Digital BSS Market Trends, Analysis, Growth, Size, Share - 2031

Digital BSS Market Size and Forecasts (2021-2031), Global and Regional Share, Trends, and Growth Opportunity Analysis by Component (Solution and Services); Deployment (Hybrid Cloud, Private Cloud, and Public Cloud); Enterprise Size (SMEs and Large Enterprises); and Geography

  • Report Code : TIPRE00026930
  • Category : Technology, Media and Telecommunications
  • Status : Upcoming
  • No. of Pages : 150
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Analyst Perspective

The global digital BSS market has grown over the past few years in the post-pandemic era. Influenced by the development of E-commerce items, the rise of web portals providing services and billing & administration in various industries like BFSI, government, automobiles, healthcare, and IT & telecom has significantly impacted the growth of the digital BSS market. With the positive impacts come the time and cost constraints that could hinder the market growth.

Market Overview

Digital BSS automates the whole business process in order to support the customer lifecycle, right from the discovery stage to the purchase and after-sales service. A digital business support system is essential for managing operations and the interaction of customers by the organization in a digital platform. North America has emerged as an important region and is expected to dominate the market during the forecast period. The dominance can be attributed to digital transformation. The market is expected to grow with a CAGR of 15.2% during 2023-2031.

Market Driver

The increase in the use of digital devices

The digital age has led to an increase in the application of digital devices. The increase in the use of digital devices has had a favorable impact on the number of online transactions. The advancement of technology has brought about the emergence of advanced AI, ML, and IoT. With the huge volume of data online, as well as digital transactions, there is a growing need to authenticate and protect the data online. The demand for digital BSS will increase in the coming year, which will drive the digital BSS market growth.

Market Scope

The "Global Digital BSS Market Analysis To 2031" is an in-depth study of the technology, media, and telecommunications industry focusing on global market trend analysis. The market report aims to provide an overview of the digital BSS market with an in-depth market segmentation by component, deployment, enterprise size, and geography. The global digital BSS market is anticipated to witness significant growth during the forecast period. The report provides key statistics on the market status of the leading market player and offers key trends and opportunities in the market.

Market Segmentation

The global digital BSS market is segmented based on component, deployment, and enterprise size. On the basis of components, the market is segmented into solutions and services. Based on the deployment, the market segmentation is into hybrid cloud, private cloud, and public cloud. Based on enterprise size, the market is segmented into large SMEs.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including qualitative and quantitative information. It provides an overview and forecast of the global digital BSS market based on various segments. It also provides market size and forecast estimates from 2021 to 2031 regarding the five major regions: North America, South & Central America, Europe, Middle East and Africa (MEA), and Asia Pacific (APAC). Countries and segments segment the digital BSS market by region. The market report covers the analysis and forecast of 18 countries around the globe, along with the current trends and opportunities in the regions.

The report analyzes factors affecting the market from demand and supply. Further, it evaluates market dynamics impacting the market during the forecast period, i.e., opportunities, future trends, drivers, and restraints. The report also provides an extensive PEST analysis highlighting factors affecting the digital BSS market in these regions.

World Geography
Strategic Insights

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MARKET PLAYERS

The reports cover key developments in the digital BSS market as inorganic and organic growth strategies. Many companies are centering on organic growth strategies such as approvals, product launches, patents, and events. Inorganic growth strategies activities seen in the market were acquisitions and partnerships & collaborations. The activities have made way for business expansion and the customer base of market players. The market players from the digital BSS market are anticipated to have lucrative growth opportunities in the future with the rising demand for filter products in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the market. Moreover, the report focuses on leading industry players with information on the profiles, components, and services offered, financial information of the companies over the last 3 years, and key developments in the past five years. The list of a few companies engaged in the digital BSS market is mentioned below.

  • Huawei Technologies Co., Ltd.
  • IBM Corporation
  • Oracle Corporation
  • Sigma Software
  • Optiva, Inc.
  • CGS International
  • Ericsson
  • Amdocs
  • Hansen Technologies
  • MDS Global
technology-media-and-telecomunications
Research Criteria
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

The List of Companies

1.Ericsson
2.Amdocs
3.CSG International
4.Hansen
5.Huawei Technologies Co., Ltd.
6.IBM Corporation
7.Oracle Corporation
8.Sigma Software
9.Optiva, Inc.
10.MDS Global

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

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