Targeting enterprise, data centre, and hyperscaler markets, Nokia plans new FWA products in India and aims to double its non-service provider business within three years.
Finnish telecom equipment maker Nokia is planning to expand beyond its traditional service provider business, targeting enterprise, data centre, and hyperscaler segments to fuel future growth.
According to The Economic Times, Nokia intends to launch millimetre-wave fixed wireless access (FWA) products in India within the next six months. The company aims to double its enterprise and hyperscaler business over the next three years.
Prashant Malkani, Nokia’s Country Head for Network Infrastructure, APAC, said the company is finalising partnerships across banking, utilities, and defence sectors. Several deals are reportedly in the closing stages and expected to be sealed by year-end. Despite this diversification, service providers will remain Nokia’s primary focus.
India’s enterprise networking market was valued at $16 billion in 2024 and is expected to reach $22 billion by 2030. The private 5G segment is projected to grow from $3.86 billion in 2025 to $17.5 billion by 2030. Data centre demand is also rising, with capacity increasing from 350MW in 2019 to 1263MW in 2025 and projected to surpass 3.5GW by 2030, backed by $25–30 billion in planned investments.
According to Vinish Bawa, Partner and Telecom Sector Leader at PwC India, hyperscalers, global and Indian data centre operators, telcos, and tech firms are driving this growth.
To capitalise on these opportunities, Nokia is focusing on three strategic priorities: security, including quantum-safe networks; scalability and reliability of enterprise systems; and low-latency connectivity for data centres and private 5G networks.
The company is leveraging its global R&D facility in Bengaluru and manufacturing partnerships in Noida to support these initiatives.
Bawa described Nokia’s three-year goal to double its enterprise and hyperscaler business as ambitious but achievable. He noted that early hyperscaler partnerships, verticalised solutions, and local integration capabilities are key to success, while execution speed and ecosystem alignment remain the main challenges.
As India’s digital infrastructure and enterprise demand grow, Nokia’s strategic shift signals a measured effort to expand into new markets while continuing to focus on its core telecom business.
