Europe, Middle East and Africa Markets

IBC2024 today announced the winners of its prestigious IBC Innovation Awards, honouring the ground-breaking work of organisations transforming the media, entertainment and technology landscape. The Innovation Awards, which recognise collaborative efforts to develop solutions that address real-world industry challenges, were presented today at an early evening ceremony in the RAI Amsterdam.

Es’hailSat is participating in the annual IBC exhibition in Amsterdam, which serves as the premier platform for the broadcast, content delivery, digital media, and satellite sectors spanning the Middle East, Africa, and Asia. During the event, Es’hailSat will showcase its satellites, Es’hail-1 and Es’hail-2, along with the cutting-edge 50,000 sqm teleport in Doha. At present, Es’hail-1 and Es’hail-2 are actively transmitting high-quality, premium DTH television content from the 25.5°/26° East hotspot. 

The media and entertainment market in the Middle East is enjoying rapid growth particularly when compared to the rest of the world.  Currently worth US$41.13 billion, according to the research firm Mordor Intelligence, and projected to grow to US$59.1 billion in the next five years, a compounded annual growth rate (CAGR) of 9.41%.  In contrast, the latest Global Media and Entertainment Report from Price Waterhouse Coopers, indicates that global revenue from this sector is projected to grow at a significantly lower CAGR of 3.9%.