The Next Generation OSS & BSS Market size is set to skyrocket, reaching USD 197.81 billion by 2032 with a 14.8% CAGR. Telecom operators are embracing advanced solutions like 5G, AI, and cloud to modernize systems and offer cutting-edge services.

In the U.S, the market reached USD 15.55 billion in 2024, projected to hit USD 43.67 billion by 2032. With a robust infrastructure and top providers like IBM and Oracle, the U.S leads the global market.

Service Fulfilment dominates with a 23.86% revenue share, while Account Management is the fastest-growing segment at an 18.35% CAGR. Fixed & Wireless networks hold a 30.21% market share, with Mobile Virtual Network Enabler being the fastest-growing at 21.27%.

North America holds a 39.30% market share, maintaining dominance in the OSS & BSS market. Meanwhile, Asia Pacific is experiencing rapid growth due to urbanization, 5G network expansion, and investments in digital infrastructure.

Key players in the market include Hewlett-Packard Enterprise, Huawei Technologies, and IBM, among others. Recent developments include Amdocs’ Cloud BSS Platform and IBM’s partnership with Telefónica Tech for AI and analytics solutions.

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Read more at GlobeNewswire: Next Generation OSS & BSS Market to Hit USD 197.81 Billion