Internet spending in the Middle East is booming with GCC countries expecting a 40 percent growth in ecommerce by 2020. The potential of ecommerce in the Gulf is very high and by 2020 ecommerce sales across GCC countries is expected to touch $41.5 billion
Sarwant Singh, senior partner and practice director at Frost & Sullivan. The MENA region will be linked through 545 million connected devices and 390 million Internet users by 2020. Having such a level of connectivity will definitely lead to a different living ecosystem in the future. Connected life means being connected wherever a person is… Archana Amarnath, global research manager, Visionary Innovation Group, Frost & Sullivan.