Exclusive Report on Global OSS & BSS Industry: to achieve a market size of $103.6 Billion as it excels

The global OSS & BSS market size is expected to reach $103.6 Billion by 2028 growing at the CAGR of 13.40% from 2021 to 2028.

This growth is attributed to:
● Businesses, especially SMBs, which are increasingly moving to the cloud-based solutions for open source architectures for back-ends of telecom infrastructures due to the combined advantages of flexibility, cost-effectiveness and technologies which support business optimization.
● Mobile virtual network operators (MVNOs) and new mobile operators these days seem to prefer using cloud-based operations support system solutions. It is much more cost-effective and less time consuming for everyone involved which makes the barrier of entry much lower than ever before.

However, difficulties integrating existing solutions into future OSS/BSS systems may hinder market growth.

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Key Players
Some of the major OSS & BSS players holding high market share include AMDOCS, and Infovista (ASCOM). These players use partnership and expansion as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
● AMDOCS
● Infovista (ASCOM)
● Comarch S.A.
● LM Ericsson Telephone Company
● Mycom OSI
● Nokia Corporation
● Computaris
● Netcracker
● Cisco System Inc.

The recently published research report on Global OSS & BSS Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the OSS & BSS market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

The New Normal
As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the OSS & BSS market report also includes the following data points:
● COVID19 Impact on OSS & BSS market size
● End-User/Industry/Application Trend, and Preferences
● Government Policies/Regulatory Framework
● Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
● Opportunity in OSS & BSS market

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Segmental Analysis
Market Segment By Industry Vertical with focus on market share, consumption trend, and growth rate of OSS & BSS Market:
o IT & Telecom
o BFSI
o Media & Entertainment
o Retail & E-Commerce
o Others

Market Segment By Organization Type with focus on market share, consumption trend, and growth rate of OSS & BSS Market:
o Network Planning & Design
o Service Delivery
o Service Fulfillment
o Service Assurance
o Customer & Product Management
o Others

Market Segment By Application with a focus on market share, consumption trend, and growth rate of OSS & BSS Market:
o Services
o Solution

Market Segment By Deployment Model with a focus on market share, consumption trend, and growth rate of OSS & BSS Market:
o On-premise
o Cloud

For more information: https://evolvebi.com/product/oss-bss-market-analysis-and-forecast-2021-2028-with-covid-impact-analysis/

Key Region/ Countries Covered
● North America (US, Canada, Mexico)
● Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
● Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
● Rest of the World (the Middle East & Africa and South America)

While North America is considered to be the most attractive region in terms of revenues, Asia Pacific holds the highest growth potential in this market due to various factors. Mobile data traffic rate in countries in APAC is increasing rapidly over the years which in turn results in higher revenue opportunities for entities working in this market.

Another important factor that drives OSS & BSS market share in APAC is intense competition among telecom operators who are looking to improve their operational efficiency which increases their need for OSS & BSS solutions.

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