The Business Research Company’s Cloud OSS BSS Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Cloud OSS BSS Global Market Report 2023 evaluates cloud oss bss market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global cloud OSS BSS market size is expected to grow from $21.58 billion in 2022 to $24.48 billion in 2023, at a compound annual growth rate (CAGR) of 13.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global cloud OSS BSS is expected to grow to $40.37 billion in 2027 at a CAGR of 13.3%.
The increase in 5G adoption is expected to propel the growth of the cloud OSS BSS market going forward. The fifth-generation mobile network (or 5G) is a wireless technology aimed to give more users with higher peak data rates of multiple gigabits per second (Gbps), extremely low latency, better stability, massive network capacity, and a more consistent user experience. Service providers can offer a variety of use cases due to 5G, which necessitates automation of the OSS/BSS infrastructure from both the front-end and back-end. For instance, in December 2021, according to the statistics published by 5GAmericas, a US-based industry trade organization, 5G connections in North America reached 72 million in 2021, up from 17 million in 2020. Therefore, increasing 5G adoption is driving the growth of the cloud OSS BSS market.”
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The cloud oss bss market segments in the report are:
1) By Component: Solution, Services
2) By Cloud Type: Public Cloud, Private Cloud, Hybrid Cloud
3) By Operator Type: Mobile Operator, Fixed Operator
4) By Organization Size: Large enterprises, SMEs
5) By Industry Vertical: IT and Telecom, BFSI, Media and Entertainment, Retail and E Commerce, Other Industrial Verticals
Major Players:
- Huawei Technologies Co. Ltd.
- OPTIVA INC.
- IBM Corporation
- NetCracker Technology Corp.
- Nokia Corporation.
The table of contents in TBRC’s cloud oss bss market report includes:
1. Executive Summary
2. Cloud OSS BSS Market Characteristics
3. Cloud OSS BSS Market Trends And Strategies
4. Cloud OSS BSS Market – Macro Economic Scenario
5. Cloud OSS BSS Market Size And Growth
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26. Africa Cloud OSS BSS Market
27. Cloud OSS BSS Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cloud OSS BSS Market
29. Cloud OSS BSS Market Future Outlook and Potential Analysis
30. Appendix
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