Lucidity Insights

e-Commerce Revenue Growth by Sector ($M)

Published date 15 June 2022
e-commerce revenue growth by sector ($m)

Currently the Saudi eCommerce market stands at $6.6 billion USD, and by the end of 2024, it is expected to reach $8 billion USD. This is foundational for the growth of fintechs in the region, especially as digital payments is the largest segment of fintech that is pushing the industry forward.