LONDON–(BUSINESS WIRE)–#GlobalOperationsSupportBusinessSupportOSSBSSSoftwareMarket–The operations support business support (OSS BSS) software market is expected to grow by USD 34.57 billion, progressing at a CAGR of over 12% during the forecast period. Click & Get Free Sample Report in Minutes
The growing adoption of cloud-based BSS is one of the major factors propelling market growth. However, factors such as lack of in-house expertise will hamper the market growth.
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Operations Support Business Support (OSS BSS) Software Market: Product Landscape
Market definition Operations support systems (OSS) refer to specialized software through which a telecom network supports different components within the system, such as network operations, service management, and provisioning services. Business support systems (BSS) refers to software that handles tasks such as customer support processes, billing services, order management, and fraud management. Market growth in this segment will be slower than the growth of the market in the BSS segment.
Operations Support Business Support (OSS BSS) Software Market: Geographic Landscape
North America was the largest operations support business support (OSS BSS) software market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Factors such as a rise in IoT, implementation of automation across end-user industries, increasing investments in smart city initiatives, and increasing use of social networking platforms are driving the growth of the OSS BSS software market in North America. 35% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for operations support business support (OSS BSS) software in North America. Market growth in this region will be slower than the growth of the market in APAC.
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Companies Covered:
- Amdocs Ltd.
- Accenture Plc
- CSG Systems International Inc.
- Telefonaktiebolaget LM Ericsson
- Hewlett Packard Enterprise Co.
- Huawei Investment & Holding Co. Ltd.
- International Business Machines Corp.
- Nokia Corp.
- Oracle Corp.
- SAP SE
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019-2024
Five Forces Analysis
- Five Force summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- OSS – Market size and forecast 2019-2024
- BSS – Market size and forecast 2019-2024
- Market opportunity by Product
Customer landscape
- Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers – Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Amdocs Ltd.
- Accenture Plc
- CSG Systems International Inc.
- Telefonaktiebolaget LM Ericsson
- Hewlett Packard Enterprise Co.
- Huawei Investment & Holding Co. Ltd.
- International Business Machines Corp.
- Nokia Corp.
- Oracle Corp.
- SAP SE
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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