E-Commerce

With the growing demand for online-based transactions, find out emerging opportunities that rise within Saudi's e-commerce market.

Saudi Arabia Ecommerce Consulting Firm
Saudi Arabia Ecommerce Market Opportunities
E-commerce market is undergoing rapid development. It is projected to reach $7,141 million in 2019 and is expected to grow at CAGR 9.5% (2019-2023), resulting in a market volume of $10,266 million by 2023. The Kingdom's government also actively easing the regulations to attract businesses.

Saudi has a total of 147 million internet users, 93 million active social media users, 312 million mobile subscriptions, as well as 83 million active mobile social users. These figures afford an inkling of the enormous potential the region has to offer for further growth. With Vision 2030, the strong growth along with the positive government approach in the region, shoppers can predict continual improvements in the value added by the ongoing upward trend in ecommerce.

Market Research Saudi will guide you through the sectors of e-commerce such as digitalization, digital wallet and social networking service. Our consultants will assist you through the ever-changing needs of buyers, beat competitors, and guide you to succeed in the market.

Our Key Service Offerings

Saudi Market Intelligence

Based on our hands-on experiences, we are able to provide evidence-based insights for clients. Our local marketplace insights also support clients to foresee the potential challenges and trends in the market.

Saudi Market Entry

We consider various options and cut down financial uncertainty for clients by mapping competitors, customers, partners, channels, suppliers and other market dynamics.

Saudi Competitive Intelligence

We examine and learn about market competition in Indonesia from best practices to avoid excessive omissions and reinventions. We guarantee that our clients will gain strategic advantage by discovering competitors’ blind spots, leveraging unaddressed opportunities and improving on others’ successes.

Saudi Customer Intelligence

Our team analyses customers’ buying trends for strategic input in new products development, map targeted customers’ demographics and behavior through buyers’ persona.

Our Success Stories

Transforming a Client into a Lifestyle & Entertainment Company aligned with the Saudi Vision 2030

As part of the Saudi Vision 2030, the Kingdom had seen radical transformations in an effort to promote tourism spend and improve the quality of life of all Saudi citizens and expatriates.

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Our Success Stories

Building a ‘Smart’ Distribution Hub​ in Saudi Arabia

Our team conducted a deep dive on the ‘distribution hub’ set up, which included a detailed benchmarking of key competitors, analysis of price levels and distribution structures.

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Insights

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Saudi Increases Localized Medical Manufacturing Amid COVID-19 Crisis

Concerns regarding a worldwide shortage of sanitizers, face masks, and ventilators, which are essential in the fight against COVID-19, has pushed Saudi Arabia to increase local production for these items. The recent statistics from the Saudi Food & Drug Authority showed that local factories have been producing 3.7 million face masks per week.

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SAGIA: Building Materials Market to Reach SAR 700 Billion by 2030

The Kingdom of Saudi Arabia has a large market with a growing demand for building materials, primarily being driven by the dynamics of the construction sector.

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Key Pillars Towards a Cashless Society in Saudi Arabia

The Kingdom of Saudi Arabia has launched its ambition through Vision 2030 to reform and diversify the Kingdom’s economy and create a vibrant society and country for people to live.

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SAMA Launches Licenses for Financial Technology Institutions

Licenses for non-bank financial institutions, in this case, Financial Technology Institutions, have been launched by the Saudi Arabian Monetary Authority (SAMA).

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