Next Generation OSS and BSS Market size is expected to reach US$ 150.8 Bn by 2029, at a CAGR of 16.12% during the forecast period.Next Generation OSS and BSS Market Dynamics
Increasing adoption of digital devices and advanced technologies to drive the market Digitalization across the globe has raised the adoption of digital devices such as smartphones, tablets, laptops, and many more. With the adoption of digital devices, the demand for high-speed internet connectivity has been increased in the past few years. These created need to analyze the customer’s preference, their experience, the trend related to the pricing, and data packages, which helps CSPs to remain competitive in the market.To know about the Research Methodology :- Request Free Sample Report The next-generation OSS/BSS system provides services such as billing, CRM, performance management, fault management, network operations, etc. However, the evolution of 5G network and increasing adoption of advanced technologies such as cloud computing, IoT, AI, ML, etc. is expected to increase the demand for network connectivity and high-speed internet, which has led to the CSPs to adopt the support system to automate the telecommunication billing process, customer service, order capturing, etc. With the changing time industries are shifting to the 5G network connectivity as it provides high-speed internet connectivity and low latency. The telecom operators are quite aware of the success of the 5G network on the OSS/BSS system. According to the report, 72% of the communication service providers believe that the 5G revenue growth is dependent on the advanced OSS/BSS system, which is expected to boost the next generation OSS and BSS market across the globe. The OSS/BSS also helps to detect and manage the fault in the network.
High cost to restrain the market
The installation cost of the next-generation OSS/BSS system is high and the complex infrastructure of the system is too much expensive to maintain. However, the automation of telecom billing requires address-based accounts of the users, which is not feasible with the prepaid billing system. As result, the above factors are expected to restrain the market during the forecast period.Next Generation OSS and BSS Market Segment Analysis
The revenue management is expected to witness the highest growth at a CAGR of 16.12% during the forecast period due to the increasing focus on billing, settlement, and revenue generation. Real-time billing and charges are an important part of CSPs. The reliable interconnection and billing for the roaming allow CSPs to charge for using CSP’s voice, data, network infrastructure, and many more from the other operators. However, the use of analytical tools and advanced technologies allows telecommunication companies to gain current trends and demand, which helps to gain new customers. As result, these factors are expected to lift the global market in the revenue management segment.Next Generation OSS and BSS Regional Insights
North America is expected to witness the highest growth during the forecast period North America is expected to hold the largest market share of 16.12% during the forecast period due to the increasing adoption of advanced technologies such as cloud computing, IoT, M2M communications, and mobile devices across various industries and commercial sectors. However, emerging smart infrastructures and the adoption of advanced security systems and solutions in the commercial and residential buildings are expected to rise the demand for high-speed internet connectivity in the region thereby adopting of next-generation OSS/BSS system. According to the report, the Asia Pacific region is expected to register rapid growth of the market during the forecast period. The growth can be attributed to the increasing adoption of smartphones due to the digitalization increasing awareness of digital devices. The growing telecom companies in countries like India and China are looking forward to advanced support solutions to provide a better consumer experience, which is expected to create many lucrative opportunities for the market. Other factors like the government initiative to build smart cities and to provide seamless internet connectivity at railway stations, airports, commercial complexes, etc. are expected to boost the market significantly in the region. The objective of the report is to present a comprehensive analysis of the global next generation OSS and BSS market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SWOT, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding global next generation OSS and BSS market dynamic, structure by analyzing the market segments and project global next generation OSS and BSS market clear representation of competitive analysis of key players by price, financial position, by detection and equipment portfolio, growth strategies, and regional presence in the global next generation OSS and BSS market make the report investor’s guide.Next Generation OSS and BSS Market Scope: Inquire before buying
Next Generation OSS and BSS Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 52.97 Bn. Forecast Period 2023 to 2029 CAGR: 16.12% Market Size in 2029: US $ 150.8 Bn. Segments Covered: by Architecture Type Revenue management Service fulfillment Customer management Account management Service assurance Network management systems by Network Cable and satellite Fixed and wireless Mobile Mobile virtual network enabler (MVNE) Others Next Generation OSS and BSS Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South AmericaNext Generation OSS and BSS Market Key Players:
1. Hewlett Packard Enterprise 2. Huawei Technologies Co., Ltd. 3. Capgemini 4. Accenture plc. 5. Amdocs, Inc. 6. CSG Systems International, Inc. 7. Oracle Corporation 8. IBM Corporation 9. Log Net Systems Ltd. 10. Dorado Software 11. Sigma Systems 12. Elitecore Technologies 13. Formula Telecom Solutions 14. Texas Instruments Incorporated 15. Magnaquest Technologies 16. Netonomy 17. MACC's 18. Transaction Capital 19. Contact Solutions 20. Cerillion Technologies 21. MDS Global 22. InfoSend 23. Aptilo Networks 24. Nexnet Solutions 25. Relay2 26. Optiva 27. Comarch SAFrequently Asked questions
1. What is the market size of the Global Next Generation OSS and BSS Market in 2022? Ans. The market size Global Next Generation OSS and BSS Market in 2022 was US$ 52.97 Billion. 2. What are the different segments of the Global Next Generation OSS and BSS Market? Ans. The Global Next Generation OSS and BSS Market is divided into Architecture Type and Network. 3. What is the study period of this market? Ans. The Global Next Generation OSS and BSS Market will be studied from 2022 to 2029. 4. Which region is expected to hold the highest Global Next Generation OSS and BSS Market share? Ans. The Asia Pacific dominates the market share in the market. 5. What is the Forecast Period of Global Next Generation OSS and BSS Market? Ans. The Forecast Period of the market is 2023-2029 in the market.
