Monday, January 19, 2015

BWI: Increase in Multiscreen Video Consumption Drives Innovation in Content Services and Business Models in MENA - Frost & Sullivan

 
Source : Frost & Sullivan
Monday, January 19, 2015 11:02AM IST (5:32AM GMT)
 
Increase in Multiscreen Video Consumption Drives Innovation in Content Services and Business Models in MENA - Frost & Sullivan
As Knowledge Partner for CABSAT 2015, Frost & Sullivan will release a White Paper and share findings on trends in linear and nonlinear video industry in MENA
 
Dubai, United Arab Emirates

Video consumption in the Middle East and North Africa (MENA) has increased in recent times as a result of content availability on alternative media besides television. With the availability of localised online content and targeted on-demand services for the diaspora on the rise, traditional broadcasters and service operators are exploring new avenues and services to retain the fickle modern viewer.
 
Frost & Sullivan, the Knowledge Partner for CABSAT 2015, will present an exclusive White Paper on the ‘Trends in Broadcast and New Media Video in Middle East and North Africa.’ This paper is an Industry Outlook covering key findings on market penetration, type of content, leading companies in the region, drivers and restraints, technology and market trends, business models and some case studies.
 
 “The region offers rich potential with a few countries ranking among the highest digital television and high-speed internet penetration in the world,” said Vidya S. Nath, Research Director, Digital Media, Frost & Sullivan. “While discussions about piracy abound and media companies are worried on how to stem it, they need to drive all their energies towards making a diverse portfolio of content and services available that can appeal to viewers in the region.”
 
Andrew Pert, Show Director of CABSAT, added: “As the leading platform for the broadcast, production, content delivery, digital media and satellite sectors across the Middle East, Africa and South Asia (MEASA), CABSAT is at forefront of delivering dialogue between global media and entertainment organisations and their local counterparts on how best to drive innovation into their businesses and content offerings. With regional consumers’ video content consumption among the world’s highest per capita, the convergence of international broadcast, film, production, internet, telecom and consumer electronics sectors has resulted in strategic investment inroads and monetisation avenues being rife across the MENA market – CABSAT is the gateway to capitalising on regional opportunities.”
 
Frost & Sullivan finds that satellite television will continue to dominate the region’s linear television services over the next three years. High Definition (HD) TV channels will continue to grow swiftly by at least over 25 per cent over the next three years, while content companies will likely start offering 4K video content over IPTV soon. With the region waiting for HEVC-compliant set-top boxes to increase support of next generation television services, international mega events including the FIFA World Cup in 2022 in Qatar will boost the penetration of Ultra High Definition Smart TVs to about 50 per cent of households in 2020.
 
Correspondingly, there is an active growth in viewership trends for video over alternative platforms, social media and mobile networks – with Frost & Sullivan urging all broadcasters and service providers to prioritise the segment now. The proliferation of localised content across all genres for different diaspora - especially news and current affairs - continues on various portals, while all leading regional public and private broadcasters have launched dedicated social media presences through platforms such as Facebook, Twitter, YouTube and Linkedin to capture a younger demographic of viewers. For the next three years, there needs to be a focus on personalised viewing, acceleration of multiscreen services and multimedia advertising. Content producers and aggregators seek innovative solutions for compression, ad-insertion, video-on-demand, media asset management, and digital rights management that can help them centralise their multimedia operations and unify it with their linear television workflows.
 
Many media networks and content companies struggle with the region’s bipolar and fragmented trends, across the region. While most of the GCC countries are highly mature in new media consumption, the rest of the region continues to experience fractured network speeds and stringent regulatory frameworks. Constant innovation in packaging content and advertising will help in achieving heightened video penetration.
 
To register for CABSAT 2015, which runs March 10-12 at Dubai World Trade Centre (DWTC) and is strictly for trade and industry only, visit the show’s website at www.cabsat.com
 
If you are interested in more information on the Frost & Sullivan White Paper, which is exclusive to delegates at the Collaborative CABSAT – NAB Show Conference, please send an email to Paroma Bhattacharya/ Ravinder Kaur, Corporate Communications at paromab@frost.com / ravinder.kaur@frost.com with your full name, company name, job title, telephone number, company email address, company website, city, state, and country.
 
About CABSAT 

CABSAT is the leading professional content management event in the Middle East, Africa, and South Asia (MEASA). An exciting, interactive event featuring all the major global technology and service providers for this growing industry, CABSAT — now in its 21st year — continues to extend its global reach. The show is a dominant digital media and satellite technology platform for anyone wishing to target broadcasters, production houses, animation houses, content owners and creators, software developers, systems integrators, and distribution channels in the vast region.
 
About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
 

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For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector, and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics, and emerging economies?
 
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Media Contact Details

Paroma Bhattacharya, Corporate Communications – Middle East and North Africa Frost & Sullivan, ,+91 (22) 66072047 , paromab@frost.com

Ravinder Kaur, Corporate Communications - Middle East, North Africa and South Asia Frost & Sullivan, ,+91 (44) 66814413 , ravinder.kaur@frost.com

Euan Megson, Senior Manager – PR & Media, Dubai World Trade Centre CABSAT, ,+971.4.3086581 , euan.megson@dwtc.com

 

KEYWORDS: Business/ Finance:Business Services, Events & Conferences, Media & Entertainment, Telecommunications;General:Internet

 

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