Next Generation Network Oss Bs Market Research Report: By Deployment Model (Cloud-based, On-premises), By Functionality (Network Management, Performance Monitoring, Fault Management, Service Assurance), By Segment (5G Networks, Wireless Networks, Wireline Networks), By Analytics (Real-time Analytics, Historical Analytics, Predictive Analytics), By Use Case (Network Optimization, Fault Detection, Performance Improvement, Service Assurance) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Foreca

Next Generation Network Oss Bs Market Overview

The Next Generation Network Oss Bs Market Size was estimated at 16.14 (USD Billion) in 2022.The Next Generation Network Oss Bs Market Industry is expected to grow from 17.77(USD Billion) in 2023 to 42.2 (USD Billion) by 2032. The Next Generation Network Oss Bs Market CAGR (growth rate) is expected to be around 10.09% during the forecast period (2024 - 2032).

Key Next Generation Network Oss Bs Market Trends Highlighted

The next generation Network OSS/BSS market exhibits several significant market trends. Automated testing and DevOps adoption are becoming increasingly prevalent, enabling faster and more efficient software delivery. Network slicing is gaining traction, providing operators with the flexibility to customize their networks for specific services and applications. Open RAN (Radio Access Network) is emerging as a key trend, offering greater flexibility, cost-effectiveness, and vendor choice. Trend towards cloud-native OSS/BSS solutions is on the rise, enabling scalability, elasticity, and cost optimization. Additionally, the demand for artificial intelligence (AI) and machine learning (ML) in OSS/BSS is growing, enhancing network visibility, automation, and optimization. These trends are shaping the market and creating opportunities for vendors offering innovative solutions that address these evolving needs.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Next Generation Network Oss Bs Market Drivers

Rising Demand for Efficient Network Management

The development of modern networks is associated with an increased complexity and scale triggered by a significant increase in the number of devices, cloud computing, and bandwidth-intensive applications. The implication of this issue is that automated and efficient solutions should be implemented to facilitate network management. The Next Generation network OSS BSS is an example of a system that allows automating and facilitating network operations by providing advanced rural-time visibility, analytics, and control.Although this platform is not aimed only at management, it allows carriers to proactively control their networks and avoid their deterioration, as well as streamline network optimization. In this way, the need to ensure efficient network management will be one of the key growth drivers of the Next Generation Network OSS Bs Market Industry.

Growing Adoption of Cloud-Based OSS/BSS Solutions

The transition toward cloud-based OSS/BSS solutions is increasingly prominent as network operators look to minimise infrastructure costs, improve scalability, and boost operational flexibility. Networks may be managed in a flexible and cost-effective way with cloud-based OSS/BSS systems since they do not require on-site hardware and software. Furthermore, they enable network operators to view network performance more closely and make data-driven decisions because to the advanced analytics and machine learning capabilities.These advantages are anticipated to drive the market expansion of the Next-Generation Network OSS Bs Market Industry worldwide.

Increasing Focus on Network Security

The progression of the threat landscape coupled with the increased sophistication level of the cyber-attacks is prompting the need for the up-graded network security measures. Subsequently, the Modern-day next-generation network OSS/BSS contain advanced security capabilities, including but not limited to threat detection and network intrusion prevention. Thus, these features contribute to guarding network systems from any unauthorized access therein, shielding network systems from data loss and any additional security threats.Therefore, the attention towards network security will likely take on a growth indicator on the Next Generation Network OSS Bs Market Industry.

Next Generation Network Oss Bs Market Segment Insights

Next Generation Network Oss Bs Market Deployment Model Insights

The deployment model segment of the Next Generation Network Oss Bs Market is categorized into cloud-based and on-premises. Cloud-based deployment involves hosting the Next Generation Network Oss Bs solution on a remote server, accessible via the internet. On-premises deployment, on the other hand, entails installing and managing the solution on the organization's own infrastructure. According to industry data, the cloud-based deployment model is gaining significant traction in the Next Generation Network Oss Bs Market, primarily due to its cost-effectiveness, scalability, and flexibility.Cloud-based solutions eliminate the need for organizations to invest in hardware, software, and IT infrastructure, reducing upfront costs and ongoing maintenance expenses. 

