Page 486 - CABSAT ENGLISH PR REPORT - FEBRUARY to MAY 2023

4/10/23, 10:29 AM CABSAT 2023 gears up for 29th edition - SatellitePro ME
MEASA region and beyond, including market segments such as

aviation, broadcast, government, maritime, space agencies, and other

sectors.

The 29 edition of CABSAT is set to shed light on emerging trends in
th

the Satellite Communications market, which is predicted to reach

$53bn by 2027 and grow at a CAGR of 14% by 2030, and also place

a strong emphasis on the industry’s capacity to leverage cutting-edge

technologies. It is noted that satellite technology will continue to

expand and become more important to how businesses operate, as a

result of the development of the connected digital economy.

CABSAT 2023 will also host the SATEXPO Summit, where leading

industry experts will discuss how to spearhead sustainable space

operations. The summit will include two days of panel discussions

and networking opportunities for all participants, which will provide a

great venue for business leaders to underscore sustainability in space.

This is further relevant as the UAE prepares to host the COP28

conference in November 2023, to address challenges and encourage

countries to embrace sustainability as a key priority. With more than

6,800 active satellites in the orbit, many of which are used for both

military and civilian purposes, and more than 30,000 pieces of orbital

debris, there is an increasing urgency surrounding space

sustainability.

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