The company is focused on tapping into the growth trajectory by capitalizing the emerging demand trends and strengthen its position in the private wireless market. Nokia estimates that the market size for Core network solutions in the enterprise FAN/WAN private wireless communications sector is likely to grow 50% to Euro 1.5 billion by 2027. Nokia aims to mitigate risks and expedite the deployment of wide-area private networks that fulfill dynamic requirements of mission-critical operations. It features unified 4G and 5G data, voice and subscriber device management capabilities, greater adaptability to various technology and applications including various broadband communication tools for public safety and IoT capabilities tailored for power utilities. The solution enables organizations to leverage secure enterprise-grade capabilities and enhance network infrastructure with increased automation and efficiency. Nokia's newly-introduced network solutions cater to the specific requirements of these organizations, providing them with reliable and widespread wireless connectivity across extensive areas.
Many government and private agencies play a crucial role to maintain the continuous functionality of vital infrastructure related to energy, transportation and public safety.
In today’s digital world, seamless network connectivity is required to ensure the proper functioning of a modern society for sustainable long-term economic development. Nokia Corporation ( NOK Quick Quote NOK - Free Report) recently introduced new 4G and 5G Core Network software solutions to support essential operational requirements in the public safety and power utility domain.
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