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E-commerce adoption rate among SMEs to grow to 50% by 2020

Update On :16 March 2017

E-commerce adoption rate among SMEs to grow to 50% by 2020

E-commerce adoption among small and medium enterprises (SMEs) is expected to grow to 50% by 2020 from 32% in 2016, driven by the sector’s increasing interest in online business.

SME Corp Malaysia chief executive officer Datuk Hafsah Hashim said SMEs were expected to be the main growth driver in the e-commerce industry, moving forward.

The industry was poised to grow 11% per annum by 2020, accounting for 6.4% of gross domestic product, she told a press conference on the first National E-commerce Council meeting chaired by International Trade and Industry Minister Datuk Seri Mustapa Mohamed, who later launched the Go Global Malaysia programme here yesterday.

Among other things, the meeting discussed the implementation of the National eCommerce Strategic Roadmap for 2017 and 2018.

“Today, we can see more SMEs getting involved in e-commerce, and they will be supported by the Go Global Malaysia programme.

“We have already done it (e-commerce programmes for SMEs), but we want to do it better now. Go Global Malaysia is more comprehensive, a total end-to-end package for SMEs,” she said. She added that SMEs’ success in e-commerce was due to their efficiency in running their business.

News Source From : http://www.thestar.com.my/business/business-news/2017/03/16/ecommerce-adoption-rate-among-smes-to-grow-to-50-by-2020/

Image Courtesy : http://about.beauhurst.com/hs-fs/hubfs/e-commerce-1.jpg?t=1489053396740&width=682&height=319&name=e-commerce-1.jpg

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