The Impact of SMEs E-Platforms in economic of Kingdom of Saudi Arabia
Author: Mohamed Adam*
Department of Management Information System, College of Business and Economics, Qassim University, Buraydah, Saudi Arabia.
Published Date: 2025-05-12
Keywords: MSMEs, Economic, E-Platform.
Abstract:
Micro, small, and medium enterprises (MSMEs) are vital to the economic development of Saudi Arabia, contributing significantly to job creation, innovation, and economic diversification. The advent of digital technology has introduced e-platforms as essential tools for MSMEs to enhance their operations, reach new markets, and improve competitiveness. This research paper explores the impact of e-platforms on MSMEs in Saudi Arabia, highlighting the benefits, challenges, and prospects.
The study employs a mixed-methods approach, collecting data from secondary sources such as previous reports and studies, and case studies. Findings indicate that e-platforms have significantly improved market access, operational efficiency, and innovation among MSMEs. However, challenges such as lack of digital skills, high implementation costs, cybersecurity concerns, and regulatory barriers hinder the full adoption of e-platforms.
Implementing digital skills training programs, providing financial support, enhancing cybersecurity measures, and investing in digital infrastructure. By addressing these challenges, Saudi Arabia can create a conducive environment for MSMEs to thrive in the digital economy, ultimately contributing to the Kingdom's Vision 2030 goals.
