Press release
Europe digital business support system market is expected to grow from US$ 860.48 million in 2019 to US$ 2,152.61 million by 2027; it is estimated to grow at a CAGR of 12.4 % from 2020 to 2027
Europe Digital Business Support System Market
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the European telecom industry is experiencing high competition from new entrants in the market, providing services at a low cost. Increasing pressure of keeping optimal pricing and improving service quality are factors compelling European telecom operators and CSPs to opt for advanced and efficient digital Business Support System (BSS), which can provide them enhanced operational efficiency and capability to roll out and offer new services effectively. Consolidation in the European market to gain market share and reduce customer churn is also expected to persuade companies to adopt advanced digital Business Support System (BSS). Furthermore, heavy demand for cloud-based and IoT-based licenses and maintenance, consulting, training & education, and implementation service; and requirement to lower operating and capital expenditure are a few factors expected to drive the European market during the forecast period.
Pre-built and digital BSS solution is expected to escalate the Europe digital business support system market. Digital transformation is taking place across the Europe. The shift from traditional services to digital services is on the rise. The growth of data and use of multiple devices by individuals and enterprises have led to the development of ready-to-use and pre-built digital Business Support System (BSS) solutions.
Europe Digital Business Support System Market - Company Profiles:
Alepo, Amdocs Limited, BearingPoint, Capgemini SE, Cerillion plc, Comarch SA, Comviva, CSG Systems International, Inc., FTS – Formula Telecom Solutions Ltd, Huawei Technologies Co., Ltd., IBM Corporation, Infosys Ltd., MIND CTI, NetCracker Technology Corporation, Nokia Corporation, Openet, Optiva Inc., Oracle Corporation, QVANTEL, Sigma Software, Sterlite Tech, Tata Consultancy Services Limited, Telefonaktiebolaget LM Ericsson, ZTE Corporation
Europe Digital Business Support System Market - By Component
Solution
Services
Professional
License and Maintenance
Consulting
Implementation
Training and Education
Managed
Europe Digital Business Support System Market - By Country
Germany
UK
France
Italy
Spain
Rest of Europe
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key player in the Europe Digital Business Support System market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Europe Digital Business Support System market segments and regions.
Order a Copy of this Europe Digital Business Support System market research report at – https://www.businessmarketinsights.com/buy/single/TIPRE00020533
The research on the Europe Digital Business Support System market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Europe Digital Business Support System market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Europe Digital Business Support System market.
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