Page 217 - CABSAT PR REPORT - March & April 2024
P. 217

4/1/24, 10:05 AM                          CABSAT Returns to Dubai on 30th Anniversary with Integrate ME
            By 2024, the Middle East’s media and entertainment market is projected to reach USD 42.72
            billion and is expected to grow at a CAGR of 9.41 per cent, reaching USD 66.99 billion by 2029[i].
            The region retains its position as a leading destination for filmed content, broadcast, and
            satellite industries. It is undergoing a significant transformation from a content consumption
            market to a content creation hub. CABSAT 2024 will unveil the future of content creation and
            distribution, serving as a platform for the global media, entertainment, and technology industry,
            attracting over 120 countries.
            This year’s event, featuring the return of the Content Congress, is poised to offer an exceptional
            platform. It provides opportunities to explore and provide insights on the evolving media
            landscape. The SATEXPO Summit, a lead distributor, facilitates innovation within the satellite and
            space community, offering opportunities to form strategic partnerships. NextGen Content
            enables screening of unreleased content, providing a platform for the region’s best content
            creators, distributors, and investors. It also offers exclusive spaces for engagement, discussion,
            and innovation within the creator economy and sustainable space exploitation.












































            Integrate ME plays crucial role in market growth


            After its successful premiere in 2023, Integrate Middle East will once again unite Pro AV and
            system integration tech leaders. It will attract buyers from various sectors throughout the MENA
            region. The event will highlight the expedited development of the Pro AV market. Analysts
            project it to reach USD 396.41 million by 2028, with a CAGR of 8.61 percent from 2024 to
            2028[ii]. The several factors that have played a crucial role in the market’s growth include the
            increased use of digital signage and the rise in popularity of e-learning. Additionally, advances in
            technology, as mentioned in the Technavio Pro AV Market Analysis, have contributed to this
            growth. Integrate Middle East will also illuminate advancements in the global smart buildings

      https://thefinanceworld.com/cabsat-2024-integrate-middle-east-returns-dubai-world-trade-centre/#google_vignette  3/5
   212   213   214   215   216   217   218   219   220   221   222