- Collect what GASTAT, Monsha'at, MISA, SAMA and Etimad already publish before you brief anyone, and note the reference period of every figure.
- Pay for primary research only where official data cannot reach: decision-makers, shortlisting criteria, channels and competitor perception.
- Ask for a bottom-up TAM, SAM and SOM with every assumption, source and date visible.
- Contract for decision outputs (segments, buyer profiles, message and channel implications), not just a report.
Most companies start looking for a market research company in Saudi Arabia with a vague question: “Is there a market for this?” They then receive proposals that are hard to compare, because each firm has quietly rewritten the question into whatever it already knows how to sell. One quotes a survey of a thousand consumers, another a desk report of sector trends, a third a full feasibility study with financial projections.
The way out is to decide, before you speak to anyone, which questions official data already answers for free, which need fieldwork with real buyers, and what the finished study must let your marketing and sales teams actually do. This guide covers each step, with a brief template and a provider checklist you can use as they are.
Start with what official Saudi data already answers
A surprising share of any first-round market question can be answered from public sources. If a proposal charges you to “collect secondary data” that sits on the sources below, ask what it adds beyond collection. The table lists the main ones, what they are good for, and what to watch.
| Source | What it helps you answer | Watch for |
|---|---|---|
| General Authority for Statistics (GASTAT) | Macro context and sector structure: national accounts (GDP), prices and the CPI, international trade in goods and services, labour market, population and the 2022 census, structural business statistics, SME and business demography statistics, wholesale and retail trade, the industrial production index and the business confidence index. | Releases run on monthly, quarterly or annual cycles, so check the reference period on every table. It also runs an online statistical database for looking up published series. |
| GASTAT Business Center | Custom statistical information that is not in the published tables. | The service page lists it as a paid service requested online through a Nafath login (with an email route for requesters outside the Kingdom), with a stated service duration of three days. Microdata requests go through a separate service. |
| Monsha’at reports | The quarterly SME Monitor and thematic reports on SME topics such as e-commerce, franchising, supply chains and digital transformation. Useful if your buyers are small and medium businesses. | Publication lags. When we checked in October 2026, the latest SME Monitor listed was Q1 2025. The Q4 2024 edition, announced on 2 March 2025, reported 1.6 million commercial registrations, with Riyadh accounting for 39%, Makkah 17% and the Eastern Region 16%. |
| Ministry of Investment (MISA) | The quarterly Economic and Investment Monitor: headline economic and investment indicators, plus an overview of promising regions, sectors and projects. | Issues can be downloaded from the resources page. The most recent issue listed in October 2026 covered Q3 2025, so treat it as direction rather than current market size. |
| Saudi Central Bank (SAMA) | Consumer and business spending patterns. The weekly point-of-sale report breaks down number and value of transactions by activity (restaurants, food, health, transport, professional services and more) and, in separate tables, by city, including Riyadh, Jeddah, Dammam, Makkah and Madinah. | It measures card spending, not your category. It is strong for retail, food and services timing, and weak for project-based B2B sectors. |
| Etimad and entity procurement pages | Government demand. Etimad is the government’s e-procurement platform, where many public tenders are published and suppliers take part in them. The Ministry of Human Resources states on its procurement page that, under Article 12 of the Government Tenders and Procurement Law, government entities must publish annual procurement plans in line with their approved budgets (check the current law text before relying on it). | Finding the tenders and plans relevant to your category takes effort. It is still the best evidence you will get of what government buyers plan to buy, and when. |
Two habits make this desk work worth more. First, write the reference period next to every figure you collect, because a 2024 count presented in a 2026 board deck looks current unless someone marks it. Second, keep the regional split. The Monsha’at registration shares above are a reminder that Riyadh, Makkah (which includes Jeddah) and the Eastern Region (which includes Dammam and Al Khobar) hold most commercial registrations, and any study that treats “Saudi Arabia” as one market will hide the differences that matter for sales coverage.
What only primary B2B research can tell you
Official statistics describe the size and shape of an economy. They rarely tell you how a particular buyer decides. For most B2B companies, the questions that change marketing decisions sit here:
- Who is in the decision. In a contracting or MEP purchase, for example, the consultant who writes the specification, the contractor’s procurement team, the end client and sometimes a government approval all shape the outcome. You need to know which of them you are marketing to.
