The Europe Next Generation OSS And BSS Market would witness market growth of 12.8% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Next Generation OSS And BSS Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $9,304 million by 2031. The UK market is exhibiting a CAGR of 11.9% during (2024 - 2031). Additionally, The France market would experiencing expected to witness a CAGR of 13.7% during (2024 - 2031).
At the heart of this transformation is the telecom industry, where the rollout of 5G networks has introduced unprecedented challenges and opportunities. The ultra-fast speeds, low latency, and massive device connectivity capabilities of 5G have made traditional OSS/BSS systems inadequate for managing the complexity of modern networks. Service providers are turning to cloud-native, AI-driven OSS platforms that monitor, manage, and optimize networks in real-time.
Moreover, beyond telecommunications, the adoption of next-generation OSS/BSS solutions is expanding into the banking, retail, and energy industries. Enterprises in these sectors leverage these systems to enable digital transformation, improve operational efficiency, and enhance customer interactions.
Europe's next generation OSS and BSS market is experiencing robust growth, driven by widespread digital transformation, advancements in 5G networks, and the increasing adoption of IoT and cloud technologies. Regional initiatives such as the Digital Europe Programme and the European 5G Observatory support the deployment of advanced telecom infrastructures and foster innovation in network management and customer service platforms. According to the European 5G Observatory, basic 5G household coverage (including both standalone 5G and non-standalone 5G) now stands at 89% across the EU. Network coverage that relies on the high-performance 3.6 GHz band has reached 51%. The region's regulatory framework, which fosters fair competition and consumer protection, further contributes to adopting modern OSS and BSS systems.
Free Valuable Insights: The Global Next Generation OSS And BSS Market will Hit USD 147.69 Billion by 2031, at a CAGR of 13.0%
Based on Network, the market is segmented into Mobile, Fixed & Wireless, Cable & Satellite, Mobile Virtual Network Enabler (MVNE), and Other Network. Based on Architecture, the market is segmented into Revenue Management, Service Fulfillment, Customer Management, Service Assurance, Account Management, and Network Management Systems (NMS) & Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Network
By Architecture
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