According to the study, High Demand for Digital BSS in Managed Services is one of the primary growth factors for the market. Rising Digitisation in Routinely Industrial Operations
is also expected to contribute significantly to the Digital BSS market. Overall, SMEs
applications of Digital BSS, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Ericsson (Sweden), NetCracker (UD), Amdocs (United States), IBM (United States), Capgemini (France), Huawei (China), Accenture (Ireland), Oracle (United States), Cerillion (United Kingdom), Nokia (Finland), CSG International (United States), Sigma Systems (Canada), FTS (Israel), Comarch (Poland), 6D Technologies. (United States), CloudTern. (United States), Optiva (Canada), Infosys (India) and Tech Mahindra Limited. (India) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMAs Analyst on the Global Digital BSS market identified that the demand is rising in many different parts of the world as "Rapidly Emerging Technologies like 5G, Internet of Things (IoT) for offering interactive BSS system has Created Ample Opportunities". Furthermore, some recent industry insights like "In September 2021, Netcracker Technology established a strategic partnership with Vodafone Oman. This partnership is mainly to deploy Netcracker Digital BSS. This digital BSS is a highly configurable and flexible solution. It enables to offer rich digital customer experience. Vodafone is one of the world’s largest telecommunications companies operating in 41 countries with its mobile networks. With this strategic partnership, the company is able to expand in Oman." is constantly making the industry dynamic. One of the challenges that industry facing is "Limitations with Rigid Architecture"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Digital BSS market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Digital BSS market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Digital BSS market tight? Which application/end-user category or Product Type [Customer Management, Product & Order Management, Revenue Management, Sales Management, Partner Management and Others] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Digital BSS market and other related sub-markets covered in the study.
o Key & emerging players in the Digital BSS market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Digital BSS market size is calculated using market estimation process, the Digital BSS market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Digital BSS market size has been validated using both top-down and bottom-up approaches.