Press release
OSS BSS software Market Set for More Growth : Sterlite Technologies, Global Convergence Solutions, Cerillion, Comarch
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Key Players in This Report Include: AMDOCS (United States), Ericsson (Sweden), Huawei Technologies (China), Netcracker Technology Corporation (United States), Redknee (Canada), Aria Systems (United States), Cerillion (United Kingdom), Comarch (Poland), Comptel (Finland), CSG International (United States), Sterlite Technologies Limited (India), Global Convergence Solutions (United States), Hewlett Packard Enterprise Development (United States), Hitachi Data Systems (United States), Oracle (United States).
Definition: Operations support system (OSS) is a software which operate a telecom network and maintain a customer services. It comprises specialized software, which is traditionally used by network planners, support, operations and engineering teams in the service provider. Business support system (BSS) is a software application that supports various customer activities including customer relationship management (CRM), order management, billing and call center automation. Moreover, the relationship between OSS and BSS is simple, where OSS usually passes numerous service orders and also supplies service assurance information to the BSS. Additionally, BSS focuses on managing the business aspects associated with the telecommunications network to secure revenue and maintain quality, while also supporting various business functions such as marketing, product offerings, sales, contracting, and delivery of goods and services. Together with OSS, BSS is used to support various end-to-end telecommunication services. According to AMA, the Global OSS BSS software market is expected to see growth rate of 11.5% and may see market size of USD23.12 Billion by 2026.
Market Opportunities:
Increasing Awareness Regarding Enhancing Service Assurance in the Telecommunication Sector
Growing Demand for Lowering Operational Expenditure and the Increasing Popularity of Convergent Billing Systems in Emerging Economies
Market Trends:
Rising Demand for Customized OSS-BSS Software
Outsourcing OSS BSS Design and Development to Managed Service Providers
Market Drivers:
Increased Adoption of Revenue Management Systems (RMS)
Increasing Adoption of Cloud-Based BSS
Surging in Numbers of SMEs to Ensure Better Manageability of Resources Globally
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The Global OSS BSS software Market segments and Market Data Break Down are illuminated below:
by Type (OSS Software, BSS Software), Application (BFSI, IT & Telecom, Media & Entertainment, Others), Enterprise Size (SMEs, Large Enterprises), Deployment Model (Cloud, On-premise), Solution Type (Service assurance, Network management, Inventory management)
Global OSS BSS software market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
North America (United States, Mexico & Canada)
South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
-To carefully analyze and forecast the size of the OSS BSS software market by value and volume.
-To estimate the market shares of major segments of the OSS BSS software
-To showcase the development of the OSS BSS software market in different parts of the world.
-To analyze and study micro-markets in terms of their contributions to the OSS BSS software market, their prospects, and individual growth trends.
-To offer precise and useful details about factors affecting the growth of the OSS BSS software
-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the OSS BSS software market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Major highlights from Table of Contents:
OSS BSS software Market Study Coverage:
It includes major manufacturers, emerging player's growth story, and major business segments of OSS BSS software market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
OSS BSS software Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
OSS BSS software Market Production by Region OSS BSS software Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in OSS BSS software Market Report:
OSS BSS software Overview, Definition and Classification Market drivers and barriers
OSS BSS software Market Competition by Manufacturers
Impact Analysis of COVID-19 on OSS BSS software Market
OSS BSS software Capacity, Production, Revenue (Value) by Region (2022-2027)
OSS BSS software Supply (Production), Consumption, Export, Import by Region (2022-2027)
OSS BSS software Production, Revenue (Value), Price Trend by Type {OSS Software, BSS Software}
OSS BSS software Market Analysis by Application {BFSI, IT & Telecom, Media & Entertainment, Others}
OSS BSS software Manufacturers Profiles/Analysis OSS BSS software Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
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Key questions answered
How feasible is OSS BSS software market for long-term investment?
What are influencing factors driving the demand for OSS BSS software near future?
What is the impact analysis of various factors in the Global OSS BSS software market growth?
What are the recent trends in the regional market and how successful they are?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.
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Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA - 08837
Phone: +1(201) 7937323, +1(201) 7937193
sales@advancemarketanalytics.com
About Author:
Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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