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The Future Of Online Shopping in The UAE

E-Commerce is booming at a tremendous rate in the UAE. According to a report the UAE's e-commerce is expected to increase by 60% i.e more than $8 Billion by 2025. UAE especially Dubai is an international business hub with numerous businesses that have their presence here. It is one of the most sought-after tourist destinations too. The UAE government is keen on increasing revenue and thus takes the necessary steps to promote business in the country.

E-Commerce in UAE is increasing in tow with the global growth of businesses going online. It is expected to become one of the major revenue-generating sectors in the near future. Online shopping is becoming popular because of its inherent benefits. Some of the benefits of shopping on the web are that it saves valuable time and effort to go to a brick & mortar store and buy things. It is a convenient way of shopping from the comfort of the home. We get a lot of variety and options to compare the rates with other websites or manufacturers. There is no problem with parking and the best way to maintain social distance.

Women's Fashion, Men's fashion, Kids fashion, Electronics, Home Decor, Home furniture, formal outfits, casual looks, Women's Jewellery And Accessories, Women's Headwear, Women's Shoes, Dresses, Pants, trendy outfits, Streetwear Fashion etc are few of the hot selling online products in UAE.

Let us look at some of the reasons that indicate why the UAE e-commerce or online shopping market is expected to grow in the future:

  • Internet Penetration:
    According to UAE Internet Stats, it has a majority internet-using population. Around 9.98 million people here use the internet which represents around 99% of the total population. The average time spent on the internet in UAE is a whopping 8 Hours 36 mins (mobile: 4 hours 35 minutes & other devices: 4 hours 1 minute). The number of online shoppers is also very high and it is expected to increase every year. UAE has basic internet literacy and people are adapting online shopping as their preferred shopping option.
  • Income:
    UAE has the top per capita income among other counties. This means that the income of the citizens is very high as compared to other countries in the world. With high income comes purchasing power and appetite. Hence there is an increase in e-commerce in UAE because people tend to spend more and it is expected to multiply in the future.
  • Logistics:
    UAE has the best logistics network and infrastructure which facilitates swift movement of goods and aid in the flourishing of the e-commerce business in the country.
  • Digital Payment:
    Online shopping is done mainly by digital payment. UAE has a strong banking network and secured digital gateways for the security of its customers. More and more people are making digital payments and becoming familiar with internet banking and mobile banking. This further assists them in making quick and secure purchases from shopping websites.
  • Favourable Government Policies:
    The UAE Government is willing to promote e-commerce business in the country. It is promoting the investor and e-commerce companies to operate in the country. Many schemes and concessions are given to promote the businesses.
  • Presence of International Corporate Giants:
    UAE is a welcoming country. Many corporate giants around the world are investing and operating in the country. Colossal E-commerce marketplaces like Amazon are operating in the UAE. Numerous online shopping websites are running successfully in the UAE and it is expected to grow in the future.
E-commerce is growing rapidly in the UAE and it is expected to grow even more in the coming years. If you are planning to initiate a venture in the UAE, e-commerce is a good option.

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