News from 2020-05-07 / KfW Research

KfW SME Digitalisation Report 2019

Digitalisation projects are gaining traction in the SME sector but digitalisation expenditure has remained low for years

The most important findings are:

  • 40% of SMEs completed at least one digitalisation project
  • Digitalisation expenditure was EUR 19 billion per year
  • SMEs spent an average EUR 17,000 on digitalising their business
  • The coronavirus pandemic will trigger a surge in digitalisation

KfW SME Digitalisation Report 2019

Press release

Contact

KfW Research

KfW Group

Palmengartenstrasse 5-9

60325 Frankfurt

Germany

research@kfw.de

To KfW Research
Economic Research

Economic Research

Economic development in Germany and around the world, studies on topics relevant to society such as environmental and climate protection, demography, globalisation, innovation and sustainability, impact of KfW promotional programmes.

Read more