Global Digital Business Support System Market is Expected to Grow at a CAGR of 15.0% by 2027 Owing To The Increasing Number of Telecom Providers and Mobile Network Operators in North America: Says Absolute Markets Insights

Digital business support systems (BSS) are being adopted by the telecommunications service provider (or telco) to conduct business operations and cater to their wide range of customers. The North American mobile virtual network operators market is among the most mature and developed markets in the world. The digital business support system market has been positively influenced due to the developed mobile virtual network operators in the region. The structure of the U.S. telecommunications industry has changed dramatically over recent decades. Telecommunication network providers are increasingly adopting a modern development process for their business support system. By embracing the tenets of iterative development, continual feedback, and greater use of automation in testing, deployment, and monitoring, telecom network operators are fastening the implementation of business support system extensions and standalone solutions.

Angola Telecom, an Angola-based telecommunication and internet service provider, collaborated with CSG’s partner, Satec for deploying CSG Interconnect, a revenue management solution, for the organization’s wholesale operations. CSG is a U.S.-based multinational corporation engaged in providing business support systems solution and services and catering to telecommunications industry. Furthermore, growing number of startups and other new entrants across U.S. and Canada in the digital business support system market are offering specialized solutions to cater to similar demands, thereby pacing the growth of the industry.

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In terms of revenue, the global digital business support system market stood at US$ 2,798.59 Mn in 2018 and is anticipated to reach US$ 9,819.25 Mn by 2027, expanding at a CAGR of 15% during the forecast period (2019 – 2027).

The North America digital business support system market is anticipated grow tremendously in the coming six years owing to the rapid shift of telecom operators towards automated systems. They are embracing new methods for deploying and running their digital business support systems. Simultaneously, the vendors are developing expanded platforms and risk-sharing business models, enabling the operators to more quickly implement digital business support systems. Hence, the collaborative approach between the telecom and digital business support system market vendors is expected to positively influence the market growth.”

The detailed research study provides qualitative and quantitative analysis of the global digital business support system market. The digital business support system market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further, across all the major countries. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East, Africa, and Latin America.

Some of the major players operating in the global digital business support system market are 6d TechnologieS, ALEPO, Arbeit Consultancy, Atos SE, BearingPoint, Capgemini, Comarch SA, CSG, Huawei Technologies Co., Ltd., Mahindra ComViva, MYCOM OSI, Netcracker Inc., Nokia, OPENET, PETER-SERVICE, JSC, Qvantel, Rashed Al Makhawi Enterprises L.L.C., SAP, Tech Mahindra Limited, Telefonaktiebolaget LM Ericsson, and The Broadleaf Group amongst others.

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  • By Component
    • Solutions
      • Revenue and Billing
      • Customer Management
      • Order Management
      • Product Management
      • Sales and Marketing Management
      • Others (Inventory and Number Management, Policy Management and Back Office Process Management, Etc.)
    • Services
      • Managed
      • Professional
    • Deployment Model
      • Cloud Based
        • Public
        • Private
        • Hybrid Cloud
      • On Premise
    • By Organization Size
      • Small and Medium-Sized Enterprises
      • Large Enterprises
    • By End User
      • Telecommunications
      • Utility
      • Media and Entertainment
      • Government
      • Others
    • By Region
      • North America
        • U.S.
        • Canada
        • Mexico
        • Rest of North America
      • Europe
        • France
        • The UK
        • Spain
        • Germany
        • Italy
        • Nordic Countries
          • Denmark
          • Finland
          • Iceland
          • Sweden
          • Norway
        • Benelux Union
          • Belgium
          • The Netherlands
          • Luxembourg
        • Rest of Europe
      • Asia Pacific
        • China
        • Japan
        • India
        • New Zealand
        • Australia
        • South Korea
        • Southeast Asia
          • Indonesia
          • Thailand
          • Malaysia
          • Singapore
          • Rest of Southeast Asia
        • Rest of Asia Pacific
      • Middle East & Africa
        • Saudi Arabia
        • UAE
        • Egypt
        • Kuwait
        • South Africa
        • Rest of Middle East & Africa
      • Latin America
        • Brazil
        • Argentina
        • Rest of Latin America

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Shreyas Tanna

About Shreyas Tanna

The winner of Mr. Pune 2009 Pageant, Mr. Shreyas Tanna is currently the young, dashing, and dynamic CEO of a market research company called Research N Reports in Pune. Fondly known as RNR, the company specializes in market research as well as industry analysis, and is closely associated with its parent company Absolute Markets Insights (AMI). Mr. Shreyas Tanna began his corporate journey as the Head of Corporate sales & PR at RED Entertainment while pursuing his degree for MMS (Marketing) from the MGM College of Management, Mumbai. After accomplishing the tedious task of balancing his work and education, he further polished his skills in Corporate Sales, Public Relations, Channel Development, Global Client Engagement, Strategic Consulting, and Brand Development by working with HDFC Life and ResearchMoz Global Pvt. Ltd. His dedication towards his work has even won him accolades such as the National Level Performer 2013 – HDFC Life and Mr. ResearchMoz 2015. A disciplined individual with a loving heart, he is often seen taking crisp walks with an engrossed look and a gentle smile within the premises of his company to interact with the various departments. And he will be usually followed by an adorable trail of his beloved trio of Shih Tzu babies proudly known as Gucci, Drake, and Paris. The most enticing thing that you will notice about this content and proud pet parent is his infectious positivity and the firm belief in his eyes, a reflection of his favorite quote, “LIFE IS BEAUTIFUL!”

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