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Europe Digital Business Support System Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component (Solution and Services [Professional {License and Maintenance, Consulting, Implementation, and Training and Education} and Managed]) 

Code: TIPRE00020533 | Pages: 204 | Industry: Technology, Media and Telecommunications | Date: Mar 2021
Covid

Market Introduction

the European telecom industry is experiencing high competition from new entrants in the market, providing services at a low cost. Increasing pressure of keeping optimal pricing and improving service quality are factors compelling European telecom operators and CSPs to opt for advanced and efficient digital Business Support System (BSS), which can provide them enhanced operational efficiency and capability to roll out and offer new services effectively. Consolidation in the European market to gain market share and reduce customer churn is also expected to persuade companies to adopt advanced digital Business Support System (BSS). Furthermore, heavy demand for cloud-based and IoT-based licenses and maintenance, consulting, training & education, and implementation service; and requirement to lower operating and capital expenditure are a few factors expected to drive the European market during the forecast period. Presence of advanced and easy-to-use digital BSS solutions and telecommunication companies moving toward comprehensive digital offering are the major factor driving the growth of the Europe digital business support system market.

Moreover, in case of COVID-19, Europe is highly affected specially the UK. Businesses in the region face severe economic difficulties as they had to suspend their operations or substantially reduce their activities. Owing to business lockdowns, travel bans, and supply chain disruptions, the region is anticipated to have an economic slowdown in 2020 and most likely in 2021. The member states of Europe, such as Italy, Spain, and Germany, have implemented drastic measures and travel restrictions to limit the spread of coronavirus among its citizens. The COVID-19 pandemic has initiated major changes in the usage and development of telecom networks and services to provide enhanced services to the employees for teleworking; students for learning online; people for communicating via video. The telecoms sector during the pandemic has become a lifeline for the citizens and businesses across the region. The pandemic situation laid the telecom sector to the test their capability by managing traffic peaks and spikes, combined with a difficult working circumstances and national crisis. All these factors are expected to have a positively impacted on digital Business Support System (BSS) market growth in European countries. Italy, Spain, Germany, UK, and France Digital Business Support System (BSS) markets are anticipated to see the positive impact in 2020 and likely to boost in the 2021.

Market Overview and Dynamics

The Europe digital business support system market is expected to grow from US$ 860.48 million in 2019 to US$ 2,152.61 million by 2027; it is estimated to grow at a CAGR of 12.4 % from 2020 to 2027. Pre-built and digital BSS solution is expected to escalate the Europe digital business support system market. Digital transformation is taking place across the Europe. The shift from traditional services to digital services is on the rise. The growth of data and use of multiple devices by individuals and enterprises have led to the development of ready-to-use and pre-built digital Business Support System (BSS) solutions. End users of BSS no longer want to spend huge money and extended time for implementation of BSS solutions. Traditionally, deployment of BSS solutions takes a long time. With the advent of digital Business Support System (BSS), this challenge has significantly reduced. Today digital Business Support System (BSS) vendors are offering pre-built and ready-to-use solutions that are easy-to-operate and require less time for implementation. Digital Business Support System (BSS) solutions facilitate real time rating and efficient metering and charging of sophisticated digital services. Apart from the trend of pre-built digital Business Support System (BSS), the 5G ready BSS stack trend is also increasing. A 5G ready BSS stack lets operators quickly monetize the data network with innovative and personalized offerings, enhancing the digital experience for subscribers and improving customer loyalty. The convergent platform offers the capability of customer relationship management, convergent charging, and billing. It also provides flexibility to introduce several varied digital services with new billing models. These advantages are expected to drive the Europe digital business support system market.

Key Market Segments

In terms of component, the services segment accounted for the largest share of the Europe digital business support system market in 2019.   

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the Europe digital business support system market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Accenture; Alepo; Amdocs Limited; BearingPoint; Capgemini SE; Cerillion plc; Comarch SA; Comviva; CSG Systems International, Inc.; FTS – Formula Telecom Solutions Ltd; Huawei Technologies Co., Ltd.; IBM Corporation; Infosys Ltd.; MIND CTI; NetCracker Technology Corporation; Nokia Corporation; Openet; Optiva Inc.; Oracle Corporation; QVANTEL; Sigma Software; Sterlite Tech; Tata Consultancy Services Limited; Telefonaktiebolaget LM Ericsson; ZTE Corporation.

Reasons to buy report

  • To understand the Europe digital business support system market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe digital business support system market
  • Efficiently plan M&A and partnership deals in Europe digital business support system market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe digital business support system market
  • Obtain market revenue forecast for market by various segments from 2020-2027 in Europe region.

