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Digital transformation in Saudi Arabia marks a pivotal milestone in the journey toward progress and prosperity. The Kingdom is recognized among the top ten advanced countries globally in the technological framework, standing out with its exceptional readiness and strategically developed infrastructure based on future-focused strategies. In this context, Al Matajir Al Raqamiyyah Co. Ltd. was founded, introducing its inaugural product , the DV STORE platform, designed to provide cutting-edge and innovative solutions.
Digital Transformation Overview
Retail Market Value
According to G-World, a leader in sector studies and analysis, predicted that Saudi Arabia’s retail market value is projected to reach 22101 billion SAR (176.5 billion USD) by 2026. The report highlighted consistent growth in E-commerce, increasing by 18.24% in recent years.
In 2022, retail sales surpassed 37 billion SAR (9.8 billion USD), driven by a significant shift toward modern retail practices by many merchants.
Additionally, Saudi Arabia’s GDP reached 29,000 SAR (7.7K USD) in Q2 2022, compared to 20,000 SAR (5.3K USD) in the same period in 2021.
Retail Market Size
E-commerce value
Sales
Synergy with Vision 2030
We strive with dedication to be the leading provider of smart and innovative digital solutions, aligned with the aspirations of sustainable economic development and digital transformation within the realm of technology. Our mission is to enhance community well-being, elevate urban quality of life, and embody the essence of Vision 2030.
