Operation & Business Support System

Operation & Business Support System

Global Operation and Business Support System Market to Reach $90 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Operation and Business Support System estimated at US$40.9 Billion in the year 2020, is projected to reach a revised size of US$90 Billion by 2027, growing at aCAGR of 11.9% over the period 2020-2027. OSS Solutions, one of the segments analyzed in the report, is projected to record 12.6% CAGR and reach US$51.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the BSS Solutions segment is readjusted to a revised 11.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $11.8 Billion, While China is Forecast to Grow at 11.1% CAGR

The Operation and Business Support System market in the U.S. is estimated at US$11.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$15.5 Billion by the year 2027 trailing a CAGR of 11.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.8% and 10% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.4% CAGR.

Select Competitors (Total 44 Featured) -

• Accenture
• AMDOCS Ltd.
• Ericsson AB
• IBM Corporation
• Nokia Networks
• Oracle Corporation
• Tata Consultancy Services Ltd.
• Tech Mahindra Ltd.

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