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OSS/BSS Market: Experts Anticipate Industy Boom in 2026

Author : Ronak Bora | Published Date : 2020-09-02 

Over the last few years, the revenue graph of OSS/BSS market has been depicting an exponential growth, on account of the surging digitization across the telecommunication, BFSI, and IT industries which have been deploying new communication technologies to accelerate the organizational workflow. The lure for inexpensive, safe, and time-saving operations has been encouraging companies to implement OSS and BSS solutions at the workspace. In addition, for empowering intelligent network management and automation, most of the industries have been giving preference for operational support services on a large scale.

The OSS/BSS market is estimated to register substantial growth on account of rising need to ensure high-quality service delivery and streamline customer services. The OSS business is highly dynamic and is constantly evolving since the emergence of next-gen technologies like artificial intelligence (AI). 

Communication service providers are gradually edging towards advanced OSS/BSS systems to meet superior service delivery standards. These systems help enterprises track service performance, resolve issues that occur, and identify network faults. Additionally, OSS/BSS solutions support network processes like service delivery, and network inventory maintenance, thereby improving customer support operations.According to a study conducted by Global Market Insights, Inc., the OSS/BSS market might touch USD 90 billion by the year 2026.

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Shifting trends toward digitalization supported by continuous technological advancements could stimulate the demand for OSS/BSS software across the media & entertainment sector. In a bid to maintain its competitive edge, media companies are investing their efforts in providing high-quality services to their viewers.
Meanwhile, rising popularity and adoption of on-demand video and OTT streaming services could strengthen the industry landscape as various media firms implement advanced OSS/BSS platforms to enhance their service quality.

Top Key Player Are:Accenture Plc, Agile Network Systems, Amdocs Ltd, BMC Software, Inc., CA Technologies, Cisco Systems, Inc., Comarch SA., CSG Systems International, Inc., Hewlett Packard Enterprise Company (HPE), Huawei Technologies Co. Ltd., IBM Corporation, Infosys Limited, Netcracker Technology Corporation, Nokia Corporation, Oracle Corporation, Optiva, Inc., Subex Limited, Tata Consultancy Services (TCS) Limited, Tech Mahindra Ltd. and Telefonaktiebolaget LM Ericsson

Rapid expansion of entertainment and telecommunication industries across nations like China, Japan, and India could accelerate the Asia Pacific OSS/BSS industry growth. Estimates claim that the regional market could register a growth of more than 17% within the predicted timeframe.

Several telecom companies and federal authorities are concentrating on developing advanced network infrastructure to improve their product performance and user experience. Citing an instance, earlier in November 2019, Beijing after completing the commercialization of 5G network connectivity, gathered an R&D team to commence the development of 6G networks. Initiatives like these might hugely benefit the adoption rate of OSS/BSS solutions. 

Table of Content:

Chapter 5.    OSS/BSS Market, By Solution

5.1.    Key trends, by solution

5.2.    OSS

5.2.1. Market estimates and forecast, 2015 – 2026

5.2.2. Service assurance

5.2.2.1.    Market estimates and forecast, 2015 – 2026

5.2.3. Network management

5.2.3.1.    Market estimates and forecast, 2015 – 2026

5.2.4. Inventory management

5.2.4.1.    Market estimates and forecast, 2015 – 2026

5.3.    BSS

5.3.1. Market estimates and forecast, 2015 – 2026

5.3.2. Billing and revenue management

5.3.2.1.    Market estimates and forecast, 2015 – 2026

5.3.3. Service fulfillment

5.3.3.1.    Market estimates and forecast, 2015 – 2026

5.3.4. Customer and product management

5.3.4.1.    Market estimates and forecast, 2015 – 2026

Chapter 6.    OSS/BSS Market, By Deployment Model

6.1.    Key trends, by deployment model

6.2.    Cloud

6.2.1. Market estimates and forecast, 2015 – 2026

6.3.    On-premise

6.3.1. Market estimates and forecast, 2015 – 2026

Chapter 7.    OSS/BSS Market, By Enterprise Size

7.1.    Key trends, by enterprise size

7.2.    SMEs

7.2.1. Market estimates and forecast, 2015 – 2026

7.3.    Large enterprises

7.3.1. Market estimates and forecast, 2015 – 2026

Chapter 8.    OSS/BSS Market, By Application

8.1.    Key trends, by application

8.2.    IT & telecom

8.2.1. Market estimates and forecast, 2015 – 2026

8.3.    BFSI

8.3.1. Market estimates and forecast, 2015 - 2026

8.4.    Media & entertainment

8.4.1. Market estimates and forecast, 2015 – 2026

8.5.    Others

8.5.1. Market estimates and forecast, 2015 - 2026

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/oss-bss-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Global Market Insights, Inc.

Phone: 1-302-846-7766

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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