The Next Generation OSS And BSS Market is Predict to reach USD 147.69 Billion by 2031, at a CAGR of 13.0%

Next Generation OSS And BSS Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Next Generation OSS And BSS Market size is expected to reach $147.69 billion by 2031, rising at a market growth of 13.0% CAGR during the forecast period.

The Mobile segment is leading the Global Next Generation OSS And BSS Market by Network in 2023; thereby, achieving a market value of $44.8 billion by 2031. The mobile segment drives significant growth in the market due to the widespread adoption of smartphones, increasing data consumption, and the rapid deployment of 4G and 5G networks. The rising demand for seamless mobile experiences, real-time billing, and efficient customer management has pushed telecom operators to invest in advanced OSS/BSS platforms. Additionally, the proliferation of mobile applications and IoT devices has increased the complexity of managing mobile networks, necessitating innovative solutions to optimize performance and enhance customer satisfaction.

The Service Fulfillment segment is anticipating a CAGR of 12.3% during (2024 - 2031). As telecom operators strive to meet customer expectations for instant activations, configurations, and service provisioning, advanced OSS/BSS solutions for service fulfillment have become essential. The integration of automation and AI-driven workflows in provisioning and order management has further streamlined operations, enabling faster deployment of services such as 5G, IoT, and broadband.

Full Report: https://www.kbvresearch.com/next-generation-oss-and-bss-market/

The North America region dominated the Global Next Generation OSS And BSS Market by Region in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $54.4 billion by 2031. The Europe region is experiencing a CAGR of 12.8% during (2024 - 2031). Additionally, The Asia Pacific region would exhibit a CAGR of 13.6% during (2024 - 2031).

List of Key Companies Profiled

• Microsoft Corporation
• Oracle Corporation
• SAS Institute Inc.
• Amazon Web Services, Inc. (Amazon.com, Inc.)
• Google LLC
• Hewlett Packard Enterprise Company
• IBM Corporation
• SAP SE
• Ericsson AB
• TIBCO Software, Inc. (Vista Equity Partners Management, LLC)

Next Generation OSS And BSS Market Report Segmentation

By Network

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

By Architecture

• Revenue Management
• Service Fulfillment
• Customer Management
• Service Assurance
• Account Management
• Network Management Systems (NMS) & Others

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Related Reports:

North America Next Generation OSS And BSS Market Size 2031

• December-2024
• 123 Pages

LAMEA Next Generation OSS And BSS Market Size Report | 2031

• December-2024
• 131 Pages

Europe Next Generation OSS And BSS Market Size | 2031

• December-2024
• 133 Pages

Asia Pacific Next Generation OSS And BSS Market Size 2031

• December-2024
• 132 Pages