OSS/BSS market projected to grow from $19.2B in 2023 to $66.2B by 2033, with a 13.5% CAGR.

The OSS (Operations Support Systems) and BSS (Business Support Systems) market is projected to grow from $19.2 billion in 2023 to $66.2 billion by 2033, with a CAGR of 13.5%. Key growth drivers include reduced operational expenses and increased adoption of convergent billing systems. While opportunities arise from cloud technology and new operating systems, challenges like interoperability and data security may impede growth. The IT and telecom sectors are expected to lead this market expansion.

September 12, 2024
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