Global Energy Trading And Risk Management Market 2023-2027
The energy trading and risk management market is forecasted to grow by USD 399 mn during 2022-2027, accelerating at a CAGR of 4.6% during the forecast period. The report on the energy trading and risk management market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for smart grids globally, increasing focus on renewable energy, and improved operational efficiency.
Technavio's energy trading and risk management market is segmented as below:
By Application
- Power
- Natural gas
- Oil and products
- Others
By Type
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the adoption of cloud-based energy trading and risk management software as one of the prime reasons driving the energy trading and risk management market growth during the next few years. Also, rising demand for ai and cognitive solutions and increasing M and A among vendors will lead to sizable demand in the market.
The report on the energy trading and risk management market covers the following areas:
- Energy trading and risk management market sizing
- Energy trading and risk management market forecast
- Energy trading and risk management market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading energy trading and risk management market vendors that include ABB Ltd., Accenture Plc, Amphora Inc., Brady Technologies, CommodityPro, EKA Software Solutions, Enuit LLC, Enverus Inc., Fendahl International, Fidelity National Information Services Inc., IGNITE CTRM LLC, ION Group, nGenue LLC, Open Access Technology International Inc., Publicis Sapient, SAP SE, The MathWorks Inc., and TMX Group Ltd.. Also, the energy trading and risk management market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.