Page 82 - Integrate ME PR REPORT - March-April 2024
P. 82

4/1/24, 10:04 AM          CABSAT celebrates 30th anniversary, returns to Dubai World Trade Centre in 2024 - World Teleport Association

        CABSAT CELEBRATES 30TH



        ANNIVERSARY, RETURNS TO DUBAI


        WORLD TRADE CENTRE IN 2024,


        ALONGSIDE THE SECOND EDITION OF


        INTEGRATE MIDDLE EAST



        Middle East’s flagship event to unveil the future of content creation and media and entertainment market as
        it is projected to reach USD 42.72 billion in 2024

        Dubai, UAE – March 29, 2024,
        CABSAT, the Middle East’s flagship event for content, broadcast, satellite, media, and entertainment, will
        celebrate its 30th anniversary with its highly anticipated return to the Dubai World Trade Centre from May
        21 till 23, 2024. Also returning is the second edition of co-located event Integrate Middle East, the leading
        forum and sourcing platform for the global Pro AV and media technology community that connects industry
        leaders with integrated solution buyers from the education, media, entertainment, hospitality, retail, and
        communication sectors.

        Since its inception, CABSAT has evolved over the years to align with the latest trends and technologies in
        the MEASA region. Organised by the Dubai World Trade Centre in partnership with key stakeholders from
        the MEASA media industry, it features insightful presentations, panel discussions, workshops, product
        demonstrations, and technology master classes, along with a diverse culture of knowledge sharing.

        The Middle East leads the future of content creation

        In 2024, the Middle East’s media and entertainment market is projected to reach USD 42.72 billion and
        grow at a CAGR of 9.41 per cent to attain USD 66.99 billion by 2029 . The region retains its position as a
        leading destination for filmed content, broadcast, and satellite industries, undergoing a significant
        transformation from a content consumption market to a content creation hub. CABSAT 2024 is set to 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 is poised to be an exceptional platform, featuring the return of the Content Congress,
        which offers opportunities to explore and provide insights on the evolving media landscape; the SATEXPO
        Summit, a lead distributors, that facilitates innovation within the satellite and space community and offers
        opportunities to form strategic partnerships; and NextGen Content, which enables screening of un-released
        content, further offering 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 premier in 2023, Integrate Middle East will once again unite Pro AV and system
        integration tech leaders, attracting buyers from various sectors throughout the MENA region. The event is
        set to highlight the expedited development of the Pro AV market, which is projected to reach USD 396.41
        million by 2028, with a CAGR of 8.61 per cent from 2024 to 2028 . The several factors that have played a
        crucial role in the market's growth, are the increased use of digital signage, the rise in popularity of e-
        learning, and the advances in technology as mentioned in the Technavio Pro AV Market Analysis. Integrate
        Middle East will further shed light on the advancements in the global smart buildings market as well, which
      https://www.worldteleport.org/news/668761/CABSAT-celebrates-30th-anniversary-returns-to-Dubai-World-Trade-Centre-in-2024.htm#:~:text=CABSAT…  1/2
   77   78   79   80   81   82   83   84   85   86   87