Nokia recently presented its Technology Strategy 2030, which identifies trends and emerging technologies that will shape technology, networks, and the world for the next seven years.
According to its new Global Network Traffic 2030 report, network traffic is growing and will rise dramatically over this decade. Driving this growth are recent trends such as artificial intelligence (AI), machine learning (ML), extended reality (XR), digital twins, automation, and billions of devices. To capitalise on the exponential potential of these technologies to solve tomorrow’s greatest challenges, networks will need to adapt and transform. Delivering lasting, accessible, sustainable innovation hinges on reliable, secure, cognitive networks.
Nishant Batra, Chief Strategy and Technology Officer at Nokia, said: “Nokia’s Technology Strategy 2030 is a direct response to the proliferation of cutting-edge technologies over the last decade. One thing is for certain: Radical changes are needed now to evolve networks to meet the challenges of tomorrow and beyond. Enterprises across industry face three trends bearing down on them: AI, cloud, and the constant evolution of connectivity. Our Technology Strategy 2030 lays out a future network architecture for our customers and the industry. It brings to life opportunities for innovation, sustainability, productivity, and collaboration, which can only be enabled by the exponential power of networks.”
Trends and Emerging Technologies That Will Have a Tremendous Impact
Nokia’s Technology Strategy 2030 identifies the trends and emerging technologies that will impact the networks of service providers, enterprises, and industries over this decade, and how Nokia will help networks evolve. The key trends influencing Nokia’s Technology Strategy 2030 are AI, cloud continuum, metaverse, API economy, Industry 5.0, Internet of value, sustainability, and security. These trends will all rely on ultra-responsive and secure networks at their core.
In the Global Network Traffic 2030 report, Nokia projects that end-user data traffic demand will increase at a compounded annual growth rate (CAGR) of 22% to 25% from 2022 through 2030. Global network traffic demand is expected to reach between 2,443 to 3,109 exabytes (EB) per month in 2030.
If there is a higher adoption rate of cloud gaming and XR in the second half of this decade, Nokia projects a CAGR that reaches as high as 32%. For networks to support the increasing demands of the future, they will need to be more cognitive and automated utilising AI and ML, as well as address the transformative needs and operating models of organisations and consumers. Technology breakthroughs like XR and digital twins, combined with Web3 and other much-lauded emerging innovations, will transform businesses, society, and the world.
Increasing Traffic as Technology Advances
Jerry Caron, Global Head of Research & Analysis at GlobalData Technology, said: “By 2030 the pace of technological advancements we are currently seeing will significantly increase traffic on networks. Nokia’s Technology Strategy 2030, with its emphasis on effective use of AI, cloud, connectivity, and API economy, is the type of framework that service providers and enterprises will need to embrace. The service provider industry will need to transform itself from the traditional, vertically integrated structure to a more horizontal, API-driven future that is sustainable, simpler, more scalable, automated, and offering much more flexible service delivery. Nokia, and the industry as a whole, must show that they understand the problems and potential, with a revitalized approach as indicated by the long-term Nokia Technology Strategy 2030.”
Archive
- October 2024(44)
- September 2024(94)
- August 2024(100)
- July 2024(99)
- June 2024(126)
- May 2024(155)
- April 2024(123)
- March 2024(112)
- February 2024(109)
- January 2024(95)
- December 2023(56)
- November 2023(86)
- October 2023(97)
- September 2023(89)
- August 2023(101)
- July 2023(104)
- June 2023(113)
- May 2023(103)
- April 2023(93)
- March 2023(129)
- February 2023(77)
- January 2023(91)
- December 2022(90)
- November 2022(125)
- October 2022(117)
- September 2022(137)
- August 2022(119)
- July 2022(99)
- June 2022(128)
- May 2022(112)
- April 2022(108)
- March 2022(121)
- February 2022(93)
- January 2022(110)
- December 2021(92)
- November 2021(107)
- October 2021(101)
- September 2021(81)
- August 2021(74)
- July 2021(78)
- June 2021(92)
- May 2021(67)
- April 2021(79)
- March 2021(79)
- February 2021(58)
- January 2021(55)
- December 2020(56)
- November 2020(59)
- October 2020(78)
- September 2020(72)
- August 2020(64)
- July 2020(71)
- June 2020(74)
- May 2020(50)
- April 2020(71)
- March 2020(71)
- February 2020(58)
- January 2020(62)
- December 2019(57)
- November 2019(64)
- October 2019(25)
- September 2019(24)
- August 2019(14)
- July 2019(23)
- June 2019(54)
- May 2019(82)
- April 2019(76)
- March 2019(71)
- February 2019(67)
- January 2019(75)
- December 2018(44)
- November 2018(47)
- October 2018(74)
- September 2018(54)
- August 2018(61)
- July 2018(72)
- June 2018(62)
- May 2018(62)
- April 2018(73)
- March 2018(76)
- February 2018(8)
- January 2018(7)
- December 2017(6)
- November 2017(8)
- October 2017(3)
- September 2017(4)
- August 2017(4)
- July 2017(2)
- June 2017(5)
- May 2017(6)
- April 2017(11)
- March 2017(8)
- February 2017(16)
- January 2017(10)
- December 2016(12)
- November 2016(20)
- October 2016(7)
- September 2016(102)
- August 2016(168)
- July 2016(141)
- June 2016(149)
- May 2016(117)
- April 2016(59)
- March 2016(85)
- February 2016(153)
- December 2015(150)