Saudi Arabia Surveying and Mapping Services Market (2022-2028) | Share, Growth, Revenue, Size, Industry, Outlook, Forecast, Analysis, Trends, Value, Segmentation & COVID-19 IMPACT

Saudi Arabia Surveying and Mapping Services Market Synopsis

Saudi Arabia Surveying and Mapping Services Market is anticipated to experience growth owing to multiple factors. The key factors driving the growth of this market are the rapid urbanization & infrastructure development in the country coupled with increasing government initiatives for the development of smart cities. The end-users for the Saudi Arabia Surveying and Mapping Services market comprises government organizations, private companies, and academic institutions others (NGOs).

According to 6Wresearch, the Saudi Arabia Surveying and Mapping Services Market size is expected to grow during 2022-2028. Surveying and mapping services are professional services which are required for creation of maps and plans. It generally includes land surveying, hydrographic surveying, photogrammetry, remote sensing, and cartography.

Saudi Arabia is the largest market for surveying and mapping services in the Middle East & Africa region. The Kingdom has been witnessing strong economic growth over the past few years, which has resulted in increased government expenditure on infrastructure development. This is expected to continue over the forecast period, resulting in strong demand for surveying and mapping services.

The Saudi Arabia surveying and mapping services market is segmented into six major segments: aerial surveying, terrestrial surveying, hydrographic surveying, geodetic surveying, photogrammetric mapping, and cartographic mapping. Aerial surveys are conducted using aircrafts or drones, while terrestrial surveys are conducted using ground-based systems. Hydrographic surveys are used to map water bodies, while geodetic surveys are used to determine the size and shape of the earth. Photogrammetric mapping involves the use of photographs to create maps, while cartographic mapping involves the use of traditional mapmaking techniques.

Mapping services are the most popular among the surveyed regions in Saudi Arabia owing to increased demand for 3D mapping for infrastructure development and land management purposes. Urban mapping services accounted for the largest share of the total market in 2016. The growth of surveying services is mainly due to rising investments in oil & gas exploration activities in Saudi Arabia.

Market Driving Forces for the Saudi Arabia Surveying and Mapping Services Market

The topography of Saudi Arabia is unique and diverse, making surveying and mapping services an essential part of infrastructure development in the country. The Kingdom has been investing heavily in infrastructure projects in recent years, as part of its Vision 2030 economic diversification strategy. This has created significant opportunities for companies providing surveying and mapping services.

The Saudi government has set ambitious targets for infrastructure development, including the construction of 500,000 new homes and 100 new hospitals by 2030. This will require significant investment in surveying and mapping services to plan and design these projects. In addition, the government is planning to invest over $500 billion in transport infrastructure by 2035, which will also drive demand for these services.

The oil and gas sector is another key driver for the Saudi Arabia Surveying and Mapping Services Market growth. The country has the world’s largest reserves of oil and gas, and companies operating in this sector require accurate data to support exploration and production activities. Surveying and mapping services providers are therefore expected to benefit from strong demand from the oil and gas industry over the forecast period.

Restraints and Challenges for the Saudi Arabia Surveying and Mapping Services Market

The major factor restraining the Saudi Arabia Surveying and Mapping Services Market revenue is the stringent government regulations regarding surveying and mapping activities. Lack of skilled workforce is another challenge faced by the market players operating in this market.

Restraints faced by the market players include a lack of skilled manpower, which limits their expansions in certain geographies. Moreover, stringent environmental regulations pose another challenge to the market players.

Impact of COVID-19 on the Saudi Arabia Surveying and Mapping Services Market

The COVID-19 pandemic has significantly impacted the Global surveying and mapping services market. As a result, several companies have either ceased operations or are curtailing their activities. This is likely to have a negative impact on the overall market growth rate over the next few years. There is a risk that some smaller players will go out of business, and this could lead to increased prices for services as well as reduced quality.

Additionally, there is a possibility that larger firms will take advantage of the situation by increasing their prices or by encroaching on the territory of their competitors. Overall, it is expected that the surveying and mapping services market in Saudi Arabia will experience significant contraction during the next few years as a result of COVID-19.

Market Analysis Based on Distribution Channel

Based on Distribution Channel, the Online survey services segment are the major contributors to the Saudi Arabia Surveying and Mapping Services Market share, accounting for more than two-thirds of the total market volume. The increasing popularity of online surveys among businesses is likely to drive growth in this market segment. Offline survey services are also growing rapidly, but they account for a smaller share of the overall market volume due to their high-cost relative to online surveys.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2018 to 2021.
• Base Year: 2021.
• Forecast Data until 2028.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Saudi Arabia Surveying and Mapping Services Market Outlook
• Market Size of Saudi Arabia Surveying and Mapping Services Market, 2021
• Forecast of Saudi Arabia Surveying and Mapping Services Market, 2028
• Historical Data and Forecast of Saudi Arabia Surveying and Mapping Services Revenues & Volume for the Period 2018 - 2028
• Saudi Arabia Surveying and Mapping Services Market Trend Evolution
• Saudi Arabia Surveying and Mapping Services Market Drivers and Challenges
• Saudi Arabia Surveying and Mapping Services Price Trends
• Saudi Arabia Surveying and Mapping Services Porter's Five Forces
• Saudi Arabia Surveying and Mapping Services Industry Life Cycle
• Historical Data and Forecast of Saudi Arabia Surveying and Mapping Services Market Revenues & Volume By Distribution for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Surveying and Mapping Services Market Revenues & Volume By Online for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Surveying and Mapping Services Market Revenues & Volume By Offline for the Period 2018 - 2028
• Saudi Arabia Surveying and Mapping Services Import Export Trade Statistics
• Market Opportunity Assessment By Distribution
• Saudi Arabia Surveying and Mapping Services Top Companies Market Share
• Saudi Arabia Surveying and Mapping Services Competitive Benchmarking By Technical and Operational Parameters
• Saudi Arabia Surveying and Mapping Services Company Profiles
• Saudi Arabia Surveying and Mapping Services Key Strategic Recommendations 

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Distribution

• Online
• Offline

Saudi Arabia Surveying and Mapping Services Market: FAQs