Page 10 - TRIMBLE PR REPORT - August 2024

Press Release

Amid Middle East’s booming market

Trimble spearheads advanced connected technology, states

“In construction, time is money”

• UAE construction market is poised to achieve an AAGR of over 3 per cent between

2025-2028
• KSA's construction market is expected to reach USD 91.36 billion by 2029

• The company is expanding its portfolio for construction document management in the

Middle East region

August 27, 2024: Trimble (NASDAQ: TRMB), a global leader in construction technology,

underscored the integral role of advanced technology in meeting project deadlines and

reducing costs, amid the Middle East construction market’s rapid expansion. The company also
announced key updates to its cutting-edge software solutions, which can be seamlessly

integrated with Trimble’s hardware devices and other third-party solutions. By utilising this

integration capability, businesses can streamline workflow, reduce errors, and facilitate
connectivity across all phases of construction to ensure timely project delivery, adhering to

budget constraints.

Trimble stated, "In construction, time truly equates to money," emphasising the importance

of connected construction solutions in expediting project completion. The UAE construction
market is poised to achieve an Average Annual Growth Rate (AAGR) of over 3 per cent between

2025-2028, driven by robust investments in transport, housing, and renewable energy projects.

Similarly, KSA's construction market is projected to reach a valuation of USD 70.33 billion in

2024 and is expected to reach USD 91.36 billion by 2029. These markets present excellent

opportunities for implementing cutting-edge technology that can optimise construction
processes and efficiency.