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 20.9% is expected of Middle East & Africa e-commerce market from 2024 to 2030.
Revenue, 2023 (US$M)
$225.7
Forecast, 2030 (US$M)
$853.3
CAGR, 2024 - 2030
20.9%
Report Coverage
Middle East & Africa
Middle East & Africa e-commerce market, 2018-2030 (US$M)
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
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E-Commerce Market Companies
| Name | Profile | # Employees | HQ | Website |
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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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