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OSS/BSS Software Market Trends

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

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OSS/BSS Software Market Trends

Growth Drivers

Enhancing Overall Customer Experience
Growing Adoption of Convergent Billing Systems

Challenges

Rising Concerns Regarding Data Security
Reluctance to Migrate from Traditional or Legacy Systems

OSS/BSS Market: Key Insights

Base Year	2023
Forecast Year	2024-2036
CAGR	12.6%
Base Year Market Size (2023)	USD 68.04 billion
Forecast Year Market Size (2036)	USD 318.25
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

OSS/BSS Market Size & Share | Forecast Report 2036

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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