Global Digital Business Support System

Global Digital Business Support System :

Digital business support system is a platform or solution that provides monitoring and operational benefits to the business enterprises. Business support system includes taking of orders, payment related queries and revenue management of the customers of the businesses. The system provides marketing insights, business operation insights among various other operation management aids to the enterprises enabling them to make informed business decisions regarding the product launches and market expenses.

Analysis: Global Digital Business Support System

Global Digital Business Support System Market is expected to rise from its initial estimated value of USD 2.74 billion in 2018 to an estimated value of USD 8.82 billion by 2026, registering a CAGR of 15.75% in the forecast period of 2019-2026.
This rise in market value can be attributed to the rising demand of mobile phones and increasing unique mobile subscribers worldwide.
Market Drivers:
  • Introduction and deployment of customized solutions for business is expected to drive the market growth
  • Reduction in cost of business operations and reduction of usage of resources is also expected to drive the market growth
Market Restraints:
  • Time-taking process and high cost for implementing the system is also expected to restrain the market growth
  • Rising complications in business process and with the integration of traditional and modern business support system is expected to restrain the market growth

Segmentation: 

  • By Component
    • Solutions
      • Revenue & Billing Management
      • Customer Management
      • Order Management
      • Product Management
      • Others
    • Services
      • Consulting
      • Implementation
      • License & Maintenance
      • Training & Education
      • Managed Services

Competitive Analysis: Digital Business Support System

Global digital business support system market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of digital business support system market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors/Players: 

Telefonaktiebolaget LM Ericsson, CSG International, Netcracker Inc., Amdocs, Huawei Technologies Co. Ltd., Capgemini, Nokia, ZTE Corporation, Infosys Limited, Tata Consultancy Services Limited, Accenture, IBM Corporation, Oracle, Optiva Inc., Sigma Systems Canada LP., sterlitetech.com, Cerillion, Openet, Comarch SA, Qvantel, BearingPoint, MIND, Mahindra ComViva, and MATRIXX Software.
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Email : sopan.gedam@ databridgemarketresearch.com

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