Press release
Cloud OSS BSS Market Size Forecasted To Achieve $51.25 Billion By 2029 With Steady Growth
Cloud OSS BSS
What Is the Cloud OSS BSS Market Size and Projected Growth Rate?
The market size for cloud OSS BSS has experienced fast-paced growth in the past few years. The market is expected to propel from $26.5 billion in 2024 to $29.32 billion in 2025, with a compound annual growth rate (CAGR) of 10.7%. The historic growth in the market is primarily due to factors such as the evolution of telecom networks, a growing subscriber base, competitive and innovative market approaches, the need for real-time data, the expansion of global telecommunications operations, a heightened focus on customer experience, and concerns over data privacy and compliance.
In the coming years, the cloud OSS BSS market is projected to experience a swift expansion. It is set to escalate to $51.25 billion by 2029, with a compound annual growth rate (CAGR) of 15.0%. The predicted growth within this period can be linked to various factors such as concerns over cybersecurity, digitally transformative initiatives, recurring subscription-based business models, convergence in telecom networks, a drive towards operational efficiency, and regulatory backing for telecom innovations. Major trends forecasted during this period encompass transition towards cloud-based solutions, AI and machine learning incorporation, rollouts of 5G networks, emphasis on security & compliance, orchestration and automation of services, hybrid & multi-cloud deployments, and management of customer experiences.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7982
What Are the Major Segments in the Cloud OSS BSS Market?
The cloud OSS BSS market covered in this report is segmented -
1) By Component: Solution, Services
2) By Cloud Type: Public Cloud, Private Cloud, Hybrid Cloud
3) By Operator Type: Mobile Operator, Fixed Operator
4) By Organization Size: Large enterprises, SMEs
5) By Industry Vertical: IT And Telecom, BFSI, Media And Entertainment, Retail And E Commerce, Other Industrial Verticals
Subsegments:
1) By Solution: Billing And Revenue Management, Customer Relationship Management (CRM), Order Management, Service Assurance, Network Management, Analytics And Reporting
2) By Services: Consulting Services, Implementation Services, Managed Services, Support And Maintenance, Training And Education
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7982&type=smp
What Are The Driving Cloud OSS BSS Market Evolution?
The cloud OSS BSS market's expansion is anticipated to be spurred by an uptick in 5G adoption in the future. The fifth-generation mobile network, or 5G, is a wireless technology designed to accommodate more users with peak data rates in the gigabits per second (Gbps) range, incredibly low latency, improved stability, vast network capacity, and a uniformly excellent user experience. The advent of 5G enables service providers to offer a plethora of use cases, necessitating automation of the OSS/BSS infrastructure at both the front and back ends. For example, GSAcom-a non-profit based in the UK advocating for companies in the mobile ecosystem-reported in May 2024 that 585 operators in 175 countries and territories were investing in 5G through trials, license acquisition, planning, network deployment, and launches as of the end of March 2024. Of those with launched 5G services, just over 48% or 153 operators in 71 countries and territories had launched or softly launched 5G fixed wireless access services based on 3GPP standards. Moreover, in 2024, there is a surge of more than 107% in announced 5G devices since the beginning of 2022, with 2,601 devices on record. Consequently, the increase in 5G adoption promotes growth in the cloud OSS BSS market.
Which Firms Dominate The Cloud OSS BSS Market Segments?
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.
What Trends Are Expected to Dominate the Cloud OSS BSS Market in the Next 5 Years?
Technological advancements such as AI-enabled analytics and automation systems are prioritised by key players in the cloud OSS BSS sector to bolster operational efficiency and telecommunication services customer experience. A unified platform, Telecom Data Cloud, offers telecommunication service providers the ability to safely administer and process data in real-time, enhancing cross-functional synergy for innovation and operational improvement. In February 2023, for example, Snowflake Inc., a cloud data platform firm based in the US, introduced the Telecom Data Cloud. This merges Snowflake's data platform with solutions delivered by Snowflake and partners, and also industry-specific datasets. It assists telecommunication service providers in overcoming in-company and ecosystem-wide data silos, enabling organisations to rapidly and safely acquire data, enrich it with machine learning (ML) models for near real-time access, and then distribute and examine it to facilitate improved decision-making.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/cloud-oss-bss-global-market-report
Which Is The Largest Region 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Cloud OSS BSS Market?
2. What is the CAGR expected in the Cloud OSS BSS Market?
3. What Are the Key Innovations Transforming the Cloud OSS BSS Industry?
4. Which Region Is Leading the Cloud OSS BSS Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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 Cloud OSS BSS Market Size Forecasted To Achieve $51.25 Billion By 2029 With Steady Growth here
News-ID: 3969482 • Views: …
More Releases from The Business Research Company
Seed Treatment Fungicides Market to Grow at 9.3% CAGR, Reaching $3.15 Billion by …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Seed Treatment Fungicides Market Outlook: How is the Market Expected to Grow by 2025?
Over the past few years, the market for seed treatment fungicides has seen robust growth. Its market value is projected to rise from $2.07 billion in 2024 to $2.21 billion in 2025, signifying a compound annual…
Rheology Modifiers Market Growth to be Driven by Emerging Trends | $10.92 Billio …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Rheology Modifiers Industry?
There has been a consistent expansion in the size of the rheology modifiers market in the past few years. The market, which was worth $8.59 billion in 2024, is projected to increase to $8.89 billion in 2025, demonstrating a compound…
Polyurethane Foam Market to Record 8.4% CAGR Growth Through 2029 | Global Analys …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Polyurethane Foam Market Outlook: How is the Market Expected to Grow by 2025?
In recent years, the size of the polyurethane foam market has experienced substantial growth. It is projected to increase from a value of $54.27 billion in 2024 to $57.26 billion in 2025, indicating a compound annual growth…
Pharmaceutical Intermediates Market Size to Reach $46.04 Billion by 2029 | Growt …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Pharmaceutical Intermediates Industry?
There has been consistent growth in the market size of pharmaceutical intermediates over the past few years. The market is predicted to increase from a value of $33.37 billion in 2024, up to $34.95 billion in 2025, with a compound…
More Releases for OSS
Global Cloud OSS/BSS Market Size by Application, Type, and Geography: Forecast t …
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 demand…
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 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…
