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Operations Support Business Support (OSS BSS) Software Market by Product and Geography - Forecast and Analysis 2022-2026

  • Published: Jun 2022
  • Pages: 120
  • SKU: IRTNTR44368
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The operations support business support (OSS BSS) software market share is expected to increase to USD 63.64 billion from 2021 to 2026, at a CAGR of 16.89%.

This operations support business support (OSS BSS) software market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers operations support business support (OSS BSS) software market segmentation by product (OSS and BSS) and geography (North America, APAC, Europe, South America, and Middle East and Africa). The operations support business support (OSS BSS) software market report also offers information on several market vendors, including Accenture Plc, Amdocs Ltd., Aria Systems Inc., Cerillion Plc, CHR Solutions, Comarch SA, Hansen Technologies Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., NEC Corp., New Era Technology, Nokia Corp., Optiva Inc., Oracle Corp., SAP SE, Saskatchewan Telecommunications Holding Corp., SUBEX Ltd., Telefonaktiebolaget LM Ericsson, and Tridens doo among others.

What will the Operations Support Business Support (OSS BSS) Software Market Size be During the Forecast Period?

Operations Support Business Support (OSS BSS) Software Market Size

Download the Free Report Sample to Unlock the Operations Support Business Support (OSS BSS) Software Market Size for the Forecast Period and Other Important Statistics

 

Operations Support Business Support (OSS BSS) Software Market: Key Drivers, Trends, and Challenges

The growing adoption of cloud-based BSS is notably driving the operations support business support (OSS BSS) software market growth, although factors such as lack of in-house expertise may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the operations support business support (OSS BSS) software industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Operations Support Business Support (OSS BSS) Software Market Driver

  • One of the key factors driving the operations support business support (OSS BSS) software market growth is the growing adoption of cloud-based BSS.
  • SMEs have become increasingly important to CSPs as a means to boost their business.
  • Most of the CSPs provide a cloud-based BSS model to SMEs to ensure better manageability of resources.
  • Cloud-based BSS effectively delivers business agility and a scalable IT infrastructure. The service operators have been focusing on delivering a real-time experience to customers with the increasing adoption of M2M solutions in vertical industries.
  • Enterprises that provide M2M services must be competitive by delivering innovative and personalized services.
  • The service operators dealing with M2M enterprise clients have to be agile to handle the high bandwidth, flexible service creation, and dynamic customer requirements.

Key Operations Support Business Support (OSS BSS) Software Market Trend

  • Outsourcing OSS BSS design and development to managed service providers is major operations support business support (OSS BSS) software market trend supporting the market growth. 
  • The telecom operators have low-profit margins on account of decreasing ARPU, and many leading telecom operators have piled up huge dues. 
  • The telecom operators have started outsourcing most of their service functionalities, such as operations, management, and infrastructure, in addition to network operation and maintenance to multiple vendors in a bid to reduce operational expenses.
  • As the implementation and maintenance of OSS BSS software require a trained workforce, most telecom operators outsource their OSS BSS functions to manage service providers to maintain their profit margins.
  • The increase in revenue will support the market growth in the coming years.

Key Operations Support Business Support (OSS BSS) Software Market Challenge

  • One of the key challenges to the global operations supports business support (OSS BSS) software market growth is the lack of in-house expertise.
  • Generating a single invoice for the telecom services is the primary objective of cloud billing services. However, the services are becoming more complex because of the integration of different telecom services and the addition of new and sophisticated features.
  • The operation of the services requires a trained and skilled workforce.
  • In most cases, the telecom operators that install these services in their BSS hire or train employees for the operations, which requires investment.
  • Most of the services are being frequently upgraded or changed due to the rapid technological advances in this field. This leads to a prohibitive cost of training for a skilled and trained workforce.
  • The need for a skilled and trained workforce will hinder the growth of this market in the forecast years.

This operations support business support (OSS BSS) software market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global operations support business support (OSS BSS) software market as a part of the global application software market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the operations support business support (OSS BSS) software market during the forecast period.

Who are the Major Operations Support Business Support (OSS BSS) Software Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Accenture Plc
  • Amdocs Ltd.
  • Aria Systems Inc.
  • Cerillion Plc
  • CHR Solutions
  • Comarch SA
  • Hansen Technologies Ltd.
  • Hewlett Packard Enterprise Co.
  • Hitachi Ltd.
  • Huawei Technologies Co. Ltd.
  • NEC Corp.
  • New Era Technology
  • Nokia Corp.
  • Optiva Inc.
  • Oracle Corp.
  • SAP SE
  • Saskatchewan Telecommunications Holding Corp.
  • SUBEX Ltd.
  • Telefonaktiebolaget LM Ericsson
  • Tridens doo

 

This statistical study of the operations supports business support (OSS BSS) software market encompasses successful business strategies deployed by the key vendors. The operations support business support (OSS BSS) software market is fragmented and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market.

