Saudi Arabia 2020 – Long Term Opportunities in the Middle East’s Biggest Market – MEED Insights

Powered by

All the vital news, analysis, and commentary curated by our industry experts.

Saudi vision disrupted by Covid-19 but goals remain the same

On 26 March 2020, King Salman bin Abdulaziz al-Saud chaired an emergency summit of G20 leaders to address the devastation being caused by the coronavirus (Covid-19) pandemic. The crisis meeting came three weeks after Riyadh upset the global economic order when it said that it was increasing oil production to record levels following the collapse of the agreement between the Opec+ group of oil producers to cap oil output to prop up oil prices. The result was a crash in oil prices.

Saudi Arabia is without question, the most important market in the Middle East. As the region’s biggest economy and home of Islam’s most important sites, the kingdom dominates the regional landscape. The events in March 2020 provide a reminder, if one was needed, that Riyadh is also a key actor on the global stage, and that it is no longer content to operate quietly in the backroom of global politics.

Despite decades of diversification initiatives, the Saudi economy remains dependent on government spending, and on oil. That is changing. The launch in April 2016 of the kingdom’s Vision 2030 reform agenda set a new path for a more diversified, private sector-led economy. In October 2017, Riyadh unveiled a series of ‘gigaprojects’, including the $500bn Neom future city, to drive investment and business opportunities. In late 2019, a new round of reforms opened up the tourism market.

Critical to the vision are the country’s $1.4 trillion of major projects planned or under construction. Saudi Arabia is by far the biggest projects market in the region, nearly double the size of the next largest market, the UAE. The kingdom is home to almost half of all projects planned in the GCC. But the collapse in global economic activity caused by the Covid-19 crisis, and the subsequent crash in oil prices has raised questions about the prospects for Vison 2030 and the Saudi projects sector. In the short-to-medium term, Riyadh’s diversification drive will be severely disrupted. The crisis has introduced urgent economic and health challenges at home and abroad that must take priority.

The fall in oil revenues coupled with massive stimulus spending and monetary easing initiatives aimed at mitigating the economic disruption will rewrite the kingdom’s fiscal and business landscape for years to come. Riyadh will continue to invest, but its priorities have shifted. Social infrastructure and oil and gas projects now have the highest priority. Investment will continue, but the pace of spending will slow. Rising budget deficits will force Riyadh to increase borrowing and tap new sources of finance. Budgets will be rewritten to minimise deficit and debt growth.

Over the long term, Saudi Arabia’s strategic goals are unchanged. The kingdom’s growing population of over 32 million people is driving demand for all kinds of goods and services, ranging from consumer products, to electricity, healthcare services and infrastructure. It is also driving the need for new jobs for the kingdom’s young people. Riyadh must get Vision 2030 back on track as quickly as possible.

Written by MEED, the Middle East market experts within the GlobalData Group, "Saudi Arabia 2020 – Long-term opportunities in the Middle East’s biggest market" has been updated in April 2020 to consider the impact of coronavirus on the Saudi economy. It provides a comprehensive guide for companies seeking to work in Saudi Arabia. Covering oil & gas, petrochemicals, power, construction, water, manufacturing and transport, the report is a powerful resource for anyone seeking to find opportunities, understand risks and set strategy in Saudi Arabia.

Scope

The report provides a comprehensive snapshot of the region’s biggest projects market at the start of 2020 and examines the immediate impact of Covid-19 on the country’s outlook, as well as an assessment of the long-term opportunities for business, investment and projects in the kingdom.

The report is of extreme high-value to anyone seeking to identify opportunities, understand risks and set strategy in the Middle East’s biggest projects market.

