Global growth consulting firm Frost & Sullivan is a Knowledge Partner for CABSAT 2017, the leading conference and exhibition for broadcast and digital media industry in the MENA. Frost & Sullivan’s Director of Digital Media, Vidya S Nath will present the key highlights of its State of the Industry Report and moderate a panel with speakers from Fox International and Gracenote to discuss if broadcasters and Pay TV providers in the region are prepared for the disruptions in the industry, and how Over-the-top (OTT) and pay TV services will transform the MENA broadcast ecosystem. Frost & Sullivan will also release a “State of the Industry” report on MENA media, Growth in Pay TV and OTT video services amidst looming piracy challenges, during the launch of the event.
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While live streaming, remote production with cloud deployment, transition from serial digital interface (SDI) to Internet Protocol (IP), and higher adoption of high definition (HD) are paving way for Ultra HD/4K TV viewing, broadcasters are still plagued by falling advertising revenues, plenty of free-to-air offerings, and competitive pressures to launch OTT services.
“There is a high appetite for good quality international and exclusive Arabic as well as Western content among the tech-savvy population in MENA,” noted Frost & Sullivan Digital Media Research Director Vidya S Nath. “Customer experience and user interface in the OTT industry, on the other hand, is not effectively streamlined, accessible or user-friendly. OTT companies must adopt effective methods for personalization, customization and analytical tools to ensure faster growth.”
Nath finds that despite the abundance of free to air services and several international sites offering pirated content, consumers will be willing to pay for content if it is valuable. While sports is the bastion for pay TV growth in the region, it cannot by itself fuel mass pay TV adoption and accelerate revenue.
As pay TV operators continue their efforts in terms of content acquisition and packages focused on regional audience, the market will gather steam beyond 2020. Potential opportunities include:
· Need for premium online content that producers can leverage
· Technology solutions for live streaming with lowest latency period and high compression standards
· Cloud and adopt IP-based workflows that will help broadcasters optimize their delivery
· High-caliber content encryption solutions that protect producers against revenue losses from piracy
“Strategic alliances between ecosystem players will determine the market leaders,” iterated Nath. “The defining service provider will have a strategic combination between local and international OTT content at a competitive price and a sophisticated, user-friendly pay TV interface to capture the masses. The TV market in the region has immense growth opportunities in the long-run and will look very different within a decade.”
To register for CABSAT 2017, which is strictly for trade and business only, visit the event website at www.cabsat.com.
About CABSAT
The 23rd edition of CABSAT, running 21-23 March, 2017 at Dubai World Trade Centre (DWTC), makes it the leading platform for the broadcast, production, content delivery, digital media, and satellite sectors across the Middle East, Africa and South Asia (MEASA). The event fosters disruptive innovation, creation, distribution, and monetization opportunities across the MENA film and audio entertainment media market.
About Frost & Sullivan
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