Page 91 - CABSAT PR REPORT - March & April 2024

Meanwhile, SATExpo summit will serve as a hub for satellite technology enthusiasts,
telecommunications experts, and satellite service providers to showcase cutting-edge
solutions and discuss the most recent advances in satellite communications. SATExpo is
designed to showcase ground-breaking innovations to improve connectivity, extend
coverage, and close the digital divide, ranging from high-throughput satellites to next-
generation launch technologies.

The executive discussion will highlight key areas like end-user markets, emerging
technology, financial insights, technical content, and regional focus. 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.

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