The Asia Pacific Next Generation OSS And BSS Market is expected to witness market growth of 13.6% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific 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 $10.97 billion by 2031. The Japan market is showcasing a CAGR of 12.9% during 2024-2031. Additionally, the India market would register a CAGR of 14.4% during 2024-2031.
Next-generation OSS (Operations Support Systems) and BSS (Business Support Systems) refer to advanced technological platforms designed to address the evolving needs of modern telecommunications networks and service providers and industries like banking, retail, and IoT ecosystems. These systems transcend conventional OSS/BSS solutions by integrating advanced technologies, including artificial intelligence (AI), machine learning (ML), cloud computing, and automation.
Additionally, this integration serves to augment operational efficiency, facilitate the development of innovative business models, and enhance customer experiences. These next-generation solutions enable service providers to automate operations, streamline processes, and innovate rapidly in response to evolving market dynamics.
The Asia Pacific region is seeing significant growth in adopting next-generation OSS and BSS solutions, driven by rapid digital transformation, the expansion of 5G networks, and the proliferation of IoT technologies. The region’s diverse economic landscape, with advanced economies and emerging markets, creates a unique environment for innovation. Government initiatives such as Digital Asia Pacific and collaborative frameworks like the Asia-Pacific Information Superhighway (AP-IS) are facilitating the deployment of advanced telecom infrastructure and services.
The China market dominated the Asia Pacific 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 $10.97 billion by 2031. The Japan market is showcasing a CAGR of 12.9% during 2024-2031. Additionally, the India market would register a CAGR of 14.4% during 2024-2031.
Next-generation OSS (Operations Support Systems) and BSS (Business Support Systems) refer to advanced technological platforms designed to address the evolving needs of modern telecommunications networks and service providers and industries like banking, retail, and IoT ecosystems. These systems transcend conventional OSS/BSS solutions by integrating advanced technologies, including artificial intelligence (AI), machine learning (ML), cloud computing, and automation.
Additionally, this integration serves to augment operational efficiency, facilitate the development of innovative business models, and enhance customer experiences. These next-generation solutions enable service providers to automate operations, streamline processes, and innovate rapidly in response to evolving market dynamics.
The Asia Pacific region is seeing significant growth in adopting next-generation OSS and BSS solutions, driven by rapid digital transformation, the expansion of 5G networks, and the proliferation of IoT technologies. The region’s diverse economic landscape, with advanced economies and emerging markets, creates a unique environment for innovation. Government initiatives such as Digital Asia Pacific and collaborative frameworks like the Asia-Pacific Information Superhighway (AP-IS) are facilitating the deployment of advanced telecom infrastructure and services.
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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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. Asia Pacific Next Generation OSS And BSS Market by Network
Chapter 6. Asia Pacific Next Generation OSS And BSS Market by Architecture
Chapter 7. Asia Pacific 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
LOADING...