Digital BSS Market worth $12.5 billion by 2028 - Exclusive Report by MarketsandMarkets™
CHICAGO, Aug. 1, 2023 /PRNewswire/ -- Increased adoption of cloud-based solutions, automation powered by AI, and integration with IoT and 5G networks will all be trends in the market for digital BSS in the future. With probable vendor consolidation and collaborations, the emphasis will be on security, worldwide expansion, and personalised client experiences.
The Digital BSS Market is estimated at USD 5.8 billion in 2023 to USD 12.5 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 16.6%, according to a new report by MarketsandMarkets™. The digital BSS solutions facilitate integration with a wide range of third-party systems and APIs, such as CRM, ERP, and marketing automation platforms, which boosts the market. This integration streamlines data exchange, enhances operational efficiency, and enables seamless end-to-end processes across multiple systems. It empowers service providers to create a connected ecosystem, deliver an exceptional customer experience, and optimize their operations for sustained growth and success.
Browse in-depth TOC on "Digital BSS Market"
179 - Tables
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=117932243
Scope of the Report
By vertical, the healthcare segment is estimated to register the highest growth rate during the forecast period.
Digital BSS solutions in the healthcare vertical are technology platforms and tools that enable healthcare organizations to manage their business operations efficiently and effectively in the digital era. These solutions encompass various aspects of patient management, billing and revenue management, appointment scheduling, and medical records management.
By service, license, and maintenance segment is expected to register the largest market size during the forecast period.
The license services are periodic and subscription-based and are offered by digital BSS service providers and system integrators. Due to the adoption of such periodic, subscription-based services across developed as well as developing economies, the license and maintenance segment is expected to fuel the overall growth of the services segment.
Request Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=117932243
Asia Pacific is estimated to register the highest growth rate during the forecast period.
The Asia Pacific region is expected to experience extensive growth opportunities during the forecast period. The major Asia Pacific countries that are expected to witness high growth rates include India, China, Singapore, Australia, and Japan. The competition in this region is fragmented, and the cloud providers are looking at expanding the base of their solutions to most of these countries as a result of improvements in infrastructures and other business strategic moves. The enterprises in Asia Pacific are not as proficient as those in North America and Europe in terms of information, security awareness, and technical expertise. Nevertheless, the adoption of cloud consulting and implementation services is gaining traction in the region to transform business operations.
Top Key Companies in Digital BSS Market:
The major vendors covered in the digital BSS include Amdocs Limited (US), Huawei Technologies Co. Ltd (China), LM Ericsson Telephone Company (Sweden), CSG Systems International, Inc. (US), Nokia Corporation (Finland), International Business Machines Corporation (US), ZTE Corporation (China), Optiva Inc. (Canada), Sigma Systems Canada LP. (US), Cerillion Technologies Limited (UK), Sterlite Technologies Limited (India), Accenture plc (Ireland), Capgemini SE (France), Infosys Limited (India), Oracle Corporation (US), Mahindra Comviva (India), Qvantel (Finland), BearingPoint (Netherlands), Formula Telecom Solutions Ltd. (US), MATRIXX Software, Inc. (US), MIND C.T.I. Ltd. (UK), and Tata Consultancy Services Limited (India). Hansen Technologies (Australia), Comarch SA (Poland), Avema Corporation (Ontario), and Suntech S.A. (Poland).
Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=117932243
Digital BSS Market Advantages:
Browse Adjacent Markets: Mobility and Telecom Market Research Reports & Consulting
Virtualized EPC Market - Global Forecast to 2028
Wi-Fi 7 Market- Global Forecast to 2028
A2P Messaging Market - Global Forecast to 2028
Smart Transportation Market- Global Forecast to 2028
Private LTE Market- Global Forecast to 2027
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Mr. Aashish Mehra
Generating Revenue with 5G
Special Dual Session: IoT in the Warehouse, IoT in 3PL