Global CTRM Markets Show Continued Strength
Commodity Technology Advisory Issues 2023 CTRM Market Sizing, Outlook, and Trends Report
Houston, TX, USA and Brno, Czech Republic, April 12, 2023. Commodity Technology Advisory LLC (ComTech Advisory), the leading analyst firm covering energy and commodity trading and risk management (E/CTRM) and related technologies, has released the 2023 CTRM Market Sizing, Trends and Outlook report. It is now available for purchase at the CTRMCenter website. ComTech Advisory performs detailed analysis and issues the CTRM market sizing guidance biennially with an update in the interim years. It is the definitive market size and outlook available in the industry. This latest report indicates the market for CTRM products has continued to show strength as the global commodity market participants continue their recovery from the height of the COVID pandemic and address new market challenges.
According to Patrick Reames, Managing Partner of Commodity Technology Advisory, “Though 2021 was, as expected, a year of aggressive recovery from the shutdowns in 2020, 2022 also showed strong growth as commodity companies sought solutions to address changing global supply and demand patterns in light of supply chain congestion and the impacts of the war in Ukraine.”
“Geopolitical events are a growing and now a major risk in commodities,” said Dr. Gary. Vasey, Managing Partner. “This is spurring increased demand for better risk solutions and indeed, CTRM software as well. The last few months have seen robust demand in most regions, and this is expected to continue although longer-term, inflationary and other forces could have an impact on demand and growth”
The 2023 CTRM Market Sizing, Trends and Outlook report, with revenue and growth projections by commodity group, industry segment, and global geography through 2027 is now available for purchase from the htpps://www.ctrmcenter.com and htpps://www.ComTechAdvisory.com websites.
About Commodity Technology Advisory
Commodity Technology Advisory (ComTech Advisory) is the leading analyst organization covering the Energy and Commodity Trading and Risk Management (E/CTRM) technology markets. Led by Patrick Reames and Dr. Gary M. Vasey, ComTech Advisory provides invaluable insights, backed by primary research and decades of experience, into the issues and trends affecting both the users and providers of the applications and services that are crucial for success in markets constantly roiled by globalization, regulation and innovation. For more information, visit http://www.comtechadvisory.com
