Middle East & Africa Live Commerce Market Size & Outlook
The live commerce market in Middle East & Africa is expected to reach a projected revenue of US$ 4,137.7 million by 2030. A compound annual growth rate of 30.2% is expected of Middle East & Africa live commerce market from 2024 to 2030.
Revenue, 2023 (US$M)
$654.0
Forecast, 2030 (US$M)
$4,137.7
CAGR, 2024 - 2030
30.2%
Report Coverage
Middle East & Africa
Middle East & Africa live commerce market, 2018-2030 (US$M)
MEA live commerce market highlights
- The MEA live commerce market generated a revenue of USD 654.0 million in 2023.
- The market is expected to grow at a CAGR of 30.2% from 2024 to 2030.
- In terms of segment, fashion and apparel was the largest revenue generating product in 2023.
- Fashion and Apparel is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 654.0 million |
| Market revenue in 2030 | USD 4,137.7 million |
| Growth rate | 30.2% (CAGR from 2023 to 2030) |
| Largest segment | Fashion and apparel |
| Fastest growing segment | Fashion and Apparel |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fashion and Apparel |
| Key market players worldwide | Amazon.com Inc, Bilibili Inc ADR, JD.com Inc ADR, Taobao, TikTok, Alphabet Inc Class A |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.6% of the global live commerce market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 55,299.7 million by 2030.
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Live Commerce Market Scope
Live commerce market segmentation & scope
Beauty and Personal Care
Electronics
Home and Living
Food and Beverage
Health and Wellness
Automotive
Luxury Goods
Others
Resolution
Social Media Platforms
Dedicated E-Commerce Platforms
Brand-Owned Platforms
Third-Party Apps
Countries
U.S.
Canada
Mexico
UK
Germany
France
Australia
China
India
Japan
South Korea
Brazil
UAE
South Africa
Saudi Arabia
Live Commerce Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa live commerce market
Related industry reports
Related regional statistics
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