy trading and risk management solutions over the forecast period.

Players Covered in Energy Trading & Risk Management (ETRM) Market are :

Key Industry Developments In The Energy Trading And Risk Management (ETRM) Market

  • In October 2021, Eka Software Solutions, the leading cloud platform for digital innovation, declared that a partnership with Enverus, the leading global energy data analytics and SaaS technology company to offer energy traders new solutions for enhanced risk management and decision-making. Eka will provide a pre-built connector on its Energy Trading and Risk Management Platform for seamless access to Enverus' MarketView and CurveBuilder data, including forwarding curves, settlement prices, and foreign exchange. The combination can stimulate project implementations and results by linking Enverus's data API with a cloud data warehouse to integrate disparate data, tools, and analytics into one repository.
  • In September 2020, Hitachi ABB Power Grids has signed a decisive contract to purchase US-based Pioneer Solutions LLC, a provider of industry-leading front-to-back-office Commodities/Energy Trading and Risk Management (C/ETRM) solutions, headquartered in Denver, Colorado, USA. This growth will give the business the most comprehensive providing in the market. The accession is anticipated to close in the fourth quarter of 2020.

Global Energy Trading & Risk Management (ETRM) Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data:

2017 to 2021

Market Size in 2022:

USD 1.39 Bn.

Forecast Period 2023-30 CAGR:

4.5%

Market Size in 2030:

USD 1.98 Bn.

Segments Covered:

By Type

  • Software
  • Service
  • Others

By Application

  • Oil Industries
  • Refineries
  • Gas Industries
  • Electric Power Industries

By Functionality

  • Trade & Operations
  • Hedging & Risk
  • Inventory Management & Reconciliation
  • Financial Accounting
  • Reporting
  • Integration

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Enables Risk Management Activities

Key Market Restraints:

  • Systems are Built on Old Technologies

Key Opportunities:

  • High Financial Risks and Growth of Major Business Organizations

Companies Covered in the report:

  • Accenture, Generation 10 Ltd., Allegro Development Corporation, Amphora Inc., Brady Technologies, Triple Point Technology Inc., and Other Major Players

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Application
 3.3 By Functionality

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Energy Trading And Risk Management (ETRM) Market by Type
 5.1 Energy Trading And Risk Management (ETRM) Market Overview Snapshot and Growth Engine
 5.2 Energy Trading And Risk Management (ETRM) Market Overview
 5.3 Software
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Software: Grographic Segmentation
 5.4 Service
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Service: Grographic Segmentation
 5.5 Others
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Others: Grographic Segmentation

Chapter 6: Energy Trading And Risk Management (ETRM) Market by Application
 6.1 Energy Trading And Risk Management (ETRM) Market Overview Snapshot and Growth Engine
 6.2 Energy Trading And Risk Management (ETRM) Market Overview
 6.3 Oil Industries
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Oil Industries: Grographic Segmentation
 6.4 Refineries
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Refineries: Grographic Segmentation
 6.5 Gas Industries
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Gas Industries: Grographic Segmentation
 6.6 Electric Power Industries
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2016-2028F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Electric Power Industries: Grographic Segmentation

Chapter 7: Energy Trading And Risk Management (ETRM) Market by Functionality
 7.1 Energy Trading And Risk Management (ETRM) Market Overview Snapshot and Growth Engine
 7.2 Energy Trading And Risk Management (ETRM) Market Overview
 7.3 Trade & Operations
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2028F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Trade & Operations: Grographic Segmentation
 7.4 Hedging & Risk
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2028F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Hedging & Risk: Grographic Segmentation
 7.5 Inventory Management & Reconciliation
  7.5.1 Introduction and Market Overview
  7.5.2 Historic and Forecasted Market Size (2016-2028F)
  7.5.3 Key Market Trends, Growth Factors and Opportunities
  7.5.4 Inventory Management & Reconciliation: Grographic Segmentation
 7.6 Financial Accounting
  7.6.1 Introduction and Market Overview
  7.6.2 Historic and Forecasted Market Size (2016-2028F)
  7.6.3 Key Market Trends, Growth Factors and Opportunities
  7.6.4 Financial Accounting: Grographic Segmentation
 7.7 Reporting
  7.7.1 Introduction and Market Overview
  7.7.2 Historic and Forecasted Market Size (2016-2028F)
  7.7.3 Key Market Trends, Growth Factors and Opportunities
  7.7.4 Reporting: Grographic Segmentation
 7.8 Integration
  7.8.1 Introduction and Market Overview
  7.8.2 Historic and Forecasted Market Size (2016-2028F)
  7.8.3 Key Market Trends, Growth Factors and Opportunities
  7.8.4 Integration: Grographic Segmentation

