Global OSS-BSS Software Market 2016-2020 - Demand for Customized OSS-BSS Software - Research and Markets

DUBLIN, July 25, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global OSS-BSS Software Market 2016-2020" report to their offering.

The report forecasts the global OSS-BSS software market to grow at a CAGR of 18.52% during the period 2016-2020.

The report considers the revenue generated from the following:

• Deployment of OSS and BSS platforms and applications at telecom operator's business systems.
• Sale of cloud billing services such as subscription and update services.
• Functions such as installation, predictive maintenance, and support of the software.
• Increased M&A activities among telecom operators, infrastructure providers, and software providers.

Demand for customized OSS-BSS software is a key trend for this market. Telecom operators are shifting their business model from a technology-centric model to a customer-centric one. Hence, the adoption of customized OSS-BSS software will facilitate tlecom service providers to deliver bundled services, which will enhance user experience.

According to the report, increased adoption of convergent billing systems is a key driver for this market. The telecom industry is highly competitive, and players in this market are focusing much on channels that maximize their revenue streams with the adoption of convergent billing systems to gain a competitive edge. Revenue management system (RMS) has undergone a drastic shift from traditional basic billing and charging methods, and accounting function to completely new platform that establishes new revenue streams.

Further, the report states that integration issues with legacy systems is a challenge to market growth.

Key vendors:

• Amdocs
• Ericsson
• Huawei
• NetCracker
• Oracle
• Redknee

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by application

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

PART 14: Key vendor analysis

PART 15: Appendix

For more information visit http://www.researchandmarkets.com/research/t98jz4/global_ossbss

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-oss-bss-software-market-2016-2020---demand-for-customized-oss-bss-software---research-and-markets-300303243.html

SOURCE Research and Markets

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