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Metaverse News

Nokia Believes Smartphones Will Be Overtaken By Metaverse

October 25, 2022 - Around 2 mins mins to read
Nokia, one of the first businesses to produce a consumer-grade mobile phone system, now believes that the metaverse will render phones obsolete.
Nokia Believes Smartphones Will Be Overtaken By Metaverse

The manufacturer of a mobile phone system predicts the end of the current mobile phone trend at the hands of the metaverse. While phones will continue to exist, metaverse experiences will become the major mode of communication in the second part of the decade.

While augmented reality devices have a long way to go, Nokia believes there will be increased audience interest in such gadgets, supporting this metaverse drive. Nishant Batra, Nokia’s chief strategy and technology officer, is optimistic. He stated:

“Our belief is that this device will be overtaken by a metaverse experience in the second half of the decade.”

Nokia Believes Smartphones Will Be Overtaken By Metaverse

According to Batra’s remarks, various elements must align for this metaverse-based future to come to fruition.

In the consumer space, Nokia believes that the growth of this digital-based universe will be determined by several variables, including the efforts of firms such as Meta to make the metaverse a trend.

Furthermore, as the CEO indicated, customers are more concerned with pricing and form than institutions. He elaborated:

“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.”

Nokia anticipates that these connections will lead to security flaws, and the corporation is likewise striving to safeguard users in the metaverse.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News

Meta

Nishant Batra

Nokia

Smartphones

Author

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.
Metaverse News

Nokia Believes Smartphones Will Be Overtaken By Metaverse

Nokia, one of the first businesses to produce a consumer-grade mobile phone system, now believes that the metaverse will render phones obsolete.
Nokia Believes Smartphones Will Be Overtaken By Metaverse

The manufacturer of a mobile phone system predicts the end of the current mobile phone trend at the hands of the metaverse. While phones will continue to exist, metaverse experiences will become the major mode of communication in the second part of the decade.

While augmented reality devices have a long way to go, Nokia believes there will be increased audience interest in such gadgets, supporting this metaverse drive. Nishant Batra, Nokia’s chief strategy and technology officer, is optimistic. He stated:

“Our belief is that this device will be overtaken by a metaverse experience in the second half of the decade.”

Nokia Believes Smartphones Will Be Overtaken By Metaverse

According to Batra’s remarks, various elements must align for this metaverse-based future to come to fruition.

In the consumer space, Nokia believes that the growth of this digital-based universe will be determined by several variables, including the efforts of firms such as Meta to make the metaverse a trend.

Furthermore, as the CEO indicated, customers are more concerned with pricing and form than institutions. He elaborated:

“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.”

Nokia anticipates that these connections will lead to security flaws, and the corporation is likewise striving to safeguard users in the metaverse.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News