Value of card linked wallets e-commerce Saudi Arabia (KSE) 2023, with 2028 forecast

Published by
Raynor de Best,
Nov 19, 2024

Digital wallets are expected to take up about 30 percent of all e-commerce spending in Saudi Arabia by 2028, compared to 20 percent in 2023. This is according to hybrid research released in 2024, which - depending on the country - either used database modeling or data acquired via a consumer survey. Wallets ranked relatively low among Saudi Arabia's most-used online payment methods.

Value of transactions with card-linked and non-card-linked wallets in online shopping in Saudi Arabia (KSE) in 2023, with a forecast for 2028

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Source

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Release date

March 2024

Region

Saudi Arabia

Survey time period

2024

Number of respondents

750 per country

Special properties

Figures have been calculated by Statista, but originate from different sources depending on the country. See the "Details" tab for more information.

Method of interview

Online survey

Supplementary notes

The source shares data for 37 countries and territories across the world. Most of these come from a database from Juniper Research. 14 countries, however, did receive a separate survey. These countries are: Brazil, China, Colombia, India, Indonesia, Japan, Malaysia, Nigeria, Philippines, Saudi Arabia, South Korea, the terrority of Taiwan, Thailand, and Vietnam. The source does not add why this was the case.

This separate survey asked 750 e-commerce payments users in each of the 14 countries, leading to 10,500 respondents in total. The source adds that results were not weighted, and participants were incentivized to do so.

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