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February 1, 2024
5G / Outdoor Wireless
Nokia announced the availability of Nokia DAC PW Compact for small- medium size businesses and the logistics industry in Europe. Following the launch in the United States last year, Nokia DAC PW Compact will help the logistics industry overcome connectivity and automation challenges in micro fulfillment centers (MFCs) and warehouses with new spectrum variants in Italy, Finland, France, Germany, Netherlands, Norway, Poland, Spain, Sweden and Switzerland and the United Kingdom.
Nokia DAC PW Compact provides reliable, secure, and high-performance wireless connectivity for applications, devices, and machines in MFCs, such as autonomous guided vehicles (AGVs), workers’ handhelds, machines, asset trackers and sensors. It is designed to meet the specific needs of the logistics market, which is undergoing a major transformation due to the rise of e-commerce and consumer demand which requires faster and more convenient delivery but is also applicable for other industrial small sites.
According to ABI Research, the market size of the logistics sector in Europe is estimated to be 1.05 trillion USD in 2024, and it is expected to reach 1.32 trillion USD by 2029 growing at a CAGR of 4.69 percent during the forecast period from 2024 to 2029. However, the logistics market in Europe is projected to lose 1.03 billion USD of revenue in 2024 due to failing connectivity, caused by using legacy Wi-Fi networks that are not fit for purpose for the high levels for automation and mobility in warehouses
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Nokia Corporation is the world's largest manufacturer of mobile phones, serving customers in 130 countries. Nokia is divided into four business groups: Mobile Phones, Multimedia, Enterprise Solutions, and Networks. The Mobile Phones group markets wireless voice and data products in consumer and corporate markets. The Multimedia segment sells mobile gaming devices, home satellite systems, and cable television set-top boxes. The Enterprise Solutions group develops wireless systems for use in the corporate sector. Wireless switching and transmission equipment is sold through the company's Networks division. Nokia operates 15 manufacturing facilities in nine countries and maintains research and development facilities in 12 countries.
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