Next-Generation OSS & BSS Market Focuses on Market Share, Size and Projected Forecast Till 2031

The Global Next-Generation OSS & BSS market is expected to grow annually by 9.6% (CAGR 2024 - 2031). The Global Market Overview of "Next-Generation OSS & BSS Market" provides a special perspective on the major patterns influencing the market in the biggest markets as well as globally from 2024 to 2031 year.

Introduction to Next-Generation OSS & BSS Market Insights

The Next-Generation OSS & BSS market is rapidly evolving, with a projected CAGR of %. To stay ahead in this dynamic landscape, companies are leveraging advanced technologies like artificial intelligence, machine learning, and big data analytics to gather market insights. These futuristic approaches provide a comprehensive understanding of customer behavior, competitor strategies, and emerging trends, enabling businesses to make informed decisions and drive innovation. By leveraging these insights, companies can anticipate market shifts, identify new opportunities, and adapt their offerings to meet changing customer demands. This proactive approach will enable businesses to stay competitive in the fast-paced Next-Generation OSS & BSS market, ultimately shaping future trends and driving growth.

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Market Trends Shaping the Next-Generation OSS & BSS Market Dynamics

1. Cloud-based solutions: The shift towards cloud-based OSS & BSS allows for greater scalability, flexibility, and cost-effectiveness for telecom operators.

2. Automation: Increasing automation in processes like network provisioning and customer billing is improving efficiency and reducing human errors.

3. AI and machine learning: Integration of AI and machine learning technologies is enabling predictive analytics, personalized customer experiences, and proactive issue resolution.

4. Virtualization: The growth of virtualized networks and services is driving the need for OSS & BSS systems that can support multi-vendor environments and manage virtualized resources.

5. 5G rollout: The deployment of 5G networks is creating a demand for OSS & BSS solutions that can support the increased speed, bandwidth, and complexity of these networks.

6. Convergence of IT and telecom: The convergence of IT and telecom services is driving the need for OSS & BSS systems that can handle both traditional telco services and emerging digital services.

Market Segmentation:

This Next-Generation OSS & BSS Market is further classified into Overview, Deployment, Application, and Region. 

In terms of Components, Next-Generation OSS & BSS Market is segmented into:

• Accenture
• Amdocs
• Capgemini
• CSG System
• HPE
• Huawei

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The Next-Generation OSS & BSS Market Analysis by types is segmented into:

• Hardware Facilities
• System Service

Next-Generation OSS & BSS market is divided into two types - Hardware Facilities and System Service market. Hardware Facilities refer to the physical components required for the operation of OSS & BSS systems, such as servers, routers, and storage devices. System Service market, on the other hand, pertains to the services provided to operate and maintain OSS & BSS systems, including installation, configuration, maintenance, and support. Both markets are essential for the smooth functioning of OSS & BSS systems in the telecommunications industry.

The Next-Generation OSS & BSS Market Industry Research by Application is segmented into:

• Cable & Satellite
• Fixed & Wireless
• Mobile
• MVNO/MVNE

Next-Generation OSS & BSS applications are crucial for the Cable & Satellite, Fixed & Wireless, Mobile, and MVNO/MVNE markets. These advanced systems enable service providers to efficiently manage their operations, billing, customer service, and network infrastructure. By using Next-Generation OSS & BSS solutions, companies in these markets can streamline processes, improve customer experience, and stay competitive in the rapidly evolving telecommunications industry. These applications provide a comprehensive suite of tools to support various services and technologies across different market segments.

In terms of Region, the Next-Generation OSS & BSS Market Players available by Region are:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The Next-Generation OSS & BSS market is expected to experience significant growth in regions such as North America (United States, Canada), Europe (Germany, France, ., Italy, Russia), Asia-Pacific (China, Japan, South Korea, India, Australia, Indonesia, Thailand, Malaysia), Latin America (Mexico, Brazil, Argentina, Colombia), and Middle East & Africa (Turkey, Saudi Arabia, UAE, Korea). North America and Europe are expected to dominate the market, with a combined market share of over 50%. The market valuation in these regions is projected to reach $10 billion by 2025, driven by increasing demand for advanced telecommunication services and digital transformation initiatives.

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Next-Generation OSS & BSS Market Expansion Tactics and Growth Forecasts

As the demand for Next-Generation OSS & BSS solutions continues to rise, companies are exploring innovative strategies to expand their market presence. One key tactic is to form cross-industry collaborations and ecosystem partnerships to offer integrated solutions that meet a wide range of customer needs. By partnering with companies in related industries, such as telecommunications, cloud computing, and IoT, OSS & BSS providers can access new markets and drive growth.

Disruptive product launches are also a critical strategy for market expansion. By introducing cutting-edge technologies such as AI, machine learning, and automation, companies can differentiate themselves in a crowded market and attract new customers. These advanced capabilities improve operational efficiency, reduce costs, and enhance the overall customer experience.

Based on these strategies and industry trends, the Next-Generation OSS & BSS market is forecasted to experience significant growth in the coming years. As companies continue to invest in digital transformation and seek more sophisticated solutions to manage their operations, the demand for innovative OSS & BSS products will only continue to increase. This expansion is expected to be driven by a combination of cross-industry collaborations, ecosystem partnerships, and disruptive product launches.

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Competitive Landscape

Amdocs is a leading player in the next-generation OSS & BSS market, providing software and services to communications and media companies. The company was founded in 1982 and has since grown to become a global leader in customer experience solutions, revenue management, and digital transformation. Amdocs has a strong presence in North America, Europe, and Asia Pacific regions, serving some of the largest telecommunications and media companies in the world.

In terms of market growth, Amdocs has consistently expanded its product portfolio and customer base, driving revenue growth year over year. In 2020, the company reported sales revenue of $ billion. With a focus on innovation and a customer-centric approach, Amdocs continues to be a key player in the OSS & BSS market.

Accenture is another significant player in the next-generation OSS & BSS market, offering a range of services and solutions to help companies streamline their operations and deliver better customer experiences. The company has a strong track record of success and has seen steady revenue growth in recent years. In 2020, Accenture reported sales revenue of $44.3 billion, making it one of the largest consulting and technology services companies in the world. Accenture's continued investment in digital transformation and innovation is expected to drive further growth in the OSS & BSS market.

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