Press release
Digital Business Support Systems (BSS) Market Key Trends, Analysis, Forecast To 2033
Digital Business Support Systems (BSS) Market
Digital Business Support Systems (BSS) Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $18.7 Bn In 2028 At A CAGR Of 18.7% :
The digital business support system (BSS) market size has grown rapidly in recent years. It will grow from $5.91 billion in 2023 to $6.99 billion in 2024 at a compound annual growth rate (CAGR) of 18.3%. The growth in the historic period can be attributed to the rising telecommunications industry, the rise of e-commerce, the rising threat of cyber-attacks, increasing global internet penetration, and the proliferation of smartphones and mobile devices.
The digital business support system (BSS) market size is expected to see rapid growth in the next few years. It will grow to $18.7 billion in 2028 at a compound annual growth rate (CAGR) of 18.7%. The growth in the forecast period can be attributed to increasing demand for personalized customer interactions, growing adoption of digital banking, increasing online financial services, rising demand for advanced billing, and rising demand for customer management. Major trends in the forecast period include digital technologies, adoption of 5G technology, artificial intelligence (AI) and machine learning technologies, Internet of Things (IoT) ecosystem, and blockchain technology.
Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=14899&type=smp
Digital Business Support Systems (BSS) Market Major Segments
The digital business support systems (BSS) market covered in this report is segmented -
1) By Component: Solution, Services
2) By Deployment: Public Cloud, Private Cloud, Hybrid Cloud
3) By Enterprise Size: Small And Medium Sized Enterprises, Large Enterprises
4) By Vertical: Banking, Financial Services And Insurance (BFSI), Information Technology (IT) And Information Technology Enabled Services (ITES), Telecommunications, Retail And E-commerce, Media And Entertainment, Manufacturing, Energy And Utilities, Other Verticals
Key Driver - Cloud Computing Propels Growth Of The Digital Business Support Systems (BSS) Market
The growing adoption of cloud computing is expected to propel the growth of the digital business support system (BSS) market going forward. Cloud computing refers to the on-demand availability of computing resources, such as storage and infrastructure, as services over the internet. The adoption of cloud computing arises because of cost efficiency, scalability, flexibility, accessibility, innovation, and agility. Digital business support systems are essential components of cloud computing platforms for managing customer relationships, enabling service delivery, ensuring accurate billing, providing customer support, and facilitating business analysis. For instance, in September 2022, according to reports shared by the AAG IT Support Service, a US-based digital transformation service provider, a global study of 753 technical and business professionals revealed that 63% of respondents reported heavy usage of cloud services. This marked an increase from 59% in 2021 to 53% in 2020. Therefore, the growing adoption of cloud computing is driving the digital business support system (BSS) market.
Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=14899&type=smp
Prominent Trend - Innovative SaaS Solutions Transforming Telecom BSS Market
Major companies operating in the digital business support system (BSS) market are focused on developing innovative technological solutions, such as SaaS-based solutions, to enhance their offerings and address the evolving needs of the telecommunications industry. Software as a Service (SaaS)-based BSS refers to cloud-based platforms that provide comprehensive and scalable solutions for managing the operational and customer-facing aspects of telecommunications and digital service providers. For instance, in September 2023, Optiva Inc., a Canada-based provider of cloud-native billing, charging, and revenue management software, launched Optiva MVNO Hubs on Google Cloud, providing a comprehensive business support system (BSS) as a service solution for mobile virtual network operators (MVNOs). The mobile virtual network operator hubs include essential integrations like payment gateways, taxation services, customer care, customer relationship management ticketing, and dealer portals, facilitating rapid onboarding and management of dealer channels. Additionally, this cloud aims to empower early-stage MVNOs to rapidly launch personalized services for a wide range of consumer and enterprise customers, with a focus on accelerating time-to-revenue and providing telecom industry expertise and guidance throughout the MVNO lifecycle.
