OSS/BSS Software Market Analysis

  • Report ID: 2943
  • Published Date: Sep 24, 2024
  • Report Format: PDF, PPT

OSS/BSS Software Market Analysis

The OSS/BSS market is segmented based on solution into service assurance, network management, inventory management, billing and revenue management, service fulfilment, and customer and product management, out of which, the billing and revenue management segment is anticipated to hold the largest share by the end of 2029 on account of increased adoption of convergent billing systems for addressing real time customer needs and to amplify revenues. In addition, the benefits of integrating different charges into a single customer invoice are also projected to contribute to the growth of the segment during the forecast period.

On the basis of enterprise size, the small and medium enterprise segment in the global market is projected to grow with a significant CAGR over the forecast period. The growth of the segment can be attributed to the widespread adoption of OSS/BSS among small and medium enterprises to drive operational efficiency and enhance customer management.

 

Our in-depth analysis of the global market includes the following segments:

           By Solution

  • OSS
    • Service Assurance
    • Network Management
    • Inventory Management
  • BSS
    • Billing and Revenue Management
    • Service Fulfillment
    • Customer and Product Management

             By Deployment

  • On-premise
  • Cloud

 By Enterprise Size

  • SMEs
  • Large Enterprises

           By Application

  • IT & Telecom
  • BFSI
  • Media & Entertainment
  • Retail & E-Commerce
  • Others
 

 

 

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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 2943
  • Published Date: Sep 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing adoption of convergent billing systems and enhancing overall customer experience are the key factors driving market growth.

The market is anticipated to attain a moderate CAGR over the forecast period, i.e., 2021-2029.

Rising concern regarding data security and reluctance to migrate from legacy systems are estimated to hamper market growth.

The market in Asia Pacific region will provide ample growth opportunities owing to the increasing demand of OSS/BSS to improve operational efficiency from telecom sector.

The major players dominating the OSS/BSS software market are Accenture, Comarch SA, Amdocs, Capgemini, and Cisco Systems, Inc., among others.
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