Technavio has been monitoring the operations support business support (OSS BSS) software market, operating under the information technology industry. The latest report on operations support business support (OSS BSS) software market, 2020-2024 estimates it to register an incremental growth of USD 34.57 billion, at a CAGR of over 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage on the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Amdocs Ltd., Accenture Plc, CSG Systems International Inc., Telefonaktiebolaget LM Ericsson, Hewlett Packard Enterprise Co., Huawei Investment & Holding Co. Ltd., International Business Machines Corp., Nokia Corp., Oracle Corp., and SAP SE are among some of the major market participants.
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The growing adoption of cloud-based BSS has been instrumental in driving the growth of the market.
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Operations Support Business Support (OSS BSS) Software Market 2020-2024: Segmentation
Operations Support Business Support (OSS BSS) Software Market is segmented as below:
Based on geographic segmentation, over 35% of the market growth originated from North America during the forecast period. In addition, OSS segment led the growth under the product segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the market size.
Operations Support Business Support (OSS BSS) Software Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The operations support business support (OSS BSS) software market report covers the following areas:
This study identifies the rapid adoption of convergent billing systems as one of the prime reasons driving the Operations Support Business Support (OSS BSS) Software Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Operations Support Business Support (OSS BSS) Software Market 2020-2024: Key Highlights
Table of Contents:
Five Forces Analysis
Market Segmentation by Product
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