New Report by yStats.com: B2C E-Commerce Flourishes in the Middle East
“Middle East B2C E-Commerce Market 2019” is a new market report released by yStats.com, Germany-based secondary market research company specialized in global E-Commerce business intelligence. According to the market trends and forecasts cited in this report, online retail sales in the Middle East remain on the growth path and are projected to see strong double-digit annual increases over the next several years.
Mobile shopping is one of the strongest market rends in Middle Eastern B2C E-Commerce. With a high percentage of local populations going online via smartphones, more than one in two digital buyers preferred to make purchases through mobile shopping websites and apps, according to a survey cited by yStats.com. The leading product categories purchased online include fashion and electronics, with online groceries showing a high growth potential.
B2C E-Commerce sales to maintain double-digit growth rates
The B2C E-Commerce sales forecasts contained in the yStats.com report indicate that online retail is projected to rise at an annual rate of above +20% through 2022 in the region’s top markets including Saudi Arabia, the UAE, and others. As the market’s potential remains robust, both local and international market players intensify their efforts in Middle Eastern E-Commerce.
For further information, see: https://www.ystats.com/wp-content/uploads/2019/04/2019.04.26_Product-Brochure-Order-Form_Middle-East-B2C-E-Commerce-Market-2019.pdf
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Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C E-Commerce and Online Payment.
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