Page 12 - TRIMBLE PR REPORT - May 2024
P. 12
Press Release
Trimble’s advanced construction technology set to transform
GCC projects ahead of EXPO 2030
• The construction market in Saudi Arabia is forecasted to reach USD 91.36 billion by
2029
• Ahead of Riyadh Expo 2030, the company is redefining large-scale construction
standards with advanced solutions and state-of-the-art projects.
May 20, 2024: Trimble (NASDAQ: TRMB), a leader in construction technology, is poised to
revolutionise the construction industry in the GCC region ahead of Riyadh Expo 2030. With
its advanced suite of solutions, the company is paving the path for the development of state-of-
the-art projects in the region. With various construction companies set to leverage the
advanced solutions offered by Trimble, the company is bolstering its efforts to further integrate
its range of innovative technologies in GCC region’s construction market.
Leveraging its long-standing potential in connected construction and Building Information
Modelling (BIM) technology, Trimble has redefined the standards of large-scale construction
project execution and completion. The company’s broad suite of software services includes
Tekla Structures, Tekla Structural Designer, Tekla Tedds, Tekla PowerFab, Tekla Model
Sharing for Tekla Structures, and Trimble Connect.
Additionally, Trimble provides a wide range of MEP products for complete project information
management that transforms workflows from the office to the field. An Award-Winning
Common Data Environment, Viewpoint For Projects is a powerful construction management
tool that enables businesses to manage project documentation and communications. Viewpoint
Field View ensures productivity by cutting administrative work back in the office. The line-up
of Trimble’s software solutions has been instrumental in optimising operations, ensuring cost-
effectiveness, and timely delivery of projects.
According to reports, Saudi Arabia’s construction market is expected to reach USD 91.36
billion by 2029, a rise from an estimated USD 70.33 billion in 2024. With several projects in
the pipeline, the market is expected to grow at a compound annual growth rate (CAGR) of 5.37