Chapter 8: Company Profiles and Competitive Analysis
 8.1 Competitive Landscape
  8.1.1 Competitive Positioning
  8.1.2 Energy Trading And Risk Management (ETRM) Sales and Market Share By Players
  8.1.3 Industry BCG Matrix
  8.1.4 Ansoff Matrix
  8.1.5 Energy Trading And Risk Management (ETRM) Industry Concentration Ratio (CR5 and HHI)
  8.1.6 Top 5 Energy Trading And Risk Management (ETRM) Players Market Share
  8.1.7 Mergers and Acquisitions
  8.1.8 Business Strategies By Top Players
 8.2 ACCENTURE
  8.2.1 Company Overview
  8.2.2 Key Executives
  8.2.3 Company Snapshot
  8.2.4 Operating Business Segments
  8.2.5 Product Portfolio
  8.2.6 Business Performance
  8.2.7 Key Strategic Moves and Recent Developments
  8.2.8 SWOT Analysis
 8.3 GENERATION 10 LTD.
 8.4 ALLEGRO DEVELOPMENT CORPORATION
 8.5 AMPHORA INC.
 8.6 BRADY TECHNOLOGIES
 8.7 TRIPLE POINT TECHNOLOGY INC.
 8.8 OPENLINK LLC.
 8.9 COMFIN SOFTWARE
 8.10 EKA SOFTWARE SOLUTIONS
 8.11 SAP SE
 8.12 SAPIENT
 8.13 ENUIT LLC
 8.14 CONTIGO SOFTWARE LTD.
 8.15 VENTYX
 8.16 TRAYPORT
 8.17 CALVUS
 8.18 FIS
 8.19 PREVISE SYSTEMS GMBH
 8.20 OTHER MAJOR PLAYERS

Chapter 9: Global Energy Trading And Risk Management (ETRM) Market Analysis, Insights and Forecast, 2016-2028
 9.1 Market Overview
 9.2 Historic and Forecasted Market Size By Type
  9.2.1 Software
  9.2.2 Service
  9.2.3 Others
 9.3 Historic and Forecasted Market Size By Application
  9.3.1 Oil Industries
  9.3.2 Refineries
  9.3.3 Gas Industries
  9.3.4 Electric Power Industries
 9.4 Historic and Forecasted Market Size By Functionality
  9.4.1 Trade & Operations
  9.4.2 Hedging & Risk
  9.4.3 Inventory Management & Reconciliation
  9.4.4 Financial Accounting
  9.4.5 Reporting
  9.4.6 Integration

Chapter 10: North America Energy Trading And Risk Management (ETRM) Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Type
  10.4.1 Software
  10.4.2 Service
  10.4.3 Others
 10.5 Historic and Forecasted Market Size By Application
  10.5.1 Oil Industries
  10.5.2 Refineries
  10.5.3 Gas Industries
  10.5.4 Electric Power Industries
 10.6 Historic and Forecasted Market Size By Functionality
  10.6.1 Trade & Operations
  10.6.2 Hedging & Risk
  10.6.3 Inventory Management & Reconciliation
  10.6.4 Financial Accounting
  10.6.5 Reporting
  10.6.6 Integration
 10.7 Historic and Forecast Market Size by Country
  10.7.1 U.S.
  10.7.2 Canada
  10.7.3 Mexico

