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Cloud OSS BSS Market Thrives On Advancements In Cloud-Based Technologies Trend: A Crucial Influence on the Cloud OSS BSS Market's Transformation in 2025
Cloud OSS BSS Market
The anticipated rise in the utilisation of 5G is predicted to fuel the expansion of the cloud OSS BSS market. 5G or the fifth-generation mobile network is a wireless technology designed to cater to a larger number of users with peak data rates reaching several gigabits per second (Gbps), ultra-low latency, enhanced stability, significant network capacity, and a uniform user experience. The advent of 5G enables service providers to offer an array of use cases, necessitating the automation in both the front-end and back-end of the OSS/BSS architecture. For example, by the end of March 2024, as per GSAcom, a non-profit UK-based organization representing firms within the mobile ecosystem, GSA has tracked 585 operators from 175 countries and territories investing in 5G in various forms such as trials, acquisition of licenses, planning, network roll-out, and introductions. Out of these, 153 operators in 71 countries have initiated or soft-launched 5G fixed wireless access services based on 3GPP standards, which makes up just over 48% of those with established 5G services. Moreover, the count of announced 5G devices in 2024 has seen a surge of over 107% since the onset of 2022, with a total of 2,601 devices recorded. Therefore, the growing uptake of 5G is a major driver for the growth of the cloud OSS BSS market.
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How will the growth rate of the cloud oss bss market shape industry trends by 2034?
The market size of cloud OSS BSS has experienced a swift expansion in the last few years. There will be a surge from $26.5 billion in 2024 to $29.32 billion in 2025, presenting a compound annual growth rate (CAGR) of 10.7%. The growth seen in the historical phase is credited to factors such as the evolution of telecom networks, a growing subscriber base, escalating market competition and innovation, a surge in demand for real-time data, the globalization of telecom procedures, a strong focus on customer experience, and adherence to data privacy and compliance.
In the coming years, the cloud OSS BSS market size is predicted to experience significant expansion, reaching a valuation of $51.25 billion by 2029 with a compound annual growth rate (CAGR) of 15.0%. Factors contributing to this growth during the forecast period include concerns related to cybersecurity, digital transformation projects, subscription-based business structures, convergence of telecom networks, the emphasis on operational efficiency, and regulatory backing for telecom innovations. Key trends during the forecast period encompass the shift towards cloud-based solutions, the incorporation of artificial intelligence (AI) and machine learning, 5g network expansions, matters of security and compliance, service orchestration and automation, deployments of hybrid and multi-cloud, along with customer experience management.
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What trends are poised to drive the future success of the cloud oss bss market?
In the cloud OSS BSS sector, leading firms are focusing on technological enhancements like AI-powered analytics and automation solutions to improve operational efficiency and the quality of telecom services. The Telecom Data Cloud serves as an integrated platform enabling telecom service providers to securely handle and scrutinise data in real-time, thus fostering cross-functional business collaboration to accelerate innovation and optimize operational efficiency. For example, in February 2023, Snowflake Inc., a prominent cloud data platform in the US, unveiled the Telecom Data Cloud. This amalgamates Snowflake's data platform, Snowflake-, and partner-offered solutions, as well as sector-specific datasets. The Telecom Data Cloud enables telecom service providers to dismantle data barriers within and across companies. This facilitates rapid, secure data access in near real-time, enhances it with machine learning models, and encourages data sharing and assessment for informed decision-making.
Which primary segments of the cloud oss bss market are driving growth and industry transformations?
The cloud OSS BSS market size has grown rapidly in recent years. It will grow from $26.5 billion in 2024 to $29.32 billion in 2025 at a compound annual growth rate (CAGR) of 10.7%. The growth in the historic period can be attributed to telecom network evolution, increasing subscriber base, market competition and innovation, demand for real-time data, globalization of telecom operations, focus on customer experience, data privacy and compliance.
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Which geographical regions are pioneering growth in the cloud oss bss market?
North America was the largest region in the cloud OSS BSS market in 2024. Asia-Pacific is expected to be the fastest-growing region in the cloud OSS BSS market report forecast period. The regions covered in the cloud OSS BSS market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the cloud oss bss market landscape?
Major companies operating in the cloud OSS BSS market are Huawei Technologies Co. Ltd., Optiva Inc., International Business Machines Corporation, NetCracker Technology Corp., Nokia Corporation, Amdocs Limited, Oracle Corporation, ZTE Corporation, Telefonaktiebolaget LM Ericsson, Hewlett Packard Enterprise Company, MYCOM OSI Ltd., accenture* PLC, Subex Limited, Comviva Technologies Limited, TEOCO Corporation, MDS Global Ltd., Sigma Systems Canada LP (A Hansen Technologies Company), Cerillion PLC, TIBCO Software Inc., Sterlite Technologies Limited, Alepo Technologies Inc., MATRIXX Software Inc., Telarix Inc., DigitalRoute AB, UXP Systems Inc., Viavi Solutions Inc., Aricent Inc., BearingPoint Holding B.V.
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What Is Covered In The Cloud OSS BSS Global Market Report?
• Market Size Forecast: Examine the cloud oss bss market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the cloud oss bss market for a structured understanding.
• Key Players Overview: Analyze major players in the cloud oss bss market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the cloud oss bss market.
• Segment Contributions: Evaluate how different segments drive overall growth in the cloud oss bss market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the cloud oss bss market.
• Industry Challenges: Identify potential risks and obstacles affecting the cloud oss bss market.
• Competitive Landscape: Review strategic developments in the cloud oss bss market, including expansions, agreements, and new product launches.
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