Press release
What's driving the OSS/BSS Market Trends? Accenture, Amdocs, BMC Software, CA Technologies, Cisco, Comarch, Ericsson, Hewlett Packard Enterprise, Huawei Technologies, IBM, Infosys, Netcracker Technology, Nokia, Oracle, Redknee, Subex
Owing to the introduction of next-gen technologies, a number of communication service providers are increasingly adopting integrated OSS/BSS platforms that are capable of proactively identifying network faults, tracking the service performance, and initiating resolution activities.
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These platforms support network processes like service delivery and fulfilment, inventory management, and improvement of customer support operations such as billing, payment collection, value-added services, and processing bills and orders. This make these platforms highly desirable to network operators and service providers, ensuring growth of the OSS/BSS market share in the process.
With respect to the deployment model, the on-premise segment is projected to account for a predominant chunk of the OSS/BSS market size, representing a share of more than 63% by 2024. The growth of this segment is being attributed to the superior data security and strong functionality offered by the deployment model.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Accenture
2. Agile Network Systems
3. Amdocs
4. BMC Software
5. CA Technologies
6. Cisco
7. Comarch
8. CSG Systems International, Inc.
9. Ericsson
10. Hewlett Packard Enterprise
11. Huawei Technologies
12. IBM
13. Infosys
14. Netcracker Technology
15. Nokia
16. Oracle
17. Redknee
18. Subex
19. Tata Consultancy Services
20. Tech Mahindra
The OSS solutions segment forms a major part of the overall OSS/BSS market. In fact, it held about 50 percent of the total market share in 2017. The segment is projected to retain this dominant industry share throughout the forecast timeframe.
Europe OSS/BSS market is estimated to grow at an impressive 8 percent CAGR over the forecast timeframe owing to the growing investments by several private and government organizations to develop the region's telecom sector.
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Eastern Communications and Tata Consultancy Services are some of the key contributors to the global OSS/BSS market. Several of the main communication service providers also provide their OSS/BSS solutions to support telecom operators to achieve the greatest level of speed, adaptability and efficiency to address digital transformation challenges.
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Corporate Sales, USA
Global Market Insights, Inc.
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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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