Nokia expects that the future development of the metaverse, Web3, and AI will lead to a surge in network demand

Nokia expects that the development of the metaverse, Web3, and artificial intelligence in the future will lead to a surge in network demand, and plans to bridge this gap by 2030.

Their "2030 Technology Strategy Report" focuses on building future network architecture to serve emerging innovative markets. Network demand is expected to grow by 22% to 25%. Nokia will focus its investments on network equipment and services.

Nokia also focuses on value internet ecosystems, including decentralization, blockchain, and smart contracts. They plan to focus on human augmentation, spatial computing, and distributed processing in the metaverse field.

In addition, Nokia is using metaverse technology in South Australia to assist aircraft technicians and has conducted digital twin experiments in Finland.