- What gets a supplier shortlisted. Approvals, local stock, references, after-sales service, price or payment terms. Buyers rarely rank these the way sellers assume.
- Where buyers look first. Search, LinkedIn, WhatsApp referrals, exhibitions, distributors or existing vendor lists. This decides your channel mix.
- How competitors are perceived. Not their claims, but what buyers say about them unprompted.
- Price bands and switching barriers. What buyers pay now, and what would make them move.
For these questions, a large online survey is usually the wrong tool. Decision-makers in a niche B2B category may number in the hundreds across the Kingdom, and they do not fill in panel surveys. As a working guide rather than a rule, in-depth interviews with around fifteen to thirty well-chosen people (buyers, specifiers, lost prospects and distributors), conducted in Arabic or English as each respondent prefers, are often enough to show the main patterns; the right number depends on how many decision-makers exist and how different your segments are. Large quantitative samples make more sense for consumer categories, or when you need to measure awareness or share across a broad audience.
Size the market bottom-up, and ask the provider to show the working
Top-down market sizes (“the Saudi market for X is worth Y billion”) are easy to quote and hard to use, because they do not tell you how many accounts you can realistically win. Ask for a bottom-up estimate built in three layers (our guide to researching a new market shows a leaner in-house version of the same method):
- Total addressable market (TAM): every account that could buy the category, multiplied by what each typically spends on it per year.
- Serviceable addressable market (SAM): the part of the TAM you can actually serve, limited by region, segment, required approvals, language and delivery capacity.
- Serviceable obtainable market (SOM): the share of the SAM you can realistically win in the next one to three years, given your sales team, distribution and competitors.
Hypothetical example: a distributor of commercial kitchen fire-suppression systems might count restaurants and hotel kitchens in Riyadh, Jeddah and Dammam using official establishment data, cut the list to sites large enough to need an engineered system, apply a replacement or inspection cycle, and only then multiply by an average order value taken from interviews. Every one of those inputs can be challenged, which is exactly the point: you can see which assumption drives the number, and test it.
Insist that each input carries its source and date, and that the provider marks which figures are measured, which are estimated and which come from a handful of interviews.
A research brief template you can copy
A one- to two-page brief produces sharper and more comparable proposals than a phone call. Use these headings:
- Business decision. The decision the study will inform, in one sentence: “Whether to open a Jeddah sales office in 2027”, not “understand the market”.
- Background. What you sell, to whom, your current regions and share, and what you already know (attach the desk research from the first step).
- Research questions. Five to eight specific questions, ranked. Mark the two you would keep if the budget were cut in half.
- Target respondents. Roles, sectors, company sizes and regions, and who you can introduce from your own network.
- Geography. Which cities or regions, and whether results must be reported separately for each.
- Method preferences and constraints. Languages, interview format, whether your company name may be disclosed to respondents, and any competitors who must not learn about the study.
- Deliverables. The outputs listed in the final section of this guide.
- Timing and decision date. When you need findings, and the meeting they will feed into.
- Proposal requirements. Method and sample design, the team who will do the fieldwork, comparable past work, the data-handling approach and a fixed price with what it includes.
If the study will shape a launch or annual plan, say so in the brief. Our guide to the annual marketing plan for B2B companies in the GCC shows where research findings slot into targets, segments and quarterly budgets.