Additionally, cloud-based deployment enables organizations to access the latest features and updates automatically, ensuring they remain competitive in the rapidly evolving technology landscape. The on-premises deployment model, while still preferred by some organizations due to security and compliance concerns, is expected to witness a gradual decline in market share. Factors contributing to this decline include the increasing adoption of cloud computing and the growing preference for managed services, which offer organizations the benefits of cloud-based deployment without the need to manage the infrastructure themselves.

In terms of market size, the cloud-based deployment model is projected to account for a larger share of the Next Generation Network Oss Bs Market revenue in the coming years. Market research forecasts suggest that by 2025, the cloud-based deployment segment could capture over 60% of the market share, driven by the growing adoption of cloud-based solutions across various industries. This growth is attributed to the increasing demand for agile and cost-effective network management solutions, coupled with the growing trend towards remote work and distributed workforces.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Next Generation Network Oss Bs Market Functionality Insights

The Functionality segment is expected to exhibit a strong growth in the Next Generation Network Oss Bs Market as a result of an increasing demand for efficient network management and optimization solutions. Network Management is a key functionality that allows the operators to monitor, control, and manage networks effectively. Performance Monitoring solutions are in high demand because they provide real-time network performance visibility for the timely identification and resolution of issues. Fault Management solution is essential for impact minimization and continuity of service provision because it allows solving issues before they result in actual disruptions in the network’s operation.Service Quality Assurance functionality is also expanding because it helps monitor and verify Service Level Agreements. The Next Generation Network Oss Bs Market revenue for Functionality is expected to increase to USD 15.76 billion by 2025, expanding at a CAGR of 10.2%.

Next Generation Network Oss Bs Market Segment Insights

5G Networks, Wireless Networks, and Wireline Networks are the three main segments of the Next Generation Network Oss Bs Market. 5G Networks segment is expected to grow at a CAGR of 12.5% during the forecast period, owing to the increasing adoption of 5G technology. Wireless Networks segment is expected to grow at a CAGR of 11.8% during the forecast period, owing to the increasing demand for wireless connectivity. Wireline Networks segment is expected to grow at a CAGR of 10.9% during the forecast period, owing to the increasing demand for high-speed internet connectivity.The Next Generation Network Oss Bs Market is expected to reach a market valuation of USD 25.34 billion by 2026, growing at a CAGR of 11.2% during the forecast period.

Next Network Oss Bs Market Analytics Insights

The Analytics segment of the Next Generation Network Oss Bs Market is anticipated to grow significantly in the coming years. The increasing need for real-time data analysis and predictive insights is driving the growth of this segment. Real-time Analytics, Historical Analytics and Predictive Analytics are the key sub-segments of the Analytics segment. Real-time Analytics: This sub-segment enables network operators to monitor and analyze network performance in real-time, allowing them to quickly identify and resolve issues. The Next Generation Network Oss Bs Market for Real-time Analytics is expected to be valued at USD 4.5 billion by 2024, growing at a CAGR of 12.5%.Historical Analytics: This sub-segment allows network operators to analyze historical data to identify trends and patterns, helping them to plan for future network upgrades and expansions. The Next Generation Network Oss Bs Market for Historical Analytics is expected to be valued at USD 3.2 billion by 2024, growing at a CAGR of 10.8%. Predictive Analytics: This sub-segment uses machine learning and artificial intelligence to predict future network performance and identify potential risks. The Next Generation Network Oss Bs Market for Predictive Analytics is expected to be valued at USD 2.7 billion by 2024, growing at a CAGR of 14.2%.

Next Generation Network Oss Bs Market Use Case Insights

The Use Case segment of the Next Generation Network Oss Bs Market is anticipated to witness significant growth in the coming years. The increasing adoption of next-generation technologies, such as 5G and IoT, is driving the demand for advanced OSS/BSS solutions that can manage and optimize complex networks. The Network Optimization sub-segment is expected to account for a major share of the market revenue in the coming years, as network operators seek to improve network performance and efficiency. The Fault Detection sub-segment is also expected to witness strong growth, as network operators focus on reducing network downtime and improving customer satisfaction.The Performance Improvement sub-segment is expected to benefit from the growing demand for real-time network performance monitoring and analytics solutions. The Service Assurance sub-segment is expected to witness steady growth, as network operators seek to ensure the quality of their services and meet customer expectations.

