OSS/BSS Market (By Solution: OSS [Service Assurance, Network Management, Inventory Management], BSS [Billing and Revenue Management, Service Fulfillment, Customer and Product Management]; By Deployment Model: On-premise, Cloud; By Enterprise Size: SMEs, Large Enterprises; By Application: IT & Telecom, BFSI, Media & Entertainment, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast 2020 - 2027
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The market for OSS/BSS is expected to grow at a CAGR of around 13.5% from 2020 to 2027 and expected to reach the market value of around US$ 94.9 Bn by 2027.
Operations Support Systems (OSS) and Business Support Systems (BSS) are the platforms that support telecommunications service providers in managing networks and the service order experience for customers. The functions include service provisioning, network configuration, fault management, inventory management, and order management. The target audience includes Cloud OSS BSS vendors, CSPs, telecom equipment providers, Mobile Network Operators (MNOs), Mobile Virtual Network Aggregators (MVNAs), Mobile Virtual Network Operators (MVNOs), Mobile Virtual Network Enablers (MVNEs), system integrators, government agencies, cloud service providers, consultancy firms/advisory firms, training and education service providers, data integration service, providers, and managed service providers.
Market Dynamics
The increasing adoption of tailored cloud OSS/BSS solutions across the telecommunication sector is driving the market value. The growing demand for convergent billing systems is accelerating market growth. The benefits associated with the OSS/BSS market such as enhanced overall customer experience and lower operational expenses are further propelling the market value. The COVID-19 outbreak has resulted in a sudden increase in mobile communications for the same telecom enterprises are increasingly emphasizing on providing continued delivery of critical communications services, which is driving the market growth.
Furthermore, the increasing adoption of cloud technologies is likely to transform the telecom industry as well as the growth of the telecom industry with next-generation operation systems and software (NGOSS) framework which will provide potential opportunities over the estimated period from 2020 to 2027.
On the other side, resistance to the adoption of cloud technologies and risks associated with cloud security is projected to limit the growth to an extent over the estimated period.
On-Premise segment accounted for the maximum share (%) in the global market
By deployment model, on-premise is leading the market with major revenue share (%) in 2019. The segment is also projected to maintain its dominance over the estimated period, whereas, cloud-based deployment model segment is projected to experience the fastest growth with major CAGR (%) throughout the forecast timeframe.
North America accounted for the maximum share (%) in the OSS/BSS Market
In 2019, North America registered maximum share (%) in terms of revenue and projected to maintain its dominance over the forecast timeframe. The major economies of the region including the US and Canada are majorly contributing to the regional market value. Moreover, Asia Pacific is projected to exhibit the fastest growth throughout the forecast timeframe. The increasing disposable income and developing telecommunication infrastructure is supporting the regional market growth. The major economies of the region including Japan, China, and India are contributing to the regional market value.
The players profiled in the report include Accenture Plc, Agile Network Systems, Amdocs Ltd., BMC Software, Inc., CA Technologies, Cisco Systems, Inc., Comarch SA., CSG Systems International, Inc., Hewlett Packard Enterprise (HPE), Huawei Technologies Co., Ltd., IBM Corporation, Infosys Limited, Netcracker Technology Corporation, Nokia Corporation, Optiva, Inc., Oracle Corporation, Subex Limited, Tata Consultancy Services (TCS) Limited, Tech Mahindra Ltd, and Telefonaktiebolaget LM Ericsson. The major OSS/BSS players were involved in strategic developments for escalating the profit share in regional as well as global market. The major investments were announced for the technological advancements associated with the changing consumer demand for OSS/BSS.
Market Segmentation
Market By Solution
OSS
- Service Assurance
- Network Management
- Inventory Management
BSS
- Billing and Revenue Management
- Service Fulfillment
- Customer and Product Management
Market By Deployment Model
On-premise
Cloud
Market By Enterprise Size
SMEs
Large Enterprises
Market By Application
IT & Telecom
BFSI
Media & Entertainment
Others
Market By Geography
North America
- U.S.
- Canada
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa