Broadband Network Gateway (BNG) Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Broadband Network Gateway (BNG) is the access point through which subscribers can connect to the broadband network. When connection is established between customer premise equipment and Broadband Network Gateway (BNG) the subscriber is able to access the broadband services that are provided by internet service provider (ISP).

MARKET SCOPE

The "Global Broadband Network Gateway (BNG) software market Analysis to 2031" is a specialized and in-depth study of the Broadband Network Gateway (BNG) software market with a special focus on the global market trend analysis. The report aims to provide an overview of the Broadband Network Gateway (BNG) software market with detailed market segmentation by component, deployment, technology, and geography. The global Broadband Network Gateway (BNG) software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Broadband Network Gateway (BNG) software market players and offers key trends and opportunities in the Broadband Network Gateway (BNG) software market.

MARKET SEGMENTATION

•  The global Broadband Network Gateway (BNG) software market is segmented on the basis of component, deployment, technology.
  
•  On the basis of component, the market is segmented as hardware, software, services.
  
•  On the basis of application, the market is segmented as on-premise, cloud.
  
•  On the basis of technology, the market is segmented as Bluetooth, wi-fi, Wi-MAX, NFC, Zigbee, others.
  

MARKET DYNAMICS

Drivers:

•   The rapid adoption of smartphones, tablets, and other mobile devices is the major driver for the global broadband network gateway market.
  

Restraints:

•   The complex structure and high cost of operation hampers the broadband network gateway market growth.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Broadband Network Gateway (BNG) software market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Broadband Network Gateway (BNG) software market in these regions.

IMPACT OF COVID-19 ON Broadband Network Gateway (BNG) software MARKET

The rapid spread of the Covid-19 pandemic has triggered a massive financial crisis and created a health crisis across the globe. The ongoing pandemic also had a significant impact on overall international trade and businesses. The outbreak of COVID-19 has slowed down the growth of the Broadband Network Gateway (BNG) software market owing to challenges in maintaining operational continuity, securing network data, and adapting to new traffic patterns. Organizations have actively focused on understanding the function of automation in digital transformation due to the pandemic. Moreover, enterprises also learn to measure the Return on Investment (ROI) as compared to other competing initiatives. These factors are expected to have a significant effect on the market over the coming years.

MARKET PLAYERS

The report covers key developments in the Broadband Network Gateway (BNG) software market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Broadband Network Gateway (BNG) softwaremarket are anticipated to lucrative growth opportunities in the future with the rising demand for the Broadband Network Gateway (BNG) software market in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Broadband Network Gateway (BNG) software market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  Cisco Systems
  
•  Ericsson
  
•  Juniper Networks
  
•  Brocade Communications
  
•  AT&T
  
•  Verizon
  
•  Hughes Communication
  
•  Alcatel-Lucent
  
•  Charter Communication
  
•  Huawei Technologies
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Broadband Network Gateway (BNG) Report Scope