Nokia is preparing for a surge in network demand driven by advancements in the metaverse, Web3, and artificial intelligence (AI) expected by 2030.
Their Technology Strategy 2030 report outlines plans to meet this increased demand through investments in network infrastructure and services.
Nokia anticipates a significant 22%–25% increase in network demand from 2022 to 2030, propelled by the rising adoption of generative AI and virtual reality devices. Federico Guillén, president of network infrastructure at Nokia, attributes this growth to the mainstream emergence of these technologies.
Nokia plans to heavily invest in its portfolio of network equipment and services to address this expected surge in demand. They aim to cater to emerging ecosystems, with a focus on the Internet of Value, decentralization, blockchain, and smart contracts.
Additionally, Nokia is preparing to seize opportunities in the metaverse, concentrating on human augmentation, spatial computing, and split processing. The company has already established two labs dedicated to studying the metaverse and conducted various experiments, including projects aimed at enhancing aircraft maintenance through augmented reality.
The Technology Strategy 2030 highlights AI, cloud computing, the metaverse, the Internet of Value, Industry 5.0, and API networks as key trends shaping the future. Nokia envisions a future with a surge in connected devices, widespread metaverse adoption, and significant transformations in supply chains and manufacturing.
Nokia’s strategy emphasizes advanced network infrastructure capable of real-time performance optimization, zero-touch automation, customer experience analytics, advanced security, and privacy features. They aim to create a unified network for all services, converging mobile and fixed broadband, IP routing, and optical networks, thereby transforming global enterprises into smart virtual networks.
Through state-of-the-art technology, Nokia aims to revolutionize communication and connectivity, positioning itself as a leader in the digital transformation landscape.