What is Digital BSS Market?
Digital BSS provides an elastic, modern, and convergent system in a virtualized network environment. It enables CSPs to automate business processes and introduce differentiated services. Digital BSS transformation helps to modernize wireless networks. It enables customer-centric business operations and digital engagement which further improve offerings. It automated the entire lifecycle of the product from its orders to its delivery with payment and maintenance. Hence, Digital BSS witnessing huge demand for several industrial verticals.
The market study is being classified by Type (Customer Management, Product & Order Management, Revenue Management, Sales Management, Partner Management and Others), by Application (SMEs and Large Enterprise) and major geographies with country level break-up.
Ericsson (Sweden), NetCracker (UD), Amdocs (United States), IBM (United States), Capgemini (France), Huawei (China), Accenture (Ireland), Oracle (United States), Cerillion (United Kingdom), Nokia (Finland), CSG International (United States), Sigma Systems (Canada), FTS (Israel), Comarch (Poland), 6D Technologies. (United States), CloudTern. (United States), Optiva (Canada), Infosys (India) and Tech Mahindra Limited. (India) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are STL.Tech (Germany), Panamax (United States), Sinch (Sweden) and Tecnotree (Finland).
The market of Digital BSS is expected to grow with rising demand in telecom and other industrial operations. Several companies are operating in the market to provide excellent features of digital BSS. The market is highly fragmented with the presence of several market players. They are gaining attention owing to their innovative and novel portfolio.
Analyst at AMA have segmented the market study of Global Digital BSS market by Type, Application and Region.
On the basis of geography, the market of Digital BSS has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Digitisation in Routinely Industrial Operations
- Increasing Inclination towards Tech-based Solutions in Supply Chain & Logistics
- High Demand for Digital BSS in Managed Services
- Problems associated with Hosts & Service Velocity with Variety of Networks and Interfaces
- Rapidly Emerging Technologies like 5G, Internet of Things (IoT) for offering interactive BSS system has Created Ample Opportunities
- Limitations with Rigid Architecture
Market Leaders and some development strategies
In January 2021, Cerillion an innovator in digital monetization and customer management solutions initiated a new project with GO plc. GO plc is Malta's leading communications provider. GO will offer an upgraded version of the business support system (BSS) platform to Cerillion 8.2. It will further implement additional Cerillion modules including the convergent charging system etc.
In September 2021, Netcracker Technology established a strategic partnership with Vodafone Oman. This partnership is mainly to deploy Netcracker Digital BSS. This digital BSS is a highly configurable and flexible solution. It enables to offer rich digital customer experience. Vodafone is one of the world’s largest telecommunications companies operating in 41 countries with its mobile networks. With this strategic partnership, the company is able to expand in Oman.
Key Target AudienceDigital BSS Providers, Research Organizations, New Entrants/Investors, Strategic Business Planners, Government Regulatory and End Use Industry
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Digital BSS Market?
"Rising Digitisation in Routinely Industrial Operations
" is seen as one of major growth factors of Digital BSS Market in years to come.
2. Can we have customized study for Digital BSS Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Digital BSS Market?
will lead Digital BSS Market in coming years.