Saudi Arabia Smart Cities Market Size, Share | Trends Report 2025-2033

Saudi Arabia Smart Cities Market Overview

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Growth Rate: 9.2% (2025-2033)

The Saudi Arabia smart cities market is witnessing significant growth, driven by the nation's Vision 2030 initiative, which emphasizes technological innovation, urban sustainability, and enhanced quality of life through intelligent infrastructure development. According to the latest report by IMARC Group, Saudi Arabia smart cities market size reached USD 13,209.6 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 29,228.7 Million by 2033, exhibiting a growth rate (CAGR) of 9.2% during 2025-2033.

Saudi Arabia Smart Cities Industry Trends and Drivers:

The smart cities marketplace in Saudi Arabia is growing rapidly, influenced by government initiatives like Vision 2030, which seek to spur urban innovation and sustainability. The roll-out of smart city projects such as NEOM, and the smart transformation of Riyadh into a smart city, includes the incorporation of new and emerging technologies such as IoT, AI, and renewable energy resources to enhance urban living. These smart city projects aspire to improve efficiency around transportation, energy management, and public services in communities that also entice residents and prospective investors alike. Collaborating with global tech firms has allowed these projects to quickly develop smart city infrastructure such as automated traffic systems and energy-efficient buildings. Through advancements in innovation, these smart cities offer new and vibrant urban connectedness, appealing to a technologically savvy population.

The rise of smart cities will also benefit from a young, digitally fluent generation who can more easily seek out contemporary, sustainable ways of life. High-speed internet and 5G networks will promote affordable connectivity between people, and platforms that support innovative solutions, such as smart homes and real-time data/analytics in urban planning. The government policies contribute to creating a friendly environment as well, as they invest in digital infrastructure and partner with the private sector. In addition, sustainability has become a commonplace investment alongside the more standard investments that are support similar world efforts while simultaneously developing smart cities that include parks with trees, pathways that promote walking, and transportation methods that are less polluting. Therefore, these projects are evolving the meaning of urban life for Saudi Arabia and enhancing their status as innovative city development leaders in region.

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Saudi Arabia Smart Cities Industry Segmentation:

The report has segmented the market into the following categories:

Focus Area Insights:

• Smart Transportation
  • Smart Ticketing
  • Traffic Management System
  • Passenger Information Management System
  • Freight Information System
  • Connected Vehicles
  • Others
• Smart Buildings
  • Building Energy Optimization
  • Emergency Management System
  • Parking Management System
  • Others
• Smart Utilities
  • Advanced Metering Infrastructure
  • Distribution Management System
  • Substation Automation
  • Others
• Smart Citizen Services
  • Smart Education
  • Smart Healthcare
  • Smart Public Safety
  • Smart Street Lighting
  • Others

Regional Analysis:

• Northern and Central Region
• Western Region
• Eastern Region
• Southern Region

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key highlights of the Report:

• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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