The growing e-commerce market isn’t limited to the Western world. We already know that China is exploding with online sales, and now a new infographic from Go-Gulf.com shows exactly how fast e-commerce is growing in the Middle East.
A collection of Middle Eastern countries—Saudi Arabia, the United Arab Emirates, Qata, Oman, Bahrain and Kuwait—called the Gulf Cooperation Council has about 90 million Internet users, who spent a collective $9 billon online in 2012. By 2015, that region is expected to spend $15 billion on e-commerce.
- 15 percent of Middle East businesses have an online presence
- M-commerce in the region could reach $4.9 billion by 2015
- 66 percent of consumers use the Internet to do product research before buying
- Online games is the most popular e-commerce product in the region
To find out more about this burgeoning market, see the infographic below.
Infographic by- GO-Gulf.com