Reasons to Buy

Detailed assessment of the long term opportunities for business and projects in the Middle East’s biggest market

Comprehensive review of the impact of Covid-19 on the Saudi market

Outlook for policy and investment in the kingdom

Projects opportunities with client and procurement details

Investment drivers and client spending plans

Understand risks and set strategy in the Mena oil and gas market

Complete assessment of the economic outlook for the kingdom

Update on the Vision 2030 reform agenda

Detailed analysis of all the major business sector in the kingdom including: oil & gas; power & water; construction, petrochemicals, transport and lots, lots more

Table of Contents

Table of Contents

1. The impact of coronavirus on Saudi Arabia

1.1 Covid-19 in Saudi Arabia

1.2 Economic outlook

1.3 Riyadh’s response to Covid-19

1.4 Impact of Covid-19 on government expenditure

1.5 Impact of Covid-19 on Vision 2030

1.6 Impact on project spending

2. Economic transformation

2.1 Vision 2030: Progress Report

2.2 Vision 2030 targets

2.3 National Transformation Programme (NTP)

3. Government

3.1 Domestic politics

3.2 Regional diplomacy and conflict

3.3 International relations

3.4 Saudi Arabia and global oil markets

3.5 Economic and social developments

4. Economy

4.1 GDP

4.2 Inflation

4.3 Oil production

4.4 Government finances

4.5 Trade flows

4.6 Banking and monetary policy

4.7 Stock market

4.8 Foreign direct investment

4.9 Labour market

4.10 The economy in 2018-20

4.11 MEED forecast to 2020

4.12 Saudi Aramco IPO

4.13 The IMF view

4.14 Credit ratings agencies

5. Projects market

5.1 Overview

5.2 Spending drivers

5.3 Outlook

5.4 Leading contractors

5.5 Leading clients

5.6 Megaprojects

6. Oil and Gas

6.1 Overview

6.2 Structure

6.3 Saudi Aramco

6.4 Upstream Oil

6.5 Gas

6.6 Refining

6.7 Projects Market

6.8 Leading Contractors

7. Petrochemicals

7.1 Overview

7.2 Key Companies

7.3 Projects Market

7.4 Leading Contractors

8. Mining and natural resources

8.1 Overview

8.2 Restructuring of the mining sector

8.3 Investment

8.4 Gold and base metals

8.5 Phosphate

8.6 Aluminium and bauxite

8.7 Industrial minerals

8.8 Exploration

8.9 Vision 2030 targets

8.10 Talent and experience

9. Industry

9.1 Overview

9.2 Diversification

9.3 Automotive

9.4 Polysilicon

9.5 Cement

9.6 Steel

9.7 Aluminium

9.8 Fertilisers

9.9 Defence

9.10 Outlook

10. Power

10.1 Overview

10.2 Industry structure

10.3 Privatisation

10.4 Supply and demand trends

10.5 Efficiency drive

10.6 Decommissioning programme

10.7 Fuel and alternative energy

10.8 Transmission and distribution network

10.9 Leading contractors

11. Renewable energy

11.1 Overview

11.2 Renewable capacity and generation

11.3 Renewable energy policy

11.4 Projects

12. Desalination

12.1 Overview

12.2 Market structure

12.3 Supply/demand

12.4 Saline Water Conversion Corporation (SWCC)

12.5 Private developers

12.6 Future private projects

12.7 Decommissioning

12.8 Future projects

12.9 Privatisation

13. Wastewater

13.1 Overview

13.2 Management contracts

13.3 Past and future spending

13.4 Groundwater

13.5 Treated sewage effluent

13.6 Marafiq

14. Construction

14.1 Overview

14.2 Projects market

14.3 Contractors and the government

14.4 Public-private partnership (PPP) projects

14.5 Real estate

14.6 Healthcare

14.7 Education

14.8 Roads

15. Tourism

15.1 Overview

15.2 Vision 2030 and the tourism sector

15.3 Key trends

15.4 Cultural tourism

15.5 Hospitality

15.6 Leisure projects

15.7 Retail projects

16. Rail

16.1 Overview

16.2 Railway masterplan

16.2 Structure of the rail industry

16.3 Opportunities and challenges

16.4 Mainline rail infrastructure

16.5 Metro/light rail transit

16.6 Monorail

17. Aviation

17.1 Airport projects

17.2 Market liberalisation

18. Ports

18.1 Sector drivers

18.2 Major ports

18.3 Projects and investments

18.4 Port-rail links

18.5 Privatisation

18.6 Public-private partnerships

18.7 Vision 2030 targets

19. Doing Business

19.1 Foreign Direct Investment in Saudi Arabia

19.2 Trading with Saudi Arabia

19.3 Doing business with the public sector

19.4 The role of Saudi Aramco IPO and tourism in reforms and privatisation

19.5 Saudi Arabia’s Privatisation Push

19.6 Taxation

19.7 Employment law

19.8 Intellectual property

19.9 Enforcing contracts, resolving disputes, and liquidating a business

19.10 New Competition Law, 2019

19.11 New Franchise Law, 2019

Disclaimer

Table

List of Tables

Table 1: Vision 2030 goals under the theme 'A Thriving Economy'

Table 2: Phase 1 of the NTP

Table 3: Spending plans by entity under phase 1 of NTP

Table 4: Council of Ministers

Table 5: Saudi GDP by key economic sector, 2018

Table 6: Government budgets 2018−19 (SRbn)

Table 7: Biggest contracts awarded in 2019

Table 8: Largest projects due for award in 2020

Table 9: Saudi Arabia key facts and figures, 2018

Table 10: Saudi Arabia,oil and gas projects under execution by Saudi Aramco, 2020-2025

Table 11: Saudi Arabia crude oil exports by region, 2018 (%)

Table 12: Saudi Arabia LTA offshore contracts signed (2019)

Table 13: Fuel price reforms, January 2018

Table 14: Aramco domestic refining joint ventures

Table 15: Aramco overseas refining joint ventures

Table 16: Saudi Arabia major refinery projects

Table 17: Top oil and gas projects in pre-execution phases (as of January 2020)

Table 18: Selected petrochemicals projects

Table 19: Top petrochemical projects planned (as of January 2020)

Table 20: Maaden production output in 2016-2017

Table 21: Maaden production output in Q1-Q3 2019

Table 22: Key Saudi mining companies

Table 23: Maaden gold production (ounces), 2016−2018

Table 24: Mining projects planned and underway*

Table 25: Selected pre-execution industrial projects in Saudi Arabia, January 2020

Table 26: Saudi Arabia power sector key facts, 2018

Table 27: SEC Privatisation – Functions of new unbundled companies

Table 28: Major active thermal power generation plants in Saudi Arabia

Table 29: Private power projects, planned and underway, January 2020

Table 30: Selected T&D contract awards, 2018-2019

Table 31: Technical bidders for the Saudi Arabia-Egypt Interconnection

Table 32: Transmission & distribution infrastructure, 2013−2018

Table 33: Number of transmission substations, 2013-2018

Table 34: Saudi Arabia upcoming power transmission projects by value ($m)*

Table 35: Saudi Arabia leading contractors by value, 2019

Table 36: Saudi Arabia, Repdo renewables projects – Round 2, 2020

Table 37: Saudi Arabia renewable power sector key facts, 2018

Table 38: Repdo renewable energy projects by capacity (MW) and value ($m), 2020*

Table 39: Repdo third round projects

Table 40: List of bidders with prices for the 300MW PV solar project at Sakaka

Table 41: List of bidders with price for the 400MW wind scheme at Dumat al-Jandal

Table 42: Saudi Arabia, renewable energy projects ($m) under execution, 2020*

Table 43: Saudi Arabia, upcoming renewable energy projects ($m), 2020*

Table 44: Saudi Arabia, total water demand (million cm/d per year)

Table 45: Saudi Arabia, new SWPC desalination projects

Table 46: Major desalination plants operated by SWCC and other organisations, 2019

Table 47: Major SWCC desalination plants under construction

Table 48: Existing IWPPs

Table 49: Future projects

Table 50: Planned SWCC transmission pipelines

Table 51: Saudi Arabia, desalination projects in pre-execution stage ($m), January 2020

Table 52: Cities under NWC's mandate

Table 53: Planned O&M clusters

Table 54: Existing and planned large-scale STPs, 2017

Table 55: Planned PPP sewage treatment plants

Table 56: Planned potable water field projects

Table 57: NWC estimated capital spending programme, 2013−17

Table 58: TSE contracts*

Table 59: TSE MoUs

Table 60: Selected major contract awards in 2019

Table 61: Major construction projects on hold in Saudi Arabia

Table 62: Largest construction projects due for award in 2020

Table 63: Major real estate projects expected to be awarded in 2020

Table 64: The $68bn Saudi Housing Project – packages planned and underway

Table 65: Selected healthcare projects planned

Table 66: Unawarded education projects

Table 67: Unawarded road projects

Table 68: Major tourism projects on hold

Table 69: Selected tourism contract awards in 2019

Table 70: Largest tourism projects due for award in 2020

Table 71: Unawarded cultural tourism projects

Table 72: Selected hospitality projects planned

Table 73: Selected leisure projects planned

Table 74: Selected retail projects planned

Table 75: Saudi Arabia major railway projects planned and underway

Table 76: North-South Railway projects planned and underway

Table 77: Major planned and underway metro projects in Saudi Arabia

Table 78: Consortiums on the Riyadh Metro

Table 79: Riyadh Metro Project

Table 80: Mecca Metro packages

Table 81: Medina Metro Project

Table 82: Jeddah Metro phase 1

Table 83: Jeddah LRT and tramway: phase 1

Table 84: Jeddah Metro Project

Table 85: Hajj pilgrims to Mecca, 2012-2019

Table 86: Key airports current and planned capacity

Table 87: Saudi Arabia airport projects in pre-execution phase, January 2020

Table 88: Port cargo throughput (tonnes), 2013−2018

Table 89: Container volume throughput (TEUs), 2013−2018

Table 90: Ports projects planned and underway

Table 91: Ease of Doing Business Ranking in the Mena Region

Table 92: FDI flows, 2015−2018

Table 93: Monthly fee for foreign employees (SR)

Figures

List of Figures

Figure 1: Saudi GDP 2009−19

Figure 2: Saudi GDP contribution by sector at current prices, 2018 (% of total)

Figure 3: Saudi inflation, 2008−2019 (%)

Figure 4: Saudi crude oil output, 2005−19 (million b/d)

Figure 5: Government finances , 2009−19

Figure 6: Government non-oil revenue, 2001−18 (% of total revenue)

Figure 7: Sama assets, 2009−19 (SRm)

Figure 8: Saudi commercial banks’ holdings of government bonds 2009−19 (SRm)

Figure 9: Saudi government gross debt , 2009−19

Figure 10: Saudi trade flows 2009−18 (SRm)

Figure 11: Commercial bank deposits and assets, 2008−18 (SRm)

Figure 12: Three-month Saudi interbank offered rate vs US LIBOR, 2010−19 (%)

Figure 13: Tadawul performance, 2009−19

Figure 14: Foreign direct investment, net inflows 2006-Q3 2018 ($m)

Figure 15: Saudis in public and private sector jobs, 2010−18

Figure 16: Average price of Opec oil basket, 2008−19 ($ / barrel)

Figure 17: Non-Opec oil production, 2008−19 (million b/d)

Figure 18: Saudi oil price and production forecast, 2017−22

Figure 19: Saudi GDP forecast, 2017−22

Figure 20: Saudi government revenue projections, 2017−22 (SR bn)

Figure 21: Saudi government revenue and budget balance projections, 2017−21

Figure 22: Saudi imports, exports and current account, 2017−22

Figure 23: Total value of contract awards, 2010−19 ($m)

Figure 24: Contract awards by sector, 2010−19 ($m)

Figure 25: Contract awards by sector, 2010−19

Figure 26: Contract awards by sector, 2017−19 ($m)

Figure 27: Projects market by status

Figure 28: Projects market by sector* ($m)

Figure 29: Future transport projects by subsector* ($m)

Figure 30: Top contractors by the value of contracts under execution ($bn)

Figure 31: Top client by the value of contracts under execution ($bn)

Figure 32: Saudi recoverable crude oil reserves, 2011-2018 (billion barrels)

Figure 33: Saudi recoverable gas reserves, 2011-2018 (tcf)

Figure 34: Location of the neutral zone

Figure 35: Saudi Arabia crude oil exports by region, 2018 (%)

Figure 36: Saudi oil and gas fields

Figure 37: Saudi crude oil production, 2011-2018 (million b/d)

Figure 38: Saudi Arabia annual power consumption and projected demand (GWh), 2010-2030

Figure 39: Saudi Aramco raw gas supply to gas plants, 2011-2017 (bcf/d)

Figure 40: Saudi Arabia oil consumption, 2011-18 (thousand barrels a day

Figure 41: Oil and gas contract awards by sector, 2009-2019 (%)

Figure 42: Planned oil and gas projects (%)

Figure 43: Saudi Arabia’s top oil and gas contractors, 2019

Figure 44: Top petrochemical producers in Saudi Arabia

Figure 45: Sabic subsidiaries

Figure 46: Petrochemical contract awards by sector, 2009-2019 (%)

Figure 47: Planned petrochemical projects ($m)

Figure 48: Saudi Arabia’s top petrochemicals sector contractors, 2019

Figure 49: Main geological structures

Figure 50: Maaden production output in 2018

Figure 51: Maaden assets

Figure 52: Maaden assets, 2011-2018 (SRbn)

Figure 53: Maaden sales, 2011-2018 (SRm)

Figure 54: Maaden sales by commodity (SRbn), 2016-2018

Figure 55: Railways supporting Ras Al-Khair minerals city

Figure 56: Maaden workforce, 2009-2018

Figure 57: Challenges faced by Saudi Arabia Industries (%), 2018

Figure 58: Cement sales YTD 2018-2019 (thousand tonnes)

Figure 59: Saudi clinker production and inventory, October 2018 and October 2019 (thousand tonnes)

Figure 60: Saudi Arabia, steel production and usage (thousand tonnes), 2008-2018

Figure 61: Institutional structure of decision-making in the Saudi Arabia energy sector

Figure 62: Leading power developers by equity capacity, August 2018 (MW)

Figure 63: Installed capacity(MW) and annual power generation (GWh) of conventional sources, 2010-2030

Figure 64: Saudi Arabia power consumption by sector (per cent), 2018

Figure 65: Saudi Arabia annual power consumption and projected demand (GWh), 2010-2030

Figure 66: Power peak demand growth, 2008-2018 (%)

Figure 67: Power demand forecast, 2000−2030 (MW)

Figure 68: Saudi Arabia ownership of installed capacity (percentage of total), 2018

Figure 69: SEC planned capacity additions, 2014−24 (MW

Figure 70: Power generation projects to 2024 by type

Figure 71: Per capita consumption (kWh), 2008-2018

Figure 72: Distribution of power generating units by years of service, 2018

Figure 73: Available generating capacity by fuel, 2018 (%)

Figure 74: Projected oil consumption by the power sector, 2011-30 (million barrels)

Figure 75: Transmission & Distribution contract awards, 2010−2019 ($m)

Figure 76: Increase in transmission capacity, 2013−18 (MVA)

Figure 77: Saudi Arabia installed renewable capacity (MW), 2010-2025

Figure 78: Saudi Arabia annual renewable power generation (GWh), 2010-2025

Figure 79: Renewable energy power contract awards ($m), 2009−2019

Figure 80: REPDO’s 2030 Renewables Target

Figure 81: Saudi Arabia, objectives of smart grid and smart metering strategy

Figure 82: Potable water demand and desalinated water production, 2007-31 (million cm/d

Figure 83: Saudi Arabia, drinking water consumption (million cm/d), 2007-2018

Figure 84: Saudi Arabia, drinking water consumption by city (cm/d), 2018

Figure 85: Desalination plants

Figure 86: Saudi Arabia, capacity of large desalination plants

Figure 87: Saudi Arabia, future desalination strategy

Figure 88: Age of desalination plants, all licensees

Figure 89: NWC capital expenditure requirements for five major cities/groups, 2013−17 (SRm)

Figure 90: Projected investment in selected areas, 2016−20 ($m)

Figure 91: TSE customer categories and uses

Figure 92: Growth in TSE sales, 2008−12 (cm/d)

Figure 93: TSE demand in Riyadh, Jeddah, Medina, Mecca and Greater Dammam, 2012−30 (thousand cm/d)

Figure 94: Forecast of TSE usage in the kingdom’s six major cities, 2011−30 (cm/d)

Figure 95: Cumulative volume of water saved due to leak detection (cubic metres)

Figure 96: Saudi Arabia construction contract awards, 2010-19

Figure 97: Planned construction projects, by stage ($m)

Figure 98: Most active clients by contracts under execution ($bn)

Figure 99: Most active contractors by work underway ($bn)

Figure 100: Education projects by stage ($m)

Figure 101: Saudi Arabia tourism contract awards, 2010−19

Figure 102: Unawarded tourism projects by status ($m

Figure 103: Hospitality projects by status ($m)

Figure 104: Planned rail networks in Saudi Arabia to 2040

Figure 105: Riyadh Metro network

Figure 106: Mecca Metro

Figure 107: Jeddah transport masterplan

Figure 108: Principal airports in Saudi Arabia

Figure 109: Airport passenger numbers (millions), 2010−2019

Figure 110: International airport passengers (thousands), 2015-2018

Figure 111: Aircraft movements at Saudi Arabia’s international airports, 2015−2018

Figure 112: Domestic capacity share by the airline (% of seats), August 2018

Figure 113: International capacity share by the airline (% of seats), August 2018

Figure 114: Saudi Arabia ports

Figure 115: Annual cargo throughput at Saudi ports (million tonnes), 2013−17

Figure 116: Key indicators of doing business in Saudi Arabia, 2020

Figure 117: FDI inflows and stock ($m), 2015−2018

Figure 118: Saudi imports and exports (SRm), 2013−2018

Frequently asked questions

Saudi Arabia 2020 – Long Term Opportunities in the Middle East’s Biggest Market – MEED Insights thematic reports
Currency USD
$4,000

Can be used by individual purchaser only

$12,000

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company


Undecided about purchasing this report?

Enquire Before Buying Request a Free Sample

Get in touch to find out about multi-purchase discounts

reportstore@globaldata.com
Tel +44 20 7947 2745

Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.

Sample Report

Saudi Arabia 2020 – Long Term Opportunities in the Middle East’s Biggest Market – MEED Insights was curated by the best experts in the industry and we are confident about its unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:

  • Assess the relevance of the report
  • Evaluate the quality of the report
  • Justify the cost

Download your copy of the sample report and make an informed decision about whether the full report will provide you with the insights and information you need.

Below is a sample report to understand what you are buying

See what our customers are saying

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

Senior Account Manager, TSYS
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at Saudi Arabia 2020 – Long Term Opportunities in the Middle East’s Biggest Market – MEED Insights in real time.

  • Access a live Saudi Arabia 2020 – Long Term Opportunities in the Middle East’s Biggest Market – MEED Insights dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.