Reports ComTech Forecasts 2015 Global CTRM Market at $1.68 | Page 5

2015–2020 CTRM Market Outlook

5

MARKET BY GEOGRAPHY
Geographically, North America continues to be the
largest market region for CTRM software solutions,
with a mature commodity trading market, particularly
in power, natural gas, oil, coal, agricultural commodities and metals. While there continues to be a number of companies that maintain non-vendor systems,
a large majority of the market for CTRM technology
in North America is serviced by vendor-supplied and
supported solutions.

Europe also has a mature market in commodity trading,
though less so than North America in terms of natural gas and

ternally developed CTRM systems are more common in the
region. Elsewhere in Europe, established global commodity
trading centers, particularly in the UK, Switzerland, and the
Netherlands have a long history in trading agricultural products, softs, and oil; and penetration by commercially supported
CTRM systems is relatively high.

The Asia-Pacific region, driven by high demand for commodities to meet rapidly expanding economies, has become
an increasingly active market for CTRM vendors, particularly
those for managing oil and oil products, agriculturals, softs and
industrial metals and ores. Within the last several years, CTRM

Figure 2 | Total Market by Commodity by Geography 2014
North America
$ Millions

South America
$ Millions

Europe
$ Millions

Middle East & Africa
$ Millions

Asia/Pacific
$ Millions

Total by Commodity
$ Millions

Natural Gas

179

2

155

1

31

369

Power

181

3

175

3

37

399

86

20

84

12

42

245

100

1

3

2

1

107

9

1

10

-

4

24

12

2

16

4

6

40

Oil and Products
NGLs
Coal
Precious Metals
Other Metals and Ores

34

10

26

9

37

117

Ags/Softs

85

20

84

24

76

288

8

-

14

3

4

30

695

59

568

58

239

1,618

Other (Freight, Emissions,
Etc.
Total

power. Western Europe, particularly the UK, Scandinavia and
Germany have established liquid markets for gas and power
trading and are relatively penetrated by commercial CTRM
solutions. Central and Eastern Europe continue to be rapidly
emerging energy trading markets, though often without full
and consistent liberalization across the continent, the markets in individual countries are relatively isolated in terms of
trading activities and business practices. Given the relatively
small