Bangladesh IT Industry: Companies and Data

Bangladesh-based IT companies started to export software around two decades ago, joining the Business Process Outsourcing activity in the 1990s. In this period, the country diversified its services and became specialized in many areas of the IT sector. 

Based on a report delivered by Everest Group, in 2019, the value of the entire IT market in Bangladesh was $0.9 - 1.1 billion and is expected to grow to $4.6 billion by 2025. Also, the market registered a growth of 8,6% in the last year.  

Additionally, the government showed strong support for the local IT industry by promoting policies that facilitate the access of tech giants to the market and attracting investments. While most of the industry is focused on supporting in-country services, a significant number of IT players support regional and global development. 

Why Should You Work With Bangladesh-based Web Agencies & Companies?

Most of the Bangladesh companies provide the same services as other global players do, but at a significantly smaller price, which makes these companies a good destination for budget projects that focus on quantity more than on quality. 

What to Be Aware of When Working With Bangladesh-based Agencies

While the industry has improved its performance and seeks to compete with global IT destinations, Bangladeshi companies lack proficient management skills and high-end specialists who can provide a great experience.

Are Bangladesh-based Agencies Reliable? 

The number shows that a lot of web agencies are being founded and relocating to Bangladesh due to its cheap workforce, which means that locally, you could find good companies for great prices. On the other hand, relatively low management & IT knowledge of locals can be a reason to give a second thought about working with a Bangladeshi web agency.

How the Bangladeshi IT Sector Relates to the Neighboring Countries

The ability to operate for significantly lower prices (20-30% cheaper) than India & Philippines made Bangladesh a good destination for outsourcing in the last 5 years for ICT companies from all around the world.  

All in all, Bangladesh is a promising country in terms of IT infrastructure and human potential, but it lacks discipline and business culture. Also, compared to other cheap resources that make a competition for Bangladesh, the country is expected to be among the most developed in Southeast Asia in the near future.

Flutter is an open-source UI (User Interface) framework developed by Google for building natively compiled applications for mobile, web, and desktop from a single codebase.

It was officially introduced by Google in May 2017, although its development began earlier as an internal project named "Sky." It aimed to address challenges in cross-platform mobile app development by providing a consistent and high-performance framework for building native-like apps on iOS, Android, and other platforms. Flutter has since gained significant traction and popularity in the developer community.

Flutter has seen rapid adoption, thanks to its key advantages, such as a single codebase for multiple platforms, a rich set of pre-designed widgets, and fast development cycles. It has found use in various industries, including mobile app development, web development, desktop applications, and even embedded systems. Some notable apps developed with Flutter include Alibaba, Google Ads, eBay Motors, and more. Its usage continues to grow, and it has a strong developer community and ecosystem.

Flutter is versatile and suitable for a wide range of projects:

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Hourly rates for Flutter developers can vary significantly based on factors like location, experience, project complexity, and demand. On average, Flutter developers may charge anywhere from $25 to $150 or more per hour. Rates tend to be higher in regions with a higher cost of living, such as North America and Western Europe, and lower in regions with lower living costs, such as Asia and Eastern Europe.

It's important to note that more experienced and specialized Flutter developers with a strong track record may charge higher rates. Additionally, some developers or development agencies may offer fixed-price contracts for specific Flutter projects, which can vary widely based on the project's scope and requirements.

When hiring Flutter developers, it's essential to consider factors like their expertise, portfolio, and the complexity of your project. Getting multiple quotes and conducting interviews can help you determine a reasonable rate and find the right developer or team for your specific needs.

We have also written an extensive research of what skills you should be looking for when hiring Flutter developers.