OSS Spending to Hit $67 Billion in 2016

The global market for operations support systems (OSS) will exceed $67 billion in 2016, according to a new report by Insight Research. Telecommunications industry spending for OSS is expected to mirror the forecast growth in service revenue over the next five years.

According to "Operations Support Systems, 2011-2016," telecommunications network operators worldwide are forecast 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% over the same period, while OSS expenditures in Asia, Europe, and Latin America will grow at 6.3%.
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