Product Insights and News

  • Accenture Plc - The company offers real-time OSS BSS that can help businesses to enable reusability, deliver with fast time to market, and cost-effective digital service design.
  • Accenture Plc - In January 2021, the company acquired Real Protect, a privately held, Brazil-based provider of managed security and cyber defense services, extending its cybersecurity presence and capabilities in Latin America. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The operations support business support (OSS BSS) software market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Operations Support Business Support (OSS BSS) Software Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the operations support business support (OSS BSS) software market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Operations Support Business Support (OSS BSS) Software Market?

Operations Support Business Support (OSS BSS) Software Market Market segmentation by region

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35% of the market's growth will originate from North America during the forecast period. The US is the key market for operations support business support (OSS BSS) software in North America. Market growth in this region will be faster than the growth of the market in South America, Europe, and MEA.

Factors such as a rise in IoT, implementation of automation across end-user industries, increasing investments in smart city initiatives, and increasing use of social networking platforms will facilitate the OSS BSS software market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The growth of the market was restricted in 2020 due to the outbreak of COVID-19. The US reported its first confirmed case of COVID-19 on January 21, 2020. Besides this, in 2020, with the imposition of the nationwide mandatory closures of all non-essential businesses and manufacturing units, the US manufacturers were facing business losses and survival challenges. This negatively impacted the growth of the operations support business support software market in North America during the forecast period. Owing to the lockdowns, the telecom industry gained a lot of traction due to the increase in video conferencing because of the work-from-home model. This has positively impacted the operations support business support (OSS BSS) software market in the region and is expected to grow during the forecast period.

What are the Revenue-generating Product Segments in the Operations Support Business Support (OSS BSS) Software Market?

Operations Support Business Support (OSS BSS) Software Market Segmentation

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The operations support business support (OSS BSS) software market share growth by the OSS will be significant during the forecast period. The need for customer-centric communication service providers (CSPs) and applications that improve customer experience will drive the global OSS software market in the coming years.

This report provides an accurate prediction of the contribution of all the segments to the growth of the operations support business support (OSS BSS) software market size and actionable market insights on post COVID-19 impact on each segment.

 

Operations Support Business Support (OSS BSS) Software Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 16.89%

Market growth 2022-2026

$ 63.64 billion

Market structure

Fragmented

YoY growth (%)

18.52

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 35%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Accenture Plc, Amdocs Ltd., Aria Systems Inc., Cerillion Plc, CHR Solutions, Comarch SA, Hansen Technologies Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., NEC Corp., New Era Technology, Nokia Corp., Optiva Inc., Oracle Corp., SAP SE, Saskatchewan Telecommunications Holding Corp., SUBEX Ltd., Telefonaktiebolaget LM Ericsson, and Tridens doo

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Operations Support Business Support (OSS BSS) Software Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive operations support business support (OSS BSS) software market growth during the next five years
  • Precise estimation of the operations support business support software market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the operations support business support (OSS BSS) software industry across North America, APAC, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of operations support business support (OSS BSS) software market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

