Press release
PayNXT360 Expects the United Arab Emirates Social Commerce Market to Record a CAGR of 35.5% During 2022-2028| Social Commerce Industry Market Size and Forecast by Location| Social Commerce Industry Market Size and Forecast by Payment Method| Social Commer
The social commerce industry is expected to grow steadily over the forecast period, recording a CAGR of 35.5% during 2022-2028. The social commerce GMV in the country will increase from US$904.8 million in 2022 to reach US$5,350.0 million by 2028.
The smartphone and internet penetration rates are at an all-time high in the United Arab Emirates (the UAE). The country has one of the highest adoption rates globally, with 99% of the total population using one or the other social media platform. This is a clear indication of the increasing amount of time spent by consumers online and their association with various social networking sites. Following this shift in social media consumption and consumer behavior, an increasing number of brands in the UAE are focusing more on online offerings and seamless shopping experiences.
Scope
This report provides in-depth, data-centric analysis of social commerce in United Arab Emirates. Below is a summary of key market segments:
United Arab Emirates Ecommerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2019-2028
United Arab Emirates Social Commerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2019-2028
• United Arab Emirates Social Commerce Industry Market Size and Forecast by Retail Product Categories, 2019-2028
--Clothing & Footwear
--Beauty and Personal Care
--Food & Grocery
--Appliances and Electronics
--Home Improvement
--Others
• United Arab Emirates Social Commerce Industry Market Size and Forecast by End Use Segment, 2019-2028
--B2B
--B2C
--C2C
• United Arab Emirates Social Commerce Industry Market Size and Forecast by End Use Device, 2019-2028
--Mobile
--Desktop
• United Arab Emirates Social Commerce Industry Market Size and Forecast by Location, 2019-2028
--Domestic
--Cross Border
• United Arab Emirates Social Commerce Industry Market Size and Forecast by Location, 2019-2028
--Tier-1 Cities
--Tier-2 Cities
--Tier-3 Cities
• United Arab Emirates Social Commerce Industry Market Size and Forecast by Payment Method, 2019-2028
--Credit Card
--Debit Card
--Bank Transfer
--Prepaid Card
--Digital & Mobile Wallet
--Other Digital Payment
--Cash
• United Arab Emirates Social Commerce Industry Market Size and Forecast by Consumer Demographics & Behaviour,2021
--By Age
--By Income Level
--By Gender
To get detailed insights and FREE sample report please click here @
https://www.paynxt360.com/report-store/view/united-arab-emirates-social-commer-1390
Reason to buy
• In-depth Understanding of Social Commerce Market Dynamics: Understand market opportunities and key trends along with forecast (2019-2028).
• Insights into Opportunity by end-use sectors - Get market dynamics by end-use sectors to assess emerging opportunity across various end-use sectors.
• Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate social commerce strategy; assess market specific key trends, drivers, and risks in the industry.
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PayNXT360 is a strategy research and consulting firm providing a business intelligence on BNPL, prepaid cards, digital & mobile wallets, embedded finance, digital lending, remittance, and innovative payment solutions. Through exhaustive databases and in-depth analyst reports, we offer detailed and unbiased insights into emerging opportunities and risks across global markets. For more information, please visit our website www.paynxt360.com
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