The market for OSS/BSS in India and China is
expected to reach USD 7.33 billion by 2020, according to a new research report
by Grand View Research, Inc. Declining ARPU is expected to be the key driving
force for the market over the forecast period. Grand View Research also
observes that the rapid growth in the telecommunication industry and increase
in the number of subscribers is expected to positively impact the market.
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full research report on Global OSS/BSS
in India and China Market: http://www.grandviewresearch.com/industry-analysis/india-and-china-oss-bss-industry
India accounted for majority of the overall Asia Pacific
market share in 2012. It is further expected to grow at a CAGR of 16.3% over
the forecast period. Growing focus on customer relationship management in order
to ensure customer retention and loyalty has led to investments in the OSS/BSS
space. Furthermore, service providers are offering next generation systems that
provide shorter time-to-market and rapid development of services. Uncertain
regulatory scenario and deferred adoption of communication standards in India
is expected to be a barrier to industry growth.
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research report:
http://www.grandviewresearch.com/industry-analysis/india-and-china-oss-bss-industry
http://www.grandviewresearch.com/industry-analysis/india-and-china-oss-bss-industry
Further Key findings from the study suggest:
- The India and China OSS/BSS market was estimated to be USD 2.2 billion in 2012, and is expected to grow at a CAGR of 16.3% from 2013 to 2020
- The market in China is expected to reach USD 3.45 billion by 2020, spurred by the growth in the telecommunication sector
- The business scope of telecom service providers has been expanding, and transitioning from voice to content and internet services. OSS/BSS provides these operators with convergent billing, offering a unified view of services availed by the user, which can then be used for developing preferential pricing plans and centralized customer support.
The market is extremely fragmented, with participants such
as Ericsson, Amdocs, Huawei Technologies, Accenture, etc. Mergers and
acquisitions have been observed to be the key business strategy, in order for
companies to develop a comprehensive product portfolio and offer end-to-end
solutions. The ecosystem comprises OSS/BSS solution providers, IT services
providers, and network equipment providers among others.
Browse more
reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/it-services-and-applications
For
the purpose of this study, Grand View Research has segmented the OSS/BSS
market on the basis of region:
OSS/BSS Regional Outlook
- India
- China
About Grand View Research
Grand View Research, Inc. is a U.S. based market research
and consulting company, registered in the State of California and headquartered
in San Francisco. The company provides syndicated research reports,
customized research reports, and consulting services. To help clients make
informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
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