Europe Digital Business Support System Market Segmentation 

Europe Digital Business Support System Market - By Component

  • Solution
  • Services
    • Professional
      • License and Maintenance
      • Consulting
      • Implementation
      • Training and Education
    • Managed

Europe Digital Business Support System Market - By Country

  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe                   

Europe Digital Business Support System Market - Company Profiles

  • Accenture
  • Alepo                 
  • Amdocs Limited
  • BearingPoint
  • Capgemini SE
  • Cerillion plc
  • Comarch SA
  • Comviva
  • CSG Systems International, Inc.
  • FTS – Formula Telecom Solutions Ltd
  • Huawei Technologies Co., Ltd.
  • IBM Corporation
  • Infosys Ltd.
  • MIND CTI
  • NetCracker Technology Corporation
  • Nokia Corporation
  • Openet
  • Optiva Inc.
  • Oracle Corporation
  • QVANTEL
  • Sigma Software               
  • Sterlite Tech
  • Tata Consultancy Services Limited
  • Telefonaktiebolaget LM Ericsson
  • ZTE Corporation

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Europe Digital Business Support System (BSS) Market Landscape

4.1         Market Overview

4.2         Porters Five Forces Analysis

4.2.1        Bargaining Power of Buyers

4.2.2        Bargaining Power of Suppliers

4.2.3        Threat to New Entrants

4.2.4        Threat to Substitutes

4.2.5        Competitive Rivalry

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           Europe Digital Business Support System (BSS) Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Telecommunication Companies Moving Toward Comprehensive Digital Offering

