UAE E-Commerce Market To Reach $9.2 Billion By 2026
The UAE's e-commerce market is experiencing significant growth, driven by increased smartphone usage and improved payment systems. The market is projected to reach $9.2 billion by 2026, with mobile retail sales expected to grow at a 15.6% CAGR. While local retailers currently dominate, foreign e-commerce platforms are anticipated to gain market share. Categories like apparel, footwear, accessories, and home goods show high potential for further online sales growth. The overall momentum in e-commerce is expected to create more opportunities in related sectors like payment systems, fintech, and logistics.
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