CABSAT 2024, the leading conference for the broadcast, satellite, and content sectors, is set to showcase the latest innovations in the media and entertainment industries, promising to transform the future of the industry. Scheduled to take place from May 21 to 23, 2024, at the Dubai World Trade Centre, this year’s edition of CABSAT will feature cutting-edge technologies and diverse content offerings that will shape the entertainment landscape.
According to a study by PwC, AI is expected to contribute up to USD 15.7 trillion to the global economy by 2030. The global AI in media & entertainment market size was estimated at USD 14.81 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 26% from 2023 to 2030, indicating exceptional growth in the industry.
With more than 450 exhibitors and over 18,000 expected visitors, CABSAT provides a platform for networking, career advancement, and staying updated on the latest industry developments. The event will offer a range of exhibitions and features designed to provide insights into the latest advancements in the media industry.
One of the key highlights of CABSAT 2024 is the Co-Production Salon, a dedicated meeting lounge aimed at driving investments in Arabic content and attracting foreign film and TV projects to the MEASA region. Last year’s session facilitated over 350 targeted co-production and content partnership meetings, resulting in significant deals reaching USD 8 million in total investments. This year’s session is expected to have an even greater impact among stakeholders in the MENA region.
The Content Congress at CABSAT will bring together professionals from the media, broadcast, and technology sectors to analyze trends and explore ideas that will impact content creation, connection, and monetization. Additionally, the Virtual Production Studio demo will provide filmmakers with guidance on working with virtual sets in various productions.
Hany Bartella, Managing Director at Grass Valley, expressed excitement about showcasing product updates and advancements at CABSAT 2024. Grass Valley will present a range of technologies to address the region’s growing demands, including the award-winning LDX 150 live broadcast camera and the Maverik X software-based production switcher.
Visitors to CABSAT will also have the opportunity to tour Dubai Studio City, the region’s largest media and entertainment hub, which offers world-class facilities for film and TV production. The SATExpo Summit will unite satellite and space technology industry influencers to discuss global trends and business strategies, while CABSAT TV will feature detailed discussions and interviews with industry leaders.
Sachin Mohite from Triax UK LTD and Kevin Dunne from ETL Systems Ltd highlighted their latest innovations in TV distribution solutions and RF systems, respectively, which will be showcased at CABSAT 2024.
Overall, CABSAT 2024 promises to be a transformative event for the media, broadcast, and satellite industries, with the potential to significantly influence the future of the sector. With a diverse range of exhibitions, sessions, and networking opportunities, the conference is set to shape the future of media and entertainment.