Introduction:
The global Next-Generation Operations Support Systems (OSS) and Business Support Systems (BSS) market is rapidly expanding, driven by advancements in telecom infrastructure, cloud computing, artificial intelligence (AI), and machine learning (ML). These innovative solutions are enhancing the efficiency and scalability of telecom networks, enabling better customer experiences and business growth. The market is set to grow at a significant pace, with a focus on automation, integration, and real-time data processing.
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Key Trends and Insights:
- Cloud-Native OSS/BSS Solutions: Cloud computing is playing a crucial role in modernizing OSS and BSS solutions. Telecom operators are increasingly adopting cloud-native solutions to improve scalability and reduce operational costs.
- AI and Automation Integration: AI-powered OSS/BSS platforms are automating network operations, improving service delivery, and enabling predictive maintenance, leading to a more efficient telecom ecosystem.
- 5G and IoT Integration: The deployment of 5G networks and the rapid growth of IoT devices are creating new opportunities for OSS/BSS solutions to manage complex networks and customer demands.
- Data-Driven Insights: With the rise of big data, OSS/BSS solutions are leveraging analytics to provide real-time insights, enabling telecom operators to enhance service offerings and optimize performance.
Next Generation OSS and BSS Market Scope:
by Architecture Type
Revenue management
Service fulfillment
Customer management
Account management
Service assurance
Network management systems
Because billing, settlement, and revenue generation are becoming more and more important, revenue management is anticipated to increase at the fastest rate throughout the projection period, with a CAGR of 16.12%. One crucial component of CSPs is real-time invoicing and charges. CSPs are able to charge other operators for accessing their network infrastructure, voice, data, and many other services because of the roaming billing and dependable connection. Nonetheless, telecommunications firms may learn about current trends and demand by utilizing analytical tools and cutting-edge technology, which aids in attracting new clients. Consequently, it is anticipated that these factors would boost the worldwide revenue management market.
by Network
Cable and satellite
Fixed and wireless
Mobile
Mobile virtual network enabler (MVNE)
Others
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Market Developments and Mergers & Acquisitions:
- Vietnam: Leading telecom players in Vietnam are investing in next-generation OSS/BSS solutions to optimize their operations and enhance 5G deployments. Companies are increasingly partnering with global OSS/BSS solution providers to stay competitive in the market.
- Thailand: Thailand’s telecom sector is seeing a surge in digital transformation projects, with a focus on automating operations and integrating AI into OSS/BSS systems to handle the growing data traffic from mobile devices and IoT.
- Singapore: Singapore is emerging as a regional hub for next-gen OSS/BSS development, with both local startups and global players collaborating on cloud-native and AI-driven solutions to enhance telecom network management.
- Japan: Japan’s telecom market is embracing advanced OSS/BSS solutions, focusing on 5G deployment and real-time analytics to improve operational efficiency. Major telecom companies in Japan are increasing their investments in AI-powered platforms for better service assurance and customer engagement.
- South Korea: South Korea is leading the way in 5G adoption and is rapidly deploying next-gen OSS/BSS platforms to support its advanced telecom infrastructure. Telecom operators in South Korea are also utilizing AI and automation to improve service offerings and network performance.
- European Union: European telecom operators are aggressively modernizing their OSS/BSS platforms, focusing on integrating AI and big data analytics. Mergers and acquisitions in the OSS/BSS market are creating opportunities for telecom providers to enhance their capabilities in managing complex, multi-layered networks.
- United States: The US market is seeing significant growth in the next-generation OSS/BSS sector, with a strong push towards adopting cloud and AI technologies. Mergers and acquisitions are shaping the market, with key players expanding their portfolio to include automation and AI-driven network management solutions.
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Key Players in the Global OSS/BSS Market:
- Ericsson
- Huawei Technologies
- Amdocs
- ZTE Corporation
- Nokia Networks
- Ciena Corporation
- Tata Consultancy Services (TCS)
- Tech Mahindra
- Oracle
- Hewlett Packard Enterprise (HPE)
These companies are playing a pivotal role in transforming the OSS/BSS landscape with their cutting-edge technologies, strategic mergers, and acquisitions, contributing to the market’s rapid evolution.
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𝐊𝐞𝐲 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬:
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
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