What Is The Leading Driver Behind Elevated 5G Adoption Powers Growth In The Cloud OSS BSS Market Market Expansion in 2025

Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Will the Cloud OSS BSS Industry Market Size Be by 2025?
The market size for cloud oss bss has experienced robust growth in the past few years. Its valuation is projected to escalate from $26.5 billion in 2024 to $29.08 billion in 2025, indicating a compound annual growth rate (CAGR) of 9.8%. This substantial growth during the historic period is the result of several factors including the evolution of the telecom network, a growing number of subscribers, intense market competition and innovation, the need for real-time data, the globalization of telecom operations, emphasis on customer experience, and attention to data privacy and compliance.

What's the Long-Term Growth Forecast for the Cloud OSS BSS Market Size Through 2029?
Over the coming years, there will be a substantial increase in the size of the cloud oss bss market, which is predicted to reach $50.15 billion by 2029 with a CAGR of 14.6%. This impending growth during the forecasted period can be traced back to several factors such as concerns over cybersecurity, digital transformation initiatives, the adoption of subscription-based business models, the convergence of telecom networks, a dedicated focus on operational efficacy, and regulatory facilitation for advancements in telecom. Furthermore, the forecast period is expected to witness major trends including the switch to cloud-based solutions, amalgamation of AI and machine learning, the introduction of 5G network, issues related to security and compliance, orchestration and automation of services, mixed and multiple cloud deployments, and management of customer experience.

View the full report here:
https://www.thebusinessresearchcompany.com/report/cloud-oss-bss-global-market-report

What Are the Key Growth Drivers Fueling the Cloud OSS BSS Market Expansion?
The expansion of 5G technology is projected to stimulate the development of the cloud OSS BSS market. The fifth-generation wireless network or 5G aims to accommodate more users, provide peak data rates exceeding multiple gigabits per second (Gbps), ensure lower latency, enhance reliability, increase network capacity, and deliver a more uniform user experience. With the capabilities 5G brings, service providers can exploit a range of use cases, demanding the automation of OSS/BSS infrastructure at both front and back ends. For example, as reported by GSAcom, a UK nonprofit organization representing firms in the mobile ecosystem, by the closure of March 2024, GSA had marked 585 operators in 175 regions and countries investing in 5G, via trials, acquiring licenses, planning, network deployment, and launches. 153 operators across 71 countries and regions launched or soft-launched 5G fixed wireless access services as per 3GPP standards, amounting to just over 48% of those with launched 5G services. Moreover, in 2024, the quantity of affirmed 5G devices escalated over 107% since the inception of 2022, with a record of 2,601 devices. Consequently, the rise in 5G acceptance fuels the growth of the cloud OSS BSS market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7982&type=smp

What Are the Key Trends Driving Cloud OSS BSS Market Growth?
Leading businesses in the cloud OSS BSS marketplace emphasize technical enhancements like AI-driven analytics and automation tools to improve operational effectiveness and customer satisfaction in telecom services. The Telecom Data Cloud is an integrated platform enabling telecom service providers to manage and study data securely in real-time, fostering cooperation among diverse business segments to encourage innovation and boost operational performance. For example, in February 2023, the US firm Snowflake Inc. introduced Telecom Data Cloud, integrating Snowflake's data platform, solutions developed in collaboration with partners, and datasets specific to the industry. The Telecom Data Cloud facilitates breaking down of data barriers within companies and the broader ecosystem, by allowing organizations to swiftly and safely fetch data in near real-time, enrich it with machine learning models, and subsequently share and study it for improved decision-making.

How Is the Cloud OSS BSS Market Segmented?
The cloud oss bssmarket 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

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=7982&type=smp

Which Companies Are Leading the Charge in Cloud OSS BSS Market Innovation?
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.

Which Regions Are Leading the Global Cloud OSS BSS Market in Revenue?
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.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7982

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Speak With Our Expert:
Saumya Sahay,
Americas: +1 310-496-7795,
Asia: +44 7882 955267 & +91 8897263534,
Europe: +44 7882 955267,
Email: saumyas@tbrc.info

The Business Research Company - www.thebusinessresearchcompany.com

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company

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.