openPR Logo
Press release

OSS/BSS Market in OSS Solutions Segment is Projected to Account Highest Industry Share By 2024

11-19-2019 03:07 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Research

OSS/BSS Market

OSS/BSS Market

The OSS solutions segment holds a majority share accounting for nearly 50% of the OSS/BSS market in 2017 and is expected to hold a dominant share throughout the forecast timeline. The growing need among telecom service providers to outsource the operation support services is the primary factor driving the market. In this segment, the inventory management segment is estimated to hold a major share of over 40% by 2024 due to the increased demand for the automated inventory management solutions among telecom service providers.

As per the deployment model, the on-premise segment is expected to dominate the overall OSS/BSS market with a share of over 63% in 2024. The growth of the market is attributed to the robust functionality and superior data security provided by the deployment model. Since the software used is licensed and the entire instance of software remains within an organization?s premises, there is more control in terms of security. The on-premise system also offers organizations with the more control over the implementation process. As a result, organizations can customize their systems as per their requirements.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/2921

Over the last few years, the revenue graph of OSS/BSS market has been depicting an exponential growth, on account of the surging digitization across the telecommunication, BFSI, and IT industries which have been deploying new communication technologies to accelerate the organizational workflow. The lure for inexpensive, safe, and time-saving operations has been encouraging companies to implement OSS and BSS solutions at the workspace.

In line with the implementation of 5G networks across the telecom sector, players in the OSS/BSS market have been observing lucrative business opportunities. In fact, some telecom industries have been looking forward to strengthening their networking portfolio by automating working processes with regards to the use of 5G networks. For instance, recently, the Swedish multinational and telecommunication company, Ericsson acquired CENX to enhance its Operations Support Systems facilities. The acquisition will improve Ericsson’s service assurance and closed-loop automation capabilities which will help it to leverage network visualization and automate the telecom network to serve enterprise customers effectively.

Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/2921

Large enterprises dominated the OSS/BSS market with a share of more than 70% in 2017. The growth of the segment is credited to the need among various enterprises to effectively manage their widespread network components and the need to increase the operational performance.

Some Point from Table of Contents:

Chapter 4. Competitive Landscape, 2017
4.1. Introduction
4.2. Competitive analysis of key market players
4.2.1. Accenture
4.2.2. Amdocs
4.2.3. Huawei
4.2.4. Nokia
4.2.5. Oracle
Chapter 5. OSS/BSS Market, By solution
5.1. Key trends, by solution
5.2. OSS
5.2.1. OSS market estimates and forecast, by region, 2013-2024
5.2.2. Service assurance
5.2.2.1. Service assurance market estimates and forecast, by region, 2013-2024
5.2.3. Network management
5.2.3.1. Network management market estimates and forecast, by region, 2013-2024
5.2.4. Inventory management
5.2.4.1. Inventory management market estimates and forecast, by region, 2013-2024
5.3. BSS
5.3.1. BSS market estimates and forecast, by region, 2013-2024
5.3.2. Billing and revenue management
5.3.2.1. Billing and revenue management market estimates and forecast, by region, 2013-2024
5.3.3. Service fulfillment
5.3.3.1. Service fulfillment market estimates and forecast, by region, 2013-2024
5.3.4. Customer and product management
5.3.4.1. Customer and product management market estimates and forecast, by region, 2013-2024

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/oss-bss-market

Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release OSS/BSS Market in OSS Solutions Segment is Projected to Account Highest Industry Share By 2024 here

News-ID: 1869521 • Views:

