openPR Logo
Press release

OSS & BSS Market to Hit USD 148.3 Billion at 9.4% CAGR by 2033 | IMARC Group

12-19-2024 10:54 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

OSS & BSS Market to Hit USD 148.3 Billion at 9.4% CAGR by 2033 | IMARC

๐†๐ฅ๐จ๐›๐š๐ฅ ๐Ž๐’๐’ & ๐๐’๐’ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ: ๐Š๐ž๐ฒ ๐’๐ญ๐š๐ญ๐ข๐ฌ๐ญ๐ข๐œ๐ฌ ๐š๐ง๐ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘

๐’๐ฎ๐ฆ๐ฆ๐š๐ซ๐ฒ:

โ— The globalย oss & bss market size reached USD 65.8 Billion in 2024.
โ— The market is expected to reach USD 148.3 Billion by 2033, exhibiting a growth rate (CAGR) of 9.4% during 2025-2033.
โ— North America leads the market, accounting for the largest oss & bss market share.
โ— AI and automation allow OSS and BSS systems to handle tasks automatically. This reduces manual work, speeds up processes, and increases efficiency.
โ— IoT devices generate large amounts of data. They require immediate processing and analysis.
โ— OSS and BSS systems use advanced analytics and data processing. They analyze IoT data to find useful insights. By combining these features, they reveal patterns and support informed decisions.
โ— These insights are crucial. They forecast maintenance, enhance performance, and simplify new services.
โ— AI, automation, and IoT drive OSS and BSS evolution. These systems gain new capabilities, adapting to our increasingly digital landscape. Their transformation enhances operations and customer support in the modern era.

๐†๐ซ๐š๐› ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/oss-bss-market/requestsample

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

โ— ๐Ÿ“๐† ๐๐ž๐ญ๐ฐ๐จ๐ซ๐ค ๐ƒ๐ž๐ฉ๐ฅ๐จ๐ฒ๐ฆ๐ž๐ง๐ญ ๐š๐ง๐ ๐„๐ฏ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง:

The OSS and BSS market is growing mainly due to the rollout of 5G networks. 5G offers faster speeds, more capacity, and lower latency. It also paves the way for new services. Telecom operators now need advanced OSS and BSS to manage these networks. These systems must handle more data, enable network slicing, and provide real-time insights. As a 5G networks expand, the demand for better OSS and BSS will rise, thus boosting the market.

โ— ๐ƒ๐ข๐ ๐ข๐ญ๐š๐ฅ ๐“๐ซ๐š๐ง๐ฌ๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐‚๐ฅ๐จ๐ฎ๐-๐๐š๐ฌ๐ž๐ ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:

Digital transformation rides on cloud computing's wings, reshaping telecom. Scalable, flexible cloud-based OSS & BSS solutions slash IT costs. They streamline operations and accelerate service delivery. By linking diverse systems and data, these technologies empower decision-making. As adoption spreads, demand for cloud-native solutions soars. Telecom operators embrace this cost-efficient revolution, transforming their industry's landscape. The future of telecommunications unfolds in the cloud, promising agility and innovation.

โ— ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ž๐ซ ๐„๐ฑ๐ฉ๐ž๐ซ๐ข๐ž๐ง๐œ๐ž ๐Œ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ ๐š๐ง๐ ๐€๐ˆ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

For telecom companies, improving the customer experience is a top priority. OSS and BSS systems are crucial for delivering great client experiences. They allow for quick support, offer personalized services, and proactively resolve issues. Use AI analytics and machine learning in OSS and BSS. They will analyze vast data, find patterns, and reveal customer behavior insights. Telecom operators can use AI to make informed decisions based on data. This can lead to higher customer satisfaction and improved network performance.

๐๐ฎ๐ฒ ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/checkout?id=5994&method=502

๐Ž๐’๐’ & ๐๐’๐’ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐‚๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ:

โ— Solution
โ— Services

Solution represents the largest segment due to its critical role in enabling telecommunications and service providers to manage their operations effectively.

๐๐ฒ ๐Ž๐’๐’ & ๐๐’๐’ ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง ๐“๐ฒ๐ฉ๐ž:

โ— Network Planning and Design
โ— Service Delivery
โ— Service Fulfillment
โ— Service Assurance
โ— Billing and Revenue Management
โ— Network Performance Management
โ— Customer and Product Management
โ— Others

Network planning and design accounts for the majority of the market share as it plays a critical role in ensuring efficient and effective telecommunications operations.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

โ— North America (United States, Canada)
โ— Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
โ— Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
โ— Latin America (Brazil, Mexico, Others)
โ— Middle East and Africa

North America enjoys the leading position in the OSS & BSS market on account of stringent regulatory requirements and a competitive market landscape.

