Global OSS-BSS Software Market Demands TO Reach At CAGR of 18.52% Over Period 2016-2020
OSS refers to a specialized software through which a telecom network supports various components within the system such as network operations, service management, and provisioning services, whereas BSS refers to the software that handles tasks such as customer support processes, billing services, order management, and fraud management. These systems support in streamlining operations and implementing service fulfillment. These applications are extensively helpful to manage complex networks and IT infrastructure, service delivery, and customer support. Therefore, telecom operators are investing billions of dollars in revamping their traditional network solutions.
Technavios analysts forecast the global OSS-BSS software market to grow at a CAGR of 18.52% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global OSS-BSS software market for 2016-2020. To calculate the market size, the report considers the revenue generated from the following:
Deployment of OSS and BSS platforms and applications at telecom operator’s business systems
Sale of cloud billing services such as subscription and update services
Functions such as installation, predictive maintenance, and support of the software
Increased M&A activities among telecom operators, infrastructure providers, and software providers
The market is divided into the following segments based on geography:
Americas
EMEA
APAC
Technavio’s report, Global OSS-BSS Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Amdocs
Ericsson
Huawei
NetCracker
Oracle
Redknee
Other prominent vendors
Aria Systems
Accenture
Analytica Resources
Cerillion
Comarch
Comptel
CSG International
Elitecore Technologies
Global Convergence Solutions
Hewlett-Packard
Hitachi Data Systems
Intec Systems
SAP
Sigma Systems
Subex
Wipro
Xalted Information Systems
Market driver
Increased adoption of convergent billing systems
For a full, detailed list, view our report
Market challenge
Integration issues with legacy systems
For a full, detailed list, view our report
Market trend
Demand for customized OSS-BSS software
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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