UAE e-commerce market growing rapidly

The e-commerce market in the UAE is currently valued at $2.5 billion, which is expected to touch $10 billion by 2018.

“E-commerce will be the UAE’s fastest growing business. It is expected to accelerate and create new businesses and job opportunities,” says Sarwant Singh, the head of Frost & Sullivan’s visionary innovation group.

According to Singh, the reason for such increase in e-commerce is due to increased connectivity, rapid proliferation of connected devices and services and the government’s initiatives encouraging a digital lifestyle.

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