GCC E-Commerce Market Size to Hit USD 2,081.1 Billion by 2034

The GCC e‑commerce market reached USD 584.8 billion in 2025 and is forecast to expand to USD 2,081.1 billion by 2034, growing at a compound annual growth rate (CAGR) of 15.15% between 2026 and 2034, a new market report from IMARC Group finds. The research highlights rapid digitalisation, near‑universal internet access in several states, rising smartphone penetration and youth‑led consumer demand as primary drivers of the region’s projected expansion.

"The GCC e‑commerce market size reached USD 584.8 Billion in 2025," IMARC Group states, projecting a jump to "USD 2,081.1 Billion by 2034" with a "growth rate (CAGR) of 15.15% during 2026‑2034."

The report identifies a set of structural and policy factors underpinning growth. Governments across the Gulf Cooperation Council — notably Saudi Arabia and the UAE — are rolling out regulatory frameworks and national visions that support digital commerce. Saudi Arabia’s Electronic Commerce Law, in force since 2019, requires e‑commerce providers to disclose trade and service data, protect personal data and address delivery delays, with penalties of up to SAR 1 million for violations. The Kingdom’s Maroof e‑commerce registration platform, operated by the Ministry of Commerce, hosts more than 75,000 online stores and aims to bolster consumer trust.

National strategies are also cited as market enablers: Saudi Vision 2030 includes measures to improve digital payments and streamline licensing to make online retail a larger contributor to economic diversification, while the UAE’s Centennial 2071 Vision is driving AI‑driven digital regulation and interagency implementation that penetrates retail, logistics and financial services.

Market composition and competitive landscape

• Key product categories identified in the report include home appliances, apparel, footwear and accessories, books, cosmetics and groceries.
• Transaction types segmented are business‑to‑consumer (B2C), business‑to‑business (B2B) and consumer‑to‑consumer (C2C).
• Country coverage spans Saudi Arabia, the UAE, Qatar, Bahrain, Kuwait and Oman, with Saudi Arabia and the UAE accounting for the bulk of transaction volume.
• Major platforms competing for share are Noon — backed by the Public Investment Fund (PIF) — and Amazon.ae (the Souq.com successor), both emphasising mobile‑first experiences and fast checkout flows for millennial and Gen Z shoppers.

IMARC Group highlights that generative AI and broader AI integration are accelerating across the region, with Saudi Arabia, the UAE and Qatar adopting AI in commerce and financial services and the UAE embedding AI across aviation, retail, logistics and telecoms. Platforms such as Noon and Amazon.ae have optimized their apps for faster navigation and checkout, reflecting a wider mobile‑first dynamic in the GCC market.

Outlook

The forecast to 2034 presumes continued investment in digital infrastructure, regulatory maturation and increased consumer confidence. The report points to deeper digital transformation across payments, logistics and customer engagement — including contactless transactions and regionalised platforms tailored to local preferences — as important drivers that will support the projected climb from USD 584.8 billion to over USD 2 trillion by 2034. While Saudi Arabia and the UAE are expected to remain the dominant volume engines, smaller GCC states are positioned to grow through localized platform customisation and improved logistics integration.