Digital Business Support Systems (BSS) Market Players
Major companies operating in the digital business support systems (BSS) market are Huawei Technologies Co. Ltd., Accentur*e plc, International Business Machines Corporation, Oracle Corporation, SAP SE, Hewlett Packard Enterprise Development LP, Tata Consultancy Services Limited, Telefonaktiebolaget LM Ericsson, Nokia Corporation, Capgemini SE, ZTE Corporation, Infosys Limited, VMware LLC, NetApp Inc, Amdocs Limited, Netcracker Technology Corporation, CSG Systems International Inc, BearingPoint//Beyond, Sterlite Technologies Ltd, Comviva Technologies Limited, Comarch SA, Hansen Technologies Corp, Tecnotree Corporation, MDS Global, Optiva Inc., Subex Limited, Cerillion Technologies, MIND CTI Ltd, Qvantel, MATRIXX Software Inc, Suntech S.A.
View The Full Report Here - https://www.thebusinessresearchcompany.com/report/digital-business-support-systems-bss-global-market-report
Largest And Fastest Growing Region In The Market
North America was the largest region in the digital business support system (BSS) market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital business support systems (BSS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Digital Business Support Systems (BSS) Market Report Structure
3. Digital Business Support Systems (BSS) Market Trends And Strategies
4. Digital Business Support Systems (BSS) Market - Macro Economic Scenario
5. Digital Business Support Systems (BSS) Market Size And Growth
…..
27. Digital Business Support Systems (BSS) Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
"Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model "
"Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide."
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Digital Business Support Systems (BSS) Market Key Trends, Analysis, Forecast To 2033 here
News-ID: 3503023 • Views: …
More Releases from The Business research company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for BSS
Global Cloud OSS/BSS Market Size by Application, Type, and Geography: Forecast t …
According to Market Research Intellect, the global Cloud OSS/BSS market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The market for cloud OSS/BSS (Operational Support Systems/Business Support Systems) is expanding quickly due to the growing demand…
OSS and BSS - Obtaining Sample PDF Copy
Digital Transformation Drives Demand With increasing digital transformation mandates for businesses to stay competitive in an increasingly digital-first world, integrated OSS and BSS have become increasingly important. Investment in new digital infrastructures across industries is increasing demand for robust OSS and BSS. This is just one of the reasons why OSS and BSS will continue to play an essential role for most businesses.
Download PDF At @ https://www.theinsightpartners.com/sample/TIPRE00014750/?utm_source=OpenPR&utm_medium=10837
The Innovative Key…
"Unlocking Cloud OSS BSS: Your Complete Resource"
Cloud OSS solutions help the communications industry address many business-related and technical challenges. Cloud OSS is used for multiple applications due to its heterogeneous technology and vendor landscape. These solutions offer an efficient and easy way for resource sharing, automation, and monitoring. Using cloud OSS solutions, CSPs simplify software upgrade procedures, thus reducing the cost considerably by ensuring near-zero downtime during the upgrade.
Get PDF >> https://www.theinsightpartners.com/sample/TIPRE00011165/?utm_source=OpenPR&utm_medium=10837
The Innovative Key…
OSS/BSS Market Industry Analysis - OSS/BSS Market Size Driven by Recent Developm …
The most recent study offered by Acumen Research and Consulting focuses OSS/BSS Market size, share, growth rate, and market trends, as well as the parameters and factors influencing it in both the long term and short term. The report investigates the OSS/BSS Market trends in order to assess its current and future potential. Our OSS/BSS Market analysis also provides market participants and new entrants with a comprehensive view of the…
Cloud OSS/BSS Market Size And Forecast
New Jersey, United States: In the recently published financial credit Cloud OSS/BSS Market by Stratagem Markets Insights, market buildup will continue throughout the predicted time of 2021-2028. The report contains data in this area and the latest trends in the proclaim. An overview of key song aspects is summarized, subsequent to inflection as regards the leading markets, the highest demands, and applications of top key players. The append contains push…
OSS BSS System and Platform Market: Increasing Adoption of Convergent Billing Sy …
The global OSS BSS system and platform market is poised for strong growth in the coming years, driven mainly by the expansive telecommunication sector. The rising adoption of convergent billing systems and the growing demand for customer care services are also anticipated to significantly contribute to the OSS BSS system and platform market.
The opportunity presented by this market was pegged at US$29.11 bn in 2015 and is slated to…
