Report overview
Energy trading and risk management (ETRM) is a commercial decision making and market execution tool in an integrated system that enables data exchange among traders and retailers, generators, and operations, contract, and accounting functions. The ETRM system covers complex trading requirements of a liberalized energy market and helps market participants to trade in the full range of contracts across the globe. The ETRM system also entails comprehensive risk management strategies and policies, event and trade identification, and scheduling and settlement execution. It provides consulting services for market monitoring, price transparency, and regulatory compliance. ETRM systems can be implemented to manage the entire value chain of the energy business. These systems are installed to understand the real risks involved in the value chain and provide the best options to overcome these risks. Major global firms engaged in the energy business adopt ETRM solutions widely to maximize profitability and manage the risks in the best possible manner. Oil and gas, coal, power, and biofuel industries are the prominent energy sectors that require energy trading and risk management services.
This report aims to provide a comprehensive presentation of the global market for Energy Trading and Risk Management Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Energy Trading and Risk Management Software. This report contains market size and forecasts of Energy Trading and Risk Management Software in global, including the following market information:
Global Energy Trading and Risk Management Software Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Energy Trading and Risk Management Software market was valued at US$ 1477.6 million in 2022 and is projected to reach US$ 1946.9 million by 2029, at a CAGR of 4.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Energy Trading and Risk Management (ETRM) key players include OpenLink, FIS, Publicis.Sapient, Accenture, Trayport, etc. Global top five players hold a share about 60%.
North America is the largest market, with a share about 45%, followed by Europe and Asia-Pacific, having a total share about 50 percent.
In terms of product, Vendor License and Service is the largest segment, with a share about 80%. And in terms of application, the largest application is Oil and Products, followed by Power, Natural Gas, etc.
We surveyed the Energy Trading and Risk Management Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Energy Trading and Risk Management Software Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Energy Trading and Risk Management Software Market Segment Percentages, by Type, 2022 (%)
Cloud Based
Web Based
Global Energy Trading and Risk Management Software Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Energy Trading and Risk Management Software Market Segment Percentages, by Application, 2022 (%)
Natural Gas
Oil and Products
Other
Global Energy Trading and Risk Management Software Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Energy Trading and Risk Management Software Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Energy Trading and Risk Management Software revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Energy Trading and Risk Management Software revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
OpenLink
FIS
Sapient
Accenture
Trayport
Allegro
ABB
Triple Point
SAP
Amphora
Eka Software
Outline of Major Chapters:
Chapter 1: Introduces the definition of Energy Trading and Risk Management Software, market overview.
Chapter 2: Global Energy Trading and Risk Management Software market size in revenue.
Chapter 3: Detailed analysis of Energy Trading and Risk Management Software company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Energy Trading and Risk Management Software in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.