The Latin America, Middle East and Africa Cloud OSS BSS Market is expected to witness market growth of 16.1% CAGR during the forecast period (2022-2028).
The usage of cloud BSS is remarkable, but there is no one-size-fits-all solution; the journey is attributed to the distinct mixture of elements and connecting tissue in place right now. Many legacy business support technologies built for deployment in CSPs' operating settings are still in use by most operators. Customizations can be found all over the place. It's not possible to implement a whole new stack while keeping the legacy one running. To reap the benefits of the cloud while preserving present revenues, a gradual, step-by-step re-design of BSS components to cloud architecture is required.
The scalable architecture of cloud BSS enables CSPs to efficiently handle high rating times, and switching away from costly third-party databases can save them up to 75% in expenditures. BSS offers 'BSS as a service' by moving it to cloud hyperscaler infrastructure, allowing CSPs to concentrate on making, announcing new services, and enhancing the client experience. By moving BSS to the cloud, able to get rid of old and difficult-to-manage systems. Customers' preferences are taken into account while selecting a digital BSS software solution, and CSPs are closely involved. BSS is the major investment monetization engine.
The Telecommunications and Digital Government Regulatory Authority (TDRA) is exhibiting an interactive presentation titled "TDRA everywhere" at GITEX 2021, which demonstrates the UAE's telecommunications sector's high readiness in the event of a cable failure that is expected to cause Internet service or communications to be interrupted. The presentation demonstrates that the UAE's telecom infrastructure is connected to the rest of the world via 13 submarine cables, allowing for the dispersion of utilization loads among them in the event of a cable failure, as well as the accessibility of satellite telecommunication services and land cables as alternatives to submarine cables.
The Brazil market dominated the LAMEA Cloud OSS BSS Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $854.7 million by 2028. The Argentina market is poised to grow at a CAGR of 16.7% during (2022 - 2028). Additionally, The UAE market is expected to witness a CAGR of 15.8% during (2022 - 2028).
Based on Component, the market is segmented into Solution (Business Support System (BSS) and Operation Support System (OSS)) and Services. Based on BSS Type, the market is segmented into Billing & Revenue Management, Product Management, Customer Management, and Others. Based on OSS Type, the market is segmented into Network Management & Orchestration, Resource Management, and Analytics & Assurance, Service Design & Fulfillment. Based on Cloud Type, the market is segmented into Public, Private, and Hybrid. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on Operator Type, the market is segmented into Fixed and Mobile. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Oracle Corporation, Nokia Corporation, Ericsson AB, NetCracker Technology Corporation (NEC Corporation), Optiva, Inc., ZTE Corporation, Hewlett-Packard Enterprise Company, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), and Amdocs Limited.
The usage of cloud BSS is remarkable, but there is no one-size-fits-all solution; the journey is attributed to the distinct mixture of elements and connecting tissue in place right now. Many legacy business support technologies built for deployment in CSPs' operating settings are still in use by most operators. Customizations can be found all over the place. It's not possible to implement a whole new stack while keeping the legacy one running. To reap the benefits of the cloud while preserving present revenues, a gradual, step-by-step re-design of BSS components to cloud architecture is required.
The scalable architecture of cloud BSS enables CSPs to efficiently handle high rating times, and switching away from costly third-party databases can save them up to 75% in expenditures. BSS offers 'BSS as a service' by moving it to cloud hyperscaler infrastructure, allowing CSPs to concentrate on making, announcing new services, and enhancing the client experience. By moving BSS to the cloud, able to get rid of old and difficult-to-manage systems. Customers' preferences are taken into account while selecting a digital BSS software solution, and CSPs are closely involved. BSS is the major investment monetization engine.
The Telecommunications and Digital Government Regulatory Authority (TDRA) is exhibiting an interactive presentation titled "TDRA everywhere" at GITEX 2021, which demonstrates the UAE's telecommunications sector's high readiness in the event of a cable failure that is expected to cause Internet service or communications to be interrupted. The presentation demonstrates that the UAE's telecom infrastructure is connected to the rest of the world via 13 submarine cables, allowing for the dispersion of utilization loads among them in the event of a cable failure, as well as the accessibility of satellite telecommunication services and land cables as alternatives to submarine cables.
The Brazil market dominated the LAMEA Cloud OSS BSS Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $854.7 million by 2028. The Argentina market is poised to grow at a CAGR of 16.7% during (2022 - 2028). Additionally, The UAE market is expected to witness a CAGR of 15.8% during (2022 - 2028).
Based on Component, the market is segmented into Solution (Business Support System (BSS) and Operation Support System (OSS)) and Services. Based on BSS Type, the market is segmented into Billing & Revenue Management, Product Management, Customer Management, and Others. Based on OSS Type, the market is segmented into Network Management & Orchestration, Resource Management, and Analytics & Assurance, Service Design & Fulfillment. Based on Cloud Type, the market is segmented into Public, Private, and Hybrid. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on Operator Type, the market is segmented into Fixed and Mobile. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Oracle Corporation, Nokia Corporation, Ericsson AB, NetCracker Technology Corporation (NEC Corporation), Optiva, Inc., ZTE Corporation, Hewlett-Packard Enterprise Company, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), and Amdocs Limited.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Solution
- Business Support System (BSS)
- Billing & Revenue Management
- Product Management
- Customer Management
- Others
- Operation Support System (OSS)
- Network Management & Orchestration
- Resource Management
- Analytics & Assurance
- Service Design & Fulfillment
- Services
- Business Support System (BSS)
By Cloud Type
- Public
- Private
- Hybrid
By Organization Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
By Operator Type
- Fixed
- Mobile
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Oracle Corporation
- Nokia Corporation
- Ericsson AB
- NetCracker Technology Corporation(NEC Corporation)
- Optiva, Inc.
- ZTE Corporation
- Hewlett-Packard Enterprise Company
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Amdocs Limited
Unique Offerings from KBV Research
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. LAMEA Cloud OSS BSS Market by Component
Chapter 5. LAMEA Cloud OSS BSS Market by Cloud Type
Chapter 6. LAMEA Cloud OSS BSS Market by Organization Size
Chapter 7. LAMEA Cloud OSS BSS Market by Operator Type
Chapter 8. LAMEA Cloud OSS BSS Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Oracle Corporation
- Nokia Corporation
- Ericsson AB
- NetCracker Technology Corporation(NEC Corporation)
- Optiva, Inc.
- ZTE Corporation
- Hewlett-Packard Enterprise Company
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Amdocs Limited
Methodology
LOADING...