Report ID: SQMIG20O2008
Report ID:
SQMIG20O2008 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
90 |
Figures:
76
OSS and BSS Market size was valued at USD 65 Billion in 2023 and is poised to grow from USD 72.33 Billion in 2024 to USD 169.95 Billion by 2032, growing at a CAGR of 11.27% during the forecast period (2025-2032).
In recent years, the global Operations Support Systems (OSS) and Business Support Systems (BSS) market has been experiencing significant growth as communication service providers seek to enhance their operational efficiency and deliver better customer experiences. The increasing adoption of digital transformation initiatives, the proliferation of mobile devices, and the rising demand for high-speed internet services are key drivers.
Additionally, the OSS segment is witnessing ongoing advancements in telecommunications technologies and it majorly focuses on network management, service fulfillment, and service assurance, leading the steady growth. On the other hand, the BSS segment, which encompasses customer management, revenue management, and product management, is gaining traction as businesses prioritize monetization strategies and personalized customer experiences.
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Report ID: SQMIG20O2008