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Broadband Network Gateway (BNG) Market Trends

Report ID: GMI8381
Published Date: Mar 2024
Report Format: PDF

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Broadband Network Gateway Market Trends

A prominent development in the Broadband Network Gateway (BNG) sphere involves the emergence of edge computing capabilities within gateway devices. This trend reflects the demand for enhanced processing power at the network edge, enabling efficient data processing, low-latency applications, and improved user experiences. For instance, in May 2023, BEC launched a new 5G Business Gateway designed to empower businesses during the 5G era by incorporating cutting-edge 5G technologies. This gateway integrates seamlessly with BECentral CloudEdge, a cloud-based service platform that facilitates faster deployment of 5G Wireless WAN solutions. By integrating cutting-edge 5G technologies and seamless compatibility with cloud-based platforms, such as BECentral CloudEdge, the broadband gateway empowers businesses to leverage advanced wireless connectivity for improved efficiency and performance.

Another notable development in the Broadband Network Gateway (BNG) realm is the increasing emphasis on network virtualization and software-defined architectures. This trend reflects a shift toward agile and flexible network infrastructures, enabling providers to dynamically allocate resources, optimize traffic management, and enhance scalability. By embracing virtualized gateway solutions, providers can streamline operations, reduce hardware dependencies, and adapt more efficiently to evolving customer demands and technological advancements.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

Broadband network gateway (BNG) market size was valued at USD 1.1 billion in 2023 and is estimated to register over 11.5% CAGR between 2024 and 2032, driven by the proliferation of internet-connected devices, remote work, and streaming media consumption.

The residential segment recorded around 69% of the overall broadband network gateway market share in 2023, owing to the increasing integration of smart home devices.

North America held over 36% of the broadband network gateway market share in 2023, attributed to the growing preference for high-speed and reliable internet access.

AT&T, Broadcom Inc., Casa Systems, Charter Communications, Inc., Cisco Systems, Huawei Technologies, Juniper Networks, Inc., Nokia Corporation, Telefonaktiebolaget LM Ericsson and Verizon Communications Inc.