According to Dubai Chamber of Digital Economy, the cumulative annual growth rate of the UAE e-commerce market will reach 8.4% between 2023 to 2027 with a projected revenue of 17.2 billion dollars.
The UAE is the 27th largest market for e-commerce already.
The rapid development of the sector is based on rising demand for online shopping, improvement of payment systems and services, as well as steady infrastructural investment flows.
(WAM, March 3, 2023)