Press release
Cloud OSS/BSS Market 2019 to Witness Excellent Long-Term Growth Outlook
OSS and BSS stands for operations support system/business support system. The two systems are operated together by telecommunications service providers, which are used to support a range of telecommunication services. OSS/BSS supports the digital operator customer-facing and network-facing IT functions seamlessly and virtually integrates them with no separation. Cloud OSS/BSS is the combination of both capabilities and deploying them through cloud. Cloud OSS/BSS helps the operators to serve the needs of the customers through a service eco-system and evolving infrastructure and bring life to software defined networking. Cloud OSS/BSS are built with platform driven approach using common software components for cloud deployment. This helps in the establishment of single IT environment that comprises all OSS/BSS applications without information which is stored in central database or functions. Cloud OSS/BSS helps in digital transformation of the business at both organization and technology level. Cloud OSS/BSS systems helps to utilize new network capabilities with new business models.
Cloud OSS/BSS market: Drivers and Challenges
The major growth drivers of the Cloud OSS/BSS market include increasing requirement for faster time consumer services. In addition, Use of Cloud OSS/BSS in telecom industry will drive the growth of Cloud OSS/BSS market. Advancements cloud and M2M technologies across the globe have led to growth of the Cloud OSS/BSS across the globe.
Major challenges of Cloud OSS/BSS market are optimization of Cloud 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 Cloud OSS/BSS Market.
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Cloud OSS/BSS market: regional outlook
By regions, Cloud OSS/BSS market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa.
North America and Western Europe Cloud OSS/BSS market is predominantly mature as compared to the other regional market as they are fast in the adoption of technology. Cloud OSS/BSS market in Asia Pacific excluding Japan and Japan are expected to possess maximum potential in the forecast period. Cloud OSS/BSS market in Latin America and Middle East and Africa are also projected to witness positive growth during the forecast period.
Cloud OSS/BSS market segmentation:-
The Cloud OSS/BSS market is segmented
By Type
Solution
Business Support System
Operation Support System
Service
Professional Services
Managed Services
By End-User Type
Large enterprises
Small and Medium Enterprises (SMEs)
Cloud OSS/BSS market: competition landscape:-
Key vendor in the Cloud OSS/BSS market includes Amdocs Limited, Huawei Technologies Co. Ltd., Telefonaktiebolaget LM Ericsson, Redknee Inc., NetCracker Technology Corporation, Nokia Corporation, EXFO Inc., Openet Telecom Ltd, Sigma Systems Canada LP., and UXP Systems Inc.
The report covers exhaustive analysis on:
Cloud OSS/BSS Market Segments
Cloud OSS/BSS Market Dynamics
Historical Actual Market Size, 2012 – 2016
Cloud OSS/BSS Market Size & Forecast 2017 to 2027
Supply & Demand Value Chain
Cloud OSS/BSS Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Cloud OSS/BSS Market Drivers and Restraints
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Regional analysis for Cloud OSS/BSS Market includes the development of these systems in the following regions:
North America
US
Canada
Latin America
Brazil,
Mexico,
Others
Europe
Western Europe
Germany
France
U.K.
Spain
Italy
Nordic
BENELUX
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
Australia and New Zealand (ANZ)
Greater China
India
ASEAN
Rest of Asia Pacific
Japan
Middle East and Africa
GCC Countries
Other Middle East
North Africa
South Africa
Other Africa
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies
The main aim of the report is to:
Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution
MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.
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