Press release
Oman E-Commerce Market 2022 Growth Outlook - Namshi, Amazon Inc. (Souq.com)?, LuLu Group International, Ubuy.com, ebay, Talabat, Mumzworld
The Oman E-Commerce Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The Oman E-Commerce Market was valued at USD 2.19 billion in 2020, and it is expected to reach USD 6.52 billion by 2026, registering a CAGR of 20.1% during the forecast period (2021-2026).
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Top Leading Companies of Oman E-Commerce Market are Namshi, Amazon Inc. (Souq.com)?, LuLu Group International, Ubuy.com, ebay, Talabat, Mumzworld, Markeetex, VogaCloset, Salman Stores LLC, Danube Home, extra.com, Accelerated Trading and Technologies LLC (Akeed), Jazp and others.
Industry News and Updates
January 2020 - Ooredoo launched a new set of standards for its pay plus mobile wallet, which helps the customers to enable a wide range of transactions via a single app on a mobile device, including payments, deposits, and transfers. The company is also able to start its services in 1500 locations across the country, such as Oman Oil petrol stations, McDonald's, Caribou cafe, Nesto, etc.
Key Market Trends
Increased Consumer Spending is expected to drive this Market
- The overall economic growth of this country is expected to drive the E-Commerce market. Rapid urbanization and industrialization are infusing, increasing the consumer spending power for this country. According to the World Bank data, the consumer spending for this country is increased by 0.02% from its previous year 2018.
- Moreover, different government initiatives and regulations are supporting the growth of this market. The Ministry of Commerce and Industry is continuously influencing people to adopt e-commerce for shopping, import, and other activities. For instance, MOCI recently launched 'Shop from Your Home' initiative to prevent the transmission of COVID 19 virus for this country. Moreover, the government is also encouraging home business owners and small and medium enterprises to promote their products and use modern methods and technologies to market different products internationally.
Regional Outlook of Oman E-Commerce Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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https://www.marketinsightsreports.com/reports/02082593512/oman-e-commerce-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=PD
What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Oman E-Commerce Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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