Telecoms OSS worth USD67bn in 2016

TELECOMS

|
Image: By BiztechAfrica
Telecoms OSS worth USD67bn in 2016

The global market for operations support systems (OSS) — the computing and software IT infrastructure that performs engineering, provisioning, and management functions in telecommunications networks — will exceed USD67 billion in 2016, according to a new report by Insight Research.

Telecommunications industry spending for OSS is expected to mirror the forecasted growth in service revenue over the next five years, indicating that the industry is expecting sustainable growth in the years ahead.

According to the report,"Operations Support Systems, 2011-2016”, telecommunications network operators worldwide are expected to increase their investment in OSS at a compounded rate of 5.9% over the next five years. 

North American investment in the computing and software systems used to acquire, serve, and bill customers will lag worldwide investment, growing at a compounded rate of 4.6 percent over the same period, while OSS expenditures made by carriers in the Asia, Europe, and Latin America regions will grow at 6.3%. 

The report found that telecommunications service providers are investing most heavily in those OSS needed to support wireless 3G and 4G services.  Over the forecast period, annual OSS spending to support broadband wireless will increase from USD3 billion today to USD22 billion in 2016.

"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," says Insight director Fran Caulfield. "Our research confirms continued strong growth for both wireless services and the operations systems that support the proliferation of smartphones, tablets, and mobility applications," concluded Caulfield.



Share the News

Get Daily Newsletter

Search News

comments powered by Disqus

MORE TELECOMS NEWS

Bharti Airtel announces new MD for Uganda

Bharti Airtel has announced the appointment of Anwar Soussa as the Managing Director of Airtel Uganda, with effect from 1 June 2016.    Read More

Airtel opens new service outlet in Lagos

Airtel Nigeria, has opened a new service outlet, 'Expo Centre' at 47 Adeola Odeku Street, Victoria Island, Lagos. Read More

Mayor opens new ICT shop

Her Worship the Mayor of Francistown has opened the doors of a new ICT initiative in Francistown, in the form of a shop from the country’s leading mobile communications provider, Mascom.   Read More

Africell, Airtel on collision course over cable

Uganda’s Africell is set for a legal battle with Airtel as the two trade accusations over the theft of fibre optic cables. Read More

Vodacom coasts home with two industry awards

Solomon Ogufere, Dr Ernest Ndukwe and Lanre Kolade Vodacom Business Nigeria has won two prestigious awards at the Beacon of ICT (BoICT) Awards ceremony. Read More

Vodafone Ghana to reward whistleblowers on cable theft

Eric Kwame Tetteh Vodafone Ghana is enlisting the help of the general public to help curb cable theft across the country. Read More

MTN Cameroon renews subscriber identification

MTN Cameroon has launched a nationwide campaign that will run until June 2016 to confirm the identity of each subscriber.  Read More

Dairo, Ogiemwanye, Uwaoma now Directors at Etisalat Nigeria

Etisalat Nigeria has announced the appointment of Adeolu Dairo as Director, Consumer Segment, Elvis Ogiemwanye as Director, Brand & Experience and Eric Uwaoma as Director, Enterprise Segment.  Read More

Kenya Power, Safaricom in broadband project

Kenya Power International and Safaricom have signed a MoU that will see more Kenyans connected to broadband Internet.  Read More

MTN Ghana undertakes 4G LTE site testing

MTN Ghana says it has started testing over 60 cell sites located in four different regions of Ghana to pave the way for a successful 4G LTE launch in the third quarter of this year.  Read More

PRESS OFFICES

Sage EnterpriseSAP AfricaTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4AfrikaNetworks UnlimitedArbor Networks

FEATURED STORY

Criticism over Remita borne out of ignorance, says SystemSpecsCriticism over Remita borne out of ignorance, says SystemSpecs

The CEO of SystemSpecs, the company behind the revenue-saving Nigerian Single Treasury Account (TSA) system, speaks to Biztechafrica.

IN DEPTH

IBM Opens First Cloud Data Centre in South AfricaIBM Opens First Cloud Data Centre in South Africa

IBM is opening a new IBM Cloud Data Centre in Johannesburg, South Africa. The new cloud center is the result of a close collaboration with Gijima and Vodacom and is designed to support cloud adoption and customer demand across the continent.