Nokia's expenditure on research and development 1999-2019

In 2019, Nokia spent 4.41 billion euros on research and development (R&D), which is a small decrease from the year before. The company’s R&D expenditures have recovered after dropping to below two billion U.S. dollars in 2014, a result from the company selling its devices segment to Microsoft and restructuring to focus on network infrastructure. In 2018 Nokia’s research and development as share of net sales was almost 20.5 percent.

Investing in mobile infrastructure

Much of Nokia’s spending on research and development goes into 5G technology and network infrastructure. Its competitors in the telecommunication equipment and infrastructure market include Ericsson, Huawei, and ZTE. As of early 2019, the United States and China are embroiled in a tense trade war, with the United States curbing equipment from telecoms manufacturer Huawei. Because of this, Nokia quickly became a more suitable candidate for implementing a 5G network in the United States and Europe, which brought up the company’s overall market value. Although 5G is only getting rolled out to the market now, Nokia is already involved in preliminary research on the next mobile generation standard of 6G technology. In June 2019 Nokia signed a memorandum of understanding with Ericsson, Samsung, and SK Telecom to conduct joint 6G R&D projects in the future.

Nokia's expenditure on research and development from 1999 to 2019

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

$39 $59 per month *
in the first 12 months
33% Discount until September 30th
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$468 / Year
$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

February 2020

Region

Worldwide

Survey time period

1999 to 2019

Supplementary notes

* In 2013 Nokia sold its devices & services business to Microsoft for 5.44 billion euros. Therfore the comparability of figures from 2013 onward with figures from years prior to 2013 is limited (Figure for 2012 without devices & services business - 2.42 billion euros).

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Single Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "Nokia"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.