Nokia generated **** billion euros in revenue in Europe in 2024, up from **** billion the previous year. Europe was the only region in which the company reported increased revenue.
Nokia overview
Nokia is a Finnish communications and information technology company. Founded in 1865, the company is headquartered in Espoo and currently employs more than ****** people. Nokia emerged as a global leader in the mobile market in the early days of the mobile and smartphone era. After the sale of its mobile devices division in 2013, Nokia has focused on data networking services and telecommunications equipment.
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 ** percent control of the market. Nokia also competes with these firms across several other key technologies including 5G and extended reality (XR).
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Nokia. (January 30, 2025). Nokia net sales worldwide from 2012 to 2024 (in billion euros), by region [Graph]. In Statista. Retrieved May 07, 2026, from https://www.statista.com/statistics/275377/share-of-nokias-global-revenue-by-region/
Nokia. "Nokia net sales worldwide from 2012 to 2024 (in billion euros), by region." Chart. January 30, 2025. Statista. Accessed May 07, 2026. https://www.statista.com/statistics/275377/share-of-nokias-global-revenue-by-region/
Nokia. (2025). Nokia net sales worldwide from 2012 to 2024 (in billion euros), by region. Statista. Statista Inc.. Accessed: May 07, 2026. https://www.statista.com/statistics/275377/share-of-nokias-global-revenue-by-region/
Nokia. "Nokia Net Sales Worldwide from 2012 to 2024 (in Billion Euros), by Region." Statista, Statista Inc., 30 Jan 2025, https://www.statista.com/statistics/275377/share-of-nokias-global-revenue-by-region/
Nokia, Nokia net sales worldwide from 2012 to 2024 (in billion euros), by region Statista, https://www.statista.com/statistics/275377/share-of-nokias-global-revenue-by-region/ (last visited May 07, 2026)
Nokia net sales worldwide from 2012 to 2024 (in billion euros), by region [Graph], Nokia, January 30, 2025. [Online]. Available: https://www.statista.com/statistics/275377/share-of-nokias-global-revenue-by-region/
