E-Commerce Market - UAE
Market Statistics
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Size in 2023: USD 102 Billion
Market Size in 2032: USD 632 Billion
Market Growth Rate (CAGR) 2024-2032: 22.50%
According to IMARC Group's report titled "UAE E-Commerce Market Report and Forecast 2024-2032," the market reached USD 102 billion in 2023. Looking forward, IMARC Group expects the market to reach USD 632 billion by 2032, exhibiting a growth rate (CAGR) of 22.50% during 2024-2032. The market is expanding rapidly, driven by increasing internet penetration, smartphone usage, and a growing preference for online shopping.
UAE E-Commerce Market Trends and Drivers:
- Growing digital adoption, high internet penetration, and a tech-savvy population are key drivers of the UAE e-commerce market expansion.
- Increasing popularity of online shopping, with a wide variety of products attracting more consumers.
- Government initiatives like UAE Vision 2021, focusing on digital transformation and smart services, support the e-commerce ecosystem.
- Advancements in logistics infrastructure, including faster delivery services and secure payment systems, boosting consumer confidence.
- Rise of mobile commerce (m-commerce) as more consumers use smartphones for browsing and purchasing.
- Widespread adoption of mobile payment solutions and apps offering seamless shopping experiences.
- Integration of omnichannel retailing, allowing smooth transitions between online and in-store shopping, improving customer satisfaction.
- Growing momentum in social commerce, with social media platforms becoming popular for direct purchases.
- Increasing focus on sustainability, with eco-conscious consumers seeking environmentally friendly products and packaging.
- Cross-border e-commerce thriving, driven by UAE consumers purchasing from international brands due to variety and competitive pricing.
- Continued growth of the UAE e-commerce market expected, driven by evolving consumer preferences and technological advancements.
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UAE E-Commerce Industry Segmentation:
The report has segmented the market into the following categories:
Types Insights:
- Home Appliances
- Apparels, Footwear and Accessories
- Books
- Cosmetics
- Groceries
- Others
Transaction Insights:
- Business to Business (B2B)
- Business to Consumer (B2C)
- Consumer to Consumer (C2C)
- Others
Regional Insights:
- Dubai
- Abu Dhabi
- Sharjah
- Others
Request for customization: https://www.imarcgroup.com/request?type=report&id=23477&flag=C
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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.
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