Table of Contents
Researchers at yStats.com foresee uptick in B2C E-Commerce sales in Middle East and North Africa
The number of Internet users in the MENA region has grown rapidly over the last five years, and some countries such as Qatar, Bahrain and the UAE have Internet penetration rates above 90%. The yStats.com report points out that online retail sales growth is also expected in the countries that have lagged in Internet penetration but where the population is now signing on.
Even though Internet connectivity will allow shopping, many existing Internet users in the countries of the region have not adapted the practice yet. In most of the countries of the Middle East and North Africa the percentage of Internet connected persons who shop online is a low two- or even one-digit number and online retail is just around a low 1% of total retail. However, recent increase in the online shopper numbers in MENA suggests that the region is poised for continued growth.
Local as well as global E-Commerce companies are prepared to benefit from the expected growth of sales. The yStats.com report names Souq.com as a regional leader in online retail; Global companies such as Aliexpress.com, Amazon.com and eBay.com are also sought by shoppers in the region.
For individual Market Report purchases:
1. A “Single User License” means that only one (1) individually named user of an organization shall be entitled to access the report
2. A “Site License” means that up to ten (10) users within a given geographical location (i.e. country) of an organization shall be entitled to access the report
3. A “Global Site License” means that up to ten (10) worldwide users of an organization shall be entitled to access the report
In all cases, the term “organization” refers to the purchaser’s specific company only and excludes any third parties, including affiliates.
Get Industry Insights. Simply.
Talk to Veronica
+1 718 514 2762
Analysis of Key Sectors of BIMSTEC Countries with production, consumption, imports and exports, BIMSTEC Countries major sectors, investment in BIMSTEC countries, BIMSTEC Countries investment outlook Description ...
ASEAN was founded in 1967 by Indonesia, Malaysia, the Philippines, Singapore and Thailand. Later Brunei, Cambodia, Laos and Myanmar were also added to this economically motivated organization. Its prime ...
Four Asian Tigers term was used for free and developed economies of Hong Kong, Singapore, South Korea and Taiwan. All the countries maintained their economic growth since 1960’s, fueled by exports and ...