Market Size for Services

Comprehensive Vision and Sustainable Innovation

The Saudi market is experiencing significant growth in demand for inspection, auditing, and sustainability services, with an estimated annual market size of 58 billion* SAR.

QTC leverages this growth by offering diverse and integrated services to meet the needs of various sectors.

1. Environmental Compliance Projects:
   • Market size: 6 billion SAR* (2025–2030).
2. Quality and Inspection Services in the Gulf:
   • Annual market size: 45 billion SAR*.
3. Global Market for Certification and Inspection Services:
   • Annual market size: Over 1 trillion SAR*.
4. Carbon Market in Saudi Arabia (Expected from Mid-2025):
   • Annual market size: 2 billion SAR*.
   • Indicators:
     • Saudi Arabia’s commitment to reducing carbon emissions by 278 million tons* by 2030, as announced by HRH Crown Prince.
     • Global average carbon price: 37 SAR* per ton.
     • Establishment of the VCM carbon trading market by the Public Investment Fund and Tadawul.
     • Creation of GCOM as a registry and issuer of carbon credit certificates.
5. Training Market in Saudi Arabia:
   • Annual market size: 10 billion SAR*.

* Figures are approximate and are estimated based on expert forecasts, opinions, and based on published and public sources.