Headquartered in Espoo, Finland, Nokia Corporation (NOK) provides mobile and fixed network solutions worldwide. It operates through four segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. In comparison, Motorola Solutions, Inc. (MSI) in Schaumburg, Ill., provides mission-critical communications and analytics internationally. The company operates through two segments: Products and Systems Integration, and Services.
Since the onset of the COVID-19 pandemic, communication equipment has been in high demand because the need for advanced technologies has increased with people spending most of their time indoors. While the semiconductor chip shortage and supply chain crisis, which have been exacerbated by the Russia-Ukraine war, remain concerns, communication equipment is expected to continue witnessing increasing demand in the cloud computing, 5G connectivity, and the internet of things (IoT) era. According to a Market Research Future report, the global telecom equipment market is expected to grow at an 11.23% CAGR through 2025. So, both NOK and MSI should benefit.
