The future of the global cloud OSS BSS market looks promising with opportunities in the IT and telecom, BFSI, media and entertainment, and retail and E- commerce markets. The global cloud OSS BSS market is expected to reach an estimated $48.9 billion by 2030 with a CAGR of 13% from 2024 to 2030. The major drivers for this market are Growing use of 5G and cloud computing across a number of industrial verticals will drive up demand for cloud OSS BSS and rising demand for convergent billing solutions.
Some of the key questions answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the cloud OSS BSS market by
component (solution and service), enterprise size (large enterprises and SMEs),
cloud type (public, hybrid, and private), end use industry (IT and telecom,
BFSI, media and entertainment, retail and E commerce, and others), and region
(North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market, solution
and service are the major segments of cloud OSS BSS market by component.
Lucintel forecasts that
solution is expected to witness highest growth over the forecast period due to
high availability, intelligent automation in real-time.
Within this market, IT
and telecom will remain the largest segment.
APAC is expected to
witness highest growth over the forecast period.
OPTIVA,
Telefonaktiebolaget LM Ericsson, HEWLETT PACKARD ENTERPRISE COMPANY, AMDOCS
LIMITED, Nokia Corporation, Oracle Corporation, IBM Corporation, ZTE
Corporation, Huawei Technologies, and Netcracker are the major suppliers in the
cloud OSS BSS market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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