The cloud OSS BSS market has been segmented based on types, solutions, services, deployments, end-user types, and regions. A detailed analysis of the key industry players has been done to provide key insights into their business overviews, products and services, key strategies, new product launches, partnerships, agreements, and collaborations, business expansions, and competitive landscape associated with the cloud OSS BSS market. Learn details of the Size, Growth and Key Company Analysis Report 2022
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The cloud Operation Support System (OS…stem (BSS) market size is expected to grow from 11.67 billion in 2017 to USD 21.77 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 13.3% during the forecast period. The market is driven by factors, such as need for business agility, faster deployment and scalability, increasing awareness about cloud OSS BSS among Communication Service Providers (CSPs) globally, and reduced costs of ownership.
However, CSPs face some obstacles while adopting cloud OSS BSS, such as security concerns and resistance to adopt cloud technologies.
The cloud-based inventory and warehouse management solution manages daily operations in a warehouse and enables centralized management of tasks, such as inventory control, tracking, and location of stock items.
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North America is expected to hold the largest market share and dominate the cloud OSS BSS market from 2017 to 2022. The proliferation of mobile devices, data services, and Over The Top (OTT) services have contributed to the growth of the cloud OSS BSS market in this region.
The APAC region is in the initial growth phase; however, it is the fastest-growing region in the global cloud OSS BSS market. The key reasons for the high growth rate in APAC include the diverse subscriberbase in many countries, increased spending on Information Technology (IT) infrastructure, and rising cloud-based applications in this region.
The break-up profiles of primary participants is given below as:
- By company: Tier 1 – 43%, Tier 2 – 35%, and Tier 3 – 22%
- By designation: C-level – 60%, Director level – 25%, and Others – 15%
- By region: North America – 44%, Europe – 25%, APAC – 21%, and RoW- 10%
Key Points From Table Of Content:
5 Market Overview and Industry Trends
5.2 Regulatory Implications
5.2.1 Payment Card Industry Data Security Standard (PCI –DSS)
5.2.2 Federal Information Security Management Act (FISMA)
5.2.3 International Organization for Standardization/ International Electrotechnical Commission 27018
5.3 Innovation Spotlight
5.4 Market Dynamics
22.214.171.124 Increasing Adoption of Tailored Cloud OSS BSS Solutions
126.96.36.199 Growing Demand for Convergent Billing Systems
188.8.131.52 Enhancing Overall Customer Experience
184.108.40.206 Lower Operational Expenses
220.127.116.11 Resistance to the Adoption of Cloud Technologies
18.104.22.168 Rising Concerns Regarding Cloud Security
22.214.171.124 Adoption of Cloud Technologies Would Transform the Telecom Industry
126.96.36.199 Growth of Telecom Industry With Next-Generation Operation Systems and Software (NGOSS) Framework
188.8.131.52 Increasing Complexity in Network Integration
184.108.40.206 High Volume of Customer Transactions
13 Company Profiles
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
13.1 Accenture PLC
13.2 Amdocs Limited
13.3 Cisco Systems, Inc.
13.4 Comarch S.A.
13.5 LM Ericsson Telephone Company
13.6 Hewlett Packard Enterprise (HPE) Company
13.7 Huawei Technologies Co., Ltd.
13.8 International Business Machines (IBM) Corporation
13.9 Comviva Technologies Limited
13.10 Mycom OSI
13.11 Nokia Corporation
13.12 Oracle Corporation
13.13 Sigma Systems
13.14 Subex Limited
13.15 Teoco Corporation
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