Press release
Operations Support Systems And Business Support Systems (OSS And BSS) Market Share Set to Reach $106.63 Billion by 2029 with 11.2% Yearly Growth
Operations Support Systems And Business Support Systems OSS And BSS Market Share
A rise in the demand for cybersecurity solutions is projected to boost the expansion of the OSS and BSS Market Share. Cybersecurity solutions encompass various technologies, methods, and strategies designed to defend digital systems, networks, and data from unauthorized intrusion, cyberattacks, and other potential hazards. The escalating dependence on digital infrastructure, interconnected systems, and the growing complexity of cyber threats call for ongoing development and adoption of cybersecurity solutions to protect sensitive data and crucial resources. Operations support systems (OSS) and business support systems (BSS) promote cybersecurity by scrutinizing network activities, managing customer data securely, and fulfilling the obligations of regulatory standards for telecommunication service providers. For example, in April 2023, the Department for Science, Innovation, and Technology, a UK government body, reported that cybercrime had impacted 11% of businesses and 8% of charities in the preceding 12 months, with these figures rising to 26% for medium-sized companies, 37% for large firms, and 25% for affluent charities. Moreover, in February 2023, the Australian Cyber Security Centre, an Australian cybersecurity agency, stated that the number of reported cybercrimes in 2022 was 76,000, a 13% increase from the prior year. Thus, the rising demand for cybersecurity solutions is fueling the growth of the OSS/BSS Market Share.
Get Your Operations Support Systems And Business Support Systems (OSS And BSS) Market Share Report Here:
https://www.thebusinessresearchcompany.com/report/operations-support-systems-and-business-support-systems-oss-and-bss-global-Market Share-report
What Is the projected Market Share size and growth rate for the operations support systems and business support systems (oss and bss) Market Share?
The Market Share size for operations support systems and business support systems (OSS and BSS) has experienced substantial growth in the recent past. The Market Share is projected to increase from $61.69 billion in 2024 to $69.78 billion in 2025, with a compound annual growth rate (CAGR) of 13.1%. The historic growth is due to the emergence of virtual network operators, an escalating demand for cybersecurity measures, a need for instantaneous analytics, requirements for consolidated billing systems, and a rising complexity within telecom networks.
The Market Share size for operations support systems and business support systems (OSS And BSS) is projected to experience a significant expansion in the forthcoming years. It's projected to escalate to $106.63 billion by 2029, with a compound annual growth rate (CAGR) of 11.2%. The projected expansion during this period can be linked to the escalating demand for scalable and cloud-based solutions, increasing needs for IoT connectivity management, growing 5G networks demand, and the need for network automation. Key trends expected in this period include the application of artificial intelligence and machine learning, the widening of broadband networks, the incorporation of blockchain technology, amalgamation of Internet of Things (IoT) platforms, and technological progression.
Get Your Free Sample Now - Explore Exclusive Market Share Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14446&type=smp
What new trends are reshaping the operations support systems and business support systems (oss and bss) Market Share and its opportunities?
Major firms engaged in the OSS/BSS Market Share are prioritizing technological innovations like the application of low-code platforms for development and automation, to establish a competitive position in the Market Share. The use of low-code platforms boosts the speed and simplicity of creating OSS and BSS solutions by diminishing the requirement for extensive coding expertise. It also paves the way for businesses and organizations to adapt and implement OSS and BSS solutions to meet their unique demands. As an illustration, in November 2023, Cerillion, a telecommunications company based in the UK, unveiled Cerillion 23.2, a revised version of its BSS and OSS assortment. The updated version incorporates generative artificial intelligence (GenAI) to bring a radical transformation in the product lifecycle for communications service providers (CSPs). This innovation allows product managers to employ natural language voice and text instructions to outline offerings, and GenAI promptly constructs the corresponding product catalog configuration for validation and introduction into the Market Share.
What major Market Share segments define the scope and growth of the operations support systems and business support systems (oss and bss) Market Share?
The operations support systems and business support systems (OSS And BSS) Market Share covered in this report is segmented -
1) By Component: Solution, Services
2) By Deployment Mode: On-Premises, Cloud-Based
3) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
4) By Industry Vertical: Information Technology (IT) And Telecommunication, Banking, Financial Services And Insurance (BFSI), Media And Entertainment, Retail And E-Commerce, Other Industry Verticals
Subsegments:
1) By Solution: Revenue Management, Customer Management, Product Management, Order Management, Network Management, Service Assurance, Inventory Management, Billing and Charging
2) By Services: Consulting Services, System Integration Services, Managed Services, Maintenance and Support Services, Training and Education Services
Unlock Exclusive Market Share Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14446
Which region dominates the operations support systems and business support systems (oss and bss) Market Share?
