Saudi Arabia Smart Grid Network Market Overview
Market Size in 2024: USD 361.8 Million
Market Forecast in 2033: USD 867.7 Million
Market Growth Rate 2025-2033: 10.2%
According to IMARC Group's latest research publication, "Saudi Arabia Smart Grid Network Market Report by Solution (Advanced Metering Infrastructure, Smart Grid Distribution Management, Smart Grid Communication, Grid Asset Management, Geographic Information System, Billing and Customer Information System), Services (Deployment and Integration, Consulting, Support and Maintenance), and Region 2025-2033", the Saudi Arabia smart grid network market size reached USD 361.8 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 867.7 Million by 2033, exhibiting a growth rate (CAGR) of 10.2% during 2025-2033.
Download a sample PDF of this report: https://www.imarcgroup.com/saudi-arabia-smart-grid-network-market/requestsample
How AI is Reshaping the Future of Saudi Arabia Smart Grid Network Market
AI powers Saudi Arabia's smart meters, with Saudi Electricity Company deploying 11 million units for real-time monitoring that cuts outages and boosts efficiency under Vision 2030 goals.
Wipro's multi-year deal with SEC rolls out smart meter data systems, delivering live insights on power flow and voltage to stabilize the grid and slash operational costs.
SEC partners with Abjay on AI analytics for smart metering, sharpening data insights, predictive checks, and decision-making to ramp up grid reliability nationwide.
Grid automation hits 32% across Saudi distribution networks, using AI for swift fault detection and fewer blackouts, with plans pushing toward 40% coverage soon.
Vision 2030 drives AI fault analytics in the energy grid market valued at USD 1.2 billion, enabling predictive maintenance that keeps systems running smoothly.
Saudi Arabia Smart Grid Network Market Trends & Drivers:
The most immediate and powerful driver for the smart grid is the national transition away from fossil fuels, mandated by Saudi Vision 2030 and the Saudi Green Initiative. The government has set an ambitious goal to generate 50% of its electricity from renewable sources, a plan that has already begun connecting substantial solar and wind capacity to the grid. This rapid shift creates a technical challenge: traditional grids can't handle the variable nature of solar and wind power. Smart grids, however, use advanced technology to balance these fluctuations, manage energy flow in real time, and ensure stability. This critical role in enabling the country's massive renewable energy projects, like the 300 MW Rabigh 2 solar plant and large-scale wind farms, makes smart grid development a cornerstone of the nation's energy security and economic diversification.
On the ground, this strategic push is translating into aggressive, measurable upgrades to the physical infrastructure. You can see the progress in the widespread rollout of smart meters, with the national utility company installing millions of these devices nationwide to give both utilities and consumers real-time energy usage data. This forms the backbone for a more responsive network. More impressive is the rapid automation of the distribution network itself, which has already reached a significant level and is actively being expanded. These automated systems can instantly detect a fault—like a tree falling on a power line—and reroute electricity to minimize outages and restore service much faster than a manual system ever could. Furthermore, major investments in modernizing the grid's nerve centers with digital control systems ensure these increasingly complex networks can be monitored and managed efficiently from a central location.
Beyond the core grid upgrades, the market is being propelled by a powerful combination of new technology adoption and transformative urban development. On the tech side, the integration of Internet of Things (IoT) sensors, artificial intelligence (AI), and data analytics is turning the grid into a "thinking" network. These technologies allow for predictive maintenance, where the system can analyze data to foresee and prevent equipment failures before they cause blackouts. This focus on innovation is a national priority, highlighted by events like the recent Saudi Smart Grid Conference which brought together thousands of international experts to share knowledge. The demand for these smart solutions is amplified by futuristic projects like the $500 billion NEOM mega-city, which is being designed from the ground up with a high-voltage smart grid as its energy circulatory system. This move toward smart cities and digital economies creates a perfect environment for wireless and flexible smart grid technologies to thrive.
Saudi Arabia Smart Grid Network Industry Segmentation:
The report has segmented the market into the following categories:
Solution Insights:
Advanced Metering Infrastructure
Smart Grid Distribution Management
Smart Grid Communication
Grid Asset Management
Geographic Information System
Billing and Customer Information System
Services Insights:
Deployment and Integration
Consulting
Support and Maintenance
Regional Insights:
Northern and Central Region
Western Region
Eastern Region
Southern Region
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Recent News and Developments in Saudi Arabia Smart Grid Network Market
December 2025: Saudi Arabia connects 7.8 GWh battery storage across three sites, enabling black-start, fast frequency response, and higher renewable integration on the grid.
December 2025: Distribution network automation reaches 40%, aligning with best practices for outage reduction and operational efficiency.
July 2025: Wipro secures multi-year deal with National Grid SA for Smart Meter Data Management system, providing real-time power flow data for grid stability.
Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.
About Us:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-201971-6302