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