We Are Excited to Share Our Latest Digital Report - Egypt 2024
As we navigate the ever-evolving digital landscape, staying ahead of trends and understanding the current market dynamics is crucial for success. we are thrilled to share our comprehensive Digital Report, which offers in-depth insights into the latest developments, emerging trends, and future outlooks in the digital domain.
đ **Key Highlights:**
- Detailed analysis of current market trends and consumer behaviors.
- Data-driven insights into competitive strategies and industry benchmarks.
- Forward-looking predictions to guide strategic planning and innovation.
This report is the culmination of rigorous research, analysis, and collaboration, designed to equip professionals, businesses, and enthusiasts with the knowledge to make informed decisions and strategies.
Whether you're looking to enhance your digital strategy, understand market shifts, or explore new opportunities, this report offers valuable perspectives and actionable insights.
đ Dive into the report for a deeper understanding of how these trends can impact your strategies and operations. Let's embrace the digital future together!
2. HELLO & WELCOME
As part of our unwavering commitment to the Arab world, we are proud
to present this report, which underscores our dedication to making a
substantive and positive impact in this vibrant market. Our mission is to
enhance the customer experience amidst the competitive landscape,
aiming for unparalleled success.
In the forthcoming period, our strategy centers on activating digital
engagement and driving innovation in marketing practices. We are
committed to forging robust strategic partnerships that not only align
with our vision but also propel us toward our mutual goals.
I extend my heartfelt gratitude to our team for their relentless effort
and collective spirit. Together, we stand on the cusp of a promising
future, filled with opportunities for growth and innovation. Let us
continue to push boundaries, embrace challenges, and work
collaboratively toward achieving our shared aspirations.
I encourage feedback and suggestions from all stakeholders as we
refine our strategies and move forward. Together, let's shape a future
that reflects our highest ambitions and values.
Shereen Badr
Founder & CEO of Medrara
Digital Marketing Agency
3. ABOUT US
Medrara is a leading digital marketing solutions
provider, specializing in creating exceptional digital
experiences for brands.
We navigate the ever-changing digital landscape
with innovative strategies, helping businesses
establish a strong online presence and achieve
measurable results.
Our tailored approach, based on understanding
each brand's unique needs, ensures a customized
strategy for success. At Medrara, we believe in the
power of storytelling to help businesses thrive in
the fast-paced digital environment, offering
comprehensive services focused on growth
4. Introduction
In 2023, Egypt faced economic challenges, marked by a
substantial 37.4% inflation rate and the devaluation of
the Egyptian Pound, escalating import and tourism
costs. The conflict in Ukraine further disrupted global
supply chains, driving commodity prices higher
The Egyptian government responded strategically,
raising interest rates to counter inflation and initiating
measures to boost economic growth, emphasizing
exports and foreign investment. With 72% of the
population connected to the Internet, this report
explores the intersection of economic dynamics and
the digital landscape, providing insights into the
challenges and opportunities in the digital age
6. Objectives of using the internet
COMMUNICATION
AND
SOCIAL CONNECTION:
66%
ENTERTAINMENT
AND
LEISURE
20%
INFORMATION
AND
EDUCATION
52%
E-COMMERCE
AND
ONLINE SERVICES:
NEWS
CONSUMPTION
50-60%
55%
of the population
ONLINE
GAMING
38%
of the population
9. (USAGE SHARE OF WEB BROWSERS FROM ACROSS DEVICES)
INTERNET USERS IN THE UAE BROWSE THE WEB USING DIFFERENT BROWSERS,
ACCORDING TO THE FOLLOWING PERCENTAGES:
Internet Browsers
10. 150K 210K
(Search engine preferences of Internet users
vary, with the percentages as follows:
Search Engines Market Share
Google
97.7%
Yahoo
0.29%
Bing
1.6%
DuckDuckGo
0.04%
Yandex
0.03%
other
0.35%
14. Listening To digital
Radio Stations
27%
Learning Objectives
Digital Broadcast
Listening To
Podcasts
17%
Listening To Digital
Music
60%
Listening To Audio
Books
12.5%
once a month
once a week
once a month
Most recent statistics
15. DIGITAL FINANCIAL SERVICES Most important wallet services
Send & Receive money to & from any wallet (P2P).
Cash in & out through agents and ATMs.
Account value load (AVL) through cards
and bank accounts.
Bill payments, Mobile balance recharge,
paying for services and donations.
Purchase (P2M) through websites, online
applications and in-stores via QR Code & R2P
Issuing a virtual card number (VCN)
for Internet purchases.
Receiving international remittances
through the mobile wallet.