Page 296 - CABSAT PR REPORT - MAY 2024

5/13/24, 10:39 AM CABSAT 2024 to highlight latest innovations in media and entertainment sectors, promises to transform industry’s future - Middle …
CABSAT 2024 to highlight latest

innovations in media and entertainment

sectors, promises to transform

industry’s future

May 10, 2024 10

According to a PwC report, AI will contribute up to USD 15.7 trillion to the global economy
by 2030

Grand View Research reported that the global AI in media & entertainment market size is
expected to grow at a compound annual growth rate (CAGR) of 26% from 2023 to 2030.

CABSAT 2024, the premier conference for the broadcast, satellite, and content sectors, is

slated to revolutionise media and entertainment with its innovative exhibitions and features for
participants. The latest edition of CABSAT, starting from May 21 to 23, 2024, at Dubai World

Trade Centre, will present innovative hall experiences for all attendees, while also highlighting
cutting-edge technologies and diverse content offerings that will shape the future of the

entertainment landscape.

According to a PwC study, AI will contribute up to USD 15.7 trillion to the global economy by
2030[i]. The Grand View Research further reported that the global AI in media &

entertainment market size was estimated at USD 14.81 billion in 2022 and is expected to grow
at a compound annual growth rate (CAGR) of 26% from 2023 to 2030[ii], the industry is
expected to witness exceptional growth. With more than 450 exhibitors and over 18,000

expected visitors, CABSAT supports this growth and offers a perfect setting for networking,
career advancement, and keeping current on the latest developments in the industry. This

year’s event presents a wide range of exhibitions and features that are designed to offer
detailed insights into the latest advancements in the media industry.

https://mid-east.info/cabsat-2024-to-highlight-latest-innovations-in-media-and-entertainment-sectors-promises-to-transform-industrys-future/ 1/4