Potential of Online Business in Oman
Online buying and selling in Oman is rapidly growing and is expected to create 200,000 new jobs by 2028. According to recent reports, the online market in Oman is projected to reach $2.64 billion by 2025 and $6.57 billion by 2030.
Currently, the private sector in Oman accounts for 69.5% of the workforce, while 16.2% are employed in the public sector and 14.3% in other sectors. These statistics highlight the need to increase participation in emerging sectors such as online business.
To succeed in this field, key skills include e-commerce management and digital marketing. It is predicted that 42,000 small and medium-sized enterprises currently registered will be able to transition to the online space in the next five years.
The potential of online business in Oman includes modern technologies, access to global markets, and the rapid growth of online consumption. With the expansion of digital infrastructure and increasing consumer trust in online shopping, this sector can significantly impact economic growth and business innovation. Leveraging these capacities can position Oman as a leader in online business in the region.
Source: Potential of Online Business in Oman – Oman Observer
