According to the compound annual growth rate of Mena, the e-commerce industry in the UAE has grown by 25% from 2018 to till 2023.
A new report showed on Monday that e-commerce market size has reached Dh27.5 billion in 2023 which is expected to surpass Dh48.8 billion in 2028.
EZDubai is a fully committed e-commerce market zone in Southe Dubai that has launched the 4th edition of its ‘E-Commerce Report in the Mena Region 2023’. It is collaborated with Euromonitor International which is a global provider of business intelligence, consumer insights and market analysis.
Here are the main reasons for e-commerce adoption in the UAE are:
- The tech-savvy Gen Z and millennial population
- Strong government support in regulations
- Substantial investments in digital infrastructure
The top three vertices by value in 2023 are consumer electronics, media products and apparel and footwear.
According to the today’s business- environment of the UAE, starting an e-commerce company in Dubai most profitable decision for foreign investors.
So, are you ready to start your business journey in with Arab Business Consultants.
