Next Generation OSS and BSS Market Forecast 2024-2030: Transforming Telecom Operations

In the dynamic realm of telecommunications, the Next Generation OSS and BSS Market stand as pillars of innovation, poised to reshape the industry landscape. With a projected value of USD 150.8 billion by 2029, boasting a robust CAGR of 16.12%, this market is set to revolutionize the way communication service providers (CSPs) operate and deliver services.

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Market Dynamics:

Driving Forces:
The advent of digitalization has ushered in a new era of connectivity, marked by the proliferation of digital devices and advanced technologies. From smartphones to IoT devices, the demand for high-speed internet connectivity has surged, prompting CSPs to enhance their offerings and streamline operations. The evolution of 5G networks, coupled with the adoption of cloud computing, AI, and IoT, has catalyzed the need for next-generation OSS/BSS systems, enabling CSPs to automate billing processes, enhance customer service, and optimize network performance.

Navigating Challenges:
While the promise of next-generation OSS/BSS systems is immense, the market faces challenges, particularly in terms of high installation costs and complex infrastructure maintenance. Additionally, the transition to address-based billing poses logistical challenges, especially in prepaid billing systems. Despite these hurdles, the market is poised for growth, driven by the imperative need for streamlined operations and enhanced customer experiences.

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Next Generation OSS and BSS Market Segment Analysis:

Revenue management emerges as a key growth segment, fueled by the increasing emphasis on billing, settlement, and revenue generation. Real-time billing and charges play a pivotal role in enabling CSPs to monetize their services effectively, while analytical tools and advanced technologies provide valuable insights into consumer trends and preferences, driving market growth.

by Architecture Type

Revenue management
Service fulfillment
Customer management
Account management
Service assurance
Network management systems
by Network

Cable and satellite
Fixed and wireless
Mobile
Mobile virtual network enabler (MVNE)
Others

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Who are Next Generation OSS and BSS Market Key Players?

1. Hewlett Packard Enterprise
2. Huawei Technologies Co., Ltd.
3. Capgemini
5. Amdocs, Inc.
6. CSG Systems International, Inc.
7. Oracle Corporation
8. IBM Corporation
9. Log Net Systems Ltd.
10. Dorado Software
11. Sigma Systems
12. Elitecore Technologies
13. Formula Telecom Solutions
14. Texas Instruments Incorporated
15. Magnaquest Technologies
16. Netonomy
17. MACC's
18. Transaction Capital
19. Contact Solutions
20. Cerillion Technologies
21. MDS Global
22. InfoSend
23. Aptilo Networks
24. Nexnet Solutions
25. Relay2
26. Optiva
27. Comarch SA

Table of content for the Next Generation OSS and BSS Market includes:

Part 01: Executive Summary

Part 02: Scope of the Next Generation OSS and BSS Market Report

Part 03: Next Generation OSS and BSS Market Landscape

Part 04: Next Generation OSS and BSS Market Sizing

Part 05: Next Generation OSS and BSS Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Regional Insights:

North America leads the charge in market growth, driven by widespread adoption of advanced technologies and smart infrastructures across various industries. Meanwhile, the Asia Pacific region is poised for rapid growth, fueled by the burgeoning smartphone market and government initiatives to build smart cities and enhance internet connectivity.

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