Press release
Cloud Operation Support System (OSS) Business Support System (BSS) Market Key Players, Latest Trends and Growth Forecast till 2032
Cloud Operation Support System (OSS) Business Support System (BSS) Market
In the telecommunications industry, the terms operations support system (OSS) and business support system (BSS) are synonymous. The contrast draws attention to how abstract network operations and network-centered businesses are. With their OSS/BSS, communications service providers may support a wide range of services and tasks. The major tasks of OSS are order processing, network inventory control, and network operations, whereas the main goals of BSS are order capture, customer relationship management, and telecom billing.
Software used to manage the operating system or communication networks is known as an operation support system (OSS). It manages network planning and keeps track of network assets like servers, routers, and PCs that are linked to a network. A business support system (BSS), on the other hand, supports and automates fundamental business operations and management tasks, including those related to products, clients, sales, and orders. Additionally, it offers data on sign-ups, payment orders, and client relationships. Due to the distinctive and useful capabilities that OSS and BSS offer, many firms are focusing on integrating these solutions to manage many business sectors effectively nowadays.
Market Trends:
Telecom operators and providers currently rely on OSS and BSS systems to support business tasks including marketing, product offerings, sales, contracts, and service delivery due to considerable advancements in telecom infrastructure and rising data consumption. The emphasis on personalisation, seamless service utilisation, and diversity among communication industries and platforms, as well as the growing demand for effective portfolio and telecom site management software, all support this. Additionally, the need for 5G applications and services is being affected by the growing use of industrial automation, business intelligence (BI), artificial intelligence (AI), and machine learning (ML) technologies for developing effective digital business processes. The OSS and BSS platform, which enables telecom operators to address the challenges, is benefiting from this, which is enhancing its market growth. As a result, the OSS and BSS platform, which enables telecom operators to address the changing needs of end users, is growing in popularity. In addition, it is projected that the increasing need for billing system simplification, improved client experiences, and increased corporate agility will boost the sales of cloud OSS and BSS technologies globally.
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Global cloud Operation Support System (OSS) Business Support System (BSS) Market: Segmentations
Global cloud Operation Support System (OSS) Business Support System (BSS) Market: By Types
Public cloud
Private cloud
Hybrid cloud
Global cloud Operation Support System (OSS) Business Support System (BSS) Market: By Applications
Large enterprises
Small and Medium Enterprises (SMEs)
Others
Global cloud Operation Support System (OSS) Business Support System (BSS) Market: Major Players
Amdocs (Missouri, US)
Cisco Systems, Inc. (US)
Comarch S.A., (Poland)
LM Ericsson Telephone Company (Sweden)
Hewlett Packard Enterprise Company (U.S)
Huawei Technologies. (China)
International Business Machines Corporation (U.S)
Mahindra Comviva (India)
Mycom OSI (UK)
Nokia Corporation (Finland)
Oracle Corporation (U.S)
Sigma Systems (Canada)
Subex Limited (India)
TEOCO Corporation (U.S)
Global cloud Operation Support System (OSS) Business Support System (BSS) Market: By Regions
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Argentina, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
Key Points:
• Define, describe and forecast The Global Market by type, application, end user and region.
• Provide enterprise external environment analysis and PEST analysis.
• Provide strategies for company to deal with the impact of COVID-19.
• Provide market dynamic analysis, including market driving factors, market development constraints.
• Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
• Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
• Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
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Key Questions Answered in This Report
1. What was the size of the global OSS & BSS market in 2022?
2. What is the expected growth rate of the global OSS & BSS market during 2023-2028?
3. What are the key factors driving the global OSS & BSS market?
4. What has been the impact of COVID-19 on the global OSS & BSS market?
5. What is the breakup of the global OSS & BSS market based on the component?
6. What is the breakup of the global OSS & BSS market based on the OSS solution type?
7. What is the breakup of the global OSS & BSS market based on the deployment mode?
8. What is the breakup of the global OSS & BSS market based on the organization size?
9. What is the breakup of the global OSS & BSS market based on the industry vertical?
10. What are the key regions in the global OSS & BSS market?
11. Who are the key players/companies in the global OSS & BSS market?
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