Please Wait.....
Report
Bangladesh ICT - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026 - 2031)
Market Report I 2026-02-09 I 100 Pages I Mordor Intelligence
Bangladesh ICT Market Analysis
The Bangladesh ICT market was valued at USD 8.88 billion in 2025 and estimated to grow from USD 9.44 billion in 2026 to reach USD 12.78 billion by 2031, at a CAGR of 6.25% during the forecast period (2026-2031). This sustained trajectory reflects policy-driven digitalization under the Smart Bangladesh Vision 2041, rising enterprise demand for managed services, and rapid adoption of cloud-first procurement models. Accelerated government spending on 5,400-plus digital centers, generous software-export tax incentives, and an emerging pool of 25,000 annual ICT graduates are reinforcing local supply capacity while attracting foreign contract work. Externally, continued interest from the United States, the European Union, and Japanese manufacturers in offshore development partnerships is anchoring a diversified export revenue pipeline. Competitive intensity remains moderate; incumbent telecom operators finance nationwide fiber and 4G upgrades that lower broadband costs, indirectly boosting digital-service consumption across banking, retail, and manufacturing.
Bangladesh ICT Market Trends and Insights
Consistent Digital-Transformation Programs Sustain Long-Run Demand
The Smart Bangladesh Vision 2041 provides clear multi-year budget allocations for e-government platforms, citizen-service kiosks, and public-sector cloud migration. Through the a2i program, 5,400 digital centers now dispense over 150 services, saving citizens the equivalent of USD 2 billion in travel and queuing costs. The government also targets the digitization of 1,800 additional services by 2031, ensuring a dependable pipeline of procurement opportunities for local vendors. Industry players benefit from predictable payment schedules and transparent tender portals administered by the Public Procurement Authority. Together these initiatives lower private-sector risk perception, enabling managed-service providers to plan data-center and talent investments over longer time horizons.
Rapid 4G-5G Expansion Lowers Connectivity Barriers
Spectrum fees were cut by 20% in 2024, allowing telecom operators to add new 2.6 GHz capacity without technology-specific licenses-a change introduced by the regulator to hasten 5G adoption. Improved backhaul boosts mobile download speeds and reduces last-mile costs for rural schools and healthcare clinics, promoting cloud-based application uptake. Although 5G handsets remain a minority of installed devices, domestic assemblers are launching sub-USD 150 models, narrowing the affordability gap. Cheaper bandwidth directly feeds demand for high-definition streaming and low-latency enterprise workloads, reinforcing the overall growth of the Bangladesh ICT market.
Currency Instability Compresses Margins
A 28.3% slide in the taka from 2022 to 2024 raised the local-currency cost of imported routers, servers, and licensed software. While export-oriented firms enjoy natural hedges, domestic system integrators absorb elevated working-capital needs. Corporate treasurers have shifted toward U.S. dollar billing for longer-term contracts, but small providers lack that bargaining power. Consequently, price-sensitive municipal projects are occasionally postponed, tempering short-term revenue for Bangladesh ICT market vendors.
Other drivers and restraints analyzed in the detailed report include:
IT-Outsourcing Momentum Enhances Export EarningsCashless-Payments Adoption Spurs Inclusive Digital CommerceEnergy Reliability Risks Add Operating Overheads
For complete list of drivers and restraints, kindly check the Table Of Contents.
Segment Analysis
In 2025, IT services captured 37.32% of Bangladesh ICT market share, buoyed by large multiyear outsourcing contracts from banks and mobile operators. The breadth of offerings-from application maintenance to contact-center solutions-makes the segment a first port of call for both public agencies and multinationals seeking localized execution. Major firms adopt ISO 27001 and CMMI Level 5 certifications to win offshore work, reflecting the maturing governance profile of the Bangladesh ICT market.
Cloud services posted the highest 6.46% CAGR and are expected to nearly double their contribution by 2031, propelled by government cloud-first directives and the entrance of local providers such as Brilliant Cloud, which serves more than 350 enterprise tenants. Demand centers on SaaS for accounting, HR, and low-code platforms, while IaaS growth concentrates on disaster-recovery workloads. Hardware sales remain resilient through nationwide retailers like Star Tech, whose 20-plus showrooms ensure physical availability of branded laptops and networking gear. Cybersecurity solutions receive increased budget allocations due to rising phishing and ransomware incidents, aligning with guidance from the U.S. International Trade Administration that identifies Bangladesh as a priority emerging security market. Voice and data communication services face ARPU erosion yet remain integral for bundled digital-service delivery.
