Press release
OSS/BSS Market - Rising Demand for Converged Billing to Aid Implementation of OSS/BSS
Industry Research & Development: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1402
Growth of Telecommunications Industry, Smartphones Market Beneficial for OSS/BSS Market
The prime driver for the global OSS/BSS industry is the increasing demand for convergent billing/charging. Thanks to the diversification of the global telecommunications industry, communication service providers have begun to offer voice, data, multimedia, mobile commerce, and several other types of telecommunications services. The convenience of getting all the services from the same provider has driven the demand for convergent billing, as it is easier to monitor for both the consumer and the service provider.
Operations and business support systems allow telecom providers to come up with algorithms to try to cater to the needs of each consumer, based on their purchasing patterns. OSS/BSS also help providers prepare accurate statistics about their own revenue earnings, and provide improved customer care due to the easy availability of the integrated transaction data.
Report: http://www.transparencymarketresearch.com/ossbss-market.html
The diversification of the telecom industry and the consequent need for convergent billing arise from the rapid growth of the telecommunications industry in recent years. Increasing disposable incomes, easy availability of a plethora of telecom devices due to the proliferation of online as well as brick-and-mortar distribution outlets, and the innovation of low-cost and feature-packed smartphones have given the telecom industry a tremendous boost over the last decade. The Asia Pacific telecom industry, in particular, is showing no signs of slowing down, with the rampant urbanization in countries such as China and India illustrating the magnitude of the opportunity for OSS/BSS industry players in the coming years.
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
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 - Rising Demand for Converged Billing to Aid Implementation of OSS/BSS here
News-ID: 364990 • Views: …
More Releases from TMR - Market Report
LiDAR Market to Surpass US$605 Mn by 2020 Fueled by Increased Demand from Coasta …
The global LiDAR market is primarily driven by the host of comparative advantages over conventional mapping technologies, growing demand for 3D imagery in commercial, consumer, and government applications, and the development of unmanned aerial vehicles. However, gaps in software development and lack of standardization of data formats threaten to impede the LiDAR market.The research report reviews the LiDAR market by segmenting it based on three parameters: product type, geography, and…
Electric Wheelchair Market to Surpass US$4.40 bn by 2020, Need for Tech-enabled …
The need for mobility products and services is rising faster than ever before as a sizeable portion of the world’s population ages. Many of the older consumers in developed countries, who were born during the baby boom, have considerable earnings at their disposal and are at ease using technologically advanced products to simplify their everyday chores. Electric wheelchairs, being one such product, are witnessing a spike in demand in countries…
Machine Vision Technology Market to Hit US$28.5 bn by 2021 Due To Growing Manufa …
Manufacturing is rapidly moving towards process automation, thereby propelling the global machine vision technology market as an integral part of automation. As the level of automation increases, the accuracy and complexity of measurements also increases in accordance to it. Thus, the global machine vision technology market is experiencing heightened demand for extremely accurate instruments.PC-based machine vision technology dominated the global machine vision technology market in terms of product type. This…
Internet of Nano Things (IoNT) Market Driven by Rising Interconnection of Nanose …
Nanoscale devices and systems characterized with their size of 100 nanometer and below are predominantly used to study phenomena such as near field behavior in electromagnetics and optics, single-electron effects and quantum confinement in electronics and other effects in biological, fluidic and mechanical systems. Internet of nano things (IoNT) is the interconnectivity of such nanoscale devices over the internet and other communication networks.
Download PDF Brochure for Market Insights http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3860
The Internet…
More Releases for OSS/BSS
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…
Cloud OSS/BSS Market Size And Forecast
New Jersey, United States: In the recently published financial credit Cloud OSS/BSS Market by Stratagem Markets Insights, market buildup will continue throughout the predicted time of 2021-2028. The report contains data in this area and the latest trends in the proclaim. An overview of key song aspects is summarized, subsequent to inflection as regards the leading markets, the highest demands, and applications of top key players. The append contains push…
Next generation OSS/BSS: Architecture And Evaluation
ResearchMoz present a comprehensive research report namely "Global Next Generation OSS & BSS Market Size, Status and Forecast 2019-2025" which reveals an extensive analysis of global industry by delivering the detailed information about Forthcoming Trends, Customer’s Expectations, Technological Improvements, Competitive Dynamics and Working Capital in the Market. This is an in-depth study of the market enlightening key forecast to 2025.
In 2018, the global Next Generation OSS & BSS market size…
OSS BSS System and Platform Market: Rising Demand for Mobile Internet Propelling …
The global operation support system (OSS) and business support system (BSS) system and platform market features a highly fragmented landscape, finds Transparency Market Research (TMR). The leading five players held a combined share of 40.0% of the market in 2015. Some of the prominent companies operating in the market are Nokia Siemens, Hewlett-Packard Company, Accenture Plc, Telefonaktiebolaget LM Ericsson (publ), and Amdocs. These players are increasingly focusing on tapping the…
OSS BSS System and Platform Market : Rising Demand for Mobile Internet Propellin …
The global operation support system (OSS) and business support system (BSS) system and platform market features a highly fragmented landscape, finds Transparency Market Research (TMR). The leading five players held a combined share of 40.0% of the market in 2015. Some of the prominent companies operating in the market are Nokia Siemens, Hewlett-Packard Company, Accenture Plc, Telefonaktiebolaget LM Ericsson (publ), and Amdocs. These players are increasingly focusing on tapping the…
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…
