OSS & BSS Market Size & Share 2022-2027 | Industry Forecast, Analysis, Report, Trends, Growth

 The global OSS & BSS market size reached US$ 46.84 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 101.26 Billion by 2027 exhibiting a growth rate (CAGR) of 12.50% during 2022-2027.

Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

An operation support system (OSS) represents software that is used to manage the operating system or communication networks. It handles network planning and maintains network inventories, such as computers, routers, servers, etc. On the other hand, a business support system (BSS) automates and supports core business activities and management functions, such as product, customer, revenue, order, etc. It offers information regarding payment orders, customer relationships, new sign-ups, etc. Consequently, OSS and BSS are extensively utilized by organizations to manage various areas of business efficiently.

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OSS & BSS Market Trends and Drivers: 

The inflating need for efficient portfolio and telecom site management software is primarily driving the OSS and BSS market. Additionally, continuous improvements in telecom infrastructures are augmenting the adoption of these tools to support business functions, including marketing, product offerings, sales, contracting, delivery of services, etc., which is further catalyzing the market growth.

Besides this, the escalating demand for streamlining billing systems, enhancing customer experiences, improving business agility, etc., is acting as another significant growth-inducing factor. Moreover, the increasing focus on personalization and diversity across communication industries and platforms is also positively influencing the global market.

Apart from this, the growing utilization of industrial automation, business intelligence (BI), artificial intelligence (AI), and machine learning (ML) technologies for building efficient digitized business processes is anticipated to fuel the OSS and BSS market over the forecasted period.

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OSS & BSS Market Report Scope

Report Coverage

Details

Market size value in 2021

US$ 46.84 Billion

Market forecast in 2027

US$ 101.26 Billion

Growth Rate

CAGR of 12.50% from 2022 to 2027

Base year for estimation

2021

Historical data

2016-2021

Forecast period

2022-2027

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Component, Oss solution type, Deployment mode, Organization size and Industry vertical.

Regional scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa

Key companies profiled

Amdocs, Cisco Systems Inc., Comarch SA, Hewlett Packard Enterprise Development LP, Huawei Technologies Co. Ltd., Infosys Limited, Netcracker Technology Corporation (NEC Corporation), Nokia Corporation, Oracle Corporation, Suntech S.A. and Telefonaktiebolaget LM Ericsson.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization preview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Component:

  • Solution
  • Services

Breakup by Oss Solution Type:

  • Network Planning and Design
  • Service Delivery
  • Service Fulfillment
  • Service Assurance
  • Billing and Revenue Management
  • Network Performance Management
  • Customer and Product Management
  • Others

Breakup by Deployment Mode:

  • On-premises
  • Cloud-based

Breakup by Organization Size:

  • Small and Medium-sized Enterprises
  • Large Enterprises

Breakup by Industry Vertical:

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

By Geography:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

List of Major Key Players:

The major players in the market are

  • Amdocs
  • Cisco Systems Inc.
  • Comarch SA
  • Hewlett Packard Enterprise Development LP
  • Huawei Technologies Co. Ltd.
  • Infosys Limited
  • Netcracker Technology Corporation (NEC Corporation)
  • Nokia Corporation
  • Oracle Corporation
  • Suntech S.A.
  • Telefonaktiebolaget LM Ericsson.

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