Increasing Demand For Cybersecurity Solutions Propels OSS And BSS Market Growth: A Significant Driver Propelling The Operations Support Systems And Business Support Systems (OSS And BSS) Market In 2025

The Operations Support Systems And Business Support Systems (OSS And BSS) Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Operations Support Systems And Business Support Systems (OSS And BSS) Market Size and Projected Growth Rate?
The market size for operations support systems and business support systems (OSS And BSS) has seen a swift expansion in recent years. The sector is projected to escalate from $61.69 billion in 2024 to $69.78 billion in 2025, marking a compound annual growth rate (CAGR) of 13.1%. This growth in the historic period is linked to the increase of virtual network operators, heightened need for cybersecurity solutions, the demand for immediate analytics, the requirement for consolidated billing systems, and the rising complexity of telecom networks.

The market size of the operations support systems and business support systems (OSS And BSS) is forecasted to experience a swift escalation in the approaching years. The market is predicted to increase to $106.63 billion by 2029, with a compound annual growth rate (CAGR) of 11.2%. This rise over the forecast period can be accredited to the escalating demand for scalable, cloud-based solutions, and the growth of IoT connectivity management. Additionally, the increasing need for 5G networks and network automation are contributing factors. Predominant trends within this period encompass the incorporation of artificial intelligence and machine learning, the expansion of broadband networks, the adaptation of blockchain technology, the integration of Internet of Things (IoT) platforms, and advanced technological progression.

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What Are the Major Segments in the Operations Support Systems And Business Support Systems (OSS And BSS) Market?
The operations support systems and business support systems (OSS And BSS) market 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

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What Are The Driving Operations Support Systems And Business Support Systems (OSS And BSS) Market Evolution?
The escalating requirement for solutions in cybersecurity is anticipated to drive the expansion of the OSS and BSS market. These solutions encompass a variety of technologies, strategies, and rules designed to shield digital systems, networks, and data from unauthorized intrusion, cyber assaults, and other possible hazards. The increasing dependence on digital infrastructures, interconnected systems, and the escalating complexity of cyber threats warrant the unending innovation and implementation of cybersecurity solutions to protect sensitive information and crucial assets. Operation support systems (OSS) and business support systems (BSS) aid in cybersecurity by supervising network operations, managing consumer data securely, and ensuring compliance with regulatory mandates for telecom service providers. For instance, in April 2023, the Department for Science, Innovation, and Technology, a UK government agency, reported that cybercrime afflicted 11% of businesses and 8% of charities in the past year, this figure amplified to 26% of medium businesses, 37% of large businesses, and 25% of high-income charities. Additionally, in February 2023, according to the Australian Cyber Security Centre, in 2022, cybercrime reports increased by 13% from the previous year, with 76,000 reported incidents. Consequently, the growing demand for cybersecurity solutions is fuelling the OSS/BSS market growth.

Which Firms Dominate The Operations Support Systems And Business Support Systems (OSS And BSS) Market Segments?
Major companies operating in the operations support systems and business support systems (OSS and BSS) market 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

What Trends Are Expected to Dominate the Operations Support Systems And Business Support Systems (OSS And BSS) Market in the Next 5 Years?
Leading firms in the OSS/BSS market are concentrating on technological innovations, such as the employment of low-code platforms for automation and development, to secure a market advantage. Using low-code platforms simplifies and accelerates the creation of OSS and BSS solutions by eliminating extensive coding requirements. This method also makes the deployment of OSS and BSS solutions that are customized to specific business needs more feasible. For example, the UK-based telecom company Cerillion announced the launch of Cerillion 23.2, an enhanced version of its BSS and OSS portfolio, in November 2023. This latest version utilizes generative artificial intelligence (GenAI) to overhaul the product lifecycle for communication service providers (CSPs). This upgrade allows product managers to use natural voice and text commands to outline offerings, and GenAI rapidly assembles the related product catalog configuration for validation and introduction.

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Which Is The Largest Region In The Operations Support Systems And Business Support Systems (OSS And BSS) Market?
North America was the largest region in the OSS and BSS market 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 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 Operations Support Systems And Business Support Systems (OSS And BSS) Market?
2. What is the CAGR expected in the Operations Support Systems And Business Support Systems (OSS And BSS) Market?
3. What Are the Key Innovations Transforming the Operations Support Systems And Business Support Systems (OSS And BSS) Industry?
4. Which Region Is Leading the Operations Support Systems And Business Support Systems (OSS And BSS) Market?

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