  • 5.1 Market segments
    • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
  • 5.2 Comparison by Product
    • Exhibit 26: Chart on Comparison by Product
    • Exhibit 27: Data Table on Comparison by Product
  • 5.3 OSS - Market size and forecast 2021-2026
    • Exhibit 28: Chart on OSS - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on OSS - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on OSS - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on OSS - Year-over-year growth 2021-2026 (%)
  • 5.4 BSS - Market size and forecast 2021-2026
    • Exhibit 32: Chart on BSS - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on BSS - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on BSS - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on BSS - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Product
    • Exhibit 36: Market opportunity by Product ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 APAC - Market size and forecast 2021-2026
    • Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.5 Europe - Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 Germany - Market size and forecast 2021-2026
    • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.11 Japan - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.12 UK - Market size and forecast 2021-2026
    • Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 Accenture Plc
    • Exhibit 89: Accenture Plc - Overview
    • Exhibit 90: Accenture Plc - Business segments
    • Exhibit 91: Accenture Plc - Key news
    • Exhibit 92: Accenture Plc - Key offerings
    • Exhibit 93: Accenture Plc - Segment focus
  • 10.4 Amdocs Ltd.
    • Exhibit 94: Amdocs Ltd. - Overview
    • Exhibit 95: Amdocs Ltd. - Business segments
    • Exhibit 96: Amdocs Ltd. - Key offerings
    • Exhibit 97: Amdocs Ltd. - Segment focus
  • 10.5 Hewlett Packard Enterprise Co.
    • Exhibit 98: Hewlett Packard Enterprise Co. - Overview
    • Exhibit 99: Hewlett Packard Enterprise Co. - Business segments
    • Exhibit 100: Hewlett Packard Enterprise Co. - Key news
    • Exhibit 101: Hewlett Packard Enterprise Co. - Key offerings
    • Exhibit 102: Hewlett Packard Enterprise Co. - Segment focus
  • 10.6 Hitachi Ltd.
    • Exhibit 103: Hitachi Ltd. - Overview
    • Exhibit 104: Hitachi Ltd. - Business segments
    • Exhibit 105: Hitachi Ltd. - Key news
    • Exhibit 106: Hitachi Ltd. - Key offerings
    • Exhibit 107: Hitachi Ltd. - Segment focus
  • 10.7 Huawei Technologies Co. Ltd.
    • Exhibit 108: Huawei Technologies Co. Ltd. - Overview
    • Exhibit 109: Huawei Technologies Co. Ltd. - Business segments
    • Exhibit 110: Huawei Technologies Co. Ltd. - Key offerings
    • Exhibit 111: Huawei Technologies Co. Ltd. - Segment focus
  • 10.8 Nokia Corp.
    • Exhibit 112: Nokia Corp. - Overview
    • Exhibit 113: Nokia Corp. - Business segments
    • Exhibit 114: Nokia Corp. - Key offerings
    • Exhibit 115: Nokia Corp. - Segment focus
  • 10.9 Optiva Inc.
    • Exhibit 116: Optiva Inc. - Overview
    • Exhibit 117: Optiva Inc. - Product / Service
    • Exhibit 118: Optiva Inc. - Key offerings
  • 10.10 Oracle Corp.
    • Exhibit 119: Oracle Corp. - Overview
    • Exhibit 120: Oracle Corp. - Business segments
    • Exhibit 121: Oracle Corp. - Key news
    • Exhibit 122: Oracle Corp. - Key offerings
    • Exhibit 123: Oracle Corp. - Segment focus
  • 10.11 SAP SE
    • Exhibit 124: SAP SE - Overview
    • Exhibit 125: SAP SE - Business segments
    • Exhibit 126: SAP SE - Key news
    • Exhibit 127: SAP SE - Key offerings
    • Exhibit 128: SAP SE - Segment focus
  • 10.12 Telefonaktiebolaget LM Ericsson
    • Exhibit 129: Telefonaktiebolaget LM Ericsson - Overview
    • Exhibit 130: Telefonaktiebolaget LM Ericsson - Business segments
    • Exhibit 131: Telefonaktiebolaget LM Ericsson - Key news
    • Exhibit 132: Telefonaktiebolaget LM Ericsson - Key offerings
    • Exhibit 133: Telefonaktiebolaget LM Ericsson - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 134: Inclusions checklist
    • Exhibit 135: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 136: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 137: Research methodology
    • Exhibit 138: Validation techniques employed for market sizing
    • Exhibit 139: Information sources
  • 11.5 List of abbreviations
    • Exhibit 140: List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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Operations Support Business Support (OSS BSS) Software Market market growth will increase by $63.64 billion during 2022-2026.
The operations support business support (oss bss) software market market is expected to grow at a CAGR of 16.89% during 2022-2026.
Technavio has segmented the operations support business support (oss bss) software market market by product (OSS and BSS) ,geography (North America, APAC, Europe, South America, and Middle East and Africa) , and geographic (North America, APAC, Europe, South America, and MEA).
Accenture Plc, Amdocs Ltd., Aria Systems Inc., Cerillion Plc, CHR Solutions, Comarch SA, Hansen Technologies Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., NEC Corp., New Era Technology, Nokia Corp., Optiva Inc., Oracle Corp., SAP SE, Saskatchewan Telecommunications Holding Corp., SUBEX Ltd., Telefonaktiebolaget LM Ericsson, Tridens doo are a few of the key vendors in the operations support business support (oss bss) software market market.
North America will register the highest growth rate of 35% among the other regions. Therefore, the operations support business support (oss bss) software market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the operations support business support (oss bss) software market market growth are:
  • Growing adoption of cloud-based BSS
  • Growing number of pre-commercial 5G trials
The operations support business support (oss bss) software market market vendors should focus on grabbing business opportunities from the oss segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
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  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
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