What is Operations Support System (OSS) Market?
An operational support system (OSS) is a set of programs that help a company in monitoring, controlling, analyzing and managing a computer network. OSS are mainframe-based, standalone systems used to support telephone company staff members in their daily jobs. These systems are specifically dedicated to communications service providers and mainly used for supporting network planning, network provisioning, service fulfillment, and service assurance from a common core of service and resource management.
The market study is being classified, by Application (Revenue Management, Service Fulfilment, Service Assurance, Customer Management and Network Management Systems) and major geographies with country level break-up.
Accenture (Ireland), Amdocs (United States), Capgemini SE (France), CSG International (United States), The Hewlett Packard Enterprise Company (United States), Intec Systems Ltd.(United Kingdom), Wipro Limited (India), Huawei Technologies Co., Ltd. (China), Comptel (Nokia Networks) (Finland), Oracle Corporation (United States), Netcracker (NEC Corp) (United States), IBM Corporation(United States), Elitecore Technologies (Sterlite Technologies) (India) and Convergys Corporation (Concentrix) (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Tata Consultancy Services Limited (India), Tech Mahindra Limited (India), WebNMS (India), ZTE Corporation (China), Subex Limited (India) and Redtech Network India Pvt. Ltd. (India).
The global operations support system (OSS) market is observed to be highly contentious. Most of the companies are upgrading or introducing innovative features to have product uniqueness. The key players in the market and new entrants are adopting strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation, and sourcing strategies to enhance their market share. Research Analyst at AMA predicts that United States and Asian Players will contribute to the maximum growth of Global Operations Support System (OSS) market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Operations Support System (OSS) market by Type, Application and Region.
On the basis of geography, the market of Operations Support System (OSS) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Number Of Mobile Subscribers
- Growing use of OSS by telecom service providers
Market Trend
- Demand For Next Generation Network (NGN) Systems
Restraints
Opportunities
- Growing Complexity of New Network Technologies
- Demand for service fulfillment and service assurance
Challenges
- Ability to Provide Vital Performance Metrics
In February 2019, Ericsson, Huawei and Nokia agreed to initiate discussions to extend an OSSii (Operation Support System Interoperability Initiative) Memorandum of Understanding (MoU) to cover 5G network technology. This partnership was aimed to enable and simplify interoperability between OSS systems, reducing overall OSS integration costs and enabling shorter time-to-market for 5G.
Analyst Comment
The United States and Indian manufacturers will contribute to the maximum growth of global asd market throughout the predicted period
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Operations Support System (OSS) Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry