E Commerce In Saudi Arabia 2020

E commerce transactions in the country were projected to nearly double in value by 2020.

E commerce in saudi arabia 2020. Launch your e commerce project in saudi arabia today. Revenue in the ecommerce market is projected to reach us 6 311m in 2020. Is your company elaborating a task in e commerce platform maintenance or is your firm searching for a company specialised in ecommerce for a project in e. How we guide you to the right agency.

Infographic by website design in saudi arabia to publish this image on your blog or website. E commerce in saudi arabia is growing and is estimated to reach 10 864 million usd in 2020 from 5 894 million usd in 2015. Internet users in saudi arabia there were 32 23 million internet users in saudi arabia in january 2020. Revenue is expected to show an annual growth rate cagr 2020 2024 of 7 1 resulting in a projected market volume of.

Active in saudi arabia. The saudi arabian government is planning an investment of over 100 billion in the development of logistics infrastructure to boost ecommerce growth in the region. The ministry of commerce and investment in saudi arabia moci adopted the implementing regulations of the e commerce law with immediate effect on 31 january 2020 to accompany the recent shift towards electronic transactions that commerce is experiencing globally which helps achieve the strategic objectives of vision 2030. Check out our infographic e commerce in saudi arabia for latest e commerce statistics and trends.

The ministry of commerce and investment in saudi arabia moci adopted the implementing regulations of the e commerce law with immediate effect on 31 january 2020 to accompany the recent shift. Updated on september 13 2020. All these statistics offer great hope to prospective e commerce start ups in saudi arabia.