India-based Mozanta to empower UAE SMEs with its ShopSphere solution

  • Date: 25-Nov-2022
  • Source: GCC Business News
  • Sector:Technology
  • Country:UAE
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India-based Mozanta to empower UAE SMEs with its ShopSphere solution

Representational Image | Image Courtesy: Mozanta

The unprecedented growth of eCommerce across the globe, driven by the pandemic, has made ‘being online’ an integral part of the retail industry. The eCommerce growth, particularly in the UAE during this period has been remarkable.

With one-third of UAE consumers buying online products or services at least once a week, the region clocked a growth of 35 percent in 2021, the highest in the MENA region. Moreover, according to a study by the Dubai Chamber of Commerce, the UAE eCommerce market value is expected to touch $9.2 billion in 2026.

With this rampant growth and faster shift towards eCommerce, it’s time for enterprises to strengthen their digital presence in order to fulfill the idea of next-gen commerce. To ride on this growth, companies will have to adapt and adopt new methods to do business online. While the rising internet penetration rates largely drive the expansion of the e-commerce industry, businesses will need to implement sturdy and reliable tech solutions to expand their online business rapidly.

AI-powered visual search, that customers to search for products using images. | Image Courtesy: Mozanta

As companies across sectors look for establishing processes and deploying Software-as-a-service (SaaS) to meet the rising eCommerce demand