Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the global Next Generation OSS And BSS Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 11.5% during the review period (2022 to 2027).
The Global Next Generation OSS and BSS Market size is likely to reach $46.6 billion by 2023, rising at a market growth of 11.5% CAGR throughout the estimate period. Processes Support System (OSS) and Business Support System (BSS), are used by service word, service fulfilment, client service and billing. Virtualization of network mechanisms and software-defined net has led the service provider network to offer unified solution such an OSS and BSS. Various valuable competences have further added to the demand for next group OSS and BSS market during the forecast period.
Though this skill alteration has helpful aspects, there are disadvantages of pretty next group OSS and BSS systems, processes and platforms in their inheritance building. Based on Building Type, the market report sections the market into Income Group, Service Deduction, Service Pledge, Customer Running, and Network Management. Based on Network Type, the market report sections the market into Mobile Network, Cable & Satellite Network, Fixed & Wireless Network, MVNOMVNE Network, and Others. Based on Regions, the Next Group OSS & BSS market segments the market into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. The market research report covers the analysis of key stake holders of the Next Generation OSS & BSS Market.
The Next Generation OSS And BSS Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Accenture, Amdocs, Capgemini SE, CSG Systems International, Inc., Hewlett Packard Enterprise, Huawei Technologies Co., Ltd., Oracle Corporation, IBM, LogNet Systems, Dorado Software, Sigma Systems, Inc.
February 10, 2021 NEW YORK & PALO ALTO, Calif.–(BUSINESS WIRE)–Accenture (NYSE: ACN) and VMware (NYSE: VMW) today announced an expanded partnership and the launch of a dedicated business group that will help organizations adopt a ‘cloud first’ strategy — accelerating migration to the cloud, building modern apps more rapidly, and using the cloud as a foundation for innovation and new business models, ultimately realizing greater value.
By Type, it is segmented into
By Applications it is segmented into
The Next Generation OSS And BSS Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Next Generation OSS And BSS Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2028 CAGR | CAGR of 11.5% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Accenture, Amdocs, Capgemini SE, CSG Systems International, Inc., Hewlett Packard Enterprise, |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 139 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
How is the cloud OSS BSS market expected to grow in the next five years?
The cloud OSS BSS market size is expected to grow USD 20.1 billion in 2022 to USD 36.6 billion by 2027, CAGR of 11.5% during the forecast period.
Which region has the largest market share in the cloud OSS BSS market?
North America is projected to hold the largest market share in cloud OSS BSS market in 2022. North America is one of the prominent regions in the cloud OSS/BSS market.
What are the major factors driving cloud OSS BSS market?
The major drivers cloud OSS BSS market are Growing 5G acceptance, large scale request of SDN and NFV.
Who are the major vendors in cloud OSS BSS market?
Major vendors in cloud OSS BSS market include Ericsson, Amdocs, Netcracker, Huawei and HPE.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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