5.1.2        Presence of Advanced and Easy-to-Use Digital BSS Solutions

5.2         Market Restraints

5.2.1        Less Awareness and Expertise About Digital BSS Solutions

5.3         Future Trends

5.3.1        Necessity for continuous innovation by digital BSS vendors

5.4         Market Opportunities

5.4.1        Pre-built and digital BSS solution

5.5         Impact Analysis of Drivers and Restraints

6.           Digital Business Support System (BSS) Market – Europe Analysis

6.1         Europe Digital Business Support System (BSS) Market Overview

6.2         Europe Digital Business Support System (BSS) Market Forecast and Analysis

7.           Europe Digital Business Support System (BSS) Market Analysis – By Component

7.1         Overview

7.2         Europe Digital Business Support System (BSS) Market Breakdown, By Component 2019 & 2027 (%)

7.3         Solution

7.3.1        Overview

7.3.2        Solution: Digital Business Support System (BSS) Market Forecast and Analysis

7.4         Services

7.4.1        Overview

7.4.2        Services: Digital Business Support System (BSS) Market Forecast and Analysis

7.4.2.1          Professional Services

7.4.2.1.1          Overview

7.4.2.1.2          Professional Services: Digital Business Support System (BSS) Market Forecast and Analysis

7.4.2.1.2.1        License and Maintenance

7.4.2.1.2.1.1       Overview

7.4.2.1.2.1.2       License and Maintenance: Digital Business Support System (BSS) Market Forecast and Analysis

7.4.2.1.2.2        Consulting

7.4.2.1.2.2.1       Overview

7.4.2.1.2.2.2       Consulting: Digital Business Support System (BSS) Market Forecast and Analysis

7.4.2.1.2.3        Implementation

7.4.2.1.2.3.1       Overview

7.4.2.1.2.3.2       Implementation: Digital Business Support System (BSS) Market Forecast and Analysis

7.4.2.1.2.4        Training & Education Service

7.4.2.1.2.4.1       Overview

7.4.2.1.2.4.2       Training & Education Service: Digital Business Support System (BSS) Market Forecast and Analysis

7.4.2.2          Managed Services

7.4.2.2.1          Overview

7.4.2.2.2          Managed Services: Digital Business Support System (BSS) Market Forecast and Analysis

8.           Europe Digital Business Support System (BSS) Market – Country Analysis

8.1         Overview

8.1.1        Europe: Digital Business Support System (BSS) Market, By Country

8.1.1.1          Germany: Digital Business Support System (BSS) Market – Revenue and Forecast to 2027 (US$ Million)

8.1.1.1.1          Germany: Digital Business Support System (BSS) Market, By Component

8.1.1.1.1.1        Germany: Digital Business Support System (BSS) Market, By Services

8.1.1.1.1.1.1       Germany: Digital Business Support System (BSS) Market, By Professional Services

8.1.1.2          France: Digital Business Support System (BSS) Market – Revenue and Forecast to 2027 (US$ Million)

8.1.1.2.1          France: Digital Business Support System (BSS) Market, By Component

8.1.1.2.1.1        France: Digital Business Support System (BSS) Market, By Services

8.1.1.2.1.1.1       France: Digital Business Support System (BSS) Market, By Professional Services

8.1.1.3          Italy: Digital Business Support System (BSS) Market – Revenue and Forecast to 2027 (US$ Million)

8.1.1.3.1          Italy: Digital Business Support System (BSS) Market, By Component

8.1.1.3.1.1        Italy: Digital Business Support System (BSS) Market, By Services

8.1.1.3.1.1.1       Italy: Digital Business Support System (BSS) Market, By Professional Services

8.1.1.4          UK: Digital Business Support System (BSS) Market – Revenue and Forecast to 2027 (US$ Million)

8.1.1.4.1          UK: Digital Business Support System (BSS) Market, By Component

8.1.1.4.1.1        UK: Digital Business Support System (BSS) Market, By Services

8.1.1.4.1.1.1       UK: Digital Business Support System (BSS) Market, By Professional Services

8.1.1.5          Spain: Digital Business Support System (BSS) Market – Revenue and Forecast to 2027 (US$ Million)

8.1.1.5.1          Spain: Digital Business Support System (BSS) Market, By Component

8.1.1.5.1.1        Spain: Digital Business Support System (BSS) Market, By Services

8.1.1.5.1.1.1       Spain: Digital Business Support System (BSS) Market, By Professional Services

8.1.1.6          Rest of Europe: Digital Business Support System (BSS) Market – Revenue and Forecast to 2027 (US$ Million)

