Saudi Arabia Internet users spend over US$3 billion in B2C e-commerce in 2007

Details: Category: Trends & Forecasts; 18 January 2008; 9760 views

Spending by Saudi Arabian Internet users reached over US$3.2 billion last year...

Spending by Saudi Arabian Internet users reached over US$3.2 billion last year. Research by the Arab Advisors Group has shown real growth in e-commerce as a method of purchase in Saudi Arabia. Almost half of all Internet users questioned stated they had used Net-based E-commerce in 2007.

A new Arab Advisors Group major survey of Internet users in Saudi Arabia reveals substantial adoption of e-commerce in this affluent and booming economy. 48.36% of Internet users in Saudi Arabia reported purchasing products and services online and through their mobile handsets over the past 12 months. Based on the survey findings, the Arab Advisors Group estimates e-commerce users in Saudi Arabia to exceed 3.5 million consumers representing 14.26% of the population.

The survey report, Saudi Arabia Internet users and e-commerce Survey 2008, as released on January 6, 2008 and provides the results of a major comprehensive online survey of Internet users in Saudi Arabia. The survey covered the Internet usage, e-commerce and cellular usage and habits of the Internet users in Saudi Arabia. The survey field work was conducted between November and December 2007.

Respondents were randomly targeted by receiving an email shot in their inbox to ask them to fill the survey in cooperation with major online portals in the region. The survey report includes online replies from 1,919 respondents. Quality control checks and personal validation were conducted by Arab Advisors Group’s team. The survey was conducted on the general Internet population, including both genders and all age groups across Saudi Arabia. The online survey yields a confidence level of 99% with a margin of error of less than 2%.

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