Global Cloud OSS/BSS market to reach $59B by 2032, driven by 5G and AI automation growth

The global Cloud OSS/BSS market is forecasted to grow from $43.35 billion in 2025 to $59.02 billion by 2032, at a CAGR of 4.2%. Growth is fueled by rapid 5G expansion, AI-powered automation, and the adoption of cloud-native platforms that enable faster billing and service orchestration. Hybrid cloud solutions are expected to grow fastest, offering flexibility and data control, while mobile operators will dominate the market due to increasing demand for real-time service delivery. North America leads growth with major telecom operators investing heavily in cloud OSS/BSS modernization to support dynamic digital services and improve operational efficiency.