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The Why: Big Builders, Bigger Ambitions-and the Innovation Gap If you’re a leading developer or contractor in Saudi Arabia, you’re racing to deliver on a once-in-a-century build-out.

Turning Innovation Into Impact

  • NeoCity
  • November 23, 2025
  • 1:43 pm
  • No Comments

The Kingdom’s construction market is ~US$78.6B in 2025 and still growing, powered by giga-projects that are moving from concept to reality. Yet, the industry’s long-standing productivity problem hasn’t magically disappeared: global construction still leaves as much as $1.6T of value on the table each year due to lagging productivity, according to McKinsey & Company. Inside large enterprises, legacy systems and technical debt quietly tax progress, the average global enterprise wastes ~$370M a year wrestling with obsolete stacks and slow modernization. No surprise, then, that about 70% of digital transformations fail to meet their objectives. Execution, not vision, is the culprit.

This is precisely where We operate. We run a fast, forensic Innovation Audit to map process bottlenecks, data silos, compliance constraints, and “last-mile” realities on your sites. Then we benchmark needs against the market: PropTech is scaling from ~$40B in 2025 toward $88B by 2032, and ConTech/AI is compounding even faster. AI in construction alone is projected to grow from $2.9B (2023) to $17B (2030) (other analyses place 2025 at $11B, heading to $24B by 2030) according to Fortune Business.

Meanwhile, the broader AI wave is reshaping capex and competitiveness. AI infrastructure spent by hyperscalers could top $2.8T by 2029, and analysts estimate AI could add ~$20T to global GDP by 2030. 

The message: the winners will be the organizations that make AI and automation real on the ground, not just on slides.

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