8.1.1.6.1          Rest of Europe: Digital Business Support System (BSS) Market, By Component

8.1.1.6.1.1        Rest of Europe: Digital Business Support System (BSS) Market, By Services

8.1.1.6.1.1.1       Rest of Europe: Digital Business Support System (BSS) Market, By Professional Services

9.           Europe Digital Business Support System (BSS) Market- COVID-19 Impact Analysis

9.1         Europe

10.        Industry Landscape

10.1      Overview

10.2      Market Initiative

10.3      New Product Development

10.4      Merger and Acquisition

11.        Company Profiles

11.1      Amdocs Limited

11.1.1     Key Facts

11.1.2     Business Description

11.1.3     Products and Services

11.1.4     Financial Overview

11.1.5     SWOT Analysis

11.1.6     Key Developments

11.2      Huawei Technologies Co., Ltd.

11.2.1     Key Facts

11.2.2     Business Description

11.2.3     Products and Services

11.2.4     Financial Overview

11.2.5     SWOT Analysis

11.2.6     Key Developments

11.3      Telefonaktiebolaget LM Ericsson

11.3.1     Key Facts

11.3.2     Business Description

11.3.3     Products and Services

11.3.4     Financial Overview

11.3.5     SWOT Analysis

11.3.6     Key Developments

11.4      NetCracker Technology Corporation

11.4.1     Key Facts

11.4.2     Business Description

11.4.3     Products and Services

11.4.4     Financial Overview

11.4.5     SWOT Analysis

11.4.6     Key Developments

11.5      CSG Systems International, Inc.

11.5.1     Key Facts

11.5.2     Business Description

11.5.3     Products and Services

11.5.4     Financial Overview

11.5.5     SWOT Analysis

11.5.6     Key Developments

11.6      Optiva Inc.

11.6.1     Key Facts

11.6.2     Business Description

11.6.3     Products and Services

11.6.4     Financial Overview

11.6.5     SWOT Analysis

11.6.6     Key Developments

11.7      Nokia Corporation

11.7.1     Key Facts

11.7.2     Business Description

11.7.3     Products and Services

11.7.4     Financial Overview

11.7.5     SWOT Analysis

11.7.6     Key Developments

11.8      Capgemini SE

11.8.1     Key Facts

11.8.2     Business Description

11.8.3     Products and Services

11.8.4     Financial Overview

11.8.5     SWOT Analysis

11.8.6     Key Developments

11.9      ZTE Corporation

11.9.1     Key Facts

11.9.2     Business Description

11.9.3     Products and Services

11.9.4     Financial Overview

11.9.5     SWOT Analysis

11.9.6     Key Developments

11.10   Alepo

11.10.1  Key Facts

11.10.2  Business Description

11.10.3  Products and Services

11.10.4  Financial Overview

11.10.5  SWOT Analysis

11.10.6  Key Developments

11.11   Openet

11.11.1  Key Facts

11.11.2  Business Description

11.11.3  Products and Services

11.11.4  Financial Overview

11.11.5  SWOT Analysis

11.11.6  Key Developments

11.12   Sigma Software

11.12.1  Key Facts

11.12.2  Business Description

11.12.3  Products and Services

11.12.4  Financial Overview

11.12.5  SWOT Analysis

11.12.6  Key Developments

11.13   Cerillion plc

11.13.1  Key Facts

11.13.2  Business Description

11.13.3  Products and Services

11.13.4  Financial Overview

11.13.5  SWOT Analysis

11.13.6  Key Developments

11.14   STERLITE TECH

11.14.1  Key Facts

11.14.2  Business Description

11.14.3  Products and Services

11.14.4  Financial Overview

11.14.5  SWOT Analysis

11.14.6  Key Developments

11.15   Comarch SA

11.15.1  Key Facts

11.15.2  Business Description

11.15.3  Products and Services

11.15.4  Financial Overview

11.15.5  SWOT Analysis

11.15.6  Key Developments

11.16   Accenture

11.16.1  Key Facts

11.16.2  Business Description

11.16.3  Products and Services

11.16.4  Financial Overview

11.16.5  SWOT Analysis

11.16.6  Key Developments

11.17   Infosys Ltd.

11.17.1  Key Facts

11.17.2  Business Description

11.17.3  Products and Services

11.17.4  Financial Overview

11.17.5  SWOT Analysis

11.17.6  Key Developments

11.18   Oracle Corporation

11.18.1  Key Facts

11.18.2  Business Description

11.18.3  Products and Services

11.18.4  Financial Overview

11.18.5  SWOT Analysis

11.18.6  Key Developments

11.19   Comviva

11.19.1  Key Facts

11.19.2  Business Description

11.19.3  Products and Services

11.19.4  Financial Overview

11.19.5  SWOT Analysis

11.19.6  Key Developments

11.20   QVANTEL

11.20.1  Key Facts

11.20.2  Business Description

11.20.3  Products and Services

11.20.4  Financial Overview

11.20.5  SWOT Analysis

11.20.6  Key Developments

11.21   BEARINGPOINT

11.21.1  Key Facts

11.21.2  Business Description

11.21.3  Products and Services

11.21.4  Financial Overview

11.21.5  SWOT Analysis

11.21.6  Key Developments

11.22   Tata Consultancy Services Limited

11.22.1  Key Facts

11.22.2  Business Description

11.22.3  Products and Services

11.22.4  Financial Overview

11.22.5  SWOT Analysis

11.22.6  Key Developments

11.23   FTS – Formula Telecom Solutions Ltd

11.23.1  Key Facts

11.23.2  Business Description

11.23.3  Products and Services

11.23.4  Financial Overview

11.23.5  SWOT Analysis

11.23.6  Key Developments

11.24   MIND CTI

11.24.1  Key Facts

11.24.2  Business Description

11.24.3  Products and Services

11.24.4  Financial Overview

11.24.5  SWOT Analysis

11.24.6  Key Developments

11.25   IBM Corporation

11.25.1  Key Facts

11.25.2  Business Description

11.25.3  Products and Services

11.25.4  Financial Overview

11.25.5  SWOT Analysis

11.25.6  Key Developments

12.        Appendix

12.1      About The Insight Partners

12.2      Word Index

LIST OF TABLES

Table 1.             Europe Digital Business Support System (BSS) market, Revenue and Forecast to 2027 (US$ Mn)

Table 2.             Germany Digital Business Support System (BSS) Market, By Component – Revenue and Forecast to 2027 (US$ Million)

Table 3.             Germany: Digital Business Support System (BSS) Market, By Services – Revenue and Forecast to 2027(US$ Million)

Table 4.             Germany: Digital Business Support System (BSS) Market, By Professional Services – Revenue and Forecast to 2027(US$ Million)

Table 5.             France Digital Business Support System (BSS) Market, By Component – Revenue and Forecast to 2027 (US$ Million)

Table 6.             France Digital Business Support System (BSS) Market, By Services – Revenue and Forecast to 2027 (US$ Million)

Table 7.             France Digital Business Support System (BSS) Market, By Professional Services – Revenue and Forecast to 2027 (US$ Million)

Table 8.             Italy Digital Business Support System (BSS) Market, By Component – Revenue and Forecast to 2027 (US$ Million)

Table 9.             Italy: Digital Business Support System (BSS) Market, By Services – Revenue and Forecast to 2027 (US$ Million)

Table 10.          Italy: Digital Business Support System (BSS) Market, By Professional Services – Revenue and Forecast to 2027 (US$ Million)

