DHAKA: In the last three years Bangladesh has seen tremendous growth in the information and communications technology (ICT) sector.
It has a market of 160 million plus people, where consumer spending is around USD 130 billion plus and growing at 6 percent annually. After telcos launched 3G services in 2013, internet penetration in Bangladesh grew by 22 percent by the end of 2014. Of the 66.8 million active Internet subscribers (BTRC, Sept 2016), nearly 96 percent are mobile users and 10 million smartphone users. With growing Internet connectivity, availability of cheaper smartphones, and rapid rise in social networking (23 million plus Facebook users), we have seen an increasing emergence of digital savvy consumers.
Here are three main reasons for growth in ICT sector.
