Metaverse Will Replace Smartphones By 2030, Says Nokia

Nokia believes that by 2030, smartphones will be replaced by the metaverse as the primary form of communication between people. The company says that as metaverse platforms add more use cases, there will be increased demand which will lead to more affordable AR and VR devices flooding the market.

Metaverse Will Replace Smartphones By 2030, Says Nokia

Nokia, one of the first manufacturers to ever build a mobile device, predicts that smartphones will fall prey to the metaverse. The company says Metaverse will be the primary form of communication used by most of the world’s population by 2030. Nokia believes that there will be a rise in consumer demand for augmented reality (AR) and virtual reality (VR) devices, which will be a big push for the metaverse industry.

 

“Our belief is that this device (smartphones) will be overtaken by a metaverse experience in the second half of the decade,” said Nishant Batra, the Chief Strategy and Technology Officer at Nokia holding his mobile.

 

The Finnish company known for developing the first fully-automatic cellular phone system, and once the largest mobile phone manufacturer in the world, has now turned into a full blown technology company. The firm builds high-tech cybersecurity systems and networks that power electricity grids in various countries.

 

According to Nokia, interest in virtual reality spaces will be reliant on how it appeals to consumers. The company says metaverse platforms will have to provide multiple uses, like gaming, social interactions and virtual travel, to generate more revenue. Nokia believes that the industry will evolve further based on availability of affordable devices and how much value virtual experiences create.

 

“Widespread adoption of the technology from both corporations and consumers will be critical for it to really take off, and this will also depend on the availability of affordable, ergonomic wirelessly connected VR and AR devices,” said Batra.

 

Nokia says the world will be a much different place by the time 2030 rolls in. The company envisions a 6G world with advanced technologies like computer vision, bio sensors, digital twins and immersive AR and VR.

 

With technological advances comes the security risks, which Nokia is preparing for. In May, the tech firm opened a cybersecurity lab in Texas that is working on building 5G technologies to secure the metaverse.

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