Chapter 11: Europe Energy Trading And Risk Management (ETRM) Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Software
  11.4.2 Service
  11.4.3 Others
 11.5 Historic and Forecasted Market Size By Application
  11.5.1 Oil Industries
  11.5.2 Refineries
  11.5.3 Gas Industries
  11.5.4 Electric Power Industries
 11.6 Historic and Forecasted Market Size By Functionality
  11.6.1 Trade & Operations
  11.6.2 Hedging & Risk
  11.6.3 Inventory Management & Reconciliation
  11.6.4 Financial Accounting
  11.6.5 Reporting
  11.6.6 Integration
 11.7 Historic and Forecast Market Size by Country
  11.7.1 Germany
  11.7.2 U.K.
  11.7.3 France
  11.7.4 Italy
  11.7.5 Russia
  11.7.6 Spain
  11.7.7 Rest of Europe

Chapter 12: Asia-Pacific Energy Trading And Risk Management (ETRM) Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Software
  12.4.2 Service
  12.4.3 Others
 12.5 Historic and Forecasted Market Size By Application
  12.5.1 Oil Industries
  12.5.2 Refineries
  12.5.3 Gas Industries
  12.5.4 Electric Power Industries
 12.6 Historic and Forecasted Market Size By Functionality
  12.6.1 Trade & Operations
  12.6.2 Hedging & Risk
  12.6.3 Inventory Management & Reconciliation
  12.6.4 Financial Accounting
  12.6.5 Reporting
  12.6.6 Integration
 12.7 Historic and Forecast Market Size by Country
  12.7.1 China
  12.7.2 India
  12.7.3 Japan
  12.7.4 Singapore
  12.7.5 Australia
  12.7.6 New Zealand
  12.7.7 Rest of APAC

Chapter 13: Middle East & Africa Energy Trading And Risk Management (ETRM) Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type
  13.4.1 Software
  13.4.2 Service
  13.4.3 Others
 13.5 Historic and Forecasted Market Size By Application
  13.5.1 Oil Industries
  13.5.2 Refineries
  13.5.3 Gas Industries
  13.5.4 Electric Power Industries
 13.6 Historic and Forecasted Market Size By Functionality
  13.6.1 Trade & Operations
  13.6.2 Hedging & Risk
  13.6.3 Inventory Management & Reconciliation
  13.6.4 Financial Accounting
  13.6.5 Reporting
  13.6.6 Integration
 13.7 Historic and Forecast Market Size by Country
  13.7.1 Turkey
  13.7.2 Saudi Arabia
  13.7.3 Iran
  13.7.4 UAE
  13.7.5 Africa
  13.7.6 Rest of MEA

Chapter 14: South America Energy Trading And Risk Management (ETRM) Market Analysis, Insights and Forecast, 2016-2028
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Type
  14.4.1 Software
  14.4.2 Service
  14.4.3 Others
 14.5 Historic and Forecasted Market Size By Application
  14.5.1 Oil Industries
  14.5.2 Refineries
  14.5.3 Gas Industries
  14.5.4 Electric Power Industries
 14.6 Historic and Forecasted Market Size By Functionality
  14.6.1 Trade & Operations
  14.6.2 Hedging & Risk
  14.6.3 Inventory Management & Reconciliation
  14.6.4 Financial Accounting
  14.6.5 Reporting
  14.6.6 Integration
 14.7 Historic and Forecast Market Size by Country
  14.7.1 Brazil
  14.7.2 Argentina
  14.7.3 Rest of SA

Chapter 15 Investment Analysis

Chapter 16 Analyst Viewpoint and Conclusion

Global Energy Trading & Risk Management (ETRM) Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data:

2017 to 2021

Market Size in 2022:

USD 1.39 Bn.

Forecast Period 2023-30 CAGR:

4.5%

Market Size in 2030:

USD 1.98 Bn.

