Nokia 2030 Vision

Nokia 2023 Vision

In this episode of The 5G Factor, our series analysts Ron Westfall and Todd R. Weiss of The Futurum Group share their insights about Nokia’s new Global Traffic 2030 report and its Technology Strategy 2030 vision for the future of 5G.

Nokia 2030 Vision

Nokia recently issued its detailed new Global Network Traffic 2030 report, which presents intriguing projections on how network traffic will grow four-fold to nine-fold over today’s numbers in the years leading up to 2030. Nokia also issued its Technology Strategy 2030 document as well, which looks at how emerging technologies will shape networks and society over the next seven years. As we discuss these reports in our latest The 5G Factor episode, we will explore the latest trends driving global traffic growth including AI, extended reality, digital twins, automation, the growing billions of devices being used, the metaverse, and much more. We will also talk about the reports, their data, and what it will all mean for Nokia’s business, total addressable market numbers, and revenue prospects.

Watch The 5G Factor show here: 5G Factor: Snapshot of 5G and IoT Progress

Disclosure: The Futurum Group is a research and advisory firm that engages or has engaged in research, analysis, and advisory services with many technology companies, including those mentioned in this article. The author does not hold any equity positions with any company mentioned in this article.

Analysis and opinions expressed herein are specific to the analyst individually and data and other information that might have been provided for validation, not those of The Futurum Group as a whole.

Other insights from The Futurum Group:

Nokia Fiscal Q3 2023: Adjusting to Macro Uncertainties

5G Factor Video Research Note: Nokia Unveils Airscale Baseband Capabilities That Bring AI to Mobile Networks

MWC23 LV: Nokia Debuts Network as Code To Spur App Innovation

Author Information

Ron is an experienced, customer-focused research expert and analyst, with over 20 years of experience in the digital and IT transformation markets, working with businesses to drive consistent revenue and sales growth.

He is a recognized authority at tracking the evolution of and identifying the key disruptive trends within the service enablement ecosystem, including a wide range of topics across software and services, infrastructure, 5G communications, Internet of Things (IoT), Artificial Intelligence (AI), analytics, security, cloud computing, revenue management, and regulatory issues.

Prior to his work with The Futurum Group, Ron worked with GlobalData Technology creating syndicated and custom research across a wide variety of technical fields. His work with Current Analysis focused on the broadband and service provider infrastructure markets.

Ron holds a Master of Arts in Public Policy from University of Nevada — Las Vegas and a Bachelor of Arts in political science/government from William and Mary.


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