Reports 2013 CTRM Global Market Size | Page 9

8

Market by Segment
In terms of market segments, we anticipate the prospects for growth in any individual segment will be dependent
upon their location and commodity requirements.

Total CTRM Market Value by Industry Segment by Year
$300
$250

$Millions

Banks and financial institutions,
particularly in North America
and Europe, have been
impacted by new regulations
and will show little or no growth
in CTRM demand over the
period; and though hedge
funds have returned to the
markets in limited numbers
after the financial crash of
2008, few are buying vendor
supported systems and we see
little indications that they will
soon be buying in any large
number.

$200
$150
$100
$50
$-

Energy merchants and traders,
2012
2013
2014
2015
2016
2017
2018
despite the lackluster gas and
power markets in North
America, are continuing to make investments in new CTRM technology solutions, including replacement systems
and expansion of existing solutions. Continuing volatility in oil and oil products prices have also brought new traders
into the markets and this market has been fairly robust over the last several years, particularly in the Asia-Pacific
region. Smaller oil trading companies have also been active buyers of CTRM solutions over the last couple of years,
particularly SaaS deployed solutions.
Despite low prices of natural gas in North America, both regional and global scale oil and gas producers have
continued to invest in CTRM solutions, though potentially at a reduced pace as compared to previous years. As
producers have moved their focus from gas to more lucrative liquids (oil and NGLs), these companies have had to
spend to improve their trading and management systems as their market exposures in these commodities has
Advertisement

© 2013 Commodity Technology Advisory LLC

Houston TX and Prague CZ