OSS/BSS Industry - Regional Scope
North America Market Forecast
The North America OSS/BSS market is poised to hold a leading revenue share of 35.6% in the global market by the end of 2037, owing to the early adoption of 5G and major investments in digital transformation. The market is mature and characterized by a high concentration of CSPs. Within the region, the U.S. remains at the forefront due to major carriers heavily investing in network upgrades and the advent of the next generation of OSS/BSS platforms.
The U.S. market is projected to maintain a leading revenue share throughout the forecast period. The large-scale investments in 5G infrastructure and the presence of leading OSS/BSS vendors positively impact the market. The FCC has reported considerable growth in broadband deployment in recent years, driving the requirement for OSS/BSS systems to manage network complexity.
APAC Market Forecast
The APAC market is slated to exhibit the fastest CAGR of 15.3% during the forecast period, impacted by the rising mobile penetration across the region, as well as the substantial investments in 5G infrastructure. APAC has a dynamic telecom landscape and a large number of mobile users, creating a heightened demand for high-speed connectivity.
The China market is expected to maintain its dominance throughout the forecast period, owing to robust 5G rollout and the presence of major telecom operators. These operators are focused on investing in next-generation OSS/BSS platforms to create a favorable ecosystem for the deployment of these systems.