North America was the largest region in the OSS and BSS Market Share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the operations support systems and business support systems (OSS and BSS) Market Share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key Market Share leaders are driving the operations support systems and business support systems (oss and bss) industry growth?
Major companies operating in the operations support systems and business support systems (OSS and BSS) Market Share are Huawei Technologies Co. Ltd., International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Hewlett Packard Enterprise (HPE), Ericsson, Nokia Corporation, Infosys Limited, ZTE Corporation, CAPGEMINI SE, Amdocs Limited, Netcracker Technology, CSG International, TIBCO Software Inc., Calix Inc., Sterlite Technologies Limited, Subex Limited, TEOCO Corporation, Comviva, Alepo Technologies Inc., Optiva Inc., OPTELECOM, Matrixx Software Inc., Neural Technologies Limited, THE SIGMA GROUP
Customize Your Report - Get Tailored Market Share Insights!
https://www.thebusinessresearchcompany.com/customise?id=14446&type=smp
What Is Covered In The Operations Support Systems And Business Support Systems (OSS And BSS) Global Market Share Report?
•Market Share Size Forecast: Examine the operations support systems and business support systems (oss and bss) Market Share size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the operations support systems and business support systems (oss and bss) Market Share for a structured understanding.
•Key Players Overview: Analyze major players in the operations support systems and business support systems (oss and bss) Market Share, including their Market Share value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the operations support systems and business support systems (oss and bss) Market Share.
•Segment Contributions: Evaluate how different segments drive overall growth in the operations support systems and business support systems (oss and bss) Market Share.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the operations support systems and business support systems (oss and bss) Market Share.
•Industry Challenges: Identify potential risks and obstacles affecting the operations support systems and business support systems (oss and bss) Market Share.
•Competitive Landscape: Review strategic developments in the operations support systems and business support systems (oss and bss) Market Share, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Operations Support Systems And Business Support Systems (OSS And BSS) Market Share Set to Reach $106.63 Billion by 2029 with 11.2% Yearly Growth here
News-ID: 3914785 • Views: …
More Releases from The Business Research Company
In-Depth Analysis of the Wind Market: Growth Opportunities, Key Trends, and Fore …
What Market Sizedynamics are playing a key role in accelerating the growth of the wind market?
The wind market's expansion is predicted to be driven by a burgeoning demand for renewable energy sources. These renewable power sources, which are replenished naturally over the human timescale without diminishing, are becoming more popular due to environmental considerations, political regulations, and climate objectives. Wind power plays a crucial role in renewable energy plans, offering…
A Deep Dive into Vitamin D Testing Market Size2025: Key Drivers, Growth Factors, …
Which drivers are expected to have the greatest impact on the over the vitamin d testing market's growth?
An increase in awareness about disorders originating from vitamin D deficiency is predicted to fuel the expansion of the vitamin D testing market. A vitamin D deficiency disorder is a health condition that arises when there is not enough vitamin D in the body, influencing calcium absorption adversely and causing problems like fragile…
Rising Neurodegenerative Disorders Fuel Growth In Vinpocetine Market SizeDriver: …
What industry-specific factors are fueling the growth of the vinpocetine market?
The upward trend in neurodegenerative condition cases is anticipated to boost the vinpocetine market's expansion. Neurodegenerative conditions involve a multitude of illnesses marked by the slow decay or death of nerve cells, known as neurons, in the brain or spinal cord. Numerous elements, including the growing elderly populace, unhealthy lifestyle choices, genetic predispositions, and environmental influences contribute to the escalating…
Impact of Rising Pet Ownership On The Growth Of The Veterinary Clinical Trials M …
What combination of drivers is leading to accelerated growth in the veterinary clinical trials market?
The veterinary clinical trials Market Sizeis poised for growth, driven by the increasing population of pet owners. Possessing and caring for one or more pets, referred to as pet ownership, is on the rise due to various reasons. These include the need for company, the therapeutic effects of pets, and enhanced understanding of their positive influence…
More Releases for OSS
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…
OSS/BSS Market in OSS Solutions Segment is Projected to Account Highest Industry …
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 due…
OSS BSS System and Platform Market - Service Assurance Solutions to Retain Domin …
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 are…
OSS BSS software Market: Highlighting New Strategic Objectives, Increased Adopti …
Operations support systems (OSS) refers to specialized software through which a telecom network supports different components within the system such as network operations, service management, and provisioning services. Business support systems (BSS) refers to software that handles tasks such as customer support processes, billing services, order management, and fraud management.
Research analysts forecast the global OSS BSS software market to grow at a CAGR of 14.59% during the period 2017-2021.
Covered in…
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…
OSS/BSS Market - Rising Demand for Converged Billing to Aid Implementation of OS …
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.
Industry…
