Insight Research Sees Strong Growth in OSS Investments

The global market for operations support systems (OSS) -- the software infrastructure that manages telecom and broadband networks -- will grow to exceed $67 billion come 2016, according to a new Insight Research report. Industry spending for OSS is expected to mirror the forecast growth in service revenue over the next five years, indicating the industry is anticipating sustainable growth over the next five years.
 
Insight forecasts that network operators will increase their OSS investments at a 5.9% compound annual growth rate (CAGR) between 2012 and 2016.

Breaking out the forecast along geographic and functional business lines, North American investment in computing and software systems to acquire, serve and bill customers will increase at a 4.6% CAGR, lagging overall investment worldwide. OSS expenditures by service providers in the Asia, Europe and Latin America regions will grow at a 6.3% rate.
 
Much of the new OSS investment is in support of wireless 3G and 4G services. Annual OSS spending to support broadband wireless will increase from $3 billion to $22 billion between 2012 and 2016, Insight forecasts.
 
"Telecommunications providers will continue to invest in systems that streamline their operations - particularly in growth areas such as customer care and network engineering for wireless services" Insight director Fran Caulfield commented. "Our research confirms continued strong growth for both wireless services and the operations systems that support the proliferation of smartphones, tablets, and mobility applications."

Written by Kevin Kutcher at 15:00
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