Nokia, the Finnish network-equipment maker, has announced its technology strategy for the year 2030. As the demand for artificial intelligence, machine learning, extended reality, digital-twin technology, automation, and device use continues to grow, Nokia believes that network traffic will experience a significant surge in the coming years.
In order to maximize the potential of these new technologies, Nokia emphasizes the need for network adaptation. According to their projections, end-user data traffic demand is expected to increase by a compounded annual growth rate of 22% to 25% from 2022 through 2030. However, this figure could reach up to 32% if there is a higher adoption of cloud gaming and extended reality in the second half of the decade.
Acknowledging the evolving landscape, Nokia highlights the importance of cognitive and automated networks that utilize artificial intelligence and machine learning. By integrating such capabilities, networks can effectively meet the escalating demands of the future.
Nokia's forecast for mobile subscriptions also reveals noteworthy insights. In their moderate scenario, mobile subscriptions are anticipated to grow from 8.5 billion to approximately 10.3 billion by 2030. Additionally, they predict that 5G subscriptions will reach 5.6 billion, accounting for around 50% of total mobile subscriptions. By 2030, it is expected that around 92% of total mobile subscriptions will be on 4G or 5G technology.
In conclusion, Nokia's technology strategy for 2030 underscores the need for network adaptation to accommodate the rapid growth in emerging technologies. By embracing cognitive and automated networks empowered by artificial intelligence and machine learning, Nokia aims to ensure that networks can effectively handle the demands of the future.
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