Global Energy Trading and Risk Management (ETRM) Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The global energy trading and risk management market is anticipated to grow at a CAGR of 4.5% during the forecast period (2022-2028). Energy trading, transaction, and risk management (ETRM) software consist of applications, architecture, and tools used in energy commodity trading business processes. With the support of an integrated system, the ETRM system enables information exchanges within the credit, operations, contract, trade floor, and accounting functions. Event and trade data, risk strategies, risk policies, task scheduling, and settlement execution are all processes that are integrated into it. Monitoring, transparency, access control, and compliance issues are further supported by the system.

ETRM systems are being used by the energy industry to support meet a range of needs, including regulatory compliance, risk reduction, and trading activity speed. The demand for ETRM products is rising in tandem with the demand for large sell-side firms’ trading and collateral management platforms, as well as enterprise resource planning (ERP) services to support process-oriented firms. Furthermore, ETRM solutions can support to avoid the pitfalls of energy trading. Energy trading carries a high level of risk, and profit margins are subject to market fluctuations. Complex supply chains, volatile energy prices, and changing regulatory requirements are some major challenges that is faced by energy companies. In this scenario, ETRM solution providers can use proven volatility to their advantage and create custom solutions tailored to a company’s specific business needs. Other benefits of ETRM include its ability to efficiently record trading and equity data, as opposed to manual recording, which is prone to errors. However, one of the major factors impeding the market growth is a lack of technical expertise. The rising financial risks and the expansion of major corporations is expected to offer an opportunity for the market growth.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- OpenLink LLC, Infosys Ltd., and Allegro Development Corp., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Energy Trading and Risk Management (ETRM) Market Report by Segment

By Type

• Vendor License and Service
• SaaS/Hosted Service

By Application

• Power
• Natural Gas
• Oil and Products
• Others