PUBLISHER: KBV Research | PRODUCT CODE: 1616637
PUBLISHER: KBV Research | PRODUCT CODE: 1616637
The North America Next Generation OSS And BSS Market would witness market growth of 12.5% CAGR during the forecast period (2024-2031).
The US market dominated the North America Next Generation OSS And BSS Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $39,081.2 million by 2031. The Canada market is experiencing a CAGR of 14.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 13.9% during (2024 - 2031).
The integration of artificial intelligence (AI) and machine learning (ML) into next-generation OSS and BSS platforms is revolutionizing network management and customer interactions. AI-powered OSS platforms enable predictive maintenance, anomaly detection, and automated workflows, significantly reducing operational costs and improving service reliability.
Additionally, Deutsche Telekom employs AI-driven predictive maintenance to anticipate equipment failures, ensuring uninterrupted services, while AT&T automates network operations using AI to handle the complexities of 5G and IoT. These advancements allow service providers to operate more efficiently, proactively address potential issues, and optimize network performance.
North America is a significant contributor to the growth of the next generation OSS and BSS market, driven by the widespread adoption of advanced network technologies like 5G, IoT, and edge computing. The region benefits from strong infrastructure, a robust telecom ecosystem, and a high level of digital adoption across industries. Governments and private sectors in countries across North America are increasingly investing in modernizing their networks and service platforms, ensuring seamless connectivity and advanced customer experiences. Regional initiatives such as the 5G Innovation Fund and cross-border partnerships in digital infrastructure development are key enablers of this market's expansion.
Based on Network, the market is segmented into Mobile, Fixed & Wireless, Cable & Satellite, Mobile Virtual Network Enabler (MVNE), and Other Network. Based on Architecture, the market is segmented into Revenue Management, Service Fulfillment, Customer Management, Service Assurance, Account Management, and Network Management Systems (NMS) & Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
North America Next Generation OSS And BSS Market Report Segmentation
By Network
By Architecture
By Country