TMCnet News
Research and Markets: Gulf Cooperation Council B2C e-Commerce Overview 2011May 30, 2012 (M2 PRESSWIRE via COMTEX) -- Research and Markets (http://www.researchandmarkets.com/research/5nsqnz/gulf_cooperation_c) has announced the addition of the "Gulf Cooperation Council B2C e-Commerce Overview 2011" report to their offering. This study was commissioned by Visa Middle East and prepared by IMRG International to report on trends, data and forecasts concerning B2C e-commerce in the Arabian Peninsula. The study focuses in particular to the member countries of the Gulf Cooperation Council (GCC): Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates. Online shopping in the GCC region is still in its early stages, but IMRG is convinced that the future is bright. In 2010 e-commerce volumes in the region totaled $3.3bn, but this is expected to grow exponentially in the coming years to reach $15bn by 2015. The United Arab Emirates accounts for the largest share: an estimated $1.9bn or around 60%, followed by Saudi Arabia ($520m), Qatar ($375m), Kuwait ($280m), Bahrain ($175m) and Oman ($70m). A young population, high disposable income, ambitious ICT investment programs, important e-government initiatives, a growing multichannel offer by retailers, and development of better and more reliable delivery and payment options are the main factors expected to drive e-commerce spend upwards in the years to come. Key Topics Covered: Executive Summary page General Overview page including - About the Gulf Cooperation Council (GCC) page - Economy of the GCC region page - Internet Usage in the GCC region page - Languages Used on the Internet page - e-Commerce and e-Services in the GCC region page - e-Government Initiatives page - Retail in the GCC region page - Conclusion page Country Profiles Annex A - GCC Countries compared (2010) page Annex B - Definitions page Acknowledgements and Sources page About IMRG International page About VISA page For more information visit http://www.researchandmarkets.com/research/5nsqnz/gulf_cooperation_c CONTACT: Research and Markets, Laura Wood, Senior Manager. [email protected] Fax from USA: 646-607-1907 Fax from rest of the world: 353-1-481-1716 Sector: E-Business (http://www.researchandmarkets.com/categories.asp?cat_id=41&campaign_id=5nsqnz) ((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to [email protected]. |