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Checking Nokia’s Digital Health Business

Rachel Gunter
Checking Nokia’s Digital Health Business

Nokia (NOK) is selling its Digital Health segment two years after creating the division to garner revenues from the digital health market. The global digital health market is poised to grow to $536.6 billion by 2025 from $196.3 billion in 2017, according to Transparency Market Research (or TMR). The enormous revenue opportunity in the digital health market is attracting more players to the sector, with Apple, Fitbit (FIT), and Xiaomi among the companies competing for digital health revenues.