United Arab Emirates Social Commerce Intelligence Report 2024: GMV will Increase from $999.73 Million in 2023 to Reach $2.86 Billion by 2029 - Social Shopping is Gaining Strong Momentum AmongShoppers - ResearchAndMarkets.com
Social commerce industry in United Arab Emirates is expected to grow by 22.7% on annual basis to reach US$1.22 billion in 2024.
- Social commerce industry in United Arab Emirates is expected to grow by 22.7% on annual basis to reach US$1.22 billion in 2024.
- The social commerce industry is expected to grow steadily over the forecast period, recording a CAGR of 18.5% during 2024-2029.
- The social commerce GMV in the country will increase from US$999.73 million in 2023 to reach US$2.86 billion by 2029.
- This trend is projected to continue further in 2024, resulting in a high-growth period for the social commerce market.