ComTech releases the 2016 CTRM Market Update

New report provides an interim review of market trends and market size ComTech has just released our 2016 CTRM Market Update report, which is an interim update to our biannual in-depth review of the CTRM software market space last published in April of 2015. This new update is based upon an analysis of reported vendor results for 2015 and confidential conversations with several of the larger CTRM vendors regarding financial performance, unannounced deal closings and deal flow.  Additionally, our analysis has factored in trends in the job market related to CTRM software and services, and a number of other sources of indicative data. As noted in the new report, the largest influence on the market in 2015 was the near constant fall in commodity prices throughout the year, driven in large part by declining economic growth in the Asia-Pac region and over-investment in commodities infrastructure during the previous 5 years of high prices and growing demand. Faced with steadily declining prices and falling revenues, producers, merchants and traders cut budgets and reduced or delaying spending across all categories of OPEX – reducing the global spend for IT solutions, including CTRM software products. Given these conditions, we estimate the total value

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