The Latin America, Middle East and Africa Next Generation OSS And BSS Market is expected to witness market growth of 14.7% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Next Generation OSS And BSS Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $2.76 billion by 2031. The Argentina market is registering a CAGR of 15.4% during 2024-2031. Additionally, the UAE market is expected to showcase a CAGR of 13.7% during 2024-2031.
The adoption of cloud computing is transforming next-generation OSS/BSS systems by offering unmatched scalability, flexibility, and cost efficiency, making them ideal for managing the complexities of modern networks and services. Cloud-native architectures enable service providers to dynamically scale resources to meet fluctuating demands, such as those posed by 5G and IoT.
Moreover, verizon leverages cloud-native OSS/BSS platforms to efficiently manage its 5G network's vast data requirements, ensuring reliable performance during peak usage. Similarly, Orange uses hybrid cloud solutions to integrate its OSS/BSS platforms with customer relationship management (CRM) systems, improving decision-making and delivering a seamless customer experience.
The LAMEA region is witnessing increasing demand for next-generation OSS and BSS solutions due to rapid technological advancements, the rollout of 5G networks, and the growing adoption of IoT. While nations in this region face diverse economic and infrastructure challenges, they also embrace digital transformation, supported by government programs, private investments, and international collaborations. Initiatives like the African Union's Digital Transformation Strategy, Vision 2030 in Saudi Arabia, and Latin American telecom reforms foster innovation and create opportunities for scalable, cloud-native OSS/BSS platforms across the region.
The Brazil market dominated the LAMEA Next Generation OSS And BSS Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $2.76 billion by 2031. The Argentina market is registering a CAGR of 15.4% during 2024-2031. Additionally, the UAE market is expected to showcase a CAGR of 13.7% during 2024-2031.
The adoption of cloud computing is transforming next-generation OSS/BSS systems by offering unmatched scalability, flexibility, and cost efficiency, making them ideal for managing the complexities of modern networks and services. Cloud-native architectures enable service providers to dynamically scale resources to meet fluctuating demands, such as those posed by 5G and IoT.
Moreover, verizon leverages cloud-native OSS/BSS platforms to efficiently manage its 5G network's vast data requirements, ensuring reliable performance during peak usage. Similarly, Orange uses hybrid cloud solutions to integrate its OSS/BSS platforms with customer relationship management (CRM) systems, improving decision-making and delivering a seamless customer experience.
The LAMEA region is witnessing increasing demand for next-generation OSS and BSS solutions due to rapid technological advancements, the rollout of 5G networks, and the growing adoption of IoT. While nations in this region face diverse economic and infrastructure challenges, they also embrace digital transformation, supported by government programs, private investments, and international collaborations. Initiatives like the African Union's Digital Transformation Strategy, Vision 2030 in Saudi Arabia, and Latin American telecom reforms foster innovation and create opportunities for scalable, cloud-native OSS/BSS platforms across the region.
List of Key Companies Profiled
- Microsoft Corporation
- Oracle Corporation
- SAS Institute Inc.
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Google LLC
- Hewlett Packard Enterprise Company
- IBM Corporation
- SAP SE
- Ericsson AB
- TIBCO Software, Inc. (Vista Equity Partners Management, LLC)
Market Report Segmentation
By Network- Mobile
- Fixed & Wireless
- Cable & Satellite
- Mobile Virtual Network Enabler (MVNE)
- Other Network
- Revenue Management
- Service Fulfillment
- Customer Management
- Service Assurance
- Account Management
- Network Management Systems (NMS) & Others
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. LAMEA Next Generation OSS And BSS Market by Network
Chapter 6. LAMEA Next Generation OSS And BSS Market by Architecture
Chapter 7. LAMEA Next Generation OSS And BSS Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Microsoft Corporation
- Oracle Corporation
- SAS Institute Inc.
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Google LLC
- Hewlett Packard Enterprise Company
- IBM Corporation
- SAP SE
- Ericsson AB
- TIBCO Software, Inc. (Vista Equity Partners Management, LLC)
Methodology
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