Mind Commerce reveals Latest Findings for Next Generation OSS and BSS Market
Sees a Global $52B NGN OSS/BSS Software Solution Market by 2020
Chicago, Illinois (PRUnderground) December 16th, 2015
Communication Service Providers (CSP) must upgrade their legacy OSS/BSS for a variety of reasons including the need to continuously improve overall service delivery and support as well as new service introduction efficiency. Introduction and optimization of NGN OSS/BSS must also take into consideration many evolving areas within telecom networks including Carrier Ethernet and CE 2.0, Software Defined Networks (SDN), Network Function Virtualization (NFV), Life Cycle Orchestration (LSO), and Self Organizing Network (SON).
Next Generation Network OSS/BSS Market and Forecast 2015 – 2020 provides comprehensive analysis of the drivers and issues related to the technical and business aspects of OSS/BSS, deployment and operational issues, and quantitative analysis with forecasts for anticipated growth through 2020. The report covers Network Planning and Engineering (NPE), Fault Management (FM), Performance Management (PM), Provisioning and Service Activation (PSA), and Inventory Management (IM).
Mind Commerce reveals the legacy OSS/BSS market will decline from 71% market share in 2015 to only 28% market share in 2020. The fastest growing NGN OSS/BSS solution delivery option is seen as End-to-End Solution Service solutions over the 2015 to 2020 period. North America is currently leading the market with 41% market share, which is expected to decline to 37% by 2020.
In terms of NGN OSS/BSS investment ROI for CSPs, service automation will be critically important to reduce both CAPEX and OPEX and retain customers. In addition, carriers are under considerable pressure to develop new revenue streams, which require new OSS systems to align both with CSP systems and infrastructure (database, API, etc.) as well as those of various third parties, most notably OTT service providers.
About Mind Commerce
Mind Commerce is your trusted source for research and strategic analysis focused on digital technologies and the telecommunications industry. Our reports provide key trends, projections, and in-depth analysis for infrastructure, platforms, devices, applications, services, emerging business models and opportunities.