Page 59 - CABSAT PR REPORT - March & April 2024

4/30/24, 10:37 AM CABSAT 2024 Set to Showcase Latest Trends in Media and Satellite Technology
The conference is of great significance to stakeholders, especially as the

Middle East Satellite Communications Market is expected to grow from its

estimated US$3.35 billion in 2024 to US$4.79 billion by 2029, with a

compound annual growth rate (CAGR) of 7.40 percent.

In addition, various trends and developments will be covered through several

sessions, such as 'Satellite and HAPS: Transformational Technology

Disruption, Service Resilience,' 'Into the Blue: Flying and Sailing with

Satcoms,' and 'Turning Constellations into Networks – A New Connectivity

Architecture for the Middle East Region' among others.

Sanjay Raina, Global Media and Entertainment Executive, said

that CABSAT represents an important platform that allows stakeholders and

industry leaders to meet, communicate, and learn about the latest

developments and trends in media and satellite technology. He pointed out

that CABSAT will work to accelerate the transition of this industry into a new

era of transformation and expedite the adoption of current market trends.

News Source: Emirates News Agency

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