Industry Leaders to Highlight Emerging Technologies in Satellite Communications at the 29th Edition of CABSAT
CABSAT 2023, the flagship event for satellite, broadcast, content creation, production, distribution, digital media, and entertainment industries, is set to unite industry leaders and experts to highlight the sectors’ emerging technologies and trends from 16-18 May 2023, at the Dubai World Trade Centre.
The three-day show will feature products and services for all users involved in the satellite-enabled communications industry in the MEASA region and beyond, including market segments such as aviation, broadcast, government, maritime, space agencies, and other sectors.
The much anticipated 29th edition of CABSAT is set to shed light on emerging trends in the Satellite Communications market, which is predicted to reach USD 53 billion by 2027 and grow at a CAGR of 14 per cent 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. As a major diary date in the satellite and space technology industry calendar, CABSAT is committed to supporting stakeholders in their efforts to collaborate and make a difference.
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.
Space debris poses huge risks and safety threats to the existing space systems and activities since it may cause a collision with other space stations, satellites, or any other equipment. Therefore, it is necessary to explore and implement innovative ways to reduce debris hazards for sustainable future space operations. Governments, space agencies, and other institutions are funding or implementing their own initiatives to advance space sustainability, outside of multilateral efforts.
Imran Malik, Senior Vice President, Enterprise EMEA & APAC at SES, commented: “For more than 35 years, SES has introduced new innovations in the satellite communications industry to meet evolving customer needs. This year, SES is introducing its second-generation medium earth orbit constellation. When operational later this year, O3b mPOWER will deliver networks comprising the industry’s best throughput, predictable performance, high availability, and flexibility to address the connectivity requirements of the new cities that are being built in the region. Additionally, as part of our ESG ambitions, we have declared our commitment to sustainable space where we want to collaborate on best practices so that space continues to be a resource for delivering extraordinary solutions to address the challenges on earth. Our participation in CABSAT 2023 will give us an opportunity to learn about emerging trends in the satellite industry; get closer to our customers and share our vision of sustainable space operations, which is aligned with the UAE's commitment to promoting sustainability within space activities.”
The latest forecast for the satellite launches and build market confirms the industry's capacity and ambition to multiply global in-space bandwidth and add over 200 TB of capacity to the global telco grid. With a wide range of high-performance VSAT and Mobility Terminals on the rise, including Gilat's SkyEdge IV and SkyEdge II-c platforms, the satellite communications market is experiencing rapid growth.
Barak Lerer, Regional VP EMEA and Eurasia, Gilat Satellite Networks, stated: “We are thrilled to have the opportunity to participate in CABSAT for the third consecutive year. The MENA region is a key strategic growth area for Gilat. As the world leader in 4G cellular backhaul over satellite and a leading global provider of satellite-based broadband communications, we focus on multiple market segments including mobility and enterprise applications. We are excited to share ideas and plans with our current and potential new customers at CABSAT.
CABSAT 2023 is set to bring together key players from satellite, broadcast, content creation, production, distribution, digital media, and entertainment companies to identify common traits of success across all verticals that can further serve as the blueprint for future growth.