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The Saudi national economy is on the verge of achieving tremendous leaps within a few years. A report revealed that the market for grocery products sold through electronic applications reached a size of $1.54 billion in 2024. It is expected to grow to $5.92 billion by 2033, with a growth rate estimated at 15.87% during the period from 2025 to 2033. The market for consumer goods sold through electronic applications is steadily growing due to the expanding coverage of the internet, changing lifestyles of Saudi consumers, and the increasing demand for services that allow consumers to shop without leaving their homes. The eMark Group, specialized in commercial growth estimates, considers that the growth of electronic consumer shopping is driven by a highly developed digital community, the widespread use of mobile phones, the increasing urbanization of Saudi society, and the growing number of e-commerce companies in the kingdom, which are now able to deliver orders on the same day and benefit from subscriptions to electronic applications. It is worth noting that the Kingdom's Vision 2030 encourages digital transformation across all sectors of society. Additionally, Vision 2030 promotes investment in logistics, technical infrastructure, and electronic payments. This has made electronic shopping an ideal choice for all Saudi families. Another report indicates that the Saudi residential real estate market will exceed $130.8 billion by 2033, after reaching $71.8 billion in 2024. A report from the same group clarified that the residential real estate market is experiencing a dynamic transformation driven by rapid urban growth in the kingdom, changing lifestyles, and strong government initiatives to increase home ownership across the kingdom. The Saudi housing market benefits from significant population growth and the expansion of urban centers, leading to massive government initiatives to ensure housing sustainability for Saudi citizens, including the creation of new cities and providing homes that citizens can finance through comfortable installments. Available opportunities include various housing styles, with luxurious villas, residential complexes, and relatively affordable apartments at the forefront. An increasing number of Saudis are inclined to consider acquiring homes that feature smart home characteristics, energy efficiency, and nearby amenities such as parks, schools, and shopping centers. A third report indicates that the market for Saudi agricultural products will reach $207 billion by 2033. This accelerated growth is attributed to the adoption of the latest irrigation technologies, sustainable farming practices, and significant government support for agricultural production, amid the major challenge of limited water resources. The size of the Saudi agricultural market was $130 billion in 2024. It is expected to grow by approximately 5.28% from 2025 to 2033, reaching $207 billion by 2033. The Saudi agriculture sector is innovatively applying sustainability methods, such as drip irrigation, vertical farming, and cultivating drought-resistant crops.

Significant Investments in Agricultural Technology

Saudi farms are benefiting from generous government initiatives and substantial investments in agricultural technology. Saudi farmers are now able to reach consumers through electronic purchasing applications, taking advantage of the expansion of online social platforms. In a related context, another report indicates that the Saudi telecommunications market is steadily growing, expected to reach $22.7 billion by 2033, driven by the increasing internet coverage and the expansion of 5G networks. The telecommunications market in the kingdom was valued at $16.8 billion in 2024, fueled by projects and programs under Vision 2030, particularly encouraging innovation, increasing internet connectivity coverage, establishing smart cities, and deploying fiber optic services and 5G networks, which have provided affordable options for accessing electronic gaming, cloud services, and subscriptions to music and movie platforms.