Page 304 - CABSAT PR REPORT - MAY 2024
P. 304
5/13/24, 10:40 AM dayofdubai | CABSAT 2024 to highlight latest innovations in media and entertainment sectors, promises to transform industry's fu…
Sectors, Promises To Transform
Industry's Future
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 leading conference for the broadcast, satellite, and content sectors,
is poised to revolutionize the media and entertainment industry with its innovative
exhibitions and features. Scheduled from May 21 to 23, 2024, at the Dubai World Trade
Centre, the event promises to showcase cutting-edge technologies and diverse content
offerings that will shape the future of the entertainment landscape.
According to a study by PwC, AI is expected to contribute up to USD 15.7 trillion to
the global economy by 2030. With the global AI in media & entertainment market
projected to grow at a compound annual growth rate (CAGR) of 26% from 2023 to 2030,
the industry is poised for exceptional growth. With over 450 exhibitors and more than
18,000 expected visitors, CABSAT is positioned to support this growth and provide a
perfect platform for networking, career advancement, and staying abreast of industry
developments.
One of the key highlights of CABSAT 2024 is the Co-Production Salon, aimed at
facilitating business opportunities to drive investments in Arabic content and attract foreign
film and TV projects to the MEASA region. Last year's session facilitated over 350
https://www.dayofdubai.com/news/cabsat-2024-to-highlight-latest-innovations-in-media-and-entertainment-sectors-promises-to-transform-industrys-fut… 2/3