Saudi Arabia Building Inspection Services Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030)
Get a Comprehensive Overview of the Saudi Arabia Building Inspection Services Market Report Prepared by P&S Intelligence, Segmented by Service (Home Inspection, Commercial Inspection, Specialty Inspection), Sourcing Type (In-House, Outsourced), and Geographic Regions. This Report Provides Insights From 2019 to 2030.
Saudi Arabia Building Inspection Services Market Data
Market Statistics
Study Period | 2019 - 2030 |
2024 Market Size | USD 182.9 Million |
2025 Market Size | USD 199.0 Million |
2030 Forecast | USD 316.7 Million |
Growth Rate (CAGR) | 9.6% |
Largest Region | Eastern Region |
Fastest Growing Region | Al-Riyadh |
Nature of the Market | Fragmented |
Largest Service | Home Inspection |
Market Size Comparison
Key Players
Key Report Highlights
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Saudi Arabia Building Inspection Services Market Analysis
The Saudi Arabian building inspection services market size will be estimated USD 182.9 million in 2024, and it is projected to reach USD 316.7 million by 2030, growing at a CAGR of 9.6% between 2024 and 2030. This will be due to the increasing construction activities, rising investment in real estate, and surging population in the kingdom.
The increasing population in the country is propelling the demand for houses. According to the International Monetary Fund, in 2022, the population of Saudi Arabia was 32.17 million, and in 2023, it was 32.82 million, which is around 2% higher than the previous year. This raises the demand for housing and commercial spaces for natives as well as expatriates. Inspection services are required for residential and commercial buildings as they play a crucial role in ensuring the safety and quality of these structures.
A home inspection can reveal potential issues, such as with the safety of the building, helping people make informed decisions related to pricing. Further, in certain cities of the kingdom, such procedures are either mandated by law or recommended during the purchase process.
Saudi Arabia Building Inspection Services Market Trends and Drivers
Remote Inspections and Virtual Assessments Are Key Trends
- COVID-19 revolutionized the market by giving the opportunity for remote inspections via using digital tools. This helped minimize human effort and ensure the continuity of business during that time.
- Virtual assessments and remote inspections lead to a lower overall cost of the process. Further, the results of inspection and documentation can be shared electronically, which eliminates the need for paper-based processes and the physical exchange of documents.
- Digital tools allow inspectors to provide inspection reports through videography, images, and notes, which can be easily shared with stakeholders electronically.
- By eliminating the cost of traveling and reducing the time required for on-site inspections, service providers can offer more-competitive pricing. Clients also benefit from reduced disruption to their operations and lower overall inspection costs.
Infrastructure Development Is Prominent Driver for Market
- Infrastructure development in Saudi Arabia, reflected in the construction of new cities, such as NEOM; residential complexes, and industrial settings, propels the need for building inspection services. They ensure the quality of construction and structural integrity. According to the National Development Fund Saudi Arabia, the government announced around 1,429 infrastructure projects in 2022.
- The Government of Saudi Arabia is focusing on regulations to enhance safety standards in the construction sector. Resultingly, there is a growing demand for building inspection services to ensure that the structures fulfill the implemented codes and regulations.
Labor Shortage Can Retard Market Growth
- The limited availability of skilled laborers can hinder the market growth in the country. Laborers must have knowledge of structural engineering, electrical systems, and other aspects to carry out the inspection of buildings. Recruiting and retaining qualified inspectors poses a challenge for service providers.
- The large area of the country creates a major challenge for building inspectors to reach buildings, especially in remote areas. Limited road networks and internet connectivity may further resist the conduction of inspection and thereby hinder the growth of the market.
Saudi Arabia Building Inspection Services Market In-Depth Segmentation Analysis
By Service
- The home inspection category holds the largest share in 2024, of 45%, and it is expected to remain the largest and grow with a CAGR of 10.0% during 2024–2030. A comprehensive home inspection package often includes an assessment of exterior components, electrical systems, roofs, interior & exterior foundations, heating & cooling systems, plumbing systems, attics, basements & crawl spaces, and other areas and elements.
- The specialty inspection category holds a significant share as these services may include sewer & septic systems, roof, lawn irrigation, property preservation, and yearly maintenance assessments. The demand for these procedures is experiencing growth due to the increasing awareness among consumers of these specific issues.
The services covered in the report include:
- Home Inspection (Largest and Fastest-Growing Category)
- Commercial Inspection
- Specialty Inspection
- Others
Sourcing Type Insights
- The outsourced category accounts for the larger share, of 65%, in the Saudi Arabian building inspection services market. It is also expected to grow with the higher CAGR over the forecast period, of 9.8%. This is because dedicated service providers have greater expertise in inspection compares to in-house employees Outsourcing to a third party not only ensures a higher quality of services but also allows companies to not be bothered by such ancillary tasks, instead allowing them to focus on their core operations.
- Dedicated building inspection companies have a dedicated team with ample knowledge of prevailing regulations and inspection practices, which leads to higher accuracy during the process.
The following sourcing types are included in the report:
- In-House
- Outsourced (Larger and Faster-Growing Category)
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Al-Riyadh Is Largest Province
- Al-Riyadh is expected to grow with the highest CAGR, of 10.2%, over the forecast period. This is attributed to the high number of households in this province and the increasing number of industrial and commercial settings.
- Residential construction activity in Riyadh is increasing with the public and private investment in housing programs. For instance, in May 2023, Saudi Arabia’s Municipal, Rural Affairs & Housing Ministry announced the beginning of the construction of around 108,000 units in and around Riyadh over five years, with an investment of SR 72 billion.
- The Eastern province accounts for the largest share, of 40%, in 2024. It is the largest province in Saudi Arabia and witnessing a massive increase in the scale of construction activities amidst stringent laws for building, environmental, and occupant safety.
The provinces analyzed in this report include:
- Al-Riyadh (Fastest-Growing Province)
- Makkah
- Al-Madinah
- Al-Qaseem
- Eastern Region (Largest Province)
- Aseer
- Tabouk
- Hayel
- Northern Border
- Jazan
- Najran
- Al-Baha
- Al-Jouf
Market Nature – Fragmented
The Saudi Arabian building inspection services market is fragmented in nature with the presence of numerous small and medium-sized companies offering such services. However, as the market matures and regulatory standards become more stringent, consolidation may occur, with big companies acquiring smaller ones or expanding their market share.
Top Building Inspection Service Providers in Saudi Arabia:
- TIC Group
- PILLER ARABIAN CO
- Applus+ Servicios Tecnológicos SL
- HQTS Group Ltd.
- SGS Société Générale de Surveillance SA
- Saudi Inspection and Testing Company
- Golden Paramount Trading Co.
- Building Rank Group
- Apave Group
- Hill International Inc.