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Cloud Operation Support System (OSS) & Business Support System (BSS) Market , Outlook, Trends & Analysis 2022

05-11-2017 02:54 PM CET | IT, New Media & Software

Press release from: RNR Market Research

Cloud Operation Support System

Cloud Operation Support System

The cloud Operation Support System (OSS) Business Support System (BSS) market size is expected to grow from 11.67 billion in 2017 to USD 21.77 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 13.3% during the forecast period.

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The market is driven by factors, such as need for business agility, faster deployment and scalability, increasing awareness about cloud OSS BSS among Communication Service Providers (CSPs) globally, and reduced costs of ownership. However, CSPs face some obstacles while adopting cloud OSS BSS, such as security concerns and resistance to adopt cloud technologies.
The cloud OSS BSS market has been segmented based on types, solutions, services, deployment models, end-user types, and regions. The managed services segment is expected to grow at the highest CAGR during the forecast period and the professional services segment is projected to have the largest market size in 2017 in the cloud OSS BSS market. Cloud OSS BSS offers capabilities, such as service assurance, order management, real-time offer management, and integrated view of customer. Adoption of cloud OSS BSS services among the CSPs has increased due to benefits, such as improved scalability, lower infrastructure cost, faster deployments, improved productivity and performance, and decrease in business downtime and losses.
Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Research Assumptions and Limitations
2.4 Limitations
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities in the Cloud OSS BSS Market
4.2 Market Share of Deployment Models and Regions, 2017
4.3 Market Investment Scenario
5 Market Overview and Industry Trends
The public cloud deployment model is estimated to hold the largest market share. By using cloud OSS BSS, CSPs are developing new and better ways to enhance customer experience, while reducing operating expenses.

Access full report on Cloud OSS BSS Market by Type (Solution and Service), Solution (OSS and BSS), Service (Professional and Managed Services) at https://goo.gl/1c8U5K

The increasing adoption of customized cloud OSS BSS solutions and services, and the rising usage of convergent billing systems are driving CSPs globally to adopt cloud OSS BSS solutions. The enterprises which are implementing cloud OSS BSS are rapidly getting inclined toward deploying cloud-based services to store and manage their business-critical data.
North America is estimated to have the largest market share in 2017, whereas the Asia Pacific (APAC) region is projected to grow at the highest CAGR during the forecast period in the cloud OSS BSS market. Factors, such as the rising need for bundled services and shifting of workload to cloud environment are also driving the demand for cloud OSS BSS, globally.

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