This assignment delves into the crucial relationship between Information and Communication Technology (ICT) adoption and the performance of Small and Medium Enterprises (SMEs). It examines various theoretical frameworks such as TAM, TPB, and TOE, and analyzes their applicability in understanding SME ICT adoption behavior. Furthermore, it reviews empirical studies that investigate the impact of ICT on different aspects of SME performance, including financial performance, operational efficiency, and market competitiveness.