Segments Covered:

By Type

  • Software
  • Service
  • Others

By Application

  • Oil Industries
  • Refineries
  • Gas Industries
  • Electric Power Industries

By Functionality

  • Trade & Operations
  • Hedging & Risk
  • Inventory Management & Reconciliation
  • Financial Accounting
  • Reporting
  • Integration

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Enables Risk Management Activities

Key Market Restraints:

  • Systems are Built on Old Technologies

Key Opportunities:

  • High Financial Risks and Growth of Major Business Organizations

Companies Covered in the report:

  • Accenture, Generation 10 Ltd., Allegro Development Corporation, Amphora Inc., Brady Technologies, Triple Point Technology Inc., and Other Major Players

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET COMPETITIVE RIVALRY
TABLE 005. ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET THREAT OF NEW ENTRANTS
TABLE 006. ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET THREAT OF SUBSTITUTES
TABLE 007. ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET BY TYPE
TABLE 008. SOFTWARE MARKET OVERVIEW (2016-2028)
TABLE 009. SERVICE MARKET OVERVIEW (2016-2028)
TABLE 010. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 011. ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET BY APPLICATION
TABLE 012. OIL INDUSTRIES MARKET OVERVIEW (2016-2028)
TABLE 013. REFINERIES MARKET OVERVIEW (2016-2028)
TABLE 014. GAS INDUSTRIES MARKET OVERVIEW (2016-2028)
TABLE 015. ELECTRIC POWER INDUSTRIES MARKET OVERVIEW (2016-2028)
TABLE 016. ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET BY FUNCTIONALITY
TABLE 017. TRADE & OPERATIONS MARKET OVERVIEW (2016-2028)
TABLE 018. HEDGING & RISK MARKET OVERVIEW (2016-2028)
TABLE 019. INVENTORY MANAGEMENT & RECONCILIATION MARKET OVERVIEW (2016-2028)
TABLE 020. FINANCIAL ACCOUNTING MARKET OVERVIEW (2016-2028)
TABLE 021. REPORTING MARKET OVERVIEW (2016-2028)
TABLE 022. INTEGRATION MARKET OVERVIEW (2016-2028)
TABLE 023. NORTH AMERICA ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET, BY TYPE (2016-2028)
TABLE 024. NORTH AMERICA ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET, BY APPLICATION (2016-2028)
TABLE 025. NORTH AMERICA ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET, BY FUNCTIONALITY (2016-2028)
TABLE 026. N ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET, BY COUNTRY (2016-2028)
TABLE 027. EUROPE ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET, BY TYPE (2016-2028)
TABLE 028. EUROPE ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET, BY APPLICATION (2016-2028)
TABLE 029. EUROPE ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET, BY FUNCTIONALITY (2016-2028)
TABLE 030. ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET, BY COUNTRY (2016-2028)
TABLE 031. ASIA PACIFIC ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET, BY TYPE (2016-2028)
TABLE 032. ASIA PACIFIC ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET, BY APPLICATION (2016-2028)
TABLE 033. ASIA PACIFIC ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET, BY FUNCTIONALITY (2016-2028)
TABLE 034. ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET, BY COUNTRY (2016-2028)
TABLE 035. MIDDLE EAST & AFRICA ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET, BY TYPE (2016-2028)
TABLE 036. MIDDLE EAST & AFRICA ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET, BY APPLICATION (2016-2028)
TABLE 037. MIDDLE EAST & AFRICA ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET, BY FUNCTIONALITY (2016-2028)
TABLE 038. ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET, BY COUNTRY (2016-2028)
TABLE 039. SOUTH AMERICA ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET, BY TYPE (2016-2028)
TABLE 040. SOUTH AMERICA ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET, BY APPLICATION (2016-2028)
TABLE 041. SOUTH AMERICA ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET, BY FUNCTIONALITY (2016-2028)
TABLE 042. ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET, BY COUNTRY (2016-2028)
TABLE 043. ACCENTURE: SNAPSHOT
TABLE 044. ACCENTURE: BUSINESS PERFORMANCE
TABLE 045. ACCENTURE: PRODUCT PORTFOLIO
TABLE 046. ACCENTURE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. GENERATION 10 LTD.: SNAPSHOT
TABLE 047. GENERATION 10 LTD.: BUSINESS PERFORMANCE
TABLE 048. GENERATION 10 LTD.: PRODUCT PORTFOLIO
TABLE 049. GENERATION 10 LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. ALLEGRO DEVELOPMENT CORPORATION: SNAPSHOT
TABLE 050. ALLEGRO DEVELOPMENT CORPORATION: BUSINESS PERFORMANCE
TABLE 051. ALLEGRO DEVELOPMENT CORPORATION: PRODUCT PORTFOLIO
