Nokia has a brave strategy with its vision towards the year 2030. The company wants to use metaverse, Web3, and Artificial Intelligence (AI), and in this way, it wishes to lead the innovations in the future. The telecom company expects to witness a soaring network demand as it mentions that the accelerated growth of revolutionary technologies will bring about a spike by the end of this decade.

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• Nokia announces a strategic 2030 vision focusing on leading innovations in the metaverse, Web3, and artificial intelligence (AI).
• The telecom giant plans substantial investments in network infrastructure to support a predicted 22%-25% increase in network demand by 2030.
• Nokia is striving to cover the discrepancy between digital and physical spheres, thus, the company is developing a special AR project and working hard to improve its communication networks. ​

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Nokia Charts Path to Dominate Metaverse, Web3, and AI by 2030

Detailed in its Technology Strategy 2030 report, Nokia outlines a targeted investment in network infrastructure and services to manage the expected 22%-25% increase in network demand from 2022 to 2030. This surge is largely due to the widespread adoption of generative AI and virtual reality technologies. Federico Guillén, Nokia’s president of network infrastructure, recognizes the mainstream arrival of these innovations as the primary catalyst for this upsurge.

Bridging Digital and Physical Worlds

As digital and physical realities increasingly intertwine, the necessity for advanced network traffic solutions becomes evident. Set ready to face rising competition Nokia can strengthen its presence in the market by increasing its network hardware and services range over the next few years. Through the focus on the Internet of Value, decentralization, blockchain technology, and smart contracts the company is narrowing its vision.

Nokia is particularly enthusiastic about the metaverse, investing in human augmentation, spatial computing, and split processing technologies. The establishment of two movement-based labs that are focused on the research of metaverse and the recent large-scale metaverse application are some of the company’s major works. For example, the company used augmented reality for aircraft maintenance. The incredible role of a 5G connected Microsoft HoloLens for remote aircraft servicing instructions, as an example, showed the practical use of augmented reality, where technicians benefit from the observation of the real world with additional computer-generated information even at long distances.

Setting the Course for the Future of Connectivity

Nokia’s way of developing a strategy divides itself into clusters by studying and searching for emerging developments to select suitable network technologies that solve a hard problem and mark a new chance. AI, metaverse, IoV, Industry 5.0, and API networks are major levers mentioned in the Technology Strategy 2030 whitepaper to entirely transform connectivity. In 2030, Nokia imagines a place full of up-and-coming online gadgets and the metaverse that has spread fast all over the markets which targets consumers, enterprises, and industry as well. Through this technology, the scope for reshaping order flows and manufacturing processes will greatly be expanded, hence, bettering design, testing, monitoring, and remote maintenance competencies.

As Web3 emerges as a decentralized internet infrastructure built on blockchain technology, cloud computing, and AI are recognized as pivotal to digital transformation. The development and implementation of multi-cloud architecture and internet-dependent AI devices are likely to bring about exciting innovations in business thinking.

​ Nokia’s long-term approach centers on the deployment of a smart network incorporating an up-to-date software base that is self-learning, and self-healing, with security mechanisms incorporated at every level. This infrastructure has Multi-dimensionality because of the digital twin system that introduces a great value for situation awareness and problem-free administration of the complex network.

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