Press release
Operations Support System (OSS) Market to Witness Remarkable Growth by 2030 | Ericsson, Nokia, Amdocs
According to HTF MI, "Global Operations Support System (OSS) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Operations Support System (OSS) Market is anticipated to grow at a compound annual growth rate (CAGR) of 20% from 2024 to 2030, reaching USD 1.2 Billion in 2024 and USD 7.9 Billion by 2030.Operations Support System (OSS) refers to a set of software applications and systems used by telecommunications service providers to manage their network operations, service provisioning, and customer support activities. OSS helps in monitoring network performance, managing inventory, handling billing and customer support, and ensuring efficient service delivery.
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Key and developing players who have been highlighted as part of the coverage include Ericsson AB (Sweden), Nokia Corporation (Finland), Amdocs Limited (Cyprus), IBM Corporation (United States), Hewlett Packard Enterprise (HPE) Company (United States), Atos SE (France), Capgemini SE (France), CGI Inc. (Canada), Software AG (Germany).
Operations Support System (OSS)
Market Drivers
• Increasing Complexity of Telecommunication Networks
• Growing Need for Operational Efficiency
Market Trend
• Focus on Network Virtualization and Software-defined Networking
• Integration of OSS with Business Support Systems
Market Opportunities
• 5G Network Deployments
• Digital Transformation Initiatives
Market Restraints
• High Implementation and Integration Costs
• Security and Data Privacy Concerns
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Key Market Segmentation:
The report has categorized the Operations Support System (OSS) market based on type, distribution channel, and region.
Market Breakdown by Applications:
• Large, SME
Market Breakdown by Types:
• Revenue Management, Service Fulfilment, Service Assurance, Customer Management, Network Management Systems
Report Scope
The Market size value in 2024 (USD 1.2 Billion) Revenue Forecast by 2033 (USD 7.9 Billion)
Growth Rate CAGR Of (20%) Historical Years (2019-2023)
Base Year (2023)
Estimated Year (2024)
Short-Term Projection Year (2030)
Regions Covered (North America, Europe, the Middle East and Africa, Latin America, and the rest of the world)
Note: With the help of the Growth Overview Charts, Historical Period Analysis, Forecast Period Analysis, Main Market Segmentation, Leading Key Market Players, TOC, List of Figures, and List of Tables in this report, you can get a thorough overview of the market.
Competitive Landscape:
Along with studying the profiles of the key players, the industry's competitive environment has also been examined. Players profiled are Ericsson AB (Sweden), Nokia Corporation (Finland), IBM Corporation (United States), Hewlett Packard Enterprise (HPE) Company (United States), Atos SE (France), Capgemini SE (France), CGI Inc. (Canada), Software AG (Germany)
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Key highlights of the report:
• Operations Support System (OSS) Market Performance (2019-2023)
• Operations Support System (OSS) Market Outlook (2024-2030)
• Operations Support System (OSS) Market Trends
• Operations Support System (OSS) Market Drivers and Success Factors
• SWOT Analysis
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
Ask the Analyst for Customization and Explore the full report with TOC & List of Figures: https://www.htfmarketintelligence.com/report/global-operations-support-system-oss-market
We will supply any particular information you need as part of the modification if it falls outside the present purview of the report.
Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketintelligence.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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