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Nokia is preparing for a significant increase in network demand anticipated from advancements in the metaverse, Web3, and artificial intelligence (AI) by 2030.
The company’s Technology Strategy 2030 report details its plans to meet this rising demand through investments in network infrastructure and services.
Nokia forecasts a considerable 22%–25% growth in network demand from 2022 to 2030, driven by the increasing adoption of generative AI and virtual reality devices. Federico Guillén, president of network infrastructure at Nokia, links this growth to the mainstream adoption of these technologies.
Nokia’s Strategic Investment in Network Technologies for the Metaverse and Beyond
As the lines between the digital and physical realms continue to blur, organizations and service providers will increasingly embrace technologies that significantly enhance network traffic requirements.
To prepare for this expected surge in demand, Nokia intends to make substantial investments in its range of network equipment and services in the coming years.
The company aims to support various emerging ecosystems, particularly focusing on the Internet of Value, decentralization, blockchain, and smart contracts.
Moreover, Nokia is poised to seize opportunities in the metaverse, concentrating on human augmentation, spatial computing, and split processing.
In alignment with its strategic goals, Nokia has already set up two labs dedicated to researching the metaverse and its foundational technologies.
Additionally, the company has carried out numerous experiments related to industrial and large-scale metaverse initiatives, including projects designed to improve aircraft maintenance through augmented reality.
One notable project utilized a 5G-connected Microsoft HoloLens to deliver remote guidance for servicing Cessna aircraft. This innovative method showcased the potential of augmented reality to assist technicians at remote airports.
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Nokia’s initial strategy emphasizes exploring key emerging trends and identifying an appropriate set of network technologies to alleviate complexities and unlock new opportunities by enhancing synergies among the human, physical, and digital realms.
The Technology Strategy 2030 identifies AI, cloud computing, the metaverse, the Internet of Value, Industry 5.0, and API networks as pivotal trends shaping the future.
Nokia anticipates that by 2030, there will be a surge in new connected devices, facilitating widespread adoption of the metaverse across consumer, enterprise, and industrial sectors.
Supply chains and manufacturing facilities are expected to undergo significant transformations, with real-time interactions between enterprises and distributor systems enabling efficient supply planning and forecasting. The metaverse is set to revolutionize manufacturing processes, encompassing design, testing, real-time monitoring, and remote maintenance.
Businesses are also witnessing the rise of Web3, a decentralized, user-focused Internet infrastructure built on blockchain technology. Nokia highlighted in its report that cloud computing and advanced AI have become essential components of organizations’ digital transformation efforts.
However, the implementation of multi-cloud architecture and the adoption of AI-embedded devices for developing innovative business models are projected to gain further traction in the coming years.
Nokia’s Technology Strategy 2030 strongly emphasizes advanced, dynamic, and intelligent network infrastructure capable of real-time performance optimization, zero-touch automation, customer experience analytics, enhanced security, privacy features, and more.
The network architecture will integrate a digital twin system with various APIs, providing service providers and enterprises with valuable situational awareness and streamlined management of interconnected infrastructures.
By facilitating the transition of global enterprises into smart virtual networks, Nokia aims to establish a unified network for all services, merging mobile and fixed broadband, IP routing, and optical networks with the software and services necessary for their management.
By harnessing cutting-edge technology, Nokia will transform the way individuals and devices communicate and connect with one another, positioning itself at the forefront of digital transformation.
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