Dublin, Aug. 23, 2023 (GLOBE NEWSWIRE) -- The "Global Backtesting Software Market by Deployment (On-Cloud, On-Premise), Application (Foreign Exchange, Futures, Shares) - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The Global Backtesting Software Market size was estimated at USD 340.61 million in 2022, USD 371.33 million in 2023, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 9.15% to reach USD 686.55 million by 2030.
The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Backtesting Software Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic.
Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.
Market Segmentation & Coverage:
This research report categorizes the Global Backtesting Software Market in order to forecast the revenues and analyze trends in each of following sub-markets:
- Based on Deployment, the market is studied across On-Cloud and On-Premise. The On-Cloud is projected to witness significant market share during forecast period.
- Based on Application, the market is studied across Foreign Exchange, Futures, and Shares. The Foreign Exchange is projected to witness significant market share during forecast period.
- Based on Region, the market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States.The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
The report provides insights on the following pointers:
- Market Penetration: Provides comprehensive information on the market offered by the key players
- Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
- Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
- Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation
- Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
- Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
- What is the market size and forecast of the Global Backtesting Software Market?
- What are the inhibiting factors and impact of COVID-19 shaping the Global Backtesting Software Market during the forecast period?
- Which are the products/segments/applications/areas to invest in over the forecast period in the Global Backtesting Software Market?
- What is the competitive strategic window for opportunities in the Global Backtesting Software Market?
- What are the technology trends and regulatory frameworks in the Global Backtesting Software Market?
- What is the market share of the leading vendors in the Global Backtesting Software Market?
- What modes and strategic moves are considered suitable for entering the Global Backtesting Software Market?
Market Dynamics
Drivers
- Increasing use of back testing by international traders and investment companies
- Rising focus on improving a trading system
- Growth in number of financial and trading companies
Restraints
- Non-availability of detailed historical data
Opportunities
- Increasing customer-specific customization for strategy testing
- Technology advancements in software and use of algorithmic backtesting
Challenges
- Issues related to data-mining and process pitfalls
Companies Mentioned
- AlgoTrader AG
- AmiBroker.com
- Axioma, Inc. by Deutsche Boerse
- Build Alpha
- DELTIX, Inc. by EPAM Systems, Inc.
- Kuantas Wealth Private Limited
- MULTICHARTS, LLC
- NinjaTrader Group, LLC
- StockMock
- StoneX Group Inc.
- TradeStation Group, Inc.
- TradingView Inc.
For more information about this report visit https://www.researchandmarkets.com/r/ghd824
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
