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.

Have you ever noticed how some websites and apps just feel easier to use than others? That's because of the UX/UI design - basically, the people who make sure everything looks good and is easy to navigate.

UX/UI design services are closely connected, but they are not the same. They are actually about different parts of the design and to be effective they must work together.

• UI (user interface) design concentrates on visual elements. It is all about how things look and work on a product, like colors, fonts, and buttons.

• UX (user experience) refers to the overall experience a person has with a product  – how easy it is to use the product, how it makes the user feel, and whether it is possible to easily get what is needed from it.

According to research conducted by Forrester, a well-designed user interface (UI) can increase a website's conversion rate by 200%, whereas a better user experience (UX) design could raise it by up to 400%.

In this connection, the importance of UX/UI Design cannot be overstated. Nowadays users have high expectations for the products they use, if a product is not easy to use or enjoyable, users will quickly abandon it. 

UX/UI design can help:

• Enhance user satisfaction

• Reduce bounce rates

• Lead to higher customer retention and revenue

UX Design has also an important role in Inclusive Government Design, which makes government services accessible and user-friendly for diverse and marginalized communities.  

But how do choose the right UX/UI Company? 

1. Review the company's portfolio and make sure they have experience in your industry

2. Look for companies that understand your target audience to meet their needs.

3. Inquire about their design process: research, wireframing, prototyping, and testing.

4. Choose a company that maintains transparent and open communication and keeps you involved throughout the design process.

5. Read client reviews to check their reputation and client satisfaction.

6. A good design company should be up-to-date with the latest design trends and technologies.

Taking into consideration all these tips you will manage to select the right UX/UI Design Company that will help to achieve your goals. 

There are over 8766 UX/UI Design companies on the TechBehemoths platform. Check their profiles, their strong portfolios, and previous clients' reviews before you make a decision. With the help of smart filters, you can easily find suitable partners to deliver exceptional digital experiences. Alternatively, you can submit your project, and this way we will find the best match on your behalf.

 Moreover, if you are interested to know UI and UX Design challenges, discover a few bad UX Design examples and find out how to fix them, we invite you to our blog.