Next Generation OSS and BSS Market Size, Share, Trends, Growth 2032

Next Generation OSS and BSS Industry Prospective:

According to the report published by Zion Market Research, the global Next Generation OSS and BSS Market size was valued at USD 85.94 Billion in 2023 and is predicted to reach USD 335.53 Billion by the end of 2032. The market is expected to grow with a CAGR of 16.34% during the forecast period.

The report analyzes the global Next Generation OSS and BSS Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Next Generation OSS and BSS industry.

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Global Next Generation OSS and BSS Market: Overview

The next generation OSS and BSS offer capabilities that are crucial for all types of Communication Service Providers (CSP) including Over-the-Top (OTT) providers, Multiple System Operators (MSO), and integrated legacy carriers such as cable/Internet, wireless & fixed. Network optimization, performance management, customer service, communication service, and automation of billing are the services offered by next generation OSS and BSS.

Global Next Generation OSS and BSS Market: Growth Factors

The global next generation OSS and BSS market is growing at a rapid rate. An increase in mobile network operators & telecommunication suppliers, the growing use of smartphones, and the growing demand for OSS & BSS for revenue management are some of the chief aspects that are strengthening the growth of the global market. In addition to this, growing demand for system development and professional services are further augmenting the growth of the global market.

Further, the infrastructure of OSS and BSS updates the corporate database, support enterprise communication, control industrial process, and provides efficient business transaction. Also, next generation OSS and BSS enable the carriers to swiftly deploy new services at a lower cost thereby enhancing their competitive power. All these factors are effectively contributing to the growth of the global next generation OSS and BSS market.

Moreover, increase in demand with growing adoption of IoT-based technologies and next generation apps & services is boosting the growth of the global market. In addition to this, increase in investment of the key players for the development of next generation OSS and BSS infrastructure is driving the market growth.

Furthermore, rise in innovations in communication service and growing demand for customer experience management may lead to better opportunities for the growth of the global next generation OSS and BSS market over the forecast period. However, the need for highly technical network management processes may hinder the growth of the global next generation OSS and BSS market.

Despite the unavoidable challenges caused by the emergence of COVID-19, the global next generation OSS and BSS market has witnessed a healthy growth rate. The telecommunication suppliers and network expanded rapidly during the pandemic region owing to remote working policies enforced by the organizations. An increase in demand for next generation OSS and BSS was registered owing to its numerous advantages. All such factors have positively impacted the global market during the Covid-19 pandemic. In addition to this, the growing necessity for the deployment of services at low cost also contributed to a healthy growth of the market.

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Global Next Generation OSS and BSS Market: Segmentation

The global next generation OSS and BSS market is categorized based on network, architecture type, and region.

Based on network, the global next generation OSS and BSS market is bifurcated into cable & satellite, mobile virtual network enabler (MVNE), mobile, and fixed & wireless. Among these, the mobile segment is expected to dominate the market during the forecast period.

The architecture type segment consists of revenue management, network management systems, service assurance, account management, customer management, and service fulfillment. Among these, revenue management is estimated to account for the largest share over the forecast period.

Next Generation OSS and BSS Market: Report Scope

Global Next Generation OSS and BSS Market: Regional Analysis

North America is predicted to dominate the global next generation OSS and BSS market in terms of revenue over the forecast period. Factors such as the presence of major players and state-of-the-art infrastructure are primarily bolstering the growth of the market in this region. Asia Pacific market is likely to grow rapidly and register the fastest growth over the forecast period. This is attributed to the rapidly expanding telecom industry, presence of a strong network, and increase in the use of mobile.

Global Next Generation OSS and BSS Market: Competitive Players

Some of the major players that are operating in the global next generation OSS and BSS market are

• Amdocs, Inc
• Accenture plc
• Capgemini SE
• Huawei Technologies Co., Ltd
• Hewlett Packard Enterprise Company
• Dorado Software
• Log Net Systems Ltd
• IBM Corporation
• Oracle Corporation
• CSG Systems International, Inc

The global Next Generation OSS and BSS Market is segmented as follows:

By Network

• Cable & Satellite
• Mobile Virtual Network Enabler (MVNE)
• Mobile
• Fixed & Wireless

By Architecture Type

• Revenue Management
• Network Management Systems
• Service Assurance
• Account Management,
• Customer Management
• Service Fulfillment

Global Next Generation OSS and BSS Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.