The Cloud Operations Support System (OSS) Business Support System (BSS) market was valued at US$15.083 billion in 2019 and is expected to grow at a CAGR of 14.04% over the forecast period to reach a market size of US$33.184 billion by 2025. The growth of cloud OSS BSS is majorly attributed to the rapid growth of the communication and technology industry in many regions. Continuously increasing customer base for telecommunication service providers worldwide, driving with the costs associated with support systems, is increasing steering these telco providers towards the cloud. The increasing focus of these service providers towards cost reduction is increasing the adoption of cloud OSS BSS among them. Increasing adoption of convergent billing systems and increasing focus of telco service providers towards offering better services to their customers, to gain a competitive edge in this highly competitive industry, is further increasing the adoption of cloud OSS BSS, thus boosting the market growth.
This research study examines the current market trends related to demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases, and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the cloud OSS BSS value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and efficient understanding of the cloud OSS BSS market.
Major industry players profiled as part of the report are TCS, Amdocs, Comarch, Ericsson, Hewlett Packard Enterprise, Huawei, IBM, Oracle, and Sigma Systems.
The cloud OSS BSS market is segmented by deployment model, enterprise size, and geography.
By Deployment Model
By Enterprise Size
Middle East and Africa
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