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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global OSS BSS Market Outlook
The global OSS BSS market attained a value of USD 57.74 billion in 2023 and expected to grow in the forecast period of 2024-2032 at a CAGR of 13.1% to reach USD 175.73 billion by 2032.
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Increase in the Demand from the Telecommunications Sector to Augment the OSS BSS Industry Growth
The rising demand for more advanced technologies for supporting services, such as cloud and M2M, is driving the growth of the market. The increasing number of mobile customers is leading to additional demand on these systems, making the network more diversifiable, scalable, and flexible, thus, furthering the market growth. The market is quickly developing as a result of the increasing desire to simplify the functioning of the customer service and assure high quality of service. Moreover, the rising adoption of 5G is expected to propel the market growth by opening up new growth prospects as a well-structured OSS BSS system maximises the commercial potential of 5G.
In addition, the rising adoption of OSS BSS by telecom services suppliers to manage their company operations with respect to their customers is projected to further propel the market growth. The adoption of the OSS and BSS solutions by telecom operators is driven by an increase in the deployment of remote working norms and video and distant learning policies that have created a surge in the demand for dependable internet connections.
OSS BSS: Market Segmentation
OSS is a phrase used to describe operator information processing systems for managing their communications networks. BSS, meanwhile, is typically used to define the functioning of the company or client. Together, OSS and BSS enable network operators to deliver services to a huge number of customers on some of the most sophisticated machines worldwide.
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The major components of OSS BSS are:
- Solution
- Service
The market can be broadly categorised on the basis of OSS solution types into:
- Network Planning and Design
- Service Delivery
- Service Fulfilment
- Service Assurance
- Network Performance Management
- Customer and Product Management
- Others
The market can be classified on the basis of deployment mode as:
- On-Premise
- Cloud
The organisation size in the BSS OSS market are:
- Small and Medium Enterprises
- Large Enterprises
The market can be classified based on industry into:
- IT and Telecom Enterprises
- BFSI
- Media and Entertainment
- Retail and E-commerce
- Others
The EMR report looks into the regional markets of OSS BSS like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Adoption of Cloud OSS BSS to Boost the Market Growth
The expansion of the OSS BSS industry is being driven by the increasing cloud OSS BSS demand due to its benefits in business optimisation like flexibility and cost-efficiency. Moreover, due to high entrance/exit barriers pertaining to on-site solutions, modern communication service providers are increasingly shifting their preference towards cloud OSS BSS because of their quick lead time to the market, their rapid deployment, and efficient management of the networks. Further, technologies like the internet of things (IoT) are expected to create profitable market growth possibilities. Moreover, the rising development of next generation OSS BSS (NGOSS) is projected to further propel the market growth over the forecast period.
Key Industry Players in the Global OSS BSS Market
The report presents a detailed analysis of the following key players in the global OSS BSS market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Cisco Systems Inc.
- Nokia Corporation
- Huawei Corporation
- Accenture PLC
- Netcracker Technology Corporation
- Capgemini SE
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Component |
|
| Breakup by OSS Solution Types |
|
| Breakup by Deployment Mode |
|
| Breakup by Organisation Size |
|
| Breakup by Industry |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
OSS BSS Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global OSS BSS market attained a value of nearly USD 57.74 billion.
The market is projected to grow at a CAGR of 13.1% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 175.73 billion by 2032.
The major drivers of the market include increasing number of mobile customers, rising adoption of 5G and telecom services suppliers, internet of things (IoT), and the preference of modern communication service providers due to high entrance/exit barriers pertaining to on-site solutions.
The rising demand for more advanced technologies for supporting services and increasing cloud OSS BSS demand due to its benefits in business optimisation are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The components include solution and service.
The various categories on the basis of solution types are network planning and design, service delivery, service fulfilment, service assurance, network performance management, and customer and product management, among others.
On the basis of deployment, the market is classified in to on-premises and cloud.
The organisation size includes small and medium enterprises, and large enterprises.
On the basis of industry, the market is classified in to IT and telecom enterprises, BFSI, media and entertainment, retail and E-commerce, among others.
The major players in the industry are Cisco Systems Inc., Nokia Corporation, Huawei Corporation, Accenture PLC, Netcracker Technology Corporation, and Capgemini SE, among others.
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