The Bangladesh ICT Market Report is Segmented by Product Type (IT Hardware, IT Software, IT Services, and More), Enterprise Size (Small and Medium Enterprises, Large Enterprises), and End-User Industry Vertical (Government and Public Administration, BFSI, and More). The Market Forecasts are Provided in Terms of Value (USD).
List of Companies Covered in this Report:
IBM Corporation Microsoft Corporation Alphabet Inc. Oracle Corporation Cisco Systems, Inc. Amazon Web Services, Inc. Infosys Limited Wipro Limited BJIT Limited Skytech Solutions Inc. Grameenphone Ltd. Robi Axiata Limited Banglalink Digital Communications Limited Aamra Technologies Limited DataSoft Systems Bangladesh Limited Dohatec New Media Huawei Technologies Co., Ltd. Inceptial IT Solutions Brain Station 23 SSD-TECH Private Limited Bangladesh Submarine Cable Company Limited Reve Systems (Pvt.) Ltd.
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET LANDSCAPE
4.1 Market Overview
4.2 Market Drivers
4.2.1 Consistent digital transformation initiatives
4.2.2 Rapid 4G-5G network expansion
4.2.3 Growth in IT outsourcing demand
4.2.4 Expansion of cashless payments ecosystem
4.2.5 Large-scale smart-infrastructure projects (e.g., Dhaka Metro Rail)
4.2.6 Tax incentives for software exports and data-center builds
4.3 Market Restraints
4.3.1 Macroeconomic volatility and taka depreciation
4.3.2 Energy supply constraints for data-center uptime
4.3.3 Shortfall of advanced-tech talent
4.3.4 Data-localization and privacy-law uncertainty
4.4 Value Chain Analysis
4.5 Regulatory Landscape
4.6 Technological Outlook
4.7 Porter's Five Forces Analysis
4.7.1 Bargaining Power of Suppliers
4.7.2 Bargaining Power of Buyers
4.7.3 Threat of New Entrants
4.7.4 Threat of Substitutes
4.7.5 Intensity of Competitive Rivalry
4.8 Investment Analysis
4.9 Impact of Macroeconomic Factors
4.10 Industry Stakeholder Analysis
5 MARKET SIZE AND GROWTH FORECASTS (VALUE)
5.1 By Product Type
5.1.1 IT Hardware
5.1.1.1 Computer Hardware
5.1.1.2 Networking Equipment
5.1.1.3 Peripherals
5.1.2 IT Software
5.1.3 IT Services
5.1.3.1 IT Consulting and Implementation
5.1.3.2 IT Outsourcing (ITO)
5.1.3.3 Business Process Outsourcing (BPO)
5.1.3.4 Managed Security Services
5.1.3.5 Cloud and Platform Services
5.1.4 IT Infrastructure
5.1.5 IT Security/Cybersecurity
5.1.6 Communication Services
5.2 By Enterprise Size
5.2.1 Small and Medium-sized Enterprises
5.2.2 Large Enterprises
5.3 By End-user Industry Vertical
5.3.1 Government and Public Administration
5.3.2 BFSI
5.3.3 IT and Telecom
5.3.4 Energy and Utilities
5.3.5 Retail, E-commerce, and Logistics
5.3.6 Manufacturing and Industry 4.0
5.3.7 Healthcare and Life Sciences
5.3.8 Oil and Gas
5.3.9 Gaming and Esports
5.3.10 Other Verticals
6 COMPETITIVE LANDSCAPE
6.1 Market Concentration
6.2 Strategic Moves
6.3 Market Share Analysis
6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank-Share for key companies, Products and Services, and Recent Developments)
6.4.1 IBM Corporation
6.4.2 Microsoft Corporation
6.4.3 Alphabet Inc.
6.4.4 Oracle Corporation
6.4.5 Cisco Systems, Inc.
6.4.6 Amazon Web Services, Inc.
6.4.7 Infosys Limited
6.4.8 Wipro Limited
6.4.9 BJIT Limited
6.4.10 Skytech Solutions Inc.
6.4.11 Grameenphone Ltd.
6.4.12 Robi Axiata Limited
6.4.13 Banglalink Digital Communications Limited
6.4.14 Aamra Technologies Limited
6.4.15 DataSoft Systems Bangladesh Limited
6.4.16 Dohatec New Media
6.4.17 Huawei Technologies Co., Ltd.
6.4.18 Inceptial IT Solutions
6.4.19 Brain Station 23
6.4.20 SSD-TECH Private Limited
6.4.21 Bangladesh Submarine Cable Company Limited
6.4.22 Reve Systems (Pvt.) Ltd.
7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK
7.1 White-space and unmet-need assessment
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security