Saudi Arabia Architectural, Engineering, And Construction Services Market Size & Outlook
The architectural, engineering, and construction services market in Saudi Arabia is expected to reach a projected revenue of US$ 2,262.9 million by 2030. A compound annual growth rate of 14.9% is expected of Saudi Arabia architectural, engineering, and construction services market from 2024 to 2030.
Revenue, 2023 (US$M)
$855.2
Forecast, 2030 (US$M)
$2,262.9
CAGR, 2024 - 2030
14.9%
Report Coverage
Saudi Arabia
Global Market
Related Markets
Saudi Arabia architectural, engineering, and construction services market highlights
- The Saudi Arabia architectural, engineering, and construction services market generated a revenue of USD 855.2 million in 2023 and is expected to reach USD 2,262.9 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 14.9% from 2024 to 2030.
- In terms of segment, digital services was the largest revenue generating service in 2023.
- City Planning Services is the most lucrative service segment registering the fastest growth during the forecast period.
Architectural, engineering, and construction services market data book summary
| Market revenue in 2023 | USD 855.2 million |
| Market revenue in 2030 | USD 2,262.9 million |
| Growth rate | 14.9% (CAGR from 2023 to 2030) |
| Largest segment | Digital services |
| Fastest growing segment | City Planning Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Digital Services, Sustainability Services, Technical Engineering, City Planning Services, Built Environmental Advisory |
| Key market players worldwide | AECOM, Autodesk Inc, AVEVA, Gensler, HDR Inc., Hexagon AB ADR, Oracle Corp, Schneider Electric SE, Stantec Inc, Trimble Inc |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.8% of the global architectural, engineering, and construction services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Egypt architectural, engineering, and construction services market is projected to lead the regional market in terms of revenue in 2030.
- Egypt is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2,296.5 million by 2030.
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Publish Date: Oct 15, 2024
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Architectural, Engineering, And Construction Services Market Scope
Architectural, Engineering, And Construction Services Market segmentation & scope
Others
Architectural, Engineering, And Construction Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Oracle Corp | View profile | 164,000 | 2300 Oracle Way, Austin, TX, United States, 78741 | www.oracle.com |
| Schneider Electric SE | View profile | 162,339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | www.se.com |
| Trimble Inc | View profile | 12,700 | 10368 Westmoor Drive, Westminister, CO, United States, 80021 | www.trimble.com |
| Hexagon AB ADR | View profile | 24,091 | Lilla Bantorget 15, Stockholm, Sweden, SE-111 23 | www.hexagon.com |
| AECOM | View profile | 52,000 | 13355 Noel Road, Suite 400, Dallas, TX, United States, 75240 | www.aecom.com |
| Stantec Inc | View profile | 28,000 | 10220 - 103 Avenue NW, Suite 400, Edmonton, AB, Canada, T5J 0K4 | www.stantec.com |
| HDR Inc. | View profile | 5001-10000 | Omaha, Nebraska, United States, North America | www.hdrinc.com |
| Autodesk Inc | View profile | 13,700 | One Market Street, Suite 400, San Francisco, CA, United States, 94105 | www.autodesk.com |
| Gensler | View profile | 5001-10000 | San Francisco, California, United States, North America | www.gensler.com |
| AVEVA | View profile | 5001-10000 | Cambridge, Cambridgeshire, United Kingdom, Europe | aveva.com |
Saudi Arabia Architectural, Engineering, And Construction Services Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Architectural, Engineering, And Construction Services Market Outlook will help companies and investors design strategic landscapes.
Digital Services was the largest segment with a revenue share of 47.44% in 2023.
Horizon Databook has segmented the Saudi Arabia architectural, engineering, and construction services market based on digital services, sustainability services, technical engineering, city planning services, built environmental advisory covering the revenue growth of each sub-segment from 2018 to 2030.
- Saudi Arabia Architectural, Engineering, And Construction Services Market Service Outlook (Revenue, USD Million , 2018-2030)
- Digital Services
- Sustainability Services
- Technical Engineering
- City Planning Services
- Built Environmental Advisory
- Saudi Arabia Architectural, Engineering, And Construction Services Market Sector Outlook (Revenue, USD Million , 2018-2030)
- Energy
- Water & Environment
- Resources
- Transportation Infrastructure
- Real Estate
- Data Centers
- Science & Technology
- Healthcare
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia Architectural, Engineering, And Construction Services Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia Architectural, Engineering, And Construction Services Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Saudi Arabia Architectural, Engineering, And Construction Services Market, 2018-2030 (US$M)
Saudi Arabia architectural, engineering, and construction services market statistics, by service, 2018-2030 (US$M)
