Mega events to help boost Dubai tourism revenue to $44bn
Virtual reality concerts and matches, augmented reality apps and immersive audiovisual will catalyze $44 billion in UAE tourism receipts by 2020, and transform the live entertainment and mega-event experience for millions of people across the Middle East and Africa. With the UAE enhancing its role as a global leisure, tourism, and entertainment hub, it is set to welcome 25 million visitors for Expo 2020 Dubai, and draw $44 billion in international tourism receipts by 2020, or 51 per cent growth from 2016, according to BMI Research.
Thanks to mega-projects such as the UAE’s Bluewaters Island, Expo 2020 Dubai, and the Warner Brothers theme park, the Middle East and North Africa’s $4 trillion construction market is the world’s fastest-growing, according to reports by BMI Research and PwC.
“The Middle East and North Africa is one of the world’s fastest-growing live event markets. The UAE has the potential to leapfrog established European and North American markets in using the latest audiovisual innovations to transform the visitor experience,” said Dan Bolton, president of the International Live Events Association Middle East.
As a result, the Middle East’s professional audiovisual market is one of the world’s fastest-growing at 15 per cent CAGR, reaching $2.8 billion in 2016, with the UAE as the region’s largest at $1.2 billion in 2016, according to a report by InfoComm International, organizers of InfoComm Middle East and Africa, the region’s largest professional audiovisual event.
Augmented and Virtual Reality to Transform Live Events
InfoComm MEA 2017 will be held under the theme of “See the Future of Networked Communications,” showcasing the latest audiovisual solutions and knowledge across audio, digital signage, and immersive technologies such as augmented reality and virtual reality.
Experts agree that thanks to the Middle East and North Africa’s ICT infrastructure, along with the region being the world’s second-fastest market in smartphone adoption, according to industry group GSMA, virtual and augmented reality can transform the live event experience.
“With the Middle East and North Africa’s strong investment and innovative mindset, Expo 2020 Dubai and Morocco’s potential hosting of the 2026 World Cup present strong opportunities to showcase how virtual and augmented reality can deliver immersive mega-event experiences. Fans can be in the front row at a match or concert, and receive geo-location offers in venues,” said Shujat Mirza, chapter president – Dubai at the global association Virtual Reality/Augmented Reality Association.
One exhibitor, Shure, deployed the networked wireless microphone solution for the NYU Abu Dhabi Arts Center, one of the UAE’s largest and most advanced indoor performing arts hubs, and is exchanging best practices from the Salzburg Festival, Bregenz Festival, and Tony Awards.
“Wireless systems are essential to modern production values. From live performance to big shows, corporate conferences to sport events, wireless systems are everywhere. InfoComm MEA is the leading event to drive new business leads and showcase the latest innovations to savvy business leaders across the Middle East and Africa,” said Freddy Sicko, General Manager for Shure Middle East and Africa.
