MIDDLE EAST AND AFRICA BIG DATA IN E-COMMERCE MARKET 2019-2028

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  MARKET OUTLOOK As per a report by Triton Market Research, the Big Data in e-commerce market in the Middle East and Africa is likely to surge at a CAGR of 12.02% in the estimated period 2019-2028. Saudi Arabia, Turkey, the United Arab Emirates and the Rest of the Middle East & Africa are the countries studied in the Middle East and Africa Big Data in e-commerce market.
The Middle East and Africa has been experiencing considerable growth in the e-commerce sector. The corporations in the region are making huge investments in Big Data intending to cope up with the global giants and cater to the growing demand from customers.
Big Data enables the companies to understand customer purchasing trends, patterns and preferences. This factor has resulted in an increasing demand for Big Data among e-commerce retailers, thereby creating potential opportunities for Big Data solution providers to expand in the region.
https://www.tritonmarketresearch.com/reports/middle-east-and-africa-big-data-in-e-commerce-market#request-free-sample With the growing internet penetration and the rising number of mobile users, there is a vast volume of data generation, thus fueling the need for Big Data to customize & manage the massive amount of data. These factors are aiding the growth of the regional market over the coming years.
It is reported that the majority of the population, approximately 91.9% in the United Arab Emirates, has internet access. There is an increased penetration of smartphones in the country.
Industries like e-commerce, food & beverage and logistics & transport are the most preferred sectors in the UAE. These factors indicate an increased generation of data by these industry verticals and a need for harnessing these data, consequently increasing the application of Big Data in the region.
COMPETITIVE OUTLOOK The significant players in the Big Data in e-commerce market are Teradata, Cloudera Inc, SAS Institute Inc, Data USA, Oracle, Microsoft Corporation, Hitachi Ltd, Dell Technologies, SAP SE, Guavus Inc and Amazon Web Services. Article Tags: Middle East, E-commerce Market Source: Free Articles from ArticlesFactory.com We are a leading market research company providing you with syndicated market insights, customized research reports and cost-effective consulting services for constructive decision making.
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