1. Next Generation OSS and BSS Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Next Generation OSS and BSS Market: Dynamics 2.1. Next Generation OSS and BSS Market Trends by Region 2.1.1. North America Next Generation OSS and BSS Market Trends 2.1.2. Europe Next Generation OSS and BSS Market Trends 2.1.3. Asia Pacific Next Generation OSS and BSS Market Trends 2.1.4. Middle East and Africa Next Generation OSS and BSS Market Trends 2.1.5. South America Next Generation OSS and BSS Market Trends 2.2. Next Generation OSS and BSS Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Next Generation OSS and BSS Market Drivers 2.2.1.2. North America Next Generation OSS and BSS Market Restraints 2.2.1.3. North America Next Generation OSS and BSS Market Opportunities 2.2.1.4. North America Next Generation OSS and BSS Market Challenges 2.2.2. Europe 2.2.2.1. Europe Next Generation OSS and BSS Market Drivers 2.2.2.2. Europe Next Generation OSS and BSS Market Restraints 2.2.2.3. Europe Next Generation OSS and BSS Market Opportunities 2.2.2.4. Europe Next Generation OSS and BSS Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Next Generation OSS and BSS Market Drivers 2.2.3.2. Asia Pacific Next Generation OSS and BSS Market Restraints 2.2.3.3. Asia Pacific Next Generation OSS and BSS Market Opportunities 2.2.3.4. Asia Pacific Next Generation OSS and BSS Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Next Generation OSS and BSS Market Drivers 2.2.4.2. Middle East and Africa Next Generation OSS and BSS Market Restraints 2.2.4.3. Middle East and Africa Next Generation OSS and BSS Market Opportunities 2.2.4.4. Middle East and Africa Next Generation OSS and BSS Market Challenges 2.2.5. South America 2.2.5.1. South America Next Generation OSS and BSS Market Drivers 2.2.5.2. South America Next Generation OSS and BSS Market Restraints 2.2.5.3. South America Next Generation OSS and BSS Market Opportunities 2.2.5.4. South America Next Generation OSS and BSS Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Next Generation OSS and BSS Industry 2.8. Analysis of Government Schemes and Initiatives For Next Generation OSS and BSS Industry 2.9. Next Generation OSS and BSS Market Trade Analysis 2.10. The Global Pandemic Impact on Next Generation OSS and BSS Market 3. Next Generation OSS and BSS Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 3.1.1. Revenue management 3.1.2. Service fulfillment 3.1.3. Customer management 3.1.4. Account management 3.1.5. Service assurance 3.1.6. Network management systems 3.2. Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 3.2.1. Cable and satellite 3.2.2. Fixed and wireless 3.2.3. Mobile 3.2.4. Mobile virtual network enabler (MVNE) 3.2.5. Others 3.3. Next Generation OSS and BSS Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Next Generation OSS and BSS Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 4.1.1. Revenue management 4.1.2. Service fulfillment 4.1.3. Customer management 4.1.4. Account management 4.1.5. Service assurance 4.1.6. Network management systems 4.2. North America Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 4.2.1. Cable and satellite 4.2.2. Fixed and wireless 4.2.3. Mobile 4.2.4. Mobile virtual network enabler (MVNE) 4.2.5. Others 4.3. North America Next Generation OSS and BSS Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 4.3.1.1.1. Revenue management 4.3.1.1.2. Service fulfillment 4.3.1.1.3. Customer management 4.3.1.1.4. Account management 4.3.1.1.5. Service assurance 4.3.1.1.6. Network management systems 4.3.1.2. United States Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 4.3.1.2.1. Cable and satellite 4.3.1.2.2. Fixed and wireless 4.3.1.2.3. Mobile 4.3.1.2.4. Mobile virtual network enabler (MVNE) 4.3.1.2.5. Others 4.3.2. Canada 4.3.2.1. Canada Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 4.3.2.1.1. Revenue management 4.3.2.1.2. Service fulfillment 4.3.2.1.3. Customer management 4.3.2.1.4. Account management 4.3.2.1.5. Service assurance 4.3.2.1.6. Network management systems 4.3.2.2. Canada Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 4.3.2.2.1. Cable and satellite 4.3.2.2.2. Fixed and wireless 4.3.2.2.3. Mobile 4.3.2.2.4. Mobile virtual network enabler (MVNE) 4.3.2.2.5. Others 4.3.3. Mexico 4.3.3.1. Mexico Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 4.3.3.1.1. Revenue management 4.3.3.1.2. Service fulfillment 4.3.3.1.3. Customer management 4.3.3.1.4. Account