The Relevance of SMEs in Saudi ICT Ecosystem

The Relevance of SMEs in Saudi ICT Ecosystem

  • April 2018 •
  • 10 pages •
  • Report ID: 5385980 •
  • Format: PDF
This IDC Market Perspective examines the roles of small and medium-sized enterprises (SMEs) in the Saudi ICT ecosystem and explores how SMEs can be key drivers of digitalization, economic development, and diversification. "SMEs play a pivotal role in the development of global economies, and Saudi Arabia is no different. Through the Saudi government's focus on economic diversification under Vision 2030, the country is aiming to increase the contribution of SMEs to the economy from around 20% in 2017 to some 35% in 2020. SMEs' expanding adoption of ICT will contribute significantly in this regard. As the economy develops and the business environment becomes more dynamic and competitive, substantial opportunities will open up for ICT services and solutions providers." -- Program Manager Jawad Khalil, IDC Saudi Arabia
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