Broadband Network Gateway (BNG) Market Trends

Growth Drivers

• A surge in the Disaggregation of Networks - The broadband network gateway (BNG) market is currently undergoing tremendous change. One of the biggest developments in the industry is related to network disaggregation, which makes it possible to compare hardware and software from several suppliers in order to obtain the best outcomes. Converged fixed and mobile broadband infrastructure is increasingly being developed through the disaggregation of broadband network gateways, which is quickly becoming the preferred approach. Disaggregation is the process of dividing the software from the hardware at one level and the control and user plane at another. This allows operators to select the vendors of their choice for each component, which in turn propels the expansion of the broadband network gateway market.
• Growing Adoption of Wireless Systems - The wireless system industry has grown and developed impressively over the last few years. For instance, there were 9.36 billion wireless connections worldwide as of January 2021. Numerous hardware products have wireless technology built in to easily connect to the network and provide customized experiences. Because of the exponential growth in individualized data, businesses are swiftly using automation and virtualization approaches to provide the greatest and most economical experiences based on wireless connections and ecosystems. Consequently, there has been a notable and consistent increase in the number of users connecting to wireless broadband network systems, and new applications utilizing wireless technology have presented prospects for market expansion. Also, as per a report, global wireless broadband subscriptions hit 6.044 billion in 2020.
• Increasing Product Launches and Innovations – The growing advancements in broadband network gateway are one of the major factors driving the growth of the broadband network gateway (BNG) market. For instance, Open BNG is an initiative under the Disaggregated Open Routers (DOR) sub-group of the Open Optical & Packet Transport (OOPT) Project Group. The IP is a global initiative that aims to accelerate the development and deployment of standards-based, open, and disaggregated connectivity technology. In 2021, Telefónica, Deutsche Telekom, BT, and Vodafone together developed the OpenBNG Technical Requirements document for large-scale fiber-to-the-home (FTTH) networks. TIP announced the document's initial publication.

Challenges

• Complexity of the Networks may Hinder the Market Growth - A wireless broadband network system consists of multiple hardware and software layers that are integrated according to precise requirements to provide a well-organized network interface and connectivity. The complex hardware required to connect these devices to access networks puts up a barrier to entry for those in the market with little to no background in network communication, which may further limit the size of the broadband network gateway (BNG) market.
• High Costs Required for Infrastructure Upgradation
• Securing Network Data May Hinder the Growth of the market