HOME › Research Insight › Operation Support Systems / Business Support Systems (OSS/BSS) market focuses on comprehensive portfolio of real-time infrastructure software solution for telecom networks
Operation Support Systems / Business Support Systems (OSS/BSS) market focuses on comprehensive portfolio of real-time infrastructure software solution for telecom networks
Operation Support Systems / Business Support Systems (OSS/BSS) market focuses on comprehensive portfolio of real-time infrastructure software solution for telecom networks; OSS/BSS portfolio includes solution such as assurance, billing & revenue management, customer relationship management, and fulfillment and network & cloud management. Assurance solution helps telecom enterprises analyze and address customer requirement and deliver superior experience of the network process. Billing & Revenue management helps telecom vendors to solve the billing and charging challenges, with the advanced process that reduces response time to client delivery. Customer management solution of OSS/BSS assists in eliminating the obstacles that hinders superior customer experience. MarketsandMarkets expects the global OSS/BSS market size to grow from USD 23.95 Billion in 2015 to USD 42.81 Billion in 2020, at a compound annual growth rate of (CAGR) of 12.31 % in the forecast period.
The key players in the OSS/BSS market include Amdocs, Accenture, HP, IBM, Oracle Corporation, Tata Consultant Services, Ericsson, Tech Mahindra, Huawei Technology, and Nokia Networks. These players adopted various strategies to expand their global presence and increase their market share. Partnerships, agreements, collaborations, joint ventures, mergers, and acquisitions, expansions, and new product and version launches were some of the major strategies adopted by the market players to achieve growth in the OSS/BSS market.
In 2015, the OSS/BSS market was dominated by companies such as Amdocs and Ericsson. Both of these companies enjoy large market share, are continuously introducing more innovative solutions, and consistently integrating emerging technologies with the solutions and services. As a part of it, recently Ericsson acquired MetraTech Corp., a leading provider of metadata-based billing provider which enabled Ericsson to offer new sets of product offerings in cloud billing as well as expand its market presence in the U.S. Also, Amdocs launched a new solution, CES 9.3, in its latest portfolio release for online commerce, big data marketing, and network analytics. Amdocs is focusing to expand its capabilities in network optimization, OSS, and policy control solution and continues to be the leading BSS solutions provider
MarketsandMarkets has recently published its latest research report on the OSS/BSS Market titled “OSS/BSS - Global Advancements, Market Forecasts and Analysis (2015 - 2020)”. This comprehensive coverage of this market provides important inputs, such as drivers, restraints, and opportunities. It also profiles the major players in this market, maps the competitive landscape, and provides the overall perspective on the OSS/BSS market in the various end user and regions.
Operation & Business Support System Market by Oss Solutions (Network Planning & Design, Service Delivery), by BSS Solutions (Product/Service Management, Customer Management, Revenue Management), by End-Users and by Geography - Analysis & Forecasts to 2020
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