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Transparency Market Research
OSS/BSS Market - Asia Pacific and Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018
Published Date 02-Aug-2013
91 Page Report
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Press Release
OSS/BSS Market is Expected to Reach USD 48.54 Billion Globally in 2018:Transparency Market Research
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OSS/BSS Market
REPORT DESCRIPTION
OSS/BSS Market - Asia Pacific and Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018 According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "OSS/BSS Market -Asia Pacific and Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018," the market was valued at USD 17 billion in 2011, and is expected to reach USD 48.54 billion by 2018, growing at a CAGR of 16.2% from 2012 to 2018. Browse the full report at OSS/BSS Market http://www.transparencymarketresearch.com/ossbssmarket.html Growing adoption of convergent billing systems is expected to drive the industry over the next few years. OSS/BSS plays a major role in the development of a convergent billing platform, which provides a unified view of the customer's services such as data, voice, multimedia, etc. Furthermore, OSS/BSS provides a granular view of the consumer's data usage, which enables Communications Service Providers (CSPs) develop value added services in order to serve the customer better. Growth in the telecommunications industry is also expected to be a major driving force for the market. Increasing number of wireless subscribers coupled with high demand for handheld devices such as smartphones and tablets is estimated to fuel industry growth over the forecast period. Integrating OSS/BSS with existing networks is a cumbersome task, which may...