Community Commerce in the Arab world

The current outlook for e-commerce in the Middle East is very positive, as the region is experiencing a fast growth rate and a high potential for further development. According to some statistics and trends, here are some of the factors that contribute to this outlook:

• The Middle East e-commerce market is expected to reach $60 billion in annual revenues by 20251, from $4.3 billion in 2019.
• The region has one of the youngest populations in the world, with half of the people under 25 years old1. This means a large and tech-savvy consumer base that is more likely to shop online.
• The COVID-19 pandemic has accelerated the digital transformation of both consumers and businesses, as online shopping and payments became more convenient and safer than in-person transactions1.
• The region is also investing in artificial intelligence (AI) and other technologies that can enhance the e-commerce experience, such as personalization, recommendation, and delivery1.
• The B2B e-commerce sector is also growing rapidly, as businesses seek to optimize their supply chains and reduce costs2. B2B e-commerce is expected to grow more than twice as fast as B2C e-commerce through 20303.

Time to head over to the Middle East!

https://www.entrepreneur.com/en-ae/marketing/e-commerce-in-the-arab-world-is-booming-heres-how-you-can/351851#:~:text=Currently%2C%20the%20Arab%20e%2Dcommerce,most%20exciting%20in%20the%20world.