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Commercial Broadband Network Gateway (BNG) Market Share Driven by 5G Expansion and Cloud-Native Architectures | Valuates Reports
Commercial Broadband Network Gateway (BNG) Market SizeThe global market for Commercial Broadband Network Gateway (BNG) was valued at US$ 1029 million in the year 2024 and is projected to reach a revised size of US$ 2924 million by 2031, growing at a CAGR of 16.3% during the forecast period.
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The global Commercial Broadband Network Gateway (BNG) market is experiencing significant growth, driven by the increasing demand for high-speed internet services and the expansion of 5G networks. BNGs play a crucial role in managing broadband traffic, ensuring efficient data flow, and providing secure access to end-users. The proliferation of connected devices, coupled with the rise in data consumption, has necessitated the deployment of advanced BNG solutions to meet the evolving needs of service providers and consumers.
Among the various types of BNGs, traditional BNGs currently hold the largest market share. These hardware-based solutions offer robust performance and reliability, making them suitable for established network infrastructures. However, the virtual BNG (vBNG) segment is witnessing rapid growth, driven by the shift towards cloud-native architectures and the need for scalable, flexible solutions. vBNGs enable service providers to offer enhanced services while reducing operational costs, thereby accelerating their adoption across various regions.
In terms of application, office buildings and shopping malls are the primary sectors driving the demand for BNG solutions. These commercial establishments require high-capacity networks to support the connectivity needs of tenants and customers. Airports and railway stations are also significant contributors, as they necessitate seamless internet access for passengers and staff. Other applications include educational institutions, healthcare facilities, and hospitality sectors, all of which require reliable and high-speed internet connectivity to support their operations.
Leading companies in the Commercial BNG market include Cisco Systems, Juniper Networks, Nokia, Huawei Technologies, Casa Systems, Benu Networks, netElastic, Waystream AB, Sanctum Networks, and RtBrick. These companies are focusing on product innovation, strategic partnerships, and expanding their global presence to strengthen their market position. Their efforts are directed towards developing advanced BNG solutions that offer enhanced performance, scalability, and security to meet the growing demands of service providers and end-users.
Regionally, North America and Europe are mature markets with high BNG penetration, driven by early technology adoption and the presence of major telecom operators. The Asia-Pacific region is experiencing rapid growth, fueled by substantial investments in broadband infrastructure and the increasing demand for high-speed internet services. Latin America and the Middle East & Africa regions are also witnessing growth, albeit at a slower pace, due to ongoing infrastructure development and the need for improved connectivity solutions. The market outlook remains positive, with continuous advancements in BNG technology and increasing applications across various sectors expected to sustain growth in the coming years.
Segment by Type
• Traditional BNG
• vBNG
Segment by Application
• Office Building
• Shopping Mall
• Airport & Railway Station
• Others
By Company
Cisco Systems, Juniper Networks, Nokia, Huawei Technologies, Casa Systems, Benu Networks, netElastic, Waystream AB, Sanctum Networks, RtBrick
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