Table 11.          UK Digital Business Support System (BSS) Market, By Component – Revenue and Forecast to 2027 (US$ Million)

Table 12.          UK: Digital Business Support System (BSS) Market, By Services – Revenue and Forecast to 2027 (US$ Million)

Table 13.          UK: Digital Business Support System (BSS) Market, By Professional Services – Revenue and Forecast to 2027 (US$ Million)

Table 14.          Spain Digital Business Support System (BSS) Market, By Component – Revenue and Forecast to 2027 (US$ Million)

Table 15.          Spain Digital Business Support System (BSS) Market, By Services – Revenue and Forecast to 2027 (US$ Million)

Table 16.          Spain Digital Business Support System (BSS) Market, By Professional Services – Revenue and Forecast to 2027 (US$ Million)

Table 17.          Rest of Europe Digital Business Support System (BSS) Market, By Component – Revenue and Forecast to 2027 (US$ Million)

Table 18.          Rest of Europe Digital Business Support System (BSS) Sensors, By Services – Revenue and Forecast to 2027 (US$ Million)

Table 19.          Rest of Europe Digital Business Support System (BSS) Sensors, By Professional Services – Revenue and Forecast to 2027 (US$ Million)

Table 20.          List of Abbreviation

LIST OF FIGURES

Figure 1.           Europe Digital Business Support System (BSS) Market Segmentation

Figure 2.           Europe Digital Business Support System (BSS) Market Segmentation – By Country

Figure 3.           Europe Digital Business Support System (BSS) Market Overview

Figure 4.           Services Segment is Expected to Dominate the Market by Component

Figure 5.           Managed services Segment held Largest Market Share in 2019

Figure 6.           License and Maintenance held Largest Market Share in 2019

Figure 7.           Germany held Largest Market Share in 2019

Figure 8.           Porter’s Five Forces Analysis

Figure 9.           Expert Opinion

Figure 10.        Europe Digital Business Support System (BSS) Market: Impact Analysis of Drivers and Restraints

Figure 11.        Europe Digital Business Support System (BSS) Market Forecast and Analysis, (US$ Mn)

Figure 12.        Europe Digital Business Support System (BSS) Market Breakdown, by Component, 2019 & 2027 (%)

Figure 13.        Europe Solution: Digital Business Support System (BSS) Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 14.        Europe Services: Digital Business Support System (BSS) Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 15.        Europe Professional Services: Digital Business Support System (BSS) Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 16.        Europe License and Maintenance: Digital Business Support System (BSS) Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 17.        Europe Consulting: Digital Business Support System (BSS) Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 18.        Europe Implementation: Digital Business Support System (BSS) Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 19.        Europe Training & Education Service: Digital Business Support System (BSS) Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 20.        Europe Managed Services: Digital Business Support System (BSS) Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 21.        Europe: Digital Business Support System (BSS) Market Revenue Share, By Country (2019 and 2027)

Figure 22.        Germany: Digital Business Support System (BSS) Market – Revenue and Forecast to 2027 (US$ Million)

Figure 23.        France: Digital Business Support System (BSS) Market – Revenue and Forecast to 2027 (US$ Million)

Figure 24.        Italy: Digital Business Support System (BSS) Market – Revenue and Forecast to 2027 (US$ Million)

Figure 25.        UK: Digital Business Support System (BSS) Market – Revenue and Forecast to 2027 (US$ Million)

Figure 26.        Spain: Digital Business Support System (BSS) Market – Revenue and Forecast to 2027 (US$ Million)

Figure 27.        Rest of Europe: Digital Business Support System (BSS) Market – Revenue and Forecast to 2027 (US$ Million)

Figure 28.        Impact of COVID-19 Pandemic in Europe Country Market

 

  1. Accenture
  2. Alepo
  3. Amdocs Limited
  4. BEARINGPOINT
  5. Capgemini SE
  6. Cerillion plc
  7. Comarch SA
  8. Comviva
  9. CSG Systems International, Inc.
  10. FTS – Formula Telecom Solutions Ltd
  11. Huawei Technologies Co., Ltd.
  12. IBM Corporation
  13. Infosys Ltd.
  14. MIND CTI
  15. NetCracker Technology Corporation
  16. Nokia Corporation
  17. Openet
  18. Optiva Inc.
  19. Oracle Corporation
  20. QVANTEL
  21. Sigma Software
  22. STERLITE TECH
  23. Tata Consultancy Services Limited
  24. Telefonaktiebolaget LM Ericsson
  25. ZTE Corporation
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe digital business support system market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe digital business support system market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the digital business support system market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution      

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