Global OSS/BSS Market to be Worth $45.5 Billion by 2019

Jul 13, 2015, 13:00 ET from MicroMarket Monitor

FORT WORTH, Texas, July 13, 2015 /PRNewswire/ --

According to the new Market Research Report "Global OSS/BSS Market by OSS Solutions (Network Planning & Design, Service Delivery), by BSS Solutions (Product/Service Management, Customer Management, Revenue Management), by End-Users and by Geography - Analysis & Forecasts to 2019", The global OSS/BSS market was valued at $22.5 billion in 2014, and is projected to reach $45.5 billion by 2019, at a CAGR of 12.3% from 2014 to 2019.

Browse through the TOC of Global OSS/BSS Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.

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The Operation Support Systems (OSS) and Business Support Systems (BSS) contribute towards smooth network operations and business management functions. The OSS/BSS solutions are used mostly by the telecom vendors to support customers. BSS includes function such as billing & charging, customer management, product/service management and order activation. OSS comprises function such as service delivery, network planning and service assurance. OSS is involved more in network related solutions & BSS supports business related activities. OSS/BSS solutions help CSP's (Communication Service Providers) to increase their business process efficiency, and successfully launch innovative digital services over the network.

Operation support systems are advantageous for telecommunication service providers & operators to plan their network and assure network performance as per the requirements. With improved next generation networking techniques, & OSS techniques, communication service provider can easily co-operate with network equipment provider to deliver service over networks such as making a call, receiving a file, watching a video or using an app. OSS ensures that the network handles customer request, no matter where they are located.

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Key Players of the Global OSS/BSS Market include:  

Amdocs, Tech Mahindra, Oracle Corporation, Accenture, HP, IBM, CSG system international, Ericsson.

The report also includes market share and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in this market.

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