Broadband Network Gateway (BNG) Market Analysis

Type (Traditional BNG, vBNG)

Virtual broadband network gateway (BNG) market segment is anticipated to hold the largest share of 56% during the forecast period. More scalability and flexibility in network traffic management are possible with vBNG. The need for faster and more dependable broadband connections is rising as more people rely on the Internet. The popularity of websites that stream videos, like Netflix and YouTube, has also resulted in a major growth in bandwidth needs. As of the third quarter of 2023, Netflix boasted a global subscriber count of approximately 247.2 million. In North America, Netflix's penetration rate was 55% in 2019; it is expected to reach 62% by 2025. Furthermore, there is a growing need for edge computing capabilities and an increase in the utilization of cloud services. Additionally, more adaptable and agile network administration is made possible by the industry's move towards SDN and network virtualization. In line with these developments, the vBNG helps service providers virtualize their network gateways and maximize resource use. Moreover, by doing away with the requirement for physical hardware and cutting operational costs, vBNG provides cost-effectiveness. Therefore, all these factors are propelling the growth of the vBNG segment.

End-users (Residential, Commercial)

The residential segment for broadband network gateway market is anticipated to hold a share of 53% during the projected period. People are depending more and more on high-speed internet connectivity in their homes due to the growth of remote employment, online education, and streaming services. BNGs are required because of the increase in demand from the residential market for faster and more dependable internet connections. Additionally, many items in homes are online, such as tablets, smartphones, smart TVs, and smart home appliances. Additionally, fiber optic networks are being installed in many residential areas and offer extremely fast internet connections. BNGs also provide enhanced network administration functions, such as traffic shaping, QoS controls, and security measures. For home users in particular, these qualities are crucial. Therefore, all these factors are contributing to the growth of the residential segment.

Our in-depth analysis of the global broadband network gateway (BNG) market includes the following segments: