What Is Mena E Commerce Market Situation 2017 Review

E commerce market e commerce is a strongly growing domain showing no signs of decline. E commerce sites record important customer data like name phone number address and. In 2016 the revenue was us 22 4 billion up 24 4 percent from us 18 billion in 2015.

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The trends include use of chatbots artificial intelligence ai and big data for customer interactions wearables and mobile devices for payments same day delivery and usage of drones for delivery.

What is mena e commerce market situation 2017 review. Noon another estimated heavyweight player will launch operations during 2017 and is also expected to have a big impact on e commerce within the region. Now it is the responsibility of everyone involved in this market to do everything in their power so that african countries can truly enjoy and benefit from e commerce. Emarketer e commerce has a significant impact on traditional retailing and this will continue in the following years. The potential for a remarkable and long lasting e commerce growth is within africa s grasps.

Cyber security or more precisely the lack of it is a major problem on the internet today. Presents huge potential for e commerce players looking to foray into the region s e commerce market. With online shopping now accounting for almost 10 of total retail sales source. E commerce market size mena region 2014 2017 e commerce penetration as share of total retail mena 2017 by selected country annual growth rate of e commerce industry in mena 2014 2017 by selected.

Though the middle east e commerce market is still untapped the technology trends that influence the global e commerce market are expected to be introduced in compliance with local regulations. Noon another estimated heavyweight player will launch operations during 2017 and is also expected to have a big impact on. Much of the growth for the industry has been triggered by an increase in internet and smartphone penetration. The market forecast is to reach us 48 8.

E commerce has transformed the way business is done in india. Rising e commerce revenue the region s online sales revenues have been increasing consistently. The indian e commerce market is expected to grow to us 200 billion by 2026 from us 38 5 billion as of 2017.