OSS/BSS Market Analysis, Strategic Assessment, Trend Outlook and Business Opportunities By 2027
The OSS/BSS market analysis document represents a detailed collection of prioritized market definitions, industry scope and reach, and pivotal industry insights. Information about the many pitfalls of the market as well as the frequent challenges encountered by core industry players have been summarized in the report. That apart, the document also endorses details about the numerous driving parameters impacting the revenue landscape of this vertical.
The market is slated to register commendable gains in the near future, driven by the surging demand for ensuring high-quality service delivery and for streamlining of customer service functions.
Numerous organizations are depicting the trend of digitization with their shift towards the adoption of cloud-based software solutions. Given that cloud-based OSS/BSS solutions offer major opportunities for market expansion, key companies are focusing on emerging technologies, including 5G and Big Data analytics, for the development of innovative solutions for their customers.
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The market from cloud services will record commendable gains over the forecasted period. This is on account of their flexible configuration and re-usability, which simplifies the process of rolling out a new service.
Cloud services are popular among CSPs and other businesses due to the increasing cost effectiveness along with the flexibility and scalability of cloud systems. These factors are expected to impel the adoption of OSS/BSS tools over the analysis period.
The media & entertainment segment will expand at a CAGR of more than 15% from 2021 to 2027. This growth is due to the surging demand for video streaming services and on-demand videos.
With an increase in customer demand, businesses are required to provide services in a rapid manner and with higher quality. Therefore, companies are in search of new ways to improve their service delivery for customers.
The SME segment in the market is likely to register commendable growth between 2021 and 2027. This upsurge is due to the extensive adoption of OSS/BSS solutions across small and medium enterprises for improving operational productivity and enhancing the knowledge and skills of entrepreneurs.
These factors are expected to create several opportunities for the growth of SMEs in the market.
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The Asia Pacific OSS/BSS market is likely to grow significantly with around 15% CAGR over the forecast period. The regional market growth is majorly attributed to wide investments in the commercialization of 5G along with increasing penetration of LTE among developing economies like China and India.
Major Key Points from Table of Content:
Chapter 6 OSS/BSS Market, By Deployment Model
6.1 Key trends, by deployment model
6.2 Cloud
6.2.1 Cloud OSS/BSS market size, 2016-2027
6.3 On-premise
6.3.1 On-premise market size, 2016-2027
Chapter 7 OSS/BSS Market, By Enterprise Size
7.1 Key trends, by enterprise size
7.2 SMEs
7.2.1 SMEs OSS/BSS market size, 2016-2027
7.3 Large enterprises
7.3.1 Large enterprise market size, 2016-2027
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