TABLE 052. ALLEGRO DEVELOPMENT CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. AMPHORA INC.: SNAPSHOT
TABLE 053. AMPHORA INC.: BUSINESS PERFORMANCE
TABLE 054. AMPHORA INC.: PRODUCT PORTFOLIO
TABLE 055. AMPHORA INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. BRADY TECHNOLOGIES: SNAPSHOT
TABLE 056. BRADY TECHNOLOGIES: BUSINESS PERFORMANCE
TABLE 057. BRADY TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 058. BRADY TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. TRIPLE POINT TECHNOLOGY INC.: SNAPSHOT
TABLE 059. TRIPLE POINT TECHNOLOGY INC.: BUSINESS PERFORMANCE
TABLE 060. TRIPLE POINT TECHNOLOGY INC.: PRODUCT PORTFOLIO
TABLE 061. TRIPLE POINT TECHNOLOGY INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. OPENLINK LLC.: SNAPSHOT
TABLE 062. OPENLINK LLC.: BUSINESS PERFORMANCE
TABLE 063. OPENLINK LLC.: PRODUCT PORTFOLIO
TABLE 064. OPENLINK LLC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. COMFIN SOFTWARE: SNAPSHOT
TABLE 065. COMFIN SOFTWARE: BUSINESS PERFORMANCE
TABLE 066. COMFIN SOFTWARE: PRODUCT PORTFOLIO
TABLE 067. COMFIN SOFTWARE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. EKA SOFTWARE SOLUTIONS: SNAPSHOT
TABLE 068. EKA SOFTWARE SOLUTIONS: BUSINESS PERFORMANCE
TABLE 069. EKA SOFTWARE SOLUTIONS: PRODUCT PORTFOLIO
TABLE 070. EKA SOFTWARE SOLUTIONS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. SAP SE: SNAPSHOT
TABLE 071. SAP SE: BUSINESS PERFORMANCE
TABLE 072. SAP SE: PRODUCT PORTFOLIO
TABLE 073. SAP SE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. SAPIENT: SNAPSHOT
TABLE 074. SAPIENT: BUSINESS PERFORMANCE
TABLE 075. SAPIENT: PRODUCT PORTFOLIO
TABLE 076. SAPIENT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. ENUIT LLC: SNAPSHOT
TABLE 077. ENUIT LLC: BUSINESS PERFORMANCE
TABLE 078. ENUIT LLC: PRODUCT PORTFOLIO
TABLE 079. ENUIT LLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. CONTIGO SOFTWARE LTD.: SNAPSHOT
TABLE 080. CONTIGO SOFTWARE LTD.: BUSINESS PERFORMANCE
TABLE 081. CONTIGO SOFTWARE LTD.: PRODUCT PORTFOLIO
TABLE 082. CONTIGO SOFTWARE LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 082. VENTYX: SNAPSHOT
TABLE 083. VENTYX: BUSINESS PERFORMANCE
TABLE 084. VENTYX: PRODUCT PORTFOLIO
TABLE 085. VENTYX: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 085. TRAYPORT: SNAPSHOT
TABLE 086. TRAYPORT: BUSINESS PERFORMANCE
TABLE 087. TRAYPORT: PRODUCT PORTFOLIO
TABLE 088. TRAYPORT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 088. CALVUS: SNAPSHOT
TABLE 089. CALVUS: BUSINESS PERFORMANCE
TABLE 090. CALVUS: PRODUCT PORTFOLIO
TABLE 091. CALVUS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 091. FIS: SNAPSHOT
TABLE 092. FIS: BUSINESS PERFORMANCE
TABLE 093. FIS: PRODUCT PORTFOLIO
TABLE 094. FIS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 094. PREVISE SYSTEMS GMBH: SNAPSHOT
TABLE 095. PREVISE SYSTEMS GMBH: BUSINESS PERFORMANCE
TABLE 096. PREVISE SYSTEMS GMBH: PRODUCT PORTFOLIO
TABLE 097. PREVISE SYSTEMS GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 097. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 098. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 099. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 100. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET OVERVIEW BY TYPE
FIGURE 012. SOFTWARE MARKET OVERVIEW (2016-2028)
FIGURE 013. SERVICE MARKET OVERVIEW (2016-2028)
FIGURE 014. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 015. ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET OVERVIEW BY APPLICATION
FIGURE 016. OIL INDUSTRIES MARKET OVERVIEW (2016-2028)
FIGURE 017. REFINERIES MARKET OVERVIEW (2016-2028)
FIGURE 018. GAS INDUSTRIES MARKET OVERVIEW (2016-2028)
FIGURE 019. ELECTRIC POWER INDUSTRIES MARKET OVERVIEW (2016-2028)
FIGURE 020. ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET OVERVIEW BY FUNCTIONALITY
FIGURE 021. TRADE & OPERATIONS MARKET OVERVIEW (2016-2028)
FIGURE 022. HEDGING & RISK MARKET OVERVIEW (2016-2028)
FIGURE 023. INVENTORY MANAGEMENT & RECONCILIATION MARKET OVERVIEW (2016-2028)
FIGURE 024. FINANCIAL ACCOUNTING MARKET OVERVIEW (2016-2028)
FIGURE 025. REPORTING MARKET OVERVIEW (2016-2028)
FIGURE 026. INTEGRATION MARKET OVERVIEW (2016-2028)
FIGURE 027. NORTH AMERICA ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 028. EUROPE ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. ASIA PACIFIC ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 030. MIDDLE EAST & AFRICA ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 031. SOUTH AMERICA ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be the forecast period in the Energy Trading & Risk Management (ETRM) Market research report?