management 4.3.3.1.5. Service assurance 4.3.3.1.6. Network management systems 4.3.3.2. Mexico Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 4.3.3.2.1. Cable and satellite 4.3.3.2.2. Fixed and wireless 4.3.3.2.3. Mobile 4.3.3.2.4. Mobile virtual network enabler (MVNE) 4.3.3.2.5. Others 5. Europe Next Generation OSS and BSS Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 5.2. Europe Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 5.3. Europe Next Generation OSS and BSS Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 5.3.1.2. United Kingdom Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 5.3.2. France 5.3.2.1. France Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 5.3.2.2. France Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 5.3.3.2. Germany Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 5.3.4.2. Italy Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 5.3.5.2. Spain Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 5.3.6.2. Sweden Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 5.3.7.2. Austria Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 5.3.8.2. Rest of Europe Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 6. Asia Pacific Next Generation OSS and BSS Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 6.2. Asia Pacific Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 6.3. Asia Pacific Next Generation OSS and BSS Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 6.3.1.2. China Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 6.3.2.2. S Korea Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 6.3.3.2. Japan Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 6.3.4. India 6.3.4.1. India Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 6.3.4.2. India Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 6.3.5.2. Australia Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 6.3.6.2. Indonesia Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 6.3.7.2. Malaysia Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 6.3.8.2. Vietnam Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 6.3.9.2. Taiwan Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 6.3.10.2. Rest of Asia Pacific Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 7. Middle East and Africa Next Generation OSS and BSS Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 7.2. Middle East and Africa Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 7.3. Middle East and Africa Next Generation OSS and BSS Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 7.3.1.2. South Africa Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 7.3.2.2. GCC Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 7.3.3.2. Nigeria Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 7.3.4.2. Rest of ME&A Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 8. South America Next Generation OSS and BSS Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 8.2. South America Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 8.3. South America Next Generation OSS and BSS Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 8.3.1.2. Brazil Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 8.3.2.2. Argentina Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Next Generation OSS and BSS Market Size and Forecast, by Architecture Type (2022-2029) 8.3.3.2. Rest Of South America Next Generation OSS and BSS Market Size and Forecast, by Network (2022-2029) 9. Global Next Generation OSS and BSS Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Next Generation OSS and BSS Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Hewlett Packard Enterprise 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Huawei Technologies Co., Ltd. 10.3. Capgemini 10.4. Accenture plc. 10.5. Amdocs, Inc. 10.6. CSG Systems International, Inc. 10.7. Oracle Corporation 10.8. IBM Corporation 10.9. Log Net Systems Ltd. 10.10. Dorado Software 10.11. Sigma Systems 10.12. Elitecore Technologies 10.13. Formula Telecom Solutions 10.14. Texas Instruments Incorporated 10.15. Magnaquest Technologies 10.16. Netonomy 10.17. MACC's 10.18. Transaction Capital 10.19. Contact Solutions 10.20. Cerillion Technologies 10.21. MDS Global 10.22. InfoSend 10.23. Aptilo Networks 10.24. Nexnet Solutions 10.25. Relay2 10.26. Optiva 10.27. Comarch SA 11. Key Findings 12. Industry Recommendations 13. Next Generation OSS and BSS Market: Research Methodology 14. Terms and Glossary