Wednesday, 6 April 2011

E-commerce surges in Saudi Arabia, billions spent on-line


"A new Arab Advisors Group survey of Saudi Arabia’s Internet users revealed that around 39% of the adult Internet users inthe country buy products and pay for services online through e-commerce services. Electronics are the most popular products bought online, followed by software, while airline tickets booking and hotel reservations arethe top services paid for online.

A new major survey of the Internet users in Saudi Arabia was concluded by the Arab Advisors Group in January 2011. The survey revealed that around 39% of adult Internet users in Saudi Arabia buy products and pay for services online. The Arab Advisors Group conservatively estimates the number of these users to be around 3.1 million which is around 12% of the total population in Saudi Arabia. These e-commerce users have spent an estimated US$ 3 billion on buying products and paying for services through e-commerce transactions in 2010.

The survey also showed that out of the respondents who have a fixed broadband connection (WiMAX or ADSL) at home,18.6% share it with their neighbors. Moreover, the survey revealed that WiMAX operators had a 9.3% share of residential broadband Internet accounts in the country.

The survey report, "Saudi Arabia Internet Users and e-commerce Survey 2011" was released on January 30, 2011 and provides the results of a major comprehensive online survey of Internet users in Saudi Arabia. The survey probed the patterns and trends of Internet use in Saudi Arabia including online and video gaming, mobile Internet, e-commerce, online banking (e-banking) and e-government. The report has 84 pages and 97 exhibits.

Respondents were randomly targeted by receiving an email shot in their inbox utilizing multiple reputable mailing-list operators in Saudi Arabia. The survey results encompass answers from 1,154 respondents that passed rigorous quality control checks. Quality control was conducted by Arab Advisors Group’s team and included checking email addresses for authenticity and built-in question redundancy to filter outnon-serious respondents. The survey was conducted on the general Internet population, including both genders and all age groups across Saudi Arabia. The online survey yields a confidence level of 99% with a margin of error of less than 4%.

This survey report can be purchased from the Arab Advisors Group for only US$ 1,750 for subscribers to Arab Advisors Strategic Research Services. Non-Subscribers to Arab Advisors Groups Strategic Research Services can order the report for US$ 2,250.

Please contact the Arab Advisors Group to get a copy of the report’s Table of Contents."

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5 comments:

  1. Really it is a great news that the Saudi Arabia market became aware of the importance of the online services specially the e-commerce service; in order to make profit online.

    take a look at my blog to know more about the e-commerce solution in Saudi Arabia, without any extra fee for international money transfer since the transfer will be done locally within KSA

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  2. Saudi Arabia’s economy is largely oil-based with strong government controls on most economic activities. Saudi Arabia is the world’s largest exporter of petroleum and is an important member of the OPEC.

    ReplyDelete
  3. Know More about the eCommerce trends and importance in Saudi Arabia.
    Learn how to build a good eCommerce website with details steps. Click at eCommerce Development in Saudi Arabia above for a similar blog post by Arshaad.

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  4. The future of e-commerce in Saudi Arabia: http://www.ksa-economist.com/2014/09/the-future-of-e-commerce-in-saudi-arabia.html

    ReplyDelete