Company Press Release:
The cable, satellite and telecommunications industry in the Middle East is experiencing explosive growth with industry experts forecasting $30 million sales in the telecommunications industry alone within the next five years.
The 7th Middle East Cable, Satellite & Broadcast Exhibition (CABSAT), the largest event of its kind in the Middle East, will be held at the Dubai World Trade Center from 6th to 8th February 2001 with a view to service the regional industry and highlight fresh opportunities for global players.
"The extremely high level of infiltration of technology in business has prompted an explosive growth of global cable, satellite and telecommunications industries in the past decade. This trend will continue well into the 21st century as new technologies and breakthroughs percolate to the rest of the world and support vertical and horizontal growth across the board," Vijay Menon, international project manager, Dubai World Trade Center, said.
"Several countries in the Middle East have perceived the use of the latest technology as a potent tool to bring about faster overall economic growth. CABSAT will once again offer exhibitors and visitors from across the world yet another opportunity to meet under one roof and on one platform and explore fresh business opportunities," he said.
CABSAT 2001 offers companies already operating in the region and those looking to enter the market a wealth of opportunity, making it essential for those looking to ensure their share of an ever-expanding market. Manufacturers already operating in the region recognize CABSAT as the most cost-effective way to reinforce their position in this very competitive market. Additionally CABSAT offers real potential to develop business with other exhibitors.
A visitor survey has revealed that 87 percent of the visitors regard trade shows as the most valuable source of information on new products and suppliers. More than 35 percent of visitors at CABSAT are from outside the UAE, representing 28 countries.
Visitor profile at CABSAT includes broadcast/transmission, cable operators, construction, defense/military, education, financial services, manufacturing/engineering, satellite operations, TV production, wholesalers & distributors.
Two exhibitions that will run alongside CABSAT 2001 include Broadcast Middle East and the Middle East International Telecommunications Exhibition. Broadcast Middle East is a dedicated equipment exhibition that will feature the latest in broadcast equipment and is attended by the broadcasting industry from all over the Middle East.
The product profile of the show includes animation tools, application software, audio equipment, audio mixers, camera equipment & accessories, cart machines, character generators, composing/editing/effects software, computer graphics, engineering & design, desktop video, digital/video compression, digital video broadcasting, editing controllers, encoders/decoders, HDTV, imagine processing, interactive services, lenses, microphones, multimedia, newsroom automation systems, post production technology, power supplies, project management, rendering and image synthesis software, sound processing systems, storage devices, systems infrastructure, transmission turnkey systems, virtual reality sets, and many other products.
The visitor profile of Broadcast Middle East includes corporate, senior and operations management personnel, program directors, engineering directors, studio directors, sales and marketing. The key people in the industry from the Middle East, North and East Africa, Turkey, Iran, Pakistan and the Indian sub-continent will be targeted.
The exhibitor profile of the Broadcast Middle East includes television & radio stations, satellite and cable operators, government organizations, program producers, channel providers, consultants, distributors & dealers, post-production facility houses.
The 5th Middle East International Telecommunications Exhibition will run alongside the CABSAT due to continuing demand from exhibitors from an industry that is on the path of explosive growth globally.
In a market dominated by PPTs and with major corporations looking to upgrade their existing systems, both mobile and terrestrial, there is a vast business potential and the exhibition provides an opportunity to meet key contacts, decision makers and senior officials in a positive business environment.
As the Gulf States and emerging markets in the region continue to develop and implement new programs, there is a huge demand for the latest in telecommunications technology and this sector continues to remain buoyant.
The profile of the show includes antennas and masts, battery suppliers, billing systems, base stations, cellular switching systems, phone & phone accessories, connectors, cordless telephones, handsets, headsets, intercom systems, messaging handling, modems, multiplexors, network, PABX, packet & pager switching equipment, payphones, power supply, satellite telephones, security systems, smart cards, surveillance & switching systems, videoconferencing and many other products.
Exhibitors at CABSAT 2000 received thousands of trade visitors from a variety of regions including the Middle East, the Far East, Europe, Africa and the Indian Sub-continent. A large number of visitors came from Saudi Arabia that is broadening opportunities for the broadcast, cable and satellite industry.
An industry expert from Taiwan’s Benjamin Electronics said the Kingdom is a market potentially worth $7 million for digital receivers alone. There were a good number of visitors from Lebanon, Jordan, Iran, Egypt and the GCC.
1,700 more trade professionals visited CABSAT 2000 compared to 1999, with over 4,200 visitors in total. Feedback from exhibitors confirmed deals in excess of $13 million were likely to be confirmed.