Nokia expects future developments in the Metaverse, Web3 and AI to lead to a surge in network demand
Nokia expects the development of the metaverse, Web3, and artificial intelligence in the future to lead to a surge in network demand and plans to fill this gap by 2030. Their "2030 Technology Strategy Report" focuses on building the future network architecture to serve emerging innovative markets. Network demand is expected to grow by 22% to 25%. Nokia will focus on investing in network equipment and services. Nokia is also focused on the value internet ecosystem, including decentralization, blockchain, and smart contracts. They plan to focus on human enhancement, spatial computing, and distributed processing in the metaverse field. In addition, Nokia is using metaverse technology to assist aircraft technicians in South Australia and conducting digital twin experiments in Finland.
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