80 likes | 108 Views
The major factors driving the growth of this market are the rising adoption of modified OSS BSS solutions and services and growing usage of convergent billing solutions.
E N D
Operation Support Systems (OSS) and Business Support Systems (BSS) Market Worth USD 42.81 Billion By 2026
Market Summary The major factors driving the growth of this market are the rising adoption of modified OSS BSS Market solutions and services and growing usage of convergent billing solutions. Market Size – USD 23.95 Billion in 2019, Market Growth - CAGR of 12.3% between 2019 and 2026, Market Trends – Adoption of modified OSS BSS solutions and services, increasing usage of convergent billing solutions
Our Approach Our Approach Market Summary The Operation Support Systems and Business Support Systems market is expected to grow from USD 2.77 Billion in 2019 to USD 8.78 Billion by 2026, at a CAGR of 22.0% from 2019 to 2026. The market is h driven by the growing demand among organizations to offer enhanced customer experience. The demand for OSS BSS is driven by factors, such as the deployment of customized OSS BSS systems and services, growing usage of convergent billing systems, the shifting focus of Communication Service Providers (CSPs) on enhancing customer experiences and minimize operational expenses Major players in the OSS/BSS market are Amdocs (US), Accenture (US), HP Enterprises (US), CSG Systems (US), Ericsson (US), Netcracker (US), Optiva (Canada), Microsoft (US), Tata Consultancy Services (India), Oracle (US), and IBM (US). To Request for a PDF Sample, Click Here @ https://www.reportsanddata.com/sample- enquiry-form/1538
Our Approach Our Approach Market Summary Further key findings from the report suggest The Operation Support Systems and Business Support Systems market is expected to grow from USD 2.77 Billion in 2019 to USD 8.78 Billion by 2026, at a CAGR of 22.0% from 2019 to 2026. A rise in the demand for cloud-based solutions is expected to drive the OSS & BSS market. The telecom enterprises users are expected to contribute the largest market share in the OSS/BSS market with revenue of USD 2.4 Billion in 2026, at a CAGR of 25%. BFSI manufacturing and retail are expected to be the key users during the forecast period. OSS/BSS systems largely support functions of network management for the telecom industry. Increase in Billing & Revenue Management is contributing toward the adaption of OSS/BSS models by telecom vendors as it helps to gain greater agility and flexibility at low costs. The Service assurance segment in OSS/BSS market is expected to grow the highest during the forecast period at a CAGR of 35%. The vital factors attributed to the growth of the market are growing requirements among organizations to offer enhanced customer experience…Continued • • • Click here to Get customization & check available discount for the report @ https://www.reportsanddata.com/discount-enquiry-form/1538
Our Approach Our Approach Market Summary Segments covered in the report: Global OSS/BSS Market, By Solution-Type (Revenue, USD Million; 2016–2026) OSS Service Assurance Network Management Inventory Management BSS Billing and revenue management Service fulfillment Customer and product management Global OSS/BSS Market, By Deployment-Type(Revenue,USD Million; 2016–2026) On-premise Cloud
Our Approach Our Approach Market Summary Global OSS/BSS Market, By Company Size (Revenue, USD Million; 2016–2026) Large Enterprises Small and Medium-Sized Enterprise Global OSS/BSS Market, By User (Revenue, USD Million; 2016–2026) Telecom and IT Media & Entertainment Banking, Financial Services, and Insurance Browse the comprehensive TOC and data tables @ https://www.reportsanddata.com/report-detail/oss-bss-market
Our Approach Our Approach About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com