Press release
Next Generation Network OSS/BSS Market Display Significant Growth by 2025
Next Generation Network (NGN) Operational Support Systems (OSS) and Billing Support Systems (BSS) are used for OSS/BSS rationalization, next generation IP communications, and entirely new business models for Communication Services Providers (CSP) such as CSP support of various third parties including Over-the-Top (OTT) service providers.
Next Generation Network OSS/BSS market: Drivers and Challenges
The major growth drivers of the Next Generation Network OSS/BSS market include increasing requirement for faster time consumer services. In addition, Use of Next Generation Network OSS/BSS in telecom industry will drive the growth of Next Generation Network OSS/BSS market. Advancements cloud and M2M technologies across the globe have led to growth of the Next Generation Network OSS/BSS across the globe.
Major challenges of Next Generation Network OSS/BSS market are optimization of Next Generation Network OSS/BSS systems and Complexities in integration of advanced systems with the legacy system are some of the major factors which are hindering the growth of Next Generation Network OSS/BSS Market.
Request for Report Sample: https://www.persistencemarketresearch.com/samples/19090
Next Generation Network OSS/BSS market: Segmentation
Global Next Generation Network OSS/BSS Market can be segmented as:
Segmentation on the basis of Application:
Next Generation Network OSS/BSS market can be segmented on the basis of application, means areas where Next Generation Network OSS/BSS are used. Application includes IoT Platforms, IoT OSS and Billing and IoT Data Management
Competition Landscape
Key contracts
Key Contracts in Next Generation Network OSS/BSS market are as:
In May 2016, Huawei, a Chinese multinational networking and telecommunications equipment and services company, entered into partnership with Netscout, U.S. based application and network performance management products and solutions provider, with an objective to provide OSS interfaces under OSS interoperability initiative (OSSii).
Key Players
Some of the major players in Global Next Generation Network OSS/BSS Market are Cerillion, Amdocs, comptel, Cisco System, Elitecore Technologies, AT&T Inc., Formula Telecom Solutions, Hewlett-Packard Company, Huawei, Alcatel Lucent S.A., LohNet Systems, Tata Consultancy Services Limited, Mycom, OpenCloud, Oracle Corporation, IBM Corporation, Tech Mahindra Limited, WebNMS, and ZTE.
Regional Overview
North America is holding the largest market share for Next Generation Network OSS/BSS market due to technological advancements in cloud and M2M technologies. Due to presence of large customer base and evolving telecom industry in Asia Pacific will hold maximum market share for Next Generation Network OSS/BSS in near future. Europe is fastest growing market for Next Generation Network OSS/BSS due to increase in adaptation of new technologies in telecom industry. Sturdy economic progress, driving the growth of Next Generation Network OSS/BSS market in MEA region. The Demand for Next Generation Network OSS/BSS market has risen dramatically over the past 2 years months globally.
The report covers exhaustive analysis on:
Next Generation Network OSS/BSS market Segments
Market Dynamics of Next Generation Network OSS/BSS market
Historical Actual Market Size, 2012 - 2016
Market Size & Forecast 2017 to 2027
Value Chain of Next Generation Network OSS/BSS market
Market Current Trends/Issues/Challenges
Competition & Companies involved
Market Drivers and Restraints
Request for Report TOC: https://www.persistencemarketresearch.com/toc/19090
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA,Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.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 Next Generation Network OSS/BSS Market Display Significant Growth by 2025 here
News-ID: 1175576 • Views: …
More Releases from Persistence Market Research
Stadium Lighting Market Soars as LED Replaces Metal Halide with Longer Lifespan …
The stadium lighting market is witnessing unprecedented growth, fueled by the global shift from traditional metal halide lights to energy-efficient LED lighting systems. Metal halide lights, which have dominated stadiums for decades, typically last around 6,000 hours and require frequent replacement, leading to high maintenance costs. In contrast, modern LED stadium lights offer superior durability, water resistance, and shockproof features, with lifespans extending up to 100,000 hours. These advancements are…
Global POS Machines Market Outlook: US$ 18 Bn to US$ 49 Bn by 2033
The Point-of-Sale (POS) machines market has been experiencing significant growth over the past decade, driven by rapid technological advancements and the increasing adoption of digital payment solutions. As of 2022, the global POS machines market was valued at US$ 18,221.3 Million, and it is forecasted to reach US$ 49,365.2 Million by 2033. The market is anticipated to grow at a CAGR of 9.6% from 2023 to 2033, highlighting its robust…
How 3D Scanners Are Transforming Design, Manufacturing, and Entertainment
The 3D scanners market is witnessing remarkable growth as industries increasingly adopt advanced digital solutions for product design, quality control, and cultural documentation. A 3D scanner is defined as a device that analyzes real-world objects to collect data on their shape and appearance, enabling the creation of highly accurate digital models. These models are widely used across applications like movie and video game production, industrial design, prosthetics, reverse engineering, prototyping,…
Intermodal Transport Market Poised for Growth at a Robust CAGR Over the Next Dec …
Overview of the Market
The intermodal transport market is witnessing significant growth globally due to increasing demand for efficient, cost-effective, and environmentally sustainable logistics solutions. Intermodal transport, which involves the seamless integration of multiple transportation modes such as rail, road, and sea, ensures faster and safer movement of goods while reducing operational costs. The market's growth is being driven by the rising adoption of advanced technologies, such as automated gate systems…
More Releases for OSS
Global Cloud OSS/BSS Market Size by Application, Type, and Geography: Forecast t …
According to Market Research Intellect, the global Cloud OSS/BSS market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The market for cloud OSS/BSS (Operational Support Systems/Business Support Systems) is expanding quickly due to the growing demand…
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 Market in OSS Solutions Segment is Projected to Account Highest Industry …
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…
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 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…