How to evaluate a market research provider
Listicles of “top research firms” rank companies by size or visibility. What matters to you is whether a firm can reach your buyers and turn what they hear into decisions. Score each shortlisted provider on these points:
| Check | What a good answer looks like |
|---|---|
| Restated objective | The proposal restates your business decision in its own words, and pushes back where a question cannot be answered by the method you suggested. |
| Access to respondents | A credible plan for reaching your specific roles (procurement managers, consultants, facility managers), not a general panel. Ask how many interviews in your sector they completed recently. |
| Fieldwork team | Named people who will run the interviews, in Arabic and English, with the seniority to talk to a director. Ask whether any fieldwork is subcontracted. |
| Regional coverage | Real coverage of the regions in your brief, including the Eastern Region and Jeddah if they matter, rather than Riyadh-only fieldwork extrapolated nationally. |
| Use of official data | Cites GASTAT, Monsha’at, MISA or SAMA sources with dates, and does not charge fieldwork rates for desk work. |
| Data protection | A clear answer on how respondent data is collected, stored and anonymised. Saudi Arabia’s Personal Data Protection Law was issued in 2021; ask how the firm applies it, and check the current law and related requirements on SDAIA’s personal data protection portal, as these texts are updated. |
| Sample outputs | An anonymised past report that ends in recommendations, not only charts. |
| Ownership | You own the report, the raw data (anonymised where required) and the interview guides, and can reuse them internally. |
A note on feasibility studies: many firms in Riyadh offer “feasibility study and market research” as one package. A feasibility study answers whether an investment pays back (capital costs, operating costs, financial projections), and is often needed for financing or licensing. A marketing study answers who to target, with what message, through which channels. If you need both, make sure the market section is not a few pages of desk data placed in front of a financial model.
What the final study must deliver
The test of a market study is whether, a week after the presentation, your team is doing something differently. Ask for these outputs in the contract, not just “a report”:
- A one-page decision summary. The answer to the business decision in the brief, with the confidence level and the two or three findings that drive it.
- Bottom-up market size with every assumption, source and date visible in an editable spreadsheet.
- Priority segments, ranked by size, accessibility and fit, with the regions and account types to pursue first.
- Buyer and decision-maker profiles built from interviews: role, what they care about, objections, and where they look for suppliers.
- Competitor perception map: how buyers describe each alternative, and the gaps none of them fill. Our guide to B2B competitor analysis sets out what that part should contain.
- Message and proof implications: what you need to say, and what evidence (approvals, references, stock, service) buyers will want to see.
- Channel implications: which channels, events and partners the findings support, and which they do not.
- A list of what is still unknown, so the next decision does not rest on a gap nobody mentioned.
Turning those outputs into a plan is a separate step, and it is where many studies stall: the evidence still has to become who to target, what to say, which channels to use and how success will be measured, which is the job of a marketing strategy. For a company entering the market through a new brand partnership, the guide to launching as an exclusive distributor in Saudi Arabia covers what follows once the research is done.
Before you contact any provider, write the one-sentence business decision from the brief template and test it on your sales director. If they cannot say what they would do differently with the answer, the question is not ready to commission.
Frequently asked questions
What free market data is available for Saudi Arabia?
GASTAT publishes national accounts, prices, trade, labour market, census and business statistics, with an online statistical database. Monsha'at publishes the quarterly SME Monitor and thematic SME reports, MISA publishes a quarterly Economic and Investment Monitor, SAMA publishes a weekly point-of-sale transactions report by activity and city, and Etimad is where many government tenders are published.
Should a market study cover Riyadh, Jeddah and Dammam separately?
If your sales coverage or distribution differs by region, yes. Commercial registrations are concentrated in the Riyadh, Makkah and Eastern regions, and buyer behaviour, competitors and channels can differ between them, so ask for results reported by region.
What should I ask a market research company before hiring it?
Ask how it will reach your specific respondents, who will run the interviews and in which languages, which regions it will cover, how it handles respondent personal data, whether you will own the report and raw data, and for an anonymised past report that ends in recommendations.
- GASTAT, General Authority for Statistics (GASTAT) homepage.
- GASTAT, Economic statistics.
- GASTAT, Business Center (Statistical services).
- GASTAT, Statistical database.
- Monsha'at, Monsha'at Reports (2025-11-04).
- Monsha'at, Monshaat: 67% Increase in Commercial Registrations during Q4 2024 (2025-03-02).
- Monsha'at, Monsha'at Q1 2025 SME Monitor.
- Ministry of Investment (MISA), Economic and Investment Monitor.
- Saudi Central Bank (SAMA), Weekly Points of Sale Transactions Report, 16 August 2025 (2025-08-16).
- Ministry of Human Resources and Social Development, Competitions and Purchases.
- Saudi Data and AI Authority (SDAIA), Personal Data Protection portal.




