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.

Graphic Design is a creative service that combines art and technology and aims to convey ideas and messages through the use of visual elements such as images, colors, and typography in order to make a memorable impact on users.

Graphic design services include logo design, brand identity design, web design, print design, illustration, motion graphics, and more.

Graphic designers use a variety of graphic design software, the most popular being Photoshop with a market share of 43.8%. According to Colorlib. demand for graphic design professionals is predicted to grow by 3% through 2031.

Nowadays Graphic design is important for businesses of all sizes because a well-designed logo, website, or marketing campaign is the key to making your business visible and attracting new customers. Visuals have a strong impact on audience engagement, making communication more effective.

Knowing how important is graphic design service, you may ask how to choose the right company that provides these services in the best way. 

Here are a few things to draw your attention:

• The company’s portfolio and experience

• Communication style

• Creativity

• Pricing

• Client reviews

Considering all these factors you will be able to choose the right graphic design provider. There are over 11,800 graphic design companies listed on TechBehemoths. With the help of smart filters, you can easily find suitable partners to create a high-quality graphic design product. Alternatively, you can submit your project and the system will find the best match on your behalf.

To find out more about the best graphic designers on Dribbble based on the number of followers, read our blog article.

Jeroen van Eerden for instance, is one of the most followed designers on Dribbble, he worked for big names like Google, Disney, Adobe. He is one of the first 50 designers who received over 100K likes on Dribbble.

Have a look at one of his graphic design works for reference, to see how great a logo can look.

Image source 

Your logo is one of the first things your potential clients see. Its importance cannot be questioned, as the first impression matters.

Should you hire a freelancer or a graphic design agency?

The number of graphic design freelancers and agencies has grown in the past years, so choosing the right partner for your design related projects might be challenging. You need to clearly define your goals and decide what’s the best option for your needs.

Here are some visual representations to help you decide.

Why work with graphic design freelancers?

 Why not work with freelancers?

Why work with graphic design agencies?

Why not work with agencies?

Ultimately, these recommendations are meant to help you decide more easily. You don’t need to follow them exactly. For example, cost might not be a disadvantage to hire a graphic design agency, as depending on the region and company size, you can find affordable rates for your design work.

Here is a head to head comparison table for graphic design agencies vs freelancers.

The final decision depends on your preferences, needs, prior experience and project type. You can explore both verified freelancers and graphic design agencies on TechBehemoths, and select from more than 11,800 providers.