Business
Middle East & Africa TV Market Value to Reach over $15 billion by 2021
The TELEVISION market outlook for Africa & the Middle East published by IDATE Digiworld has forecasted that the tv market in Africa and the Middle East is set to grow by 30% from 2016 to 2021, an increase of practically US$ 3.5 billion, making the MEA region among the fastest expanding global markets.
According to the IDATE Digiworld report, a fast-growing young populace and a promising financial outlook are both pointed out as contributing factors for the growth. [1] Principal within the wire and satellite industry are eager to showcase their latest products and services during the 24th edition of CABSAT, happening from 14-16 January 2018 at the Dubai World Trade Centre (DWTC).
The Content Congress, the Middle East and Africa's leading broadcast meeting, and the co-located SATEXPO, providing all satellite interaction solutions and innovations to the MENA region, will certainly both return as famous attributes at the program this year, supplying top-level sessions streamlined right into three tracks: technical, strategic and imaginative.
Trixie LohMirmand, Senior Vice President, Events & Exhibitions Monitoring, DWTC said, "The cord and satellite industry has experienced a plethora of modifications and obstacles brought on by the dawn of a technology-driven culture.
"Between competition from new industry players offering over the leading solutions and video as needed material, to the fostering and combination of these services by existing and established organisations, business have actually been forced to earn changes in order to stay pertinent in the industry.
More than 40 speakers are readied to share their understandings during the Material Congress, representing industry heavyweights such as Facebook, BBC, iflix, WWE, UTURN, Cartoon Network Studios Arabia, Rotana Media Group, Viacom International Media Networks' (VIMN), Turner Broadcasting, Cote Ouest, Cairo Information Company, Exploration Networks and FremantleMedia. Similarly, SATEXPO's align will certainly consist of high level speakers across broadcast, telecoms, air travel and maritime sectors with the keynote being delivered by HE Dr. Eng. Mohammed Nasser Al Ahbabi, Director General of the UAE Space Agency.
Additionally, the exhibit floor will offer opportunities for industry professionals to examine, make use of and experience the most recent equipment in the broadcast, satellite interaction, web content delivery and electronic media sectors, in addition to discover the most up to date industry-tailored functions lead by leading experts in their sectors.
Said LohMirmand, "The recently established IP Theatre will certainly provide a non-stop collection of presentations covering a range of topics concentrated on real-time IP production and intra-facility distribution. These sessions are provided for those that are working in IP in addition to though that are taking into consideration getting in the industry for the first time."
Another new edition for the show, is the Script to Screen in 48 Hours Competition which will use students and young professionals unique training and support the creation of Arabic material. The effort will certainly task groups to produce, create, film, modify and create a short piece of content onsite that will be evaluated by a panel goinged by Martin Gaiss, Former SVP Material at 20th Century Fox. Prizes will be granted to the winning groups on the last day of the show.
CABSAT continues to be the foremost platform for the broadcast, production, content delivery, digital media and satellite sectors, and the hub for buyers, sellers and professionals throughout the region. CABSAT 2018 will certainly run from 14-16 January at the Dubai World Trade Centre. For more information please go to www.cabsat.com.
Caption: The Middle East & Africa TELEVISION market has actually anticipated to get to over $15 billion by 2021