The Europe Next Generation OSS And BSS Market is expected to witness market growth of 12.8% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Next Generation OSS And BSS Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $9.30 billion by 2031. The UK market is exhibiting a CAGR of 11.9% during 2024-2031. Additionally, the France market would experiencing expected to witness a CAGR of 13.7% during 2024-2031.
At the heart of this transformation is the telecom industry, where the rollout of 5G networks has introduced unprecedented challenges and opportunities. The ultra-fast speeds, low latency, and massive device connectivity capabilities of 5G have made traditional OSS/BSS systems inadequate for managing the complexity of modern networks. Service providers are turning to cloud-native, AI-driven OSS platforms that monitor, manage, and optimize networks in real-time.
Moreover, beyond telecommunications, the adoption of next-generation OSS/BSS solutions is expanding into the banking, retail, and energy industries. Enterprises in these sectors leverage these systems to enable digital transformation, improve operational efficiency, and enhance customer interactions.
Europe's next generation OSS and BSS market is experiencing robust growth, driven by widespread digital transformation, advancements in 5G networks, and the increasing adoption of IoT and cloud technologies. Regional initiatives such as the Digital Europe Programme and the European 5G Observatory support the deployment of advanced telecom infrastructures and foster innovation in network management and customer service platforms. According to the European 5G Observatory, basic 5G household coverage (including both standalone 5G and non-standalone 5G) now stands at 89% across the EU. Network coverage that relies on the high-performance 3.6 GHz band has reached 51%. The region's regulatory framework, which fosters fair competition and consumer protection, further contributes to adopting modern OSS and BSS systems.
The Germany market dominated the Europe Next Generation OSS And BSS Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $9.30 billion by 2031. The UK market is exhibiting a CAGR of 11.9% during 2024-2031. Additionally, the France market would experiencing expected to witness a CAGR of 13.7% during 2024-2031.
At the heart of this transformation is the telecom industry, where the rollout of 5G networks has introduced unprecedented challenges and opportunities. The ultra-fast speeds, low latency, and massive device connectivity capabilities of 5G have made traditional OSS/BSS systems inadequate for managing the complexity of modern networks. Service providers are turning to cloud-native, AI-driven OSS platforms that monitor, manage, and optimize networks in real-time.
Moreover, beyond telecommunications, the adoption of next-generation OSS/BSS solutions is expanding into the banking, retail, and energy industries. Enterprises in these sectors leverage these systems to enable digital transformation, improve operational efficiency, and enhance customer interactions.
Europe's next generation OSS and BSS market is experiencing robust growth, driven by widespread digital transformation, advancements in 5G networks, and the increasing adoption of IoT and cloud technologies. Regional initiatives such as the Digital Europe Programme and the European 5G Observatory support the deployment of advanced telecom infrastructures and foster innovation in network management and customer service platforms. According to the European 5G Observatory, basic 5G household coverage (including both standalone 5G and non-standalone 5G) now stands at 89% across the EU. Network coverage that relies on the high-performance 3.6 GHz band has reached 51%. The region's regulatory framework, which fosters fair competition and consumer protection, further contributes to adopting modern OSS and BSS systems.
List of Key Companies Profiled
- Microsoft Corporation
- Oracle Corporation
- SAS Institute Inc.
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Google LLC
- Hewlett Packard Enterprise Company
- IBM Corporation
- SAP SE
- Ericsson AB
- TIBCO Software, Inc. (Vista Equity Partners Management, LLC)
Market Report Segmentation
By Network- Mobile
- Fixed & Wireless
- Cable & Satellite
- Mobile Virtual Network Enabler (MVNE)
- Other Network
- Revenue Management
- Service Fulfillment
- Customer Management
- Service Assurance
- Account Management
- Network Management Systems (NMS) & Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Europe Next Generation OSS And BSS Market by Network
Chapter 6. Europe Next Generation OSS And BSS Market by Architecture
Chapter 7. Europe Next Generation OSS And BSS Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Microsoft Corporation
- Oracle Corporation
- SAS Institute Inc.
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Google LLC
- Hewlett Packard Enterprise Company
- IBM Corporation
- SAP SE
- Ericsson AB
- TIBCO Software, Inc. (Vista Equity Partners Management, LLC)
Methodology
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