Saudi Arabia E-Commerce Market Share & Future Projections 2030

 


Overview of the Saudi Arabia E-Commerce Market:

The Saudi Arabia E-Commerce Market reports delivers an in-depth assessment of market size, share, and emerging trends, offering valuable insights into growth opportunities. It examines market segmentation and definitions, highlighting core components and key drivers of expansion. By applying SWOT and PESTEL analyses, the study evaluates the sector’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors. Expert reviews of competitor strategies and recent developments provide a clearer view of regional dynamics and future market trajectories, establishing a strong foundation for strategic planning and informed investment decisions.

What will be the market size of Saudi Arabia E-Commerce market 2030?

The Saudi Arabia E-Commerce Market size was valued at around USD 15 billion in 2024 and is projected to reach USD 29 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 12% during the forecast period, i.e., 2025-30.

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Who are the top companies operating in the Saudi Arabia E-Commerce market?

The report features prominent companies operating in the Saudi Arabia E-Commerce market and the successful strategies they have adopted. It also provides detailed insights into each company’s market share and their role in driving the industry’s growth. As per MarkNtel Advisors, top companies in Saudi Arabia E-Commerce market: Amazon (Saudi Arabia), Noon, Ali Express, Jahez (Bookstore & Food), Hungerstation, Shein (Saudi Arabia), Careem, Extra, Jazp, Trendyol, Temu, and Others

What is the key factor projected to fuel growth in the Saudi Arabia E-Commerce Market between 2025 and 2030?

Tech-Savvy Population Boosting E-commerce Sector – Saudi Arabia has more than 36 million people in its population. The average age of the country is approximately 30, roughly 25% of the Saudi population falls within the range of ages 18 to 24. Saudi Arabia, other than this benefit of the youth population, also enjoys a well-developed digital infrastructure. The Internet penetration in Saudi Arabia has nearly touched the entire population, mainly due to government efforts such as the installation of free Wi-Fi hotspots across the country. In addition, the kingdom has complete penetration of cellular devices. These dynamics result in the young population of the country spending a substantial amount of time on the Internet. For instance, the CST Commission of Saudi Arabia in 2023 reported that about 52.3% of the population of the kingdom spends seven hours on the internet.

The development of these scenarios brought about an extreme boom in the e-commerce industry of the kingdom. According to the CST Commission of Saudi Arabia, in 2023, as many as 63.7% of internet users bought products or services online within the country, and 74.6% of those purchases were made by women. Other than this, the General Authority of SMEs of Saudi Arabia envisages that the e-commerce sector of the country will reach revenue of approximately USD 56.2 billion by the end of 2024. Despite such huge growth, e-commerce sales account for only around 18% of the total retail sales. This, in turn, reflects the high growth that the market will gain during the forecasted period.

Saudi Arabia E-Commerce Market - Segmentation Analysis

  • By Product Type (Consumer Electronics, Apparel and Fashion, Home and Furniture, Food and Groceries, Others)
  • By Payment Mode (Cash Payment, Card Payment, Digital Wallet
  • By Business Model (Horizontal E-commerce, Vertical E-commerce)
  • By Browsing Method (App-based, Website-based)
  • By Transaction (Business-to-Business, Business-to-Consumer) and others

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This Section cover detailed analysis of revenue, market share and growth rate, historical data (2020-23) and forecast (2025-2030) of the following segmentation and geography.

Comprehensive Table of Contents – Saudi Arabia E-Commerce Market Analysis and Forecast, 2030

  1. Table 1: Introduction
  2. Table 2: Executive Summary
  3. Table 3: Market Regulations, Policies & Standards
  4. Table 4: Saudi Arabia E-Commerce Market Size, Share & Scope, 2020-2030F
  5. Table 5: Market Trends & Developments
  6. Table 6: Market Dynamics (Key Drivers, and Challenges)
  7. Table 7: Market Hotspots & Opportunities
  8. Table 8: Market Value Chain Analysis
  9. Table 9: Market Outlook, 2020-2030F
  10. Table 10: Market Size & Analysis by Revenues (USD Million): 
  11. Table 11: Market Size & Forecast 2020–2030 by Segmentation
  12. Table 12: Market Size & Forecast 2020–2030 by Geography
  13. Table 13: Key Strategic Imperatives for Success & Growth
  14. Table 14: Competitor Analysis of Saudi Arabia E-Commerce Companies

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Key Benefits for Industry Participants and Stakeholders

  • Insight into emerging market trends and investment opportunities
  • Understanding of regional market dynamics and competitive landscapes
  • Data-driven forecasts to support strategic decision-making
  • Access to industry benchmarks for performance evaluation
  • Identification of potential risks and growth challenges

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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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