Project management companies in Saudi Arabia continue to strengthen their regional and international presence by adopting advanced digital tools and developing national skills, in line with the objectives of Saudi Vision 2030, which aims to build a diversified economy based on efficiency and innovation.

The project management industry keeps pace with the urban renaissance

The project management sector keeps pace with the urban renaissance

The project management sector in Saudi Arabia is witnessing rapid expansion driven by the Vision 2030 projects that launched an unprecedented development boom in the infrastructure, energy, transportation and housing sectors. The project management market in Saudi Arabia and the UAE reached about $45 billion and $200 million in 2024, with expectations to rise to $83 billion and $700 million by 2034, at an annual growth rate of 6.4%, according to Emergen Research data.

The project management market in Saudi Arabia and the UAE was estimated to reach $45 billion and $200 million in 2024, with an annual growth rate of 6.4%, according to Emergen Research.

Major project management experts stressed that Saudi Arabia has become an attractive environment for global project management companies thanks to the growing size and diversity of projects, and the project management sector in the Kingdom is witnessing a qualitative shift in methodology and performance, explaining that more than 438,000 project management specialists are needed by 2035, according to a report by Saham Capital, which confirms the growing demand for national competencies and the need to invest in training programs and professional accreditation.

Digital transformation of project management

The local market is witnessing a major boom in project management digitization, with project management software revenue rising to $89,800,000 in 2023 and expected to reach $233,800,000 by 2030, according to US research firm Grand View Research.

Artificial intelligence has become a key enabler in the decision-making process, helping to predict risks and improve time and resource management, technical experts explained, emphasizing that the AI market in project management reached $99.8 million in 2023 and is expected to exceed $291 million in 2030.

The AI market in project management reached $99.8 million in 2023 and is expected to exceed $291 million in 2030, according to Grand View Research.

Integration between project management and national companies

The number of registered contracting companies in Saudi Arabia has reached more than 11,400 by 2025, creating a growing network of partnerships with project management companies to implement major projects such as Neom, Qiddiya, Red Sea and The Line, according to Poidata.io data. Economists consider the project management sector to be the backbone of development, reflected in the speed of completion and operational efficiency of projects.

Economic experts consider the project management sector to be the backbone of development, and it is reflected in the speed of project completion and operational efficiency.