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Digital BSS Market 2025 - Public Cloud Segment is Projected to Witness Exponential Growth | Key Players are IBM, Nokia, Capgemini, ZTE Corporation, Sigma Systems

01-14-2020 07:21 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Research

Digital BSS Market

Digital BSS Market

The digital BSS can be deployed through cloud and on-premise. The public cloud segment is expected to get the largest digital BSS market share over the forecast period. The public cloud system allows access to multiple users for the sharing of information via the internet. This provides ease of access, faster deployment of the service, and low maintenance cost of the system. It provides enormous benefits to organizations such as reliability, scalability, flexibility, and remote access to the system. Organizations are facing many hurdles for systems storage & maintenance and are willing to outsource their storage facilities to the service providers. These solutions offered by the digital BSS are expected to drive the growth of the sector over the forecast period.

With the increasing adoption of cloud-based digital BSS, the demand for associated services will also increase. The overall function of the service segment is enhancing the business performance, reducing the cost, and increasing the overall revenue.

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Digital BSS Market By Component, 2020-2025 (USD Million)

• Solution
• Revenue and Billing Management
• Customer Management
• Order Management
• Product Management
• Sales and Marketing Management
• Service
• Managed
• Professional

By Market, 2020-2025 (USD Million)
• Consulting
• Implementation
• License and Maintenance
• Training and Maintenance
• Managed Service

North America is expected to hold the largest digital BSS market share due to the presence of developed business ecosystem in terms of technology investments and adoption. The growing adoption of advanced custom business processes and the competition to improve the services are driving the growth of the market. Government initiatives for the launch of 5G and LTE services are expected to motivate the growth of digital BSS Industry in the region over the forecast period.

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In the Asia Pacific digital BSS market, the growing number of smartphone subscribers and initiatives for combining the existing BSS solutions to advanced analytics systems are expected to drive the growth of this sector in China. The booming IT industry in India is expected to be the major driver in the growth of the digital BSS market in the region. India, China, Japan, Singapore, and Australia are expected to be the prime marketplaces for the growth of the sector in the region.

The key players in the field of global digital BSS market are Amdocs, Huawei, Ericsson, NetCracker, CSG International, Nokia, IBM, Capgemini, ZTE Corporation, Optiva, Openet, Sigma Systems, Cerillion, Sterlite Tech, Accenture, Comarch, Infosys, Oracle, Mahindra Comviva, Qvantel, BearingPoint, FTS, MATRIXX Software, MIND CTI, and TCS.

Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688

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.

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