The LAMEA EAM market is estimated to grow significantly during the forecast period. Energy & utility and IT sectors in Latin American economies are primarily driving the EAM market. Whereas, in the MEA region, the energy & utility sector is surging the EAM market growth. The surge in the electricity generating capacity of the economies adds assets to the electricity generating company including solar farms, windmills, and many others. This will lead to an increase in the adoption of EAM solutions to manage and monitor their assets to improve the efficiency of the company. Apart from these verticals, various other verticals such as BFSI, retail, healthcare, and government are creating demand for EAM and hence driving the market growth. Furthermore, the increasing penetration of cloud-based services across major economies of the region is creating considerable growth opportunities for the EAM market. 

 LAMEA EAM market is segmented on the basis of deployment and vertical. Based on deployment, the market is bifurcated into on-premise and cloud-based EAM solutions. Among these, on-premise EAM solutions held the highest market share in 2019. Energy and utilities, government and defense, manufacturing, transportation, and logistics industry mostly prefer on-premise EAM solutions as this solution is more customizable as compared to cloud-based EAM, thus, it fulfills the requirements of all end-users. Further, on-premise EAM solutions may also be less vulnerable to global cyber threats as on-premise EAM set-up is support by experienced IT professionals, hence, the data security can be handled internally. Based on vertical, the market is segmented into BFSI, retail, energy & utility, healthcare, government, IT & telecom, and others such as manufacturing, transportation, metal & mining, machinery, and construction.

Some of the global companies operating in the LAMEA EAM market include IBM Corp., Oracle Corp., Microsoft Corp., Infor, SAP SE, and others. The market players are considerably contributing to market growth by adopting various strategies to stay competitive in the market. 

Research Methodology

The market study of the LAMEA EAM market is incorporated by extensive primary and secondary research conducted by the research team.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market. Wh
• itepapers, research-papers, and news blogs.
• Company websites and their product catalog.

Software companies (providing EAM solutions), startups, new entrants into the industry, and government organizations are some of the proposed audience for the global EAM market report. The report provides an in-depth analysis on market size, products offered by the companies, market determinants, and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation

1. LAMEA EAM Market Research and Analysis by Deployment
2. LAMEA EAM Market Research and Analysis by Verticals

The Report Covers

• Comprehensive research methodology of the LAMEA EAM market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the LAMEA EAM market.
• Insights about market determinants which are stimulating the LAMEA EAM market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.