North American EAM market is estimated to grow significantly at a CAGR of around 11.4% during the forecast period. The market in North America is primarily driven by the presence of a well-established It industry. The presence of major players including Microsoft Corp. IBM Corp. , Oracle Corp. in the region is one of the major factors contributing to the regional growth of the market. Additionally, the surging demand for EAM solutions by various industry verticals such as BFSI, energy & power, government and utilities, and IT & telecom, which are growing significantly in the region, is further driving the market growth. However, growing concerns over data security and confidentiality among organizations are expected to hamper the market growth.