Operations support system (OSS) is a computer system primarily used by telecommunication service providers for better managing their network. It is also used for provisioning services, which includes equipping the network to accommodate services and users and also customer service maintenance. Moreover, business support systems (BSS) are components that a telecommunication service provider uses to run its business operations towards customers. BSS, combined with OSS, provides support for various end-to-end telecommunication services. Furthermore, BSS and OSS have their own data and service responsibilities.
Market Dynamics
The cloud based OSS/BSS services is major trend in the global OSS/BSS market. The major companies are rapidly shifting towards public based system. Cloud based system enables effectively manage companies network. For instance, in July 2019, AT&T Inc. a US based telecom leader decided to invest in the public cloud infrastructure. Furthermore, as the competition among telecom companies is increasing, companies are adopting OSS/BSS services to offer better customer services OSS/BSS plays a pivotal role in the development of a convergent billing system. More and more operators are focused on establishing convergent charging.
However, factors such as stringent regulatory norms and challenges related to integration with existing systems are expected to hamper the growth of Asia Pacific & global OSS/BSS market during the forecast period.
Market Taxonomy
This report segments the Asia Pacific & global OSS/BSS market on the basis of region. On the basis of region, the Asia Pacific & global OSS/BSS market is segmented into North America, Europe, Asia Pacific, ROW.
Key features of the study:
- This report provides an in-depth analysis of the Asia Pacific & global OSS/BSS market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
- It profiles leading players in the Asia Pacific & global OSS/BSS market based on the following parameters - regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered in the Asia Pacific & global OSS/BSS market are Amdocs, Accenture, IBM Corporation, Hewlett Packard Company, Oracle Corporation, Telefonaktiebolaget LM Ericsson, and Nokia Siemens Networks.
- The market players are focusing on strategic collaborations to innovate and launch new products to meet the increasing needs and requirements of consumers.
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
- The Asia Pacific & global OSS/BSS market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Asia Pacific & global OSS/BSS market.
Detailed Segmentation:
- Asia Pacific & Global OSS/BSS Market, By Region:
- North America
- Europe
- Asia Pacific
- RoW
- Company Profiles
- Amdocs*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Accenture
- IBM Corporation
- Hewlett Packard Company
- Oracle Corporation
- Telefonaktiebolaget LM Ericsson
- Nokia Siemens Networks
Browse all the market data tables and figures on "Asia Pacific & Global OSS/BSS Market- Forecast to 2027"