Page 36 - TRIMBLE PR REPORT - August 2024

Amid Middle East’s booming market
Amid Middle East’s booming market

Trimble spearheads advanced connected technology, states “In construc on, me is money”

UAE construc on market is poised to achieve an AAGR of over 3 per cent between 2025-2028
KSA’s construc on market is expected to reach USD 91.36 billion by 2029
The company is expanding its por olio for construc on document management in the Middle East region

August 27, 2024: Trimble (NASDAQ: TRMB), a global leader in construc on technology, underscored the
integral role of advanced technology in mee ng project deadlines and reducing costs, amid the Middle East
construc on market’s rapid expansion. The company also announced key updates to its cu ng-edge
so ware solu ons, which can be seamlessly integrated with Trimble’s hardware devices and other third-
party solu ons. By u lising this integra on capability, businesses can streamline workflow, reduce errors,
and facilitate connec vity across all phases of construc on to ensure mely project delivery, adhering to
budget constraints.

Trimble stated, “In construc on, me truly equates to money,” emphasising the importance of connected
construc on solu ons in expedi ng project comple on. The UAE construc on 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 construc on market is
projected to reach a valua on of USD 70.33 billion in 2024 and is expected to reach USD 91.36 billion by
2029. These markets present excellent opportuni es for implemen ng cu ng-edge technology that can
op mise construc on processes and efficiency.

Paul Walle , Regional Director of Trimble Solu ons, Middle East, said: “Our advanced connected
construc on solu ons are tailored to address the mul farious challenges faced by the Middle East’s
construc on markets. It is per nent to address cri cal issues such as design accuracy, stakeholder
alignment, and efficient document control and management to ensure precise and mely project
comple on, which will in turn reduce costs. We are also in the process of expanding our innova ve solu on
por olio in the Middle East region.”

With the rise of smart ci es, the demand for eco-friendly and efficient infrastructure is burgeoning. As a
result, governments are seeking solu ons that can facilitate connected and automated infrastructure. In

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