The operations support business support (OSS BSS) software market size is expected to increase by USD 52.18 billion from 2022 to 2027, registering a CAGR of 13.24%, according to the latest research report from Technavio. Discover Application Software industry potential and make informed business decisions based on qualitative and quantitative evidence highlighted in Technavio reports. View Sample Report!
The operations support business support (oss bss) software market covers the following areas:
- Operations Support Business Support (OSS BSS) Software Market Sizing
- Operations Support Business Support (OSS BSS) Software Market Forecast
- Operations Support Business Support (OSS BSS) Software Market Analysis
Vendor Landscape
The global OSS BSS software market is highly competitive. The market has a large number of vendors that provide the required software. Currently, the global OSS BSS software market is in the stage of growth and will grow at a significant rate during the forecast period. The operations support business support (OSS BSS) software market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.
Vendor Offerings
- Accenture Plc – The company offers operations support business support software such as Business Process Outsourcing.
- Amdocs Ltd. – The company offers operations support business support software such as iPaaS which is an industry-focused integration framework.
- Aria Systems Inc. – The company offers operations support business support solutions to build an autonomous business, secure data, and provide a seamless experience for customers and business users.
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Key Market Segmentation
This report extensively covers operations support business support (OSS BSS) software market segmentation by product (OSS and BSS), deployment (cloud-based and on-premise), and geography (North America, APAC, Europe, South America, and Middle East and Africa).
- The market share growth by the OSS will be significant during the forecast period. The growth can be attributed to factors such as the need for customer-centric communication service providers (CSPs) and applications that improve customer experience. Hence, such factors boost the segment growth during the forecast period.
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Regional Market Outlook
- North America contributes 28% to market growth during the forecast period. Market growth in this region will be faster than the growth of the market in other regions. The market growth is facilitated by factors such as a rise in IoT, implementation of automation across end-user industries, increasing investments in smart city initiatives, and increasing use of social networking platforms. Hence, such factors boost the regional market growth during the forecast period.
