“E-Commerce” markets have been reaching new levels of heights ever since the beginning of the pandemic. Although, all the restrictions have come to an end this market seems to have continuous growth. Especially in the UAE, eCommerce has been thriving due to its convenience.
However, the growth of this market in UAE seems to be many times more when compared to other nations across the world and that is due to many reasons some of which are explained below
The Population That Is Digital Savvy
The UAE is filled with an age group that is digitally active almost all the time which makes the country the most suitable place for digital businesses to thrive in.
Customers of this age also tend to have a positive mindset towards the digital business platforms.
Digital Penetration Is Higher And Accessible
The online communication in the nation is highly sophisticated and mature. Almost 90% of the population has access to the internet all the time and this has resulted in creating a huge audience base for eCommerce.
Adoption To New Technology
The mobile wallets and other modes of safe online transactions have made it easier for the consumers to adapt to eCommerce businesses. Even the government has lended support by promoting online payment to establish a cashless society
And more than 70% of the UAE residents trust online payments providing every option of convenience highly accessible for the online shoppers.
Logistics And Distributions Are Enhanced
Logistics and distribution plays a very important role in eCommerce. The strategic location of the nation and its secure management helps grow the value of eCommerce businesses.
The scope and logistics of rocketing the value of eCommerce businesses is very high in the UAE and you can also easily expand globally.
Now if you are someone who is willing to establish an eCommerce business due to its fast economic growth or just know more information get in touch with our business experts today!