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Operation Support Systems (OSS) and Business Support Systems (BSS) Market forecast 2020-2027

The demand for OSS BSS is driven by factors, such as the deployment of customized OSS BSS systems and services, growing usage of convergent billing systems, the shifting focus of Communication Service Providers (CSPs) on enhancing customer experiences and minimize operational expenses<br><br>

KiranGaikwad
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Operation Support Systems (OSS) and Business Support Systems (BSS) Market forecast 2020-2027

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  1. Operation Support Systems (OSS) and Business Support Systems (BSS) Market Worth USD 42.81 Billion By 2026

  2. Market Summary: The major factors driving the growth of this market are the rising adoption of modified OSS BSS solutions and services and growing usage of convergent billing solutions.Market Size – USD 23.95 Billion in 2019, Market Growth - CAGR of 12.3% between 2019 and 2026, Market Trends – Adoption of modified OSS BSS solutions and services, increasing usage of convergent billing solutions. The Operation Support Systems and Business Support Systems market is expected to grow from USD 2.77 Billion in 2019 to USD 8.78 Billion by 2026, at a CAGR of 22.0% from 2019 to 2026. The market is h driven by th The demand for OSS BSS is driven by factors, such as the deployment of customized OSS BSS systems and services, growing usage of convergent billing systems, the shifting focus of Communication Service Providers (CSPs) on enhancing customer experiences and minimize operational expenses Further key findings from the report suggest • The Operation Support Systems and Business Support Systems market is expected to grow from USD 2.77 Billion in 2019 to USD 8.78 Billion by 2026, at a CAGR of 22.0% from 2019 to 2026. A rise in the demand for cloud-based solutions is expected to drive the OSS & BSS market. • The Service assurance segment in OSS/BSS market is expected to grow the highest during the forecast period at a CAGR of 35%.  www.reportsanddata.com

  3. Key participants : Amdocs (US), Accenture (US), HP Enterprises (US), CSG Systems (US), Ericsson (US), Netcracker (US), Optiva (Canada), Microsoft (US), Tata Consultancy Services (India), Oracle (US), and IBM (US). Segmentation: • Global OSS/BSS Market, By Deployment-Type (Revenue, USD Million; 2016–2026) • On-premise • Cloud • Global OSS/BSS Market, By Company Size (Revenue, USD Million; 2016–2026) • Large Enterprises • Small and Medium-Sized Enterprise • Global OSS/BSS Market, By User (Revenue, USD Million; 2016–2026) • Telecom and IT • Media & Entertainment • Banking, Financial Services, and Insurance www.reportsanddata.com

  4. Regional Outlook for Operation Support Systems (OSS) and Business Support Systems (BSS) Market analyzes the following geographies • North America (United States, Canada, and Mexico) • Europe (Germany, France, UK, Russia, and Italy) • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) • South America (Brazil, Argentina, Colombia, etc.) • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa www.reportsanddata.com

  5. The report emphasizes the following key questions: • Q.1. What are the most lucrative and promising growth prospects for the market? • Q.2. Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? • Q.3. Which geographies are estimated to exhibit the highest growth and the underlying causes? • Q.4. Which factors are impacting the future of the market and what are the driving factors? • Q.5. What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

  6. About Us: Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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