๐“๐จ๐ฉ ๐Ž๐’๐’ & ๐๐’๐’ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‹๐ž๐š๐๐ž๐ซ๐ฌ:

The OSS & BSS market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

โ— Amdocs
โ— Cisco Systems Inc.
โ— Comarch SA
โ— Hewlett Packard Enterprise Development LP
โ— Huawei Technologies Co. Ltd.
โ— Infosys Limited
โ— Netcracker Technology Corporation (NEC Corporation)
โ— Nokia Corporation
โ— Oracle Corporation
โ— Suntech S.A.
โ— Telefonaktiebolaget LM Ericsson

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/request?type=report&id=5994&flag=C

๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ซ๐ž๐ช๐ฎ๐ข๐ซ๐ž ๐š๐ง๐ฒ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐จ๐ฏ๐ž๐ซ๐ž๐ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ž ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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 OSS & BSS Market to Hit USD 148.3 Billion at 9.4% CAGR by 2033 | IMARC Group here

News-ID: 3792446 • Views: โ€ฆ

More Releases from IMARC Group

Bicycle Tyres Manufacturing Plant Report 2025: Industry Trends and Investment Insights
Bicycle Tyres Manufacturing Plant Report 2025: Industry Trends and Investment In โ€ฆ
Setting up a bicycle tyres manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations. IMARC Group's report titled "Bicycle Tyres Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a bicycle tyresโ€ฆ
Glass Fiber Reinforced Polymer (GFRP) Manufacturing Plant Setup 2025: Machinery Cost, and Profit Analysis
Glass Fiber Reinforced Polymer (GFRP) Manufacturing Plant Setup 2025: Machinery โ€ฆ
Setting up a glass fiber reinforced polymer (GFRP) manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations. IMARC Group's report titled "Glass Fiber Reinforced Polymer (GFRP) Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensiveโ€ฆ
Plastic Manufacturing Plant 2025: Project Report, Business Plan, and Cost Analysis
Plastic Manufacturing Plant 2025: Project Report, Business Plan, and Cost Analys โ€ฆ
Setting up a plastic manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations. IMARC Group's report titled "Plastic Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a plastic manufacturing plant cost,โ€ฆ
Chicken Processing Plant Cost 2025: Setup Details, Capital Investments, and Business Plan
Chicken Processing Plant Cost 2025: Setup Details, Capital Investments, and Busi โ€ฆ
Setting up a chicken processing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations. IMARC Group's report titled "Chicken Processing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a chicken processing plant, coveringโ€ฆ

All 5 Releases


More Releases for OSS

Global Cloud OSS/BSS Market Size by Application, Type, and Geography: Forecast t โ€ฆ
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 demandโ€ฆ
OSS/BSS Market Industry Analysis - OSS/BSS Market Size Driven by Recent Developm โ€ฆ
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 theโ€ฆ
OSS/BSS Market in OSS Solutions Segment is Projected to Account Highest Industry โ€ฆ
The OSS solutions segment holds a majority share accounting for nearly 50% of the OSS/BSS market in 2017 and is expected to hold a dominant share throughout the forecast timeline. The growing need among telecom service providers to outsource the operation support services is the primary factor driving the market. In this segment, the inventory management segment is estimated to hold a major share of over 40% by 2024 dueโ€ฆ
OSS BSS System and Platform Market - Service Assurance Solutions to Retain Domin โ€ฆ
The global operation support system (OSS) and business support system (BSS) system and platform market is poised to witness lucrative growth opportunity in the forthcoming years, according to Transparency Market Research (TMR). The report states that the top five market players hold approximately 40% of the overall market share in 2015, indicating towards a highly fragmented landscape. The prominent vendors in the global OSS BSS system and platform market areโ€ฆ
OSS BSS System and Platform Market: Increasing Adoption of Convergent Billing Sy โ€ฆ
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 toโ€ฆ
OSS/BSS Market - Rising Demand for Converged Billing to Aid Implementation of OS โ€ฆ
According to Transparency Market Research, the global OSS/BSS market is dominated by Ericsson, Accenture, and Amdocs, who collectively accounted for 27.9% of the market in 2012. Beyond these three, however, the next seven companies collectively accounted for around 22% of the market, and the degree of fragmentation is even higher beyond the top ten key players. Overall, the global OSS/BSS market is moderately fragmented and includes several small-scale producers. Industryโ€ฆ