Ecommerce Market in Middle East and Africa Set to Expand with Promising CAGR of 9.64% Until 2027, Finds New Data-Centric Report

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Feb 29, 2024, 11:45 ET

DUBLIN, Feb. 29, 2024 /PRNewswire/ -- The "Africa and Middle East Ecommerce Market Opportunities Databook - 100+ KPIs on Ecommerce Verticals (Shopping, Travel, Food Service, Media & Entertainment, Technology), Market Share by Key Players, Sales Channel Analysis, Payment Instrument, Consumer Demographics - Q2 2023 Update" report has been added to ResearchAndMarkets.com's offering.

Amidst the digital transformation revolutionizing consumer behavior, the Ecommerce industry in the Middle East and Africa (MEA) region is displaying robust growth prospects. A comprehensive analysis revealed that the market is anticipated to experience an 8.33% year-on-year increase, propelling its value to US$123.9 billion in 2023.

The deep-dive data analysis underscores a burgeoning sector poised for sustained growth, showing a compound annual growth rate (CAGR) of 9.64% from 2023 until 2027. Furthermore, projections suggest an ascent in Ecommerce gross merchandise value from US$114.4 billion in 2022 to a staggering US$179.1 billion by the end of 2027.

Diving into the nuances of this growth, the report segments Ecommerce into various verticals: Retail Shopping, Travel & Hospitality, Online Food Service, Media and Entertainment, Healthcare and Wellness, and Technology Products and Services. It meticulously assesses market share by key players, sales channels, and consumer demographics to deliver actionable insights.

Key Highlights from the Report:

Detailed performance indicators show market size evolution and forecasts across 100+ KPIs.
Exclusive market share insights pinpoint the dominance of top key players across diverse Ecommerce verticals.
Evaluation of sales channels, including Platform to Consumer, Direct to Consumer, and Consumer to Consumer frameworks.
Emerging trends and their implications on Ecommerce, such as live streaming engagement and cross-border transactions.
Device-centric Ecommerce expenditure with a focus on mobile versus desktop usage patterns and operating system segmentation.
Analysis of urban influence on Ecommerce with tier-wise city categorization.
In-depth consumer demographic analysis highlighting spending by age, gender, and income level.

The latest report serves as a testament to the sector's resilience and adaptability in the face of a rapidly evolving digital landscape. It garners significant interest for stakeholders seeking a data-driven approach to deciphering the potential of Ecommerce in the Middle East and Africa.

Designed to aid strategic planning, the publication delves into the nuanced dynamics of the Ecommerce marketplace. It evaluates both opportunities and risks, providing businesses, investors, and analysts with the foresight to tailor their approach to the unique characteristics of the MEA market landscape.

The breadth of analysis encompassed in this publication extends to nine specific reports, each offering regional insights along with detailed country-level data-centric analysis, catering to the diverse informational needs of industry participants.

The report shines light on pivotal areas that are poised to redefine consumer spending and interaction within the digital economy. It is a crucial resource for those seeking to leverage the growing Ecommerce space within the promising MEA region.

Companies Mentioned

10bis
Akelni
Al Rostamani Travels
Almosafer
Amazon
Banabi
BCD Israel
Biletall
Bolt
Bubble Dan
Careem Now
Carrefour
Chopnownow
Deliveroo
Delta Galil Industries
DiDi
Dominos Pizza
Dubai Taxi
Dubizzle
Enuygun
eXtra
Flyin
Getir Yemek
Gett
GiDiCab
GoFood
Hava Net Limited
Hemingways Travel
Hepsiburada
HungerStation
inDriver
Infinity Travel
Jarir
Jeeny
Jiji
Jumia
Jumia Food
KaiianBidorBuy
Kilimall
Konga
Ksp
LetaFood
Little Cab
Lugmety
Macrocenter
Maramoja Transport
Marti
McDonald's
Momondo
Moovit
Mr D Food
Mr Price Group
Mrsool
MyDawa
N11
Namshi
Next Retail
Noon
oBilet
OLX
OpenSooq
OrderIn
PayPorte
Rida
Sahibinden
Sharaf DG
Shufersal
Skyscanner
Slot
SmartAirAvechi
SoFresh
Superbalist
Swvl
Takealot
Talabat
Tatilbudur Amazon
Travelstart
Trendyol
Uber
Uber Eats
Ucook
WakanowAmazon
Wasili Jiji
Wolt
Woolworths
Yango Deli
Yemeksepeti
Yum Deliveries
Zomato

For more information about this report visit https://www.researchandmarkets.com/r/hvl8g

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