Saudi Arabia E-Commerce Market Size, Share & Trend 2025-2030

Saudi Arabia E-Commerce Market Research Report: Forecast (2025-2030)

Saudi Arabia E-Commerce Market - By Product Type (Consumer Electronics, Apparel and Fashion, Home and Furniture, Food and Groceries, Others), By Payment Mode (Cash Payment, Card Pa......yment, 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 Read more

ICT & Electronics
Dec 2024
Pages 130
Report Format: PDF, Excel, PPT

Market Definition

E-commerce is an online digital marketplace where buyers and sellers communicate through platforms to more effectively trade a variety of goods, including apparel and fashion, consumer electronics, and more.

Market Insights & Analysis: Saudi Arabia E-Commerce Market (2025-30):

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. This growth in the market is largely due to the strong and expanding digital infrastructure of the country. The kingdom has a massive internet penetration of around 99% and a cellular mobile connection of over 49 million in 2024. Additionally, the kingdom is witnessing rapid expansion in digital payments due to accelerating growth in its fintech sector.

Report Coverage	Details
Historical Years	2020-23
Base Years	2024
Forecast Years	2025-30
Market Value in 2024	USD 15 Billion
Market Value in 2030	USD 29 Billion
CAGR (2025-30)	12%
Top Key Players	Amazon (Saudi Arabia), Noon, Ali Express, Jahez (Bookstore & Food), Hungerstation, Shein (Saudi Arabia), Careem, Extra, Jazp, Trendyol, Temu, and Others
Key Report Highlights	Market Dimensions & Projections Pricing Evaluation, Recent Strategic Moves by Companies, Primary Stakeholders, Analysis of Import and Export Trends, Competitive Landscape Assessment, Emerging Opportunities, Market Trends and Indicators

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For instance, the Central Bank of Saudi Arabia reported in April 2024 that the processing of digital transactions through Saudi Arabia’s national payment system has risen by 24% on a year-over-year basis to 10.8 billion payments in 2023. In addition to this, digital retail payments have witnessed rapid growth. These developments gave Saudi Arabia a strong foundation on which its e-commerce sector is accelerating. Apart from this, the sector is among the priority sectors of the government under its Vision 2030. This allowed for 100% foreign ownership of the e-commerce businesses in the country that have obtained government licenses and fulfilled the minimum capital criteria.

The strong government support resulted in substantial investment in the sector. For instance, the General SME Authority of Saudi Arabia stated that the total venture capital investment in the e-commerce sector stood at around USD 428 million in 2023. The development of such scenarios led to an increase in e-commerce businesses in the country. For instance, the number of licensed e-commerce platforms and stores during the first half of 2023 has reached 35,314, as per the kingdom's Commerce Ministry. It is nearly an increase of 23% for the same period in 2020. Such market dynamics will boost the growth in the Saudi Arabia E-Commerce Market over the foreseeable future.

