DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Middle East B2C E-Commerce Market 2016" report to their offering.
The Middle East region has seen rapid growth in Internet connectivity in recent years; some countries of the region such as Qatar, Bahrain and the UAE have Internet penetration rates of above 90%. This has led to higher online shopping rates, with Israel in the regional lead in the percentage of web-connected persons who make purchases online.
The report shows that while travel bookings have been the leading product category purchased online, shoppers are increasingly turning to the purchase of physical products as well, particularly electronics. Kuwait is an example of the phenomenon of decreasing average transaction value as shoppers make more purchases of lower cost items.
While the larger B2C E-Commerce markets of the UAE and Saudi Arabia capture much of the attention in the region, the report highlights rapid growth and growth potential in other countries. With the removal of international sanctions on Iran, the large population and rising Internet connectivity there offer online retail opportunity. Governments' initiatives in Oman and Bahrain support the advancement of online retail in those countries. Qatar is highly ranked in a global B2C E-Commerce index, and several successful online retail projects have been started by entrepreneurs in Jordan.
Companies Mentioned Include:
- Alibaba Group
- Alshop
- Amazon
- American Express
- Awok.com
- Bamilo
- Buy2 Networks
- Buzzr
- Digikala
- Diner's Club
- Directpay
- Divar
- Dubizzle.com
- Ebay
- Groupon
- Iyzico
- PECCO
- Panda
- PayPal
- Qatar Postal Service Company
- Rocket Internet
- Sheypoor
- ShopGo
- Souq.com
- Visa
- Yallahoman
-
Zarinpal
Report Structure:
1. Management Summary
2. Regional
3. UAE
4. Saudi Arabia
5. Iran
6. Israel
7. Kuwait
8. Qatar
9. Jordan
10. Bahrain
11. Oman
For more information visit http://www.researchandmarkets.com/research/tbgvck/middle_east_b2c
