Virtual Broadband Network Gateway (VBNG) Market Will Generate Record Revenue by 2029
The global virtual broadband network gateway (VBNG) market is expected to grow at a significant CAGR during the forecast period. The rapid adoption of smartphones, tablets, and other mobile devices is the major driver for the global broadband network gateway market. Broadband network gateway (BNG) manages subscribers which includes session and circuit aggregation. It provides IP services to subscribers and performs authentication, authorization, accounting (AAA). The broadband network gateway acts as a router as well as effectively communicates with the authentication, authorization and accounting (AAA) server and consequently performs session management and billing functions. Moreover, the service provider can provide more customized broadband packages for its subscribers as the broadband network gateway identifies the different needs of each customer. These factors are expected to boost the growth of the global virtual broadband network gateway (VBNG) market during the forest period.
A broadband network gateway (BNG)
is the access point for individuals (subscribers) to connect to the broadband
network. The BNG aggregates traffic from many subscribers and routes it to the
network of the service provider. Once connected, a subscriber can access the
broadband services delivered by their provider. BNGs also enable service
providers to authenticate and authorize users to establish and manage
subscriber sessions and ensure users receive the appropriate services.
The key players in the global
virtual broadband network gateway market focus on technological innovation and
provide high-quality services. For instance, in October 2021, Cisco Inc. had
introduced smart broadband network gateway software licensing, which provides a
simplified option for customers to purchase licenses and to manage them across
their network. This provides a customized model that aligns with the network
growth of the customer. It also provides the flexibility to quickly modify or
upgrade software feature configurations to deploy new services over time.
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Broadband Network Gateway (VBNG) Market: https://www.omrglobal.com/request-sample/virtual-broadband-network-gateway-vbng-market
·
The market number available for – 2022-2030
·
Base year- 2022
·
Forecast period- 2023-2030
Segment
Covered
·
By Product Type
·
By Application
Competitive
Landscape: Ericsson (Telefonaktiebolaget LM Ericsson), Cisco Inc.,
Alcatel-Lucent S.A., (Nokia), Waystream AB, and Juniper Networks, Inc., among
others.
Virtual Broadband Network Gateway
(VBNG) Market by Segment
By Product Type
•
20 Gbps
•
40 Gbps
•
80 Gbps
•
120 Gbps
By Application
•
Household
•
Commercial
A full Report of Virtual Broadband Network Gateway (VBNG)
Market is Available @ https://www.omrglobal.com/industry-reports/virtual-broadband-network-gateway-vbng-market
Virtual
Broadband Network Gateway (VBNG) Market by Region
North America
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest
of Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
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