Cloud OSS BSS Market worth 21.77 Billion USD by 2022

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Cloud OSS BSS Market worth 21.77 Billion USD by 2022 According to a new market research report "Cloud OSS BSS Market by Type Solution and Service Solution OSS and BSS Service Professional and Managed Services Deployment Public Private and Hybrid End- User Type SMES and Large Enterprises and Region - Global Forecast to 2022" published by MarketsandMarkets™ the cloud Operation Support System OSS Business Support System BSS market size is expected to grow from USD 11.67 Billion in 2017 to USD 21.77 Billion by 2022 at a Compound Annual Growth Rate CAGR of 13.3 during the forecast period. Browse 61 market data tables and 70 figures spread through 143 pages and in-depth TOC on "Cloud OSS BSS Market " http://www.marketsandmarkets.com/Market-Reports/cloud-oss-bss-market-31137795.html Early buyers will receive 10 customization on this report. The demand for cloud OSS BSS is driven by factors such as adoption of customized cloud OSS BSS solutions and services rising usage of convergent billing systems the shifting focus of Communication Service Providers CSPs on enhancing customer experiences and lower operational expenses. With the increase in the adoption rate of cloud computing among CSPs the cloud OSS BSS market is expected to gain a major traction during the forecast period. The BSS solution is expected to contribute the largest market share The BSS solution helps an enterprise or organization to secure revenue and quality while supporting many business functions including marketing product offerings sales contracting and delivery of goods and services. Together with OSS BSS is used to support various end-to-end telecommunication services e.g. telephone services. BSS is further segmented into billing and revenue management customer and product management and service fulfilment. Professional services segment is expected to contribute the largest market share Professional services help in lowering risks reducing complexity and raising the return on investment as they can be customized are easily applicable and deliver maximum service assurance. The telecom sector is moving towards cloud adoption for efficient operational functions and customer experiences which can be achieved through professional services that include training development design implementation and project management deployment methodology pre-planning and cost effectiveness. Asia-Pacific APAC is projected to grow at the highest CAGR North America is expected to hold the largest market share in 2017 while APAC is the fastest growing region in terms of CAGR due to the diverse subscriber base in many countries. Cloud emergence and mandatory government regulations are simultaneously helping boost the growth of the cloud OSS BSS market in this region. The major vendors providing cloud OSS BSS are Accenture Dublin Ireland Amdocs Chesterfield Missouri US Cisco Systems Inc. San Jose California US Comarch S.A. Krakow Poland LM Ericsson Telephone Company Stockholm Sweden Hewlett Packard Enterprise Company Palo Alto California US Huawei Technologies Co. Ltd. Shenzhen China International Business Machines Corporation Armonk New York US Mahindra Comviva Gurgaon Haryana India Mycom OSI Berkshire London UK Nokia Corporation Espoo Uusimaa Finland Oracle Corporation Redwood City California U.S. Sigma Systems Toronto Ontario Canada Subex Limited Bangalore Karnataka India and TEOCO Corporation Fairfax Virginia US. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30000 high growth niche opportunities/threats which will impact 70 to 80 of worldwide companies’ revenues. Currently servicing 5000 customers

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worldwide including 80 of global Fortune 1000 companies as clients. Almost 75000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities identify most important customers write "Attack avoid and defend" strategies identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1500 MicroQuadrants Positioning top players across leaders emerging companies innovators strategic players annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform "RT" connects over 200000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Rohan MarketsandMarkets™ 701 Pike Street Suite 2175 Seattle WA 98101 United States Tel: 1-888-600-6441 Email: salesmarketsandmarkets.com Visit Our Blog http://www.marketsandmarketsblog.com/market-reports/telecom-it Connect with us on LinkedIn http://www.linkedin.com/company/marketsandmarkets

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