Next Generation Network Oss Bs Market Regional Insights

The Next Generation Network Oss Bs Market is segmented into North America, Europe, Asia Pacific, South America, and the Middle East and Africa. North America is expected to hold the largest market share in 2023, owing to the presence of a large number of telecommunications companies and the early adoption of next-generation network technologies. Europe is expected to be the second-largest market, followed by Asia Pacific. The Asia Pacific region is expected to grow at the highest CAGR during the forecast period, owing to the increasing demand for next-generation network services in developing countries.South America and the Middle East and Africa are expected to grow at a steady pace during the forecast period.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Next Generation Network Oss Bs Market Key Players And Competitive Insights

Major players in Next Generation Network Oss Bs Market are in constant competition to gain market share and increase their revenue. Leading Next Generation Network Oss Bs Market players are focusing on expanding their footprint by establishing new regional headquarters and increasing their sales and distribution channels. Next Generation Network Oss Bs Market development is being driven by the increasing adoption of cloud-based solutions and the growing need for efficient and automated network management systems. The Next Generation Network Oss Bs Market competitive landscape is expected to remain highly competitive in the coming years, with new players entering the market and existing players looking to expand their market share.

One of the leading companies in the Next Generation Network Oss Bs Market is Nokia. Nokia offers a comprehensive suite of Next Generation Network Oss Bs solutions that are designed to help communication service providers (CSPs) manage their networks more efficiently. Nokia's Next Generation Network Oss Bs solutions are based on a cloud-native architecture, which provides CSPs with the flexibility and scalability they need to meet the demands of their customers. Nokia has a strong presence and a large customer base, which gives it a competitive advantage in the Next Generation Network Oss Bs Market.A notable competitor in the Next Generation Network Oss Bs Market is Ericsson. Ericsson offers a wide range of Next Generation Network Oss Bs solutions that are designed to help CSPs automate their network operations and improve their customer experience. Ericsson's Next Generation Network Oss Bs solutions are based on a service-oriented architecture (SOA), which provides CSPs with the flexibility and scalability they need to meet the demands of their customers. Ericsson has a strong presence and a large customer base, which gives it a competitive advantage in the Next Generation Network Oss Bs Market.

Key Companies in the Next Generation Network Oss Bs Market Include

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  Comarch

  
  


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  Hewlett Packard Enterprise

  
  


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  Oracle

  
  


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  Infosys

  
  


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  Nokia

  
  


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  Cisco

  
  


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  Ericsson

  
  


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  Huawei

  
  


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  Sterlite Technologies

  
  


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  SAP

  
  


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  ZTE

  
  


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  Fujitsu

  
  


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  Tech Mahindra

  
  


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  IBM

  
  


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  Amdocs

  
  

Next Generation Network Oss Bs Market Industry Developments

The Next Generation Network OSS/BSS market is anticipated to grow steadily over the forecast period, driven by the increasing adoption of 5G and other next-generation technologies. Key market trends include the growing demand for real-time network visibility and control, the need for automation and orchestration to manage complex network environments, and the convergence of OSS and BSS systems. Major players in the market include Nokia, Ericsson, Huawei, and Amdocs. Recent news developments include the launch of new OSS/BSS solutions by vendors, such as Nokia's AVA Cognitive Operations Suite and Ericsson's Operations Orchestration Center. The market is expected to face challenges such as the lack of skilled professionals and the need for integration with legacy systems. Despite these challenges, the overall outlook for the Next Generation Network OSS/BSS market remains positive.

Next Generation Network Oss Bs Market Segmentation Insights

Next Generation Network Oss Bs Market Deployment Model Outlook

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  Cloud-based

  
  


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  On-premises

  
  

Next Generation Network Oss Bs Market Functionality Outlook

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  Network Management

  
  


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  Performance Monitoring

  
  


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  Fault Management

  
  


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  Service Assurance

  
  

Next Generation Network Oss Bs Market Segment Outlook

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  5G Networks

  
  


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  Wireless Networks

  
  


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  Wireline Networks

  
  

Next Generation Network Oss Bs Market Analytics Outlook

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  Real-time Analytics

  
  


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  Historical Analytics

  
  


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  Predictive Analytics

  
  

Next Generation Network Oss Bs Market Use Case Outlook

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  Network Optimization

  
  


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  Fault Detection

  
  


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  Performance Improvement

  
  


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  Service Assurance

  
  

Next Generation Network Oss Bs Market Regional Outlook

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  North America

  
  


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  Europe

  
  


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  South America

  
  


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  Asia Pacific

  
  


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  Middle East and Africa