Nokia is preparing for a surge in network demand anticipated by the rise of the metaverse, Web3, and artificial intelligence (AI) by 2030.
Outlined in the company’s Technology Strategy 2030 report, Nokia aims to address this heightened demand through substantial investments in network infrastructure and services.
Anticipating a significant 22%–25% increase in network demand from 2022 to 2030, driven by the mainstream adoption of generative AI and virtual reality devices, Nokia’s President of Network Infrastructure, Federico Guillén, attributes this growth to the widespread adoption of these technologies.
Nokia’s Strategic Focus on Network Technologies for the Metaverse and Beyond
With the lines between digital and physical worlds blurring, organizations and service providers are expected to increasingly adopt technologies that significantly augment network traffic requirements.
To meet this projected surge in demand, Nokia plans to heavily invest in its portfolio of network equipment and services in the coming years.
The company aims to cater to various emerging ecosystems, particularly focusing on the Internet of Value, decentralization, blockchain, and smart contracts.
Furthermore, Nokia is positioning itself to capitalize on opportunities in the metaverse, emphasizing human augmentation, spatial computing, and split processing.
Aligned with its strategic objectives, Nokia has already established two labs dedicated to studying the metaverse and its underlying technologies.
Additionally, the company has conducted numerous experiments involving industrial and wide-scale metaverse initiatives, such as projects aimed at enhancing aircraft maintenance through augmented reality.
One notable initiative involved utilizing a 5G-connected Microsoft HoloLens to provide remote instructions for servicing Cessna aircraft, showcasing the potential of augmented reality to assist technicians at remote locations.
Nokia’s Forward-looking Approach to Connectivity and Digital Transformation
Nokia’s initial approach focuses on exploring key emerging trends and identifying suitable network technologies to unlock new possibilities by enhancing synergies between the human, physical, and digital realms.
According to Nokia’s Technology Strategy 2030, AI, cloud computing, the metaverse, the Internet of Value, Industry 5.0, and API networks are pivotal trends shaping the future.
By 2030, the world is expected to witness a surge in new connected devices, driving widespread adoption of the metaverse across consumer, enterprise, and industrial sectors.
Supply chains and manufacturing facilities will undergo extensive transformations, with real-time interactions between enterprises and distributor systems enabling efficient supply planning and estimation.
Moreover, businesses are embracing the emergence of Web3, a decentralized, user-centric Internet infrastructure built on blockchain technology.
Nokia’s Technology Strategy 2030 places a strong emphasis on advanced, dynamic, and intelligent network infrastructure capable of real-time performance optimization, zero-touch automation, customer experience analytics, advanced security, privacy features, and more.
Through state-of-the-art technology, Nokia aims to revolutionize communication and connectivity, positioning itself at the forefront of the digital transformation.