17 September 2020 - Finland - Nokia has been ranked again as the top telecom software and services\u00a0provider by market share, according to Analysys Mason, a leading independent global research firm. The ranking, in Analysys Mason\u2019s latest annual report just published, reflects Nokia\u2019s strategic progress in strengthening its software business. Analysys Mason said the global telecom software and services market in 2019 grew about 1% to $66.9 billion, with Nokia\u2019s share coming in at approximately $4.5 billion. Nokia Software products are engineered for its cloud-native, multi-network, multi-vendor \u00a0Common Software Foundation and optimized for all the leading public cloud platforms to give operators wide operational flexibility. More broadly, Nokia\u2019s portfolio leads in such high growth areas as virtualization, digital infrastructure, network orchestration and automation, AI\/machine learning, and cognitive analytics. Analysys Mason ranked Nokia as the top software provider by-product market share in its 2017 report and the same top position for both telecom software and services in the research firm\u2019s 2018 report. Larry Goldman, Partner & Head of Networks and Software Research, Analysys Mason\u00a0said: \u201cNokia is once again the overall leader in the telecoms software market share for 2019. They achieved this partly through their leadership in strong growth areas like network virtualization but also because they are among the leaders in nearly every major category of telecoms software. New communication service provider software decisions lean heavily toward cloud-native products which work in Nokia\u2019s favour.\u201d Bhaskar Gorti, President of Nokia Software and Chief Digital Officer, said: \u201cUnderstanding our customers and where their needs are going is central to how Nokia Software designs software and services; that is the impulse behind our truly cloud-native applications on the Nokia Common Software Foundation. I am extremely pleased for our employees and would say on their behalf that we are gratified that customers continue to prioritize Nokia in their telco software spend.\u201d Our communications service provider customers support more than 6.4 billion subscriptions with our radio networks, and our enterprise customers have deployed over 1,300 industrial networks worldwide. Adhering to the highest ethical standards, we transform how people live, work and communicate.