Overview and Scope
The cloud OSS refers to the software that is typically utilized by businesses to control their operating systems or communication networks. Communications service providers use it to supervise, control, evaluate, and manage a computer or telephone network system. The cloud OSS is typically employed by businesses to handle all business operations, including processing and financial concerns.
Sizing and Forecast
The cloud oss bss market size has grown rapidly in recent years. It will grow from $24.22 billion in 2024 to $27.09 billion in 2024 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to telecom network evolution, increasing subscriber base, market competition and innovation, demand for real-time data, globalization of telecom operations, focus on customer experience, data privacy and compliance..
The cloud oss bss market size is expected to see rapid growth in the next few years. It will grow to $44.11 billion in 2028 at a compound annual growth rate (CAGR) of 13.0%. The growth in the forecast period can be attributed to cybersecurity concerns, digital transformation initiatives, subscription-based business models, telecom network convergence, focus on operational efficiency, regulatory support for telecom innovations.. Major trends in the forecast period include migration to cloud-based solutions, integration of ai and machine learning, 5g network rollouts, security and compliance, service orchestration and automation, hybrid and multi-cloud deployments, customer experience management..
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Segmentation & Regional Insights
The cloud oss bss market covered in this report is segmented –
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
Top 5 Major Players;
- Huawei Technologies Co. Ltd
- Optiva Inc
- International Business Machines Corporation
- NetCracker Technology Corp
- Nokia Corporation.
North America was the largest region in the cloud OSS BSS market in 2024. Asia-Pacific is expected to be the fastest-growing region in the cloud OSS BSS market report forecast period. The regions covered in the cloud oss bss market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
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. Therefore, increasing 5G adoption is driving the growth of the cloud OSS BSS market.
Key Industry Players
Major companies operating in the cloud oss bss market report are Huawei Technologies Co. Ltd., Optiva Inc., International Business Machines Corporation, NetCracker Technology Corp., Nokia Corporation, Amdocs Limited, Oracle Corporation, ZTE Corporation, Telefonaktiebolaget LM Ericsson, Hewlett Packard Enterprise Company, MYCOM OSI Ltd., Accenture plc, Subex Limited, Comviva Technologies Limited, TEOCO Corporation, MDS Global Ltd., Sigma Systems Canada LP (A Hansen Technologies Company), Cerillion plc, TIBCO Software Inc., Sterlite Technologies Limited, Alepo Technologies Inc., MATRIXX Software Inc., Telarix Inc., DigitalRoute AB, UXP Systems Inc., Viavi Solutions Inc., Aricent Inc., BearingPoint Holding B.V.
The cloud oss bss market report table of contents 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. Global Cloud OSS BSS Market Size and Growth
……
31. Global Cloud OSS BSS Market Competitive Benchmarking
32. Global Cloud OSS BSS Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Cloud OSS BSS Market
34. Cloud OSS BSS Market Future Outlook and Potential Analysis
35. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Cloud OSS BSS Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Cloud OSS BSS Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Cloud OSS BSS Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
…..
Table 74: Huawei Technologies Co. Ltd. Financial Performance
Table 75: Optiva Inc. Financial Performance
Table 76: International Business Machines Corporation Financial Performance
Table 77: NetCracker Technology Corp. Financial Performance
Table 78: Nokia Corporation Financial Performance
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