Page 252 - INTEGRATE MIDDLE EAST - FEBRUARY to MAY 2023

3/10/23, 2:14 PM Integrate Middle East 2023 to congregate Pro AV Industry pio... | MENAFN.COM
According to a recent market report, *the Pro AV market is expected

to grow at a CAGR of 7.9 per cent between 2022 and 2027, with

the market size in the region, including Middle East and Africa

region, estimated to increase by USD 113.26 billion. Additionally,

**Data Bridge Industry Research's report indicates that by 2029, the

Middle East and Africa’s virtual reality market would be worth USD

33.29 billion, growing at a CAGR of 43.7 per cent. ***Data Bridge

Market Research’s analysis on the Middle East and Africa smart

home industry, presented a valuation of USD 6.40 billion in 2021

and is projected to reach USD 31.64 billion by 2029, growing at a

CAGR of 16.80 per cent over the period. In this light, the summit’s

agenda will highlight key topics including business-critical digital

signage, phygital stores with XR, content-driven 3D advertising,

remote delivery of events, new revenue streams unlocked by AV

technologies and more.

Bartosz Jankowski, CEO, Behind the Stage said: “Concept, in my

opinion, is king, and technology is an instrument for implementing

bold and innovative ideas. We are highly optimistic that the

inaugural edition of Integrate Middle East 2023 summit will present

a range of novel opportunities to the AV and media technology

community for long-term growth and development. Being involved

in the development of Virtual Production in the United Arab

Emirates, I look forward to sharing insightful information on the

industry’s potential for growth in the region.”

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