Satellite industry predicted to see double digit growth in the next 5 years

Advancements in network capabilities offered by local Internet Service Providers (ISPs) are opening up new doors in the way content will be delivered to consumers. Over-The-Top (OTT) services, content delivered through internet connection, have been a rising global trend and are rapidly changing how broadcast content, video and entertainment media is consumed.

Mustafa Tell, Director of Broadcast Operations for Arab Radio & Television said: “The advancement of the internet in our market has opened up the doors for OTT in the region. This has been the catch word for a couple of years now and it will continue to grow. We need to find a way to embrace OTT and to take advantage of what OTT presents to us. It also opens up for traditional TV makers in our region to step up and enter the market.”

The satellite sector in the MENA region is set to grow at a significant rate. Driven by demand from the maritime, communications and military sectors, industry analysts are reporting double digit growth over the next 5 years.[2]

As a result, the SATEXPO Conference will address the future of satellite communications for not only the TV and broadcasting sectors but also other major satellite industries including space, maritime, aviation, telecommunications and government.

Industry experts speaking at the event include the UAE Space Agency, Virgin Galactic, BBC and Al Jazeera who will discuss both new and existing commercial challenges and opportunities in the MENA region’s vertical satellite markets.

Trixie LohMirmand, Senior Vice President, Events & Exhibitions Management, DWTC, said: “There is nowhere else in the region that you will find a congregation like the line-up of leaders in the satellite industry speaking at SATEXPO this year. These experts have valuable insight on issues surrounding our market, and as an industry that is in constant flux with new technology being introduced at a rapid rate, local companies need to adapt and mimic global standards.”

 

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