More Releases from Global Market Research

What's Driving the Aircraft Communication System Market Share? General Dynamics, Harris Corporation, Honeywell, L3 Technologies, Lockheed Martin, Raytheon, Collins Aerospace
What's Driving the Aircraft Communication System Market Share? General Dynamics, …
A rather crucial component of the air traffic management, SATCOM has emerged as the most popular product of the aircraft communication system market in the recent past. As the global air traffic is expected to increase at an unprecedented pace every year, prominent airlines across the world would undoubtedly be upgrading their SATCOM systems to enhance passenger experience and upgrade, operational efficiency. Furthermore, SATCOM is being deployed extensively in military
What's Driving the Aerospace Landing Gear Market Trends? Delta TechOps , Eaton Corporation, GKN Aerospace, Magellan Aerospace Limited, Safran , Triumph Group, UTC Aerospace Systems
What's Driving the Aerospace Landing Gear Market Trends? Delta TechOps , Eaton C …
The North America aerospace landing gear market is slated to amass hefty proceeds from the regional aircraft segment as many Asian and African nations will look to expand their domestic fleet size and service capabilities. To elaborate, a 2017 report forecast that over the next 15 years, approx. 5,728 regional aircrafts valued at USD 212.9 billion could be manufactured, including jets and turboprops. Consequently, the aerospace landing gear industry will
What's Driving the Automotive Electronics Market Trends? Top Players are Altera, Atmel Corporation, Autoliv, Continental, Delphi Technologies, Denso, Faurecia, Hyundai MOBIS, Lear Corporation
What's Driving the Automotive Electronics Market Trends? Top Players are Altera, …
The deployment of such systems to maintain passenger and vehicle safety is thus slated to impel automotive electronics market share. Over the coming years, the use of real-time operating systems and the development of next-generation visualization tools for automotive in-vehicle systems is likely to increase at an exponential rate. The surging awareness among people about the benefits of autonomous vehicles will thus help augment the utilization of electronic content in
What's Driving the Vehicle Tracking Device Market Growth? Top Players are ATrack Technology Inc., Xirgo Technologies, LLC, Teltonika, Starcom Systems, ORBCOMM, Laird PLC, Maestro Wireless Solutions Limited, Meitrack Group
What's Driving the Vehicle Tracking Device Market Growth? Top Players are ATrack …
The vehicle tracking device market is estimated to exceed USD 3 billion by 2025. The global vehicle tracking device industry has witnessed an unprecedented growth rate owing to enhanced fleet management techniques which are reducing operation cost of managing large fleet operations. These tracking systems enable monitoring of fuel consumption, engine parameters, and driver's behavior along with ensuring safety, thus making them an essential component in fleet management techniques. Wireless tracking

All 5 Releases


More Releases for OSS

OSS/BSS Market Industry Analysis - OSS/BSS Market Size Driven by Recent Developm …
The most recent study offered by Acumen Research and Consulting focuses OSS/BSS Market size, share, growth rate, and market trends, as well as the parameters and factors influencing it in both the long term and short term. The report investigates the OSS/BSS Market trends in order to assess its current and future potential. Our OSS/BSS Market analysis also provides market participants and new entrants with a comprehensive view of the
OSS BSS System and Platform Market - Service Assurance Solutions to Retain Domin …
The global operation support system (OSS) and business support system (BSS) system and platform market is poised to witness lucrative growth opportunity in the forthcoming years, according to Transparency Market Research (TMR). The report states that the top five market players hold approximately 40% of the overall market share in 2015, indicating towards a highly fragmented landscape. The prominent vendors in the global OSS BSS system and platform market are
OSS BSS software Market: Highlighting New Strategic Objectives, Increased Adopti …
Operations support systems (OSS) refers to specialized software through which a telecom network supports different components within the system such as network operations, service management, and provisioning services. Business support systems (BSS) refers to software that handles tasks such as customer support processes, billing services, order management, and fraud management. Research analysts forecast the global OSS BSS software market to grow at a CAGR of 14.59% during the period 2017-2021. Covered in
OSS BSS System and Platform Market: Increasing Adoption of Convergent Billing Sy …
The global OSS BSS system and platform market is poised for strong growth in the coming years, driven mainly by the expansive telecommunication sector. The rising adoption of convergent billing systems and the growing demand for customer care services are also anticipated to significantly contribute to the OSS BSS system and platform market. The opportunity presented by this market was pegged at US$29.11 bn in 2015 and is slated to
OSS/BSS Market - Rising Demand for Converged Billing to Aid Implementation of OS …
According to Transparency Market Research, the global OSS/BSS market is dominated by Ericsson, Accenture, and Amdocs, who collectively accounted for 27.9% of the market in 2012. Beyond these three, however, the next seven companies collectively accounted for around 22% of the market, and the degree of fragmentation is even higher beyond the top ten key players. Overall, the global OSS/BSS market is moderately fragmented and includes several small-scale producers. Industry
Kabel Deutschland Upgrades its OSS Capabilities with Comarch OSS Solutions
Comarch helps Kabel Deutschland build a consolidated OSS landscape embedded into a next practice approach to network plan, build and run to support its growing network infrastructure and a developing service portfolio. Krakow – February 14th, 2013 - Comarch, a global software house and system integrator, has just signed an agreement with Kabel Deutschland, Germany’s largest cable operator, for the optimization of network and service management processes. Cable operators currently have