E-commerce market in MENA projected to reach $80.3 billion by 2029, driven by tech advances

From GlobeNewswire: 2025-06-13 09:45:00

The E-commerce Regional Analysis Market for the Middle East and North Africa is projected to reach $80.3 billion by 2029, with a CAGR of 11.7%. This report evaluates market size, technological advances, and business considerations. Factors driving growth include increased internet access and investment in E-commerce infrastructure, particularly in Saudi Arabia. Emerging startups like Noon and Namshi cater to tech-savvy youth and social media-influenced consumers in the region.

Investment and funding activities in the MENA region are on the rise, with simplified approval processes and strong regulatory frameworks attracting E-commerce businesses. Factors driving market growth include increased internet access, investments in E-commerce infrastructure, and the growing preference for online shopping. Technological advances such as fintech innovations and 5G adoption are transforming the E-commerce landscape, creating opportunities for collaboration between governments and global platforms.

The MENA E-commerce market is projected to grow at a CAGR of 11.7%, reaching $80.3 billion by 2029. The market is segmented by E-commerce type, product type, and country, with electronic and media products expected to dominate. Saudi Arabia is set to lead the market, driven by factors like internet and smartphone penetration and a young population. BCC Research offers 30% off reports to provide market intelligence in times of uncertainty for informed decision-making.



Read more at GlobeNewswire: E-commerce Market in Middle East and North Africa to Reach