What is Next Generation OSS & BSS Market?
Next generation OSS &BSS is the computer system which is used by telecom operators to manage their networks. It supports management functions such as network configuration, network inventory, fault management, and service provisioning. It offers automation of billing, communication service, customer service, performance management, and network optimization. It helps telecommunication service providers to monitor, control, analyse and manage a telephone or computer network. Next generation BSS solutions help an organization to stay ahead of the competition by providing the flexibility to adapt to a constantly changing marketplace.
The market study is being classified and major geographies with country level break-up.
Hewlett Packard Enterprise Company (United States), Huawei Technologies Co., Ltd. (China), Capgemini SE (France), Accenture plc. (Ireland), Amdocs, Inc. (United States), CSG Systems International, Inc. (United States), Oracle Corporation (United States), IBM Corporation (United States), Log Net Systems Ltd. (United Kingdom), Dorado Software (United States) and Sigma Systems (France) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Next Generation OSS & BSS market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Next Generation OSS & BSS market by Type, Application and Region.
On the basis of geography, the market of Next Generation OSS & BSS 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 Penetration of Mobile and Smartphone Devices
- Increasing Requirement of Faster Market Time, Service Offering Expansion, and Service Quality Improvement
Market Trend
- Fast Growing Telecom Industry
Restraints
- High Initial Cost of Next Generation OSS and BSS
Opportunities
- Launch of New Advancements and Pricing Plans.
- Increasing Adoption of Convergent Billing Systems
Challenges
- Stiff Competition Among the Major Players
Key Target Audience
Device Manufacturers, Raw material suppliers, Government associations, Research organizations and Others