GCC GCC e-Commerce Retail is projected to have a considerable CAGR of around % during the forecast period. The factors attributing the growth of GCC e-Commerce Retail Market includes increasing internet penetration, increased profit margins due to direct distribution channels, rise in crude oil prices and developed infrastructure in large countries. The major GCC countries, such as Saudi Arabia, the UAE, Oman, and Kuwait, also have well-developed infrastructure, that also allows the e-commerce market to serve a larger population. The GCC countries have a large population that uses the internet, providing companies with a larger target market. Rise in exclusive launches on online stores like Amazon, Flipkart, also encourages e-commerce companies to gain a competitive advantage and expand their market share. Furthermore, other key market indicators, such as consumer spending, are growing rapidly in the GCC countries, creating numerous opportunities for the GCC e-commerce retail market growth.
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The global GCC e-Commerce Retail market is segmented based on customers, products and device used. Based on the customers, the market is further classified into business to consumer, business to business, and customer to customer. On the basis of products, the market is further segregated into electronics, fashion, books and magazines, and others(home décor, automobile, sports, beauty and personal care, kitchenware). Further on the basis of device used the market is categorized into smartphone, tablets, and personal computer.
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Global GCC E-Commerce Retail Market Segmentation
By Customers
· Business to Consumer
· Business to Business
· Customer to Customer
By Products
· Electronics
· Fashion
· Books and Magazines
· Home décor
· Automobile
· Sports
· Beauty and Personal Care
· Kitchenware
· Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