Market Segmentation
Introduction
1. Product Definition
2. Research Process
3. Assumptions
Executive Summary
Saudi Arabia E-Commerce Market Funding and Investments Analysis
1. Entrepreneurial Activity
2. Year-on-Year Funding Received
3. Funding Received by Top Companies
4. Key Investors Active in the Market
5. Series Wise Funding Received
  1. Seed Funding
  2. Angel Investing
  3. Venture Capitalists (VC) Funding
  4. Others
Saudi Arabia E-Commerce Market Trends & Developments
Saudi Arabia E-Commerce Market Dynamics
1. Drivers
2. Challenges
Saudi Arabia E-Commerce Market Hotspot and Opportunities
Saudi Arabia E-Commerce Market Supply Chain Analysis
Saudi Arabia E-Commerce Market PESTLE Analysis
Saudi Arabia E-Commerce Market Regulations, Policies and Standards
Saudi Arabia E-Commerce Market Outlook, 2020-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Size & Analysis
  1. By Product Type
    1. Consumer Electronics - Market Size & Forecast 2020-2030F, USD Million
    2. Apparel and Fashion - Market Size & Forecast 2020-2030F, USD Million
    3. Home and Furniture - Market Size & Forecast 2020-2030F, USD Million
    4. Food and Groceries - Market Size & Forecast 2020-2030F, USD Million
    5. Others (Beauty & Wellness, Pharmaceutical Products, etc.) - Market Size & Forecast 2020-2030F, USD Million
  2. By Payment Mode
    1. Cash Payment - Market Size & Forecast 2020-2030F, USD Million
    2. Card Payment - Market Size & Forecast 2020-2030F, USD Million
    3. Digital Wallet - Market Size & Forecast 2020-2030F, USD Million
  3. By Business Model
    1. Horizontal E-commerce - Market Size & Forecast 2020-2030F, USD Million
    2. Vertical E-commerce - Market Size & Forecast 2020-2030F, USD Million
  4. By Browsing Method
    1. App-based - Market Size & Forecast 2020-2030F, USD Million
    2. Website-based - Market Size & Forecast 2020-2030F, USD Million
  5. By Transaction
    1. Business-to-Business - Market Size & Forecast 2020-2030F, USD Million
    2. Business-to-Consumer - Market Size & Forecast 2020-2030F, USD Million
  6. By Region
    1. Central Saudi Arabia
      1. Al-Qassim
      2. Riyadh
    2. Northern Saudi Arabia
      1. Ha’il
      2. Tabuk
      3. Al-Jawf
      4. Northern Border Province
    3. Western Saudi Arabia
      1. Madinah
      2. Makkah
      3. Al-Bahah
    4. Southern Saudi Arabia
      1. Asir
      2. Jazan
      3. Najran
    5. Eastern Saudi Arabia
      1. Eastern Province
  7. By Competition
    1. Market Share of Top Companies
    2. Competition Characteristics
Saudi Arabia Consumer Electronics E-Commerce Market Outlook, 2020-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Size & Analysis
  1. By Product Type
    1. Smartphones - Market Size & Forecast 2020-2030F, USD Million
    2. Laptops, Computers & Tablets - Market Size & Forecast 2020-2030F, USD Million
    3. Wearable Devices - Market Size & Forecast 2020-2030F, USD Million
    4. Others (Smart TVs, Speakers, etc.) - Market Size & Forecast 2020-2030F, USD Million
  2. By Payment Mode - Market Size & Forecast 2020-2030F, USD Million
  3. By Business Model - Market Size & Forecast 2020-2030F, USD Million
  4. By Browsing Method - Market Size & Forecast 2020-2030F, USD Million
  5. By Transaction - Market Size & Forecast 2020-2030F, USD Million
  6. By Region - Market Size & Forecast 2020-2030F, USD Million
Saudi Arabia Apparel and Fashion E-Commerce Market Outlook, 2020-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Size & Analysis
  1. By Product Type
    1. Clothing - Market Size & Forecast 2020-2030F, USD Million
    2. Footwear - Market Size & Forecast 2020-2030F, USD Million
    3. Others (Jewellery, Sportswear, etc.) - Market Size & Forecast 2020-2030F, USD Million
  2. By Payment Mode - Market Size & Forecast 2020-2030F, USD Million
  3. By Business Model - Market Size & Forecast 2020-2030F, USD Million
  4. By Browsing Method - Market Size & Forecast 2020-2030F, USD Million
  5. By Transaction - Market Size & Forecast 2020-2030F, USD Million
  6. By Region - Market Size & Forecast 2020-2030F, USD Million
Saudi Arabia Home and Furniture E-Commerce Market Outlook, 2020-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Size & Analysis
  1. By Product Type
    1. Home Décor - Market Size & Forecast 2020-2030F, USD Million
    2. Kitchen Appliances - Market Size & Forecast 2020-2030F, USD Million
    3. Others (Bedding and Linens, Sofas, etc.) - Market Size & Forecast 2020-2030F, USD Million
  2. By Payment Mode - Market Size & Forecast 2020-2030F, USD Million
  3. By Business Model - Market Size & Forecast 2020-2030F, USD Million
  4. By Browsing Method - Market Size & Forecast 2020-2030F, USD Million
  5. By Transaction - Market Size & Forecast 2020-2030F, USD Million
  6. By Region - Market Size & Forecast 2020-2030F, USD Million
Saudi Arabia Food and Groceries E-Commerce Market Outlook, 2020-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Size & Analysis
  1. By Product Type
    1. Fresh Produce - Market Size & Forecast 2020-2030F, USD Million
    2. Cooked Food - Market Size & Forecast 2020-2030F, USD Million
    3. Dairy Products - Market Size & Forecast 2020-2030F, USD Million
    4. Bakery and Bread - Market Size & Forecast 2020-2030F, USD Million
    5. Canned & Packaged Foods - Market Size & Forecast 2020-2030F, USD Million
    6. Others (Beverages, Snacks and Confectionery, etc.) - Market Size & Forecast 2020-2030F, USD Million
  2. By Payment Mode - Market Size & Forecast 2020-2030F, USD Million
  3. By Business Model - Market Size & Forecast 2020-2030F, USD Million
  4. By Browsing Method - Market Size & Forecast 2020-2030F, USD Million
  5. By Transaction - Market Size & Forecast 2020-2030F, USD Million
  6. By Region - Market Size & Forecast 2020-2030F, USD Million
Competitive Outlook
1. Company Profiles
  1. Amazon (Saudi Arabia)
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  2. Noon
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  3. Ali Express
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  4. Jahez (BookStore & Food)
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  5. Hungerstation
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  6. Shein (Saudi Arabia)
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  7. Careem
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  8. Extra
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  9. Jazp
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  10. Trendyol
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  11. Temu
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  12. Others
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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