Saudi Arabia E-Commerce Market Size & Insights

The Saudi Arabia E-Commerce Market size was valued at around USD 15 billion in 2024 and is projected to reach USD 29 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 12% during the forecast period, i.e., 2025-30. The Global Saudi Arabia E-Commerce Market is significantly growing due to several growth factors, including the rapidly growing gaming industry, the rising demand for electronic devices, including TVs, smartphones, monitors, wearables, etc., the infrastructural development & expansion of production facilities, and the integration of artificial intelligence in Saudi Arabia E-Commerce. 

What are the Key DROs in the Saudi Arabia E-Commerce Market??

Tech-Savvy Population Boosting E-commerce Sector – Saudi Arabia has more than 36 million people in its population. The average age of the country is approximately 30, roughly 25% of the Saudi population falls within the range of ages 18 to 24. Saudi Arabia, other than this benefit of the youth population, also enjoys a well-developed digital infrastructure. The Internet penetration in Saudi Arabia has nearly touched the entire population, mainly due to government efforts such as the installation of free Wi-Fi hotspots across the country. In addition, the kingdom has complete penetration of cellular devices. These dynamics result in the young population of the country spending a substantial amount of time on the Internet. For instance, the CST Commission of Saudi Arabia in 2023 reported that about 52.3% of the population of the kingdom spends seven hours on the internet.

The development of these scenarios brought about an extreme boom in the e-commerce industry of the kingdom. According to the CST Commission of Saudi Arabia, in 2023, as many as 63.7% of internet users bought products or services online within the country, and 74.6% of those purchases were made by women. Other than this, the General Authority of SMEs of Saudi Arabia envisages that the e-commerce sector of the country will reach revenue of approximately USD 56.2 billion by the end of 2024. Despite such huge growth, e-commerce sales account for only around 18% of the total retail sales. This, in turn, reflects the high growth that the market will gain during the forecasted period.

What are the Key Segments in the Saudi Arabia E-Commerce Market?

The Saudi Arabia E-Commerce is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

By Product Type

-Consumer Electronics - Market Size & Forecast 2020-2030F, USD Million

-Apparel and Fashion - Market Size & Forecast 2020-2030F, USD Million

-Home and Furniture - Market Size & Forecast 2020-2030F, USD Million

-Food and Groceries - Market Size & Forecast 2020-2030F, USD Million

-Others (Beauty & Wellness, Pharmaceutical Products, etc.) - Market Size & Forecast 2020-2030F, USD Million

By Payment Mode

-Cash Payment - Market Size & Forecast 2020-2030F, USD Million

-Card Payment - Market Size & Forecast 2020-2030F, USD Million

-Digital Wallet - Market Size & Forecast 2020-2030F, USD Million

By Business Model

-Horizontal E-commerce - Market Size & Forecast 2020-2030F, USD Million

-Vertical E-commerce - Market Size & Forecast 2020-2030F, USD Million

By Browsing Method

-App-based - Market Size & Forecast 2020-2030F, USD Million

-Website-based - Market Size & Forecast 2020-2030F, USD Million

By Transaction

-Business-to-Business - Market Size & Forecast 2020-2030F, USD Million

-Business-to-Consumer - Market Size & Forecast 2020-2030F, USD Million

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By Region

-Central Saudi Arabia

-Northern Saudi Arabia

-Northern Border Province

-Western Saudi Arabia

-Southern Saudi Arabia

-Eastern Saudi Arabia.

Who are the Key Players in Saudi Arabia E-Commerce Market?

Amazon (Saudi Arabia), Noon, Ali Express, Jahez (Bookstore & Food), Hungerstation, Shein (Saudi Arabia), Careem, Extra, Jazp, Trendyol, Temu, and Others.

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Saudi Arabia E-Commerce Market News

• 2025: BOE Technology Group showcased curved and foldable automotive displays up to 17 inches, featuring a unique “breathing display” design. The company also planned curved Mini LED monitors, including a 34″ (1500R, 165Hz) and a 39.7″ (1400R, 144Hz) model with high resolutions and over 1,000 dimming zones. These products began launching in late 2023 and continued into 2025.

• 2025: LG Display launched the LG UltraFine 40U990A-W is a 40-inch curved business monitor. It features a sharp 5K2K resolution (5120×2160), Thunderbolt 5 connectivity, and a smooth 120Hz refresh rate. With a 1000R curve, it offers an immersive viewing experience.

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