Page 34 - CABSAT PR REPORT - MAY 2024

Press Release

Including several media related features for participants

CABSAT 2024 to highlight latest innovations in media and

entertainment 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

Dubai, UAE, May 10, 2024,

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 . The Grand View Research further reported that the global AI in media & entertainment
i
market size was estimated at USD 14.81 billion in 2022 and is expected to grow at a compound
ii
annual growth rate (CAGR) of 26% from 2023 to 2030 , 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