Page 588 - CABSAT ENGLISH PR REPORT - FEBRUARY to MAY 2023

2/14/23, 1:31 PM CABSAT expo set to return in May for its 29th year

CABSAT 2023 aims to re ect the boom in the media and entertainment industry

in the region, the y added, whi ch is expected to grow at a compound annual
growth rate of 12.79 percent over the „ve-year period beginning 2021 and be

worth almost $70 billion by 2026, according to market intelligence platform
ReportLi nker.

It will bring togethe r some of the world’s “most innovative content creators,
producers, broadcast-techn ology providers, as well as satellite distribution and
content-delivery companies,” underlining the growing importance of the

region as a content-production powerhouse.

In previous years, participants have included representatives from Twitter,

Meta, Dubai Media City, the Saudi Media Rating Company, and Disney Plus.

Thi s year’s event will include the return of key sessions, organizers said, such

as: The Content Congress, whi ch oers participants the chance to discuss the
cha llenges and opportunities within the creative content market; NextGen
Content, focusing on the exponentially growing demand for regional content;

and the Digital Hub, an arena for all things related to latest media tech.

The expo will also feature: The SATEXPO Summit, described as the most

comprehe nsive gathe ring of regional and global satellite and space technology
industry in uencers; NextUp, a platform for start-up entrepreneurs to discuss
the latest innovations in the media, entertainment and satellite industries; and

the Saudi Program, dedicated to the Kingdom’s leading position in the media
sector.

CABSAT will run alongside Integrate Middle East, at the same venue, which is a
major forum and sourcing platform for leaders in the professional audiovisual
industry, a market set to reach a global value of $518.26 billion by the end of

2027.

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