Middle East & Africa E-commerce Market Size & Outlook
The e-commerce market in Middle East & Africa is expected to reach a projected revenue of US$ 853.3 million by 2030. A compound annual growth rate of 21.7% is expected of Middle East & Africa e-commerce market from 2024 to 2030.
Revenue, 2023 (US$M)
$225.7
Forecast, 2030 (US$M)
$853.3
CAGR, 2024 - 2030
21.7%
Report Coverage
Middle East & Africa
Related Markets
MEA e-commerce market highlights
- The MEA e-commerce market generated a revenue of USD 225.7 million in 2023.
- The market is expected to grow at a CAGR of 20.9% from 2024 to 2030.
- In terms of segment, intermediary-oriented was the largest revenue generating deployment model in 2023.
- Intermediary-oriented is the most lucrative deployment model segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 225.7 million |
| Market revenue in 2030 | USD 853.3 million |
| Growth rate | 20.9% (CAGR from 2023 to 2030) |
| Largest segment | Intermediary-oriented |
| Fastest growing segment | Intermediary-oriented |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Supplier-oriented, Buyer-oriented, Intermediary-oriented |
| Key market players worldwide | Amazon.com Inc, Alibaba Group Holding Ltd ADR, ASOS PLC ADR, Costco Wholesale Corp, DangDang.com, EBay Inc, Flipkart, JD.com Inc ADR, MercadoLibre Inc, Shopify Inc Registered Shs -A- Subord Vtg, Sea Ltd ADR, Walmart Inc, Wayfair Inc Class A, Zalando SE |
Other key industry trends
- In terms of revenue, MEA region accounted for 1.2% of the global e-commerce market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 853.3 million by 2030.
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E-Commerce Market Scope
E-commerce market segmentation & scope
Others
E-Commerce Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Flipkart | View profile | 10001+ | Bengaluru, Karnataka, India, Asia | https://www.flipkart.com |
| DangDang.com | View profile | 5001-10000 | Beijing, Beijing, China, Asia | http://www.dangdang.com |
| ASOS PLC ADR | View profile | 3352 | Hampstead Road, Greater London House, London, United Kingdom, NW1 7FB | https://www.asosplc.com |
| Shopify Inc Registered Shs -A- Subord Vtg | View profile | 11600 | 151 O'Connor Street, Ground Floor, Ottawa, ON, Canada, K2P 2L8 | https://www.shopify.com |
| Zalando SE | View profile | 15497 | Valeska-Gert-Strabe 5, Berlin, Germany, 10243 | https://corporate.zalando.com |
| Sea Ltd ADR | View profile | 62700 | 1 Fusionopolis Place, No. 17-10, Galaxis, Singapore, Singapore, 138522 | https://www.sea.com |
| MercadoLibre Inc | View profile | 58313 | WTC Free Zone, Dr. Luis Bonavita 1294, Of. 1733, Tower II, Montevideo, Uruguay, 11300 | https://www.mercadolibre.com |
| JD.com Inc ADR | View profile | 517124 | No. 18 Kechuang 11 Street, 20th Floor, Building A, Yizhuang Economic & Technological Development Zone, Beijing, China, People's Republic of, 101111 | https://www.jd.com |
| Costco Wholesale Corp | View profile | 316000 | 999 Lake Drive, Issaquah, WA, United States, 98027 | https://www.costco.com |
| EBay Inc | View profile | 12300 | 2025 Hamilton Avenue, San Jose, CA, United States, 95125 | https://www.ebay.com |
| Walmart Inc | View profile | 2100000 | 702 S.W. 8th Street, Bentonville, AR, United States, 72716 | https://stock.walmart.com |
| Alibaba Group Holding Ltd ADR | View profile | 204891 | 1 Matheson Street, Causeway Bay, 26th Floor, Tower One, Times Square, Hong Kong, Hong Kong, | https://www.alibabagroup.com |
| Wayfair Inc Class A | View profile | 14400 | 4 Copley Place, Boston, MA, United States, 02116 | https://www.wayfair.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
MEA e-commerce market size, by country, 2018-2030 (US$M)
Middle East & Africa E-Commerce Market Outlook Share, 2023 & 2030 (US$M)
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