Press release
Next Generation OSS and BSS Market size is expected to reach USD 175.10 Bn by 2030 with CAGR 5.92
๐๐๐ฑ๐ญ ๐๐๐ง๐๐ซ๐๐ญ๐ข๐จ๐ง ๐๐๐ ๐๐ง๐ ๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐๐ง๐๐ซ๐๐๐ฌ๐ ๐จ๐ซ ๐๐๐๐ซ๐๐๐ฌ๐ ๐๐จ๐ซ ๐ฐ๐ก๐๐ญ ๐๐จ๐ง๐ญ๐๐ข๐ง๐ฌ :The Next Generation Operations Support Systems (OSS) and Business Support Systems (BSS) market is poised for substantial growth due to the accelerating digital transformation across industries. OSS refers to software platforms that support network operations and management, including service fulfillment, assurance, and network inventory management. BSS, on the other hand, encompasses systems that manage customer-facing activities such as billing, customer relationship management (CRM), and order management.
Key drivers of growth include the increasing adoption of cloud-based solutions, advancements in 5G technology, and the proliferation of Internet of Things (IoT) devices. These factors are driving demand for more agile, scalable, and automated OSS/BSS solutions that can handle the complexity and scale of modern networks. Furthermore, the shift towards virtualization and software-defined networking (SDN) is prompting telecom operators and enterprises to invest in OSS/BSS solutions that can support these new architectures efficiently.
Emerging markets, particularly in Asia-Pacific and Latin America, are witnessing rapid digitalization and infrastructure development, further fueling the demand for OSS/BSS solutions. Moreover, regulatory requirements and the need for enhanced customer experience are pushing organizations to upgrade their OSS/BSS capabilities. As a result, the market is expected to experience robust growth in the coming years, with opportunities for innovation and integration of AI and machine learning to optimize network operations and customer service delivery.
๐๐๐ฑ๐ญ ๐๐๐ง๐๐ซ๐๐ญ๐ข๐จ๐ง ๐๐๐ ๐๐ง๐ ๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐ข๐จ๐ง:
The size of the Next Generation OSS and BSS market was estimated to be worth US$ 7.07 billion in 2023. From 2024 to 2030, total revenue is predicted to increase at a rate of 5.92 percent, or roughly US$ 10.58 billion.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐: https://www.maximizemarketresearch.com/request-sample/105765/
๐๐๐ฑ๐ญ ๐๐๐ง๐๐ซ๐๐ญ๐ข๐จ๐ง ๐๐๐ ๐๐ง๐ ๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ซ๐๐ก๐ข๐ญ๐๐๐ญ๐ฎ๐ซ๐ ๐๐ฒ๐ฉ๐
Revenue management
Service fulfillment
Customer management
Account management
Service assurance
Network management systems
A CAGR of 16.12% is anticipated for revenue management over the course of the forecast period, as a result of the growing emphasis on billing, settlement, and revenue generation. One crucial component of CSPs is real-time billing and charges. The roaming charges and dependable connectivity enable CSPs to charge other operators for the use of their network infrastructure, voice, data, and many other services. Nonetheless, the employment of cutting-edge technologies and analytical tools gives telecom firms access to demand and current trends, which aids in the acquisition of new clients. Consequently, it is anticipated that these variables would strengthen the revenue management segment's global market.
๐๐ฒ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค
Cable and satellite
Fixed and wireless
Mobile
Mobile virtual network enabler (MVNE)
Others
๐๐๐ฑ๐ญ ๐๐๐ง๐๐ซ๐๐ญ๐ข๐จ๐ง ๐๐๐ ๐๐ง๐ ๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The next generation of Operations Support Systems (OSS) and Business Support Systems (BSS) is set to redefine the telecommunications and IT industries, driven by advancements in digital technologies and the demand for enhanced operational efficiency. OSS encompasses tools and platforms that manage network operations, ensuring smooth service delivery, fault management, and network optimization. BSS, on the other hand, focuses on customer-facing functions such as billing, CRM, and order management, crucial for delivering a seamless customer experience.
