Next Generation OSS & BSS Market Forecast by Capital Investment, Industry Outlook, Opportunities and Trends Report by 2025 Next Generation OSS & BSS Market Report provides in-depth analysis of industry by production, share, size, Demand, Proposition, Development, Opportunities, Growth, Economic Trends, Technologies Research, Segmentation, Key Futuristic, Investment Feasibility, Major Key Players, SWOT analysis and Forecast.
The global Next Generation OSS & BSS Market size is anticipated to reach USD 58.41 billion by the end of 2025. This growth can be associated with rising preference for real-time billing among the CSPs (Communication Service Providers) and the millennial population. Moreover, usage of these solutions for transforming the business operations of CSPs is expected to fuel the market growth in the upcoming years. The revenue management segment held the largest share of around 31.93% and generated USD 9.51 billion in 2016 due to increasing focus on services like settlement, and revenue generation through billing and charging. The customer management segment is anticipated to register the highest growth rate with a CAGR of 10.3% from 2017 to 2025.
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The mobile segment held the largest share across the global market in 2016 and is expected to grow with a CAGR of more than 9.4% from 2017 to 2025. This growth can be associated with the changes occurring in CSP’s owing to extensive mobile data usage. In addition, rising influence of smartphones as a primary internet usage device is expected to positively impact market growth. In 2016, North America held the largest share of 34.09% and generated USD 10.16 Billion across the global market due to rising usage of smartphones for internet handling purposes among the millennial population.