Press release
Operation & Business Support System Market Growth, Key Futuristic Trends and Competitive Landscape 2017-2025: Accenture, Tata Consultancy Services (TCS), Amdocs, Ericsson, IBM Corporation, Tech Mahindra, Hewlett Packard
The Operation Support Systems (OSS) are basically computer systems used by telecommunications service providers to manage their networks, for example, to manage telephone networks. These systems aid in managing functions, some of them are network inventory, service provisioning, network configuration and fault management.Along with Business Support Systems (BSS), the Operation Support Systems (OSS) are used to support various end-to-end telecommunication services. BSS and OSS have their own data and service responsibilities to cater the needs of users.
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The Global Operation & Business Support System Market was valued at USD 27.00 billion in 2016 and is projected to reach USD 77.62 billion by 2025, growing at a CAGR of 12.45% from 2017 to 2025.
The Global Operation and Business Support System Market is segmented on the basis of Operation Support System Solutions, Business Support System Solutions, End Users and Geography.
The Global Operation and Business Support System Market by Operation Support System Solution is divided into Network Planning and Design, Service Delivery, Service Fulfilment, Service Assurance, Customer Care and Others. Network Planning and Design segment is forecasted to hold the maximum share in the Global Operation Support System Market by OSS Solutions, in the coming years The Business Support System Solution is bifurcated as Customer Management, Product/Service Management, Revenue Management, Order Management and Other.
The End users in Operation and Business Support System Market include telecom enterprises, BFSI, retail, government, manufacturing enterprises and others. The market on the basis of geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. North America Region is expected to dominate the Global Operations and Business Support System Market during the forecast period.
Key Players in the Global Operation and Business Support System Market Are: Accenture, Tata Consultancy Services (TCS), Amdocs, Ericsson, IBM Corporation, Tech Mahindra, Hewlett Packard, Nokia Networks, Oracle Corporation, Huawei Technology
Research report categorises the Operation and Business Support System Market based on Operation Support System Solutions, Business Support System Solutions, End users and geography (region wise). Market size value is first estimated and forecasted with the revenues of leading companies operating in the Global Operation and Business Support System Market with key developments in companies and market trend and then forecasted on the global level.
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