The forecast period in the Energy Trading & Risk Management (ETRM) Market research report is 2023-2030.

Who are the key players in Energy Trading & Risk Management (ETRM) Market?

Accenture, Generation 10 Ltd., Allegro Development Corporation, Amphora Inc., Brady Technologies, Triple Point Technology Inc., Openlink LLC., ComFin Software, Eka Software Solutions, SAP SE, Sapient, Enuit LLC, Contigo Software Ltd., Ventyx, Trayport, Calvus, FIS, Previse Systems GmbH, and Other Major Players.

What are the segments of Energy Trading & Risk Management (ETRM) Market?

Energy Trading & Risk Management (ETRM) Market is segmented into Type, Application, Functionality and region. By Type, the market is categorized into Software, Service, Others. By Application, the market is categorized into Oil Industries, Refineries, Gas Industries, and Electric Power Industries. By Functionality, the market is categorized into Trade & Operations, Hedging & Risk, Inventory Management & Reconciliation, Financial Accounting, Reporting, and Integration. By region, it is analysed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Energy Trading & Risk Management (ETRM) Market?

Energy trading and risk management (ETRM) systems comprise commercial decision making and market execution using an integrated system that allows data exchanges among trade floor, credit, operations, contract, and accounting functions.

How big is Energy Trading & Risk Management (ETRM) Market?

The Global Energy Trading and Risk Management (ETRM) Market size is expected to grow from USD 1.39 billion in 2022 to USD 1.98 billion by 2030, at a CAGR of 4.5% during the forecast period (2023-2030).