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Nokia - statistics & facts

Nokia is a Finnish communications and information technology company. Founded in 1865, the company is headquartered in Espoo and employs more than 92,000 people. Over the years, Nokia has ventured into different markets. Nokia emerged as a global leader in the mobile market in the early days of the mobile and smartphone era. The company also played a key role in the development of GSM (Global System for Mobile Communications) in the late 1980s and early 1990s. Nokia was the leading mobile phone vendor in the world up to early 2012. Due to its slow adaptation to newer smartphone technologies, Nokia gradually lost its market-leading position to rivals like Samsung and Apple and its mobile business began to lose money. In 2013, Nokia sold its phone business to Microsoft.

Nokia’s business evolution

After the sale of its mobile devices division, Nokia focused on the data networking services and telecommunications equipment business through its subsidiary Nokia Networks. As of 2020, Nokia's Networks Business is the most revenue-generating business segment of Nokia. The company has also been involved in cloud computing and mapping applications. In 2008, Nokia purchased Here, a company that focuses on mapping data, technologies, and services based on cloud computing. In 2015, Nokia sold Here to Audi, BMW, and Daimler. In 2016, Nokia purchased a majority stake in French telecommunications equipment company Alcatel-Lucent.

Nokia’s competitors

As of 2021, Nokia is one of the leading telecom infrastructure companies. Nokia’s main competitors in this market are Huawei, Cisco, Ericsson, and Qualcomm. Huawei and Ericsson are also Nokia’s main competitors in the service provider network infrastructure market, with the company ranking second with around 16 percent control of the market. On a regional level, markets in North America and Europe are Nokia’s most important. Nokia also competes with these firms across several other key technologies including 5G, edge computing, extended reality (XR), and smart energy.

Key figures

The most important key figures provide you with a compact summary of the topic of "Nokia" and take you straight to the corresponding statistics.

Nokia's business segments

Nokia's standing in the market

Interesting statistics

In the following 5 chapters, you will quickly find the 39 most important statistics relating to "Nokia".

Nokia

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Nokia - statistics & facts

Nokia is a Finnish communications and information technology company. Founded in 1865, the company is headquartered in Espoo and employs more than 92,000 people. Over the years, Nokia has ventured into different markets. Nokia emerged as a global leader in the mobile market in the early days of the mobile and smartphone era. The company also played a key role in the development of GSM (Global System for Mobile Communications) in the late 1980s and early 1990s. Nokia was the leading mobile phone vendor in the world up to early 2012. Due to its slow adaptation to newer smartphone technologies, Nokia gradually lost its market-leading position to rivals like Samsung and Apple and its mobile business began to lose money. In 2013, Nokia sold its phone business to Microsoft.

Nokia’s business evolution

After the sale of its mobile devices division, Nokia focused on the data networking services and telecommunications equipment business through its subsidiary Nokia Networks. As of 2020, Nokia's Networks Business is the most revenue-generating business segment of Nokia. The company has also been involved in cloud computing and mapping applications. In 2008, Nokia purchased Here, a company that focuses on mapping data, technologies, and services based on cloud computing. In 2015, Nokia sold Here to Audi, BMW, and Daimler. In 2016, Nokia purchased a majority stake in French telecommunications equipment company Alcatel-Lucent.

Nokia’s competitors

As of 2021, Nokia is one of the leading telecom infrastructure companies. Nokia’s main competitors in this market are Huawei, Cisco, Ericsson, and Qualcomm. Huawei and Ericsson are also Nokia’s main competitors in the service provider network infrastructure market, with the company ranking second with around 16 percent control of the market. On a regional level, markets in North America and Europe are Nokia’s most important. Nokia also competes with these firms across several other key technologies including 5G, edge computing, extended reality (XR), and smart energy.

Interesting statistics

In the following 5 chapters, you will quickly find the 39 most important statistics relating to "Nokia".

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