Broadband Network Gateway Market Regional Analysis:
APAC Market Insights
Broadband network gateway (BNG) market in Asia Pacific is expected to hold the largest share of 38% during the foreseen period. Investments in infrastructure are always a top priority for the nation. There is room for infrastructure investment in the rapidly expanding telecommunications sector. The governments of nations including South Korea, China, Japan, and India are making significant investments to upgrade their telecommunications infrastructure, which is propelling the market's expansion. Investments in infrastructure are always a top priority for various nations. There is room for infrastructure investment in the rapidly expanding telecommunications sector. The governments of nations including South Korea, China, Japan, and India are making significant investments to upgrade their telecommunications infrastructure, which is propelling the market's expansion.
European Market Insights
European broadband network gateway (BNG) market is poised to hold a share of 26% by the end of 2035. The Internet is widely used in Europe, where a sizable percentage of the populace has access to broadband services. As per a report, 87% of homes in Europe have access to the same speeds in 2020. Additionally, the region is going through a digital transition in several industries, such as entertainment, healthcare, banking, and education. The need for BNGs in the region is fueled by the need for a strong and dependable internet infrastructure to support this change. To close the digital divide and guarantee that everyone has access to high-speed internet, governments around Europe are aggressively pushing for the development of broadband infrastructure. Furthermore, Europe's need for improved BNGs is being driven by the rollout of next-generation technologies including fibre optic networks and 5G.
