Increasing high speed connectivity, cheaper Pay TV, high-definition (HD) TV, and the growing adoption of Over-the-top (OTT) videos will redefine the business environment for the MENA media industry in the next five years, finds Frost & Sullivan. The global growth consulting firm is the Knowledge Partner for CABSAT 2016, the leading conference and exhibition for broadcast and digital media industry in the MENA.
Frost & Sullivan will release a State of the Industry report on March 8, 2016 and moderate a panel with key industry executives from Arab Radio & Television (ART), beIN Media, Eutelsat, Icflix, Intigral, and Yahlive to discuss if and how the MENA media market is ready for a shake-up as a result of disruptive technologies and business models.
“2016-2018 will see large-scale disruptions in the media industry, breaking traditional boundaries of businesses as well as pricing. Competition will intensify as international companies jostle side by side with regional players for airtime and consumer mind space,” says Vidya S Nath, Research Director, Digital Media, Frost & Sullivan.
The consumer market is ripe for increase in distribution of HD TV channels as well as multi-screen videos. However, falling oil prices, political strife, and inconsistent growth in advertising revenues are challenging the broadcast industry. While technologies have matured for adoption to drive new-age content distribution, broadcasters and Pay TV operators are still struggling on structuring viable business models to realise faster ROIs.
“‘Converge to Diverge’ will be the new mantra. Companies will explore multiple avenues to pursue revenue growth,” says Vidya.
As the Knowledge Partner for CABSAT 2016, Frost & Sullivan will present a report on “State of the Industry: Market & Technology Trends in Broadcast, MENA,” a copy of which will be available for all Content Congress and CABSAT Conference Delegates. This in-depth Industry Insight will share key findings of the industry trends in media content marketplace, changing business models, viewership habits, technology trends, drivers and challenges, factors driving technology investment, and a technology investment index of countries in the region.
Frost & Sullivan finds that nearly 60 percent of TV households in the MENA have HDTVs and more than half have HD satellite TV receivers. In Gulf Cooperation Council (GCC) alone, 85 percent of TV households have HDTVs and HD receivers. However, less than a fourth of channels available in the region are transmitted in HD.
“High-definition is becoming a way of life across the MENA. The difference between luxury and premium is fast blurring in the way consumers perceive and purchase products. The growing HD footprint in the region is a positive sign for broadcasters to take their transmission to the next level. In order to maintain their competitive edge, they will need to respond to expectations of high-quality user experience and push out more and more HD content,” noted Vidya.
In parallel, there is a significant increase in multilingual content sourcing. A melting pot of diverse expat population, the region offers opportunities to international as well as local content producers to offer popular content. However, the market is highly fragmented and requires a deep-rooted understanding of the local ecosystem of content and technology partners.
Trends such as these will define technology investments for the broadcast industry looking for advanced solutions in collaborative workflows, advanced video compression, and security. The report will provide insights on what technology trends will drive the market and also present the technology adoption index across countries for the MENA.
To register for CABSAT 2016, which is strictly for trade and business only, visit the event’s website at www.cabsat.com.
If you are interested in more information on this report, want to meet our analysts at the event, or attend the panel discussion at the conference, please send an email to Anita Chandhoke, Corporate Communications at achandhoke@frost.com with your full name, company name, job title, telephone number, company email address, company website, city, state, and country.
About CABSAT
Running 8-10 March, 2016 at Dubai World Trade Centre (DWTC), the 22nd edition of CABSAT — the leading platform for the broadcast, production, content delivery, digital media, and satellite sectors across the Middle East, Africa and South Asia (MEASA) will continue to drive disruptive innovation, creation, distribution, and monetisation opportunities across the MENA film and audio entertainment media market.
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.
- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation, and implementation.
- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360-degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
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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