Wednesday, October 08 - 2008

UAE Internet users spend over USD 1.15 billion in B2C e-commerce over the past 12 months

A new Arab Advisors Group major survey of Internet users in the UAE reveals substantial adoption of e-commerce in the affluent and booming economy.

  • United Arab Emirates: Sunday, September 09 - 2007 at 15:59
  • PRESS RELEASE



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51.2 per cent of Internet users in the UAE 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 the UAE to exceed 1.16 million consumers who have spent over US$ 1.15 billion over the past 12 months.

A new major survey of the Internet users in the United Arab Emirates, was concluded by the Arab Advisors Group on September 7, 2007. The survey report, UAE Internet users and e-commerce survey 2007, which has over 75 detailed exhibits and 64 pages, provides the results of a major comprehensive online survey of Internet users in the UAE. The survey covered the Internet usage, e commerce and cellular usage and habits of the Internet users in the United Arab Emirates. The survey was conducted in August 2007.

'The booming economy of the UAE, its burgeoning population and wide adoption of Internet, provide an ideal context for a thriving e-commerce scene. Our major survey of Internet users in the UAE revealed a massive size for B2C e-commerce in the country. This presents opportunities for global and regional e-commerce players to tap into this growing market,'



Mr. Jawad Abbassi, Founder and General Manager of Arab Advisors Group commented.

Respondents received an email shot in their inbox to ask them to fill the survey. The survey received online replies from 1,108 respondents who answered the survey questions online. The survey was conducted on the general Internet population, including both genders and all age groups across the UAE. The online survey yields a confidence level of 99% with a margin of error of less than 3%.

'The majority of UAE e-commerce users make their payments through credit cards: 83.8% of E-commerce users reported using credit cards as their e-commerce method of payment. Following credit cards, 31.7% of e-commerce users reported using bank account transfers for their payments.' Mr. Hussam Barhoush, Arab Advisors research analyst wrote in the survey report.

The Arab Advisors Group divided the survey questionnaire into two main sections: Telecommunications and Internet

The sections provide a balanced focus on the following areas:

Telecommunications

•Cellular subscriptions

•3G Cellular services

Internet

•Internet usage trends

•Internet subscription

•Internet usage

•Internet access methods and costs

•Internet user's sociability on the Internet

•E-commerce

•E-Banking and E-Government services




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Notes and media contacts

The Arab Advisors Group's team of analysts in the region has produced over 860 reports on the Arab World's communications and media markets.

The reports can be purchased individually or received through an annual subscription to Arab Advisors Group's (www.arabadvisors.com) Strategic Research Services (Media and Telecom). To date, Arab Advisors Group has served over 435 global and regional companies by providing reliable research analysis and forecasts of Arab communications markets to these clients.

Arab Advisors Group provides reliable research, analysis and forecasts of Arab communications, media, technology and financial markets. Arab Advisors Group Strategic Research Services (Media and Telecoms) are annual subscriptions. The services cover Nineteen countries in the Arab World: Lebanon, Syria, Jordan, Palestine, Iraq, Egypt, Sudan, Saudi Arabia, Yemen, UAE, Kuwait, Qatar, Bahrain, Oman, Libya, Tunisia, Algeria, Morocco and Mauritania. For more information, please contact the Arab Advisors Group offices.

Dana Khatib
+962.6.582 8849
Arab Advisors Group
A Member of the Arab Jordan Investment Bank Group
Amman
Tel 962.6.5828849
Fax 962.6.5828809
PO Box 2374, Amman 11821
Jordan
Medilyn Manibo Medilyn Manibo, Assistant News Editor
Sunday, September 09 - 2007 at 15:59 UAE local time (GMT+4)

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