The development and economic action plan of the Kingdom of Saudi Arabia (KSA) is truly remarkable. The planned economic development of the KSA, across every facet of society, via the Vision 2030 initiative will materially change how people live, consume and work within.

The adoption of the world’s leading technologies across the full asset lifecycle and every sector of the built environment, underpins much of the delivery of the “giga-projects.” From the mobility and accessibility of NEOM, to the further amplification of a vibrant tourism industry via projects like the Red Sea projects, Saudi Arabia will be a global leader, in demonstrating how tech can enrich how we use space.

Global Proptech

Reshaping how we live, consume and work

Within the last decade the rate of real estate innovation has grown rapidly, as the utilisation of real estate has shifted. Below are some of the current trends and some fact on the current Proptech market.

Saudi Arabia

A burgeoning economy

The KSA has seen huge transformation in the last 20-30 years and continues to evolve and develop materially across most indicators. It has a youthful population and its use of technology is already part of day-to-day life. Technology will play a pivotal role in the next phase of Saudi Arabia’s growth.