North America Operation and Business Support System Market– Industry Analysis and Market Forecast (2023-2029)

North America Operation and Business Support System Market is expected to grow at a CAGR of 5.12% during the forecast period, to reach US$ 17.16 Bn. by 2029.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by regionTo know about the Research Methodology:-Request Free Sample Report

Business support systems also known as BSS are referred to the components that a telecommunications service provider uses for running its business operations. Together with operations support systems or OSS, these are used for supporting various end-to-end telecommunication services. BSS and OSS both have their own data and service responsibilities.

A BSS works for providing a service provider with a convergent, integrated and synchronized business environment. Any good BSS provides system control having a tailored scheduling for service providers that facilitates the implementation of required changes without overall impacting the customer satisfaction. The BSS activities typically include billing and rating, customer data management, customer order management, business-to-business (B2B) and business-to-consumer (B2C) services.

At a higher level, there are mostly three types of operations support systems. It is the integrated single-provider OSS, having the entire software suite that is provided using a single vendor. Here in this case, it is the integration of features as well as components that remains the responsibility of vendor.

Another type would be OSS created from a common standard architecture, typically the architecture defined that are already defined by the Tele Management Forum or TMF and enhanced Telecommunications Operations Map. All these work on providing detailed structural and interface rules. Another type being, OSS created through discrete integration of components where the users may build up their own OSS by selecting components for integration

North America Operation and Business Support System Market is one of the major markets for operation and business support system with U.S. and Canada forming the two major regions profiled under the scope of this report. There are presently, no standards that completely define a network management interface to an operations support system given at a sufficient detail for supporting complete network control by the OSS processes. Yet the changes in the telecommunication sector have made way for higher applications of operation and business support system, resulting in the overall North America Operation and Business Support System Market growth.
North America Operation and Business Support System Market, Key Highlights:
• North America Operation and Business Support System Market size analysis and forecast
• Comprehensive study and analysis of market drivers, restraints, and opportunities influencing growth of the North America Operation and Business Support System Market.
• North America Operation and Business Support System Market segmentation on the basis of solution, end-user, and geography
• North America Operation and Business Support System Market strategic analysis with respect to individual growth trends, future prospects along with contribution of various sub-market stakeholders have been considered under the scope of study
• North America Operation and Business Support System Market analysis and forecast for major countries has been provided.
• Profiling of key industry players, their strategic perspective, market positioning and analysis of core competencies
• Competitive landscape of the key players operating in the North America Operation and Business Support System Market including competitive developments, investments, and strategic expansion
North America Operation and Business Support System Market Scope: Inquire before buying



North America Operation and Business Support System Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 12.10 Bn.


Forecast Period 2023 to 2029 CAGR:
5.12%
Market Size in 2029:
US $ 17.16 Bn.


 Segments Covered:
by Operating Support System Solution
• Network Planning & Design
• Service Delivery
• Service Assurance
• Service Fulfilment
• Customer Care
• Others


by Business Support System Solution
• Customer Management
• Product/Service Management
• Revenue Management
• Order Management
• Others


by End User
• Telecom Enterprises
• Banking, Finance Services & Insurance
• Retail
• Government
• Manufacturing
• Others


by Country
• North America
• US
• Canada



North America Operation and Business Support System Market Key Players are:
• International Business Machines Corporation
• Mycom OSI (UK)
• Nokia Networks
• Oracle Corporation
• Subex Limited
• TEOCO Corporation
• Tata Consultancy Services (TCS)
• Ericsson
• Tech Mahindra
• LM Ericsson Telephone Company (Sweden)
• Hewlett Packard Enterprise Company (U.S)
• Huawei Technologies Co., Ltd
• Sigma Systems
• Accenture
• Amdocs
• Cisco Systems, Inc.
• Comarch S.A.

Frequently Asked Questions:

1. Which Country has the largest share in North America Operation and Business Support System Market?
Ans: US held the highest share in 2022.

2. What is the growth rate of North America Operation and Business Support System Market?
Ans: The North America Operation and Business Support System Market is growing at a CAGR of 5.12% during forecasting period 2023-2029.

3. What is scope of the North America Operation and Business Support System Market report?
Ans: North America Operation and Business Support System Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in North America Operation and Business Support System Market?
Ans: The important key players in the North America Operation and Business Support System Market are – IBM Corporation, Mycom OSI , Nokia Networks, Oracle Corporation, Subex Limited, TEOCO Corporation, Tata Consultancy Services, Ericsson, Tech Mahindra, LM Ericsson Telephone Company, Hewlett Packard Enterprise Company, Huawei Technologies Co., Ltd, Sigma Systems, Accenture, Amdocs, Cisco Systems, Inc.

5. What is the study period of this Market?
Ans: The North America Operation and Business Support System Market is studied from 2022 to 2029.