Key developments in the OSS/BSS market include the integration of AI and machine learning to automate and optimize network operations and customer interactions. This enables telecom operators and enterprises to achieve greater agility, scalability, and cost-efficiency in managing increasingly complex networks and services. The shift towards virtualization and software-defined networking (SDN) further drives the need for flexible and adaptable OSS/BSS solutions capable of supporting dynamic network architectures.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐: https://www.maximizemarketresearch.com/request-sample/105765/
๐๐๐ฑ๐ญ ๐๐๐ง๐๐ซ๐๐ญ๐ข๐จ๐ง ๐๐๐ ๐๐ง๐ ๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐ข๐ง ๐ฐ๐ก๐ข๐๐ก ๐ซ๐๐ ๐ข๐จ๐ง๐ฌ?
The next generation Operations Support Systems (OSS) and Business Support Systems (BSS) market is experiencing robust growth driven by the rapid evolution of telecommunications and IT infrastructure. OSS encompasses tools and platforms essential for managing network operations, including service assurance, network provisioning, and fault management. BSS, on the other hand, focuses on customer-centric operations such as billing, CRM, and order management, crucial for delivering personalized services and enhancing customer satisfaction.
Key drivers of market growth include the increasing adoption of 5G technology, which requires advanced OSS/BSS capabilities to manage the complexity and scale of next-generation networks. Additionally, the proliferation of Internet of Things (IoT) devices and the demand for real-time data analytics are driving the need for OSS/BSS solutions that can handle massive volumes of data and support diverse service requirements.
๐๐๐ฑ๐ญ ๐๐๐ง๐๐ซ๐๐ญ๐ข๐จ๐ง ๐๐๐ ๐๐ง๐ ๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:
The next generation Operations Support Systems (OSS) and Business Support Systems (BSS) market is witnessing a transformative shift driven by advancements in digital technologies and telecommunications infrastructure. OSS encompasses critical tools and platforms for managing network operations, including service fulfillment, assurance, and network optimization. BSS, meanwhile, focuses on customer-centric functions such as billing, CRM, and order management, crucial for enhancing customer experience and operational efficiency.
Methodologically, the market analysis considers factors such as the adoption of 5G technology, which necessitates agile and scalable OSS/BSS solutions capable of supporting high-speed connectivity and diverse service offerings. The proliferation of Internet of Things (IoT) devices further amplifies the demand for robust OSS/BSS frameworks capable of managing large volumes of data and ensuring seamless connectivity across devices.
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/request-sample/105765/
๐๐๐ฑ๐ญ ๐๐๐ง๐๐ซ๐๐ญ๐ข๐จ๐ง ๐๐๐ ๐๐ง๐ ๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
1. Hewlett Packard Enterprise
2. Huawei Technologies Co., Ltd.
3. Capgemini
4. plc.
5. Amdocs, Inc.
6. CSG Systems International, Inc.
7. Oracle Corporation
8. IBM Corporation
9. Log Net Systems Ltd.
10. Dorado Software
๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐: https://www.maximizemarketresearch.com/market-report/global-music-publishing-market/105765/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฑ๐ญ ๐๐๐ง๐๐ซ๐๐ญ๐ข๐จ๐ง ๐๐๐ ๐๐ง๐ ๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
โข What is Next Generation OSS and BSS Market ?
โข What is the growth rate of the Next Generation OSS and BSS Market?
โข Which are the factors expected to drive the Next Generation OSS and BSS market growth?
โข What are the different segments of the Next Generation OSS and BSS Market?
โข What growth strategies are the players considering to increase their presence in Next Generation OSS and BSS?
โข What are the upcoming industry applications and trends for the Next Generation OSS and BSS Market?
โข What are the recent industry trends that can be implemented to generate additional revenue streams for the Next Generation OSS and BSS Market?
โข What major challenges could the Next Generation OSS and BSS Market face in the future?
โข What segments are covered in the Next Generation OSS and BSS Market?
โข Who are the leading companies and what are their portfolios in Next Generation OSS and BSS Market?
โข What segments are covered in the Next Generation OSS and BSS Market?
โข Who are the key players in the Next Generation OSS and BSS market?
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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