The document discusses the ICT software industry in Bangladesh. It notes that the ICT sector is poised for continued expansion, with an estimated worth of $600 million and over 250,000 professionals employed. Bangladesh has competitive advantages for the ICT sector, including low labor costs, high programmer productivity, and widespread English knowledge. The software industry in Bangladesh has over 800 registered companies and employs around 70,000 professionals. While the industry is growing, challenges include lack of infrastructure in rural areas, high prices of IT products, electricity issues, and a lack of practice opportunities for engineers.
2. Overview
ICT, or information and communications technology (or technologies), is the
infrastructure and components that enable modern computing.
ICT encompasses both the internet-enabled sphere as well as the mobile one
powered by wireless networks.
3. Bangladesh and ICT
ICT sector in Bangladesh is
poised for continued
expansion
.
Estimated worth of ICT
sector $600 million and
approximately 250,000
professionals are now
employed in the sector.
The number of internet
users has nearly tripled
from 6.5 percent of the
population in 2013 to
18.2 percent in 2016 and
continues to grow.
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6. Software
Software is a general term for the various kinds
of programs used to operate computers and
related devices.
Software
Application Software Operating Software
7. Software
Industry
Bangladesh
➔ The government amended
copyright laws for software and
other intellectual properties in
2000
➔ instituted ICT Task Force in 2001
★ 70,000 professionals, mostly IT
graduates, are employed
★ There are over 800 registered
software and ITES companies.
★ The impressive trends in software
exports in recent years played a
deterministic role as well.
9. Market Analysis
Total Human
Resource Employed
in the country
30,000+ professionals are
active at the moment in the
country.
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Revenue of
Software and ITES
industry
Almost 1800 crore (US$
250 million)
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Enterprise Number
More than 800
approximately.
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10. Prospects of Software Industry in
Bangladesh
Freelancing Sector
● Past year it has earned about US $2 million just by freelancing
which make it one of the finest prospects in the software
industry.
Technology in Educational
Institutions
● Schools and Colleges should be provided with enough
technological support, so that, students learn to use the IT from
tender age and make wonders when they are mature enough.
Mobile Applications
● Developing software by trained experts can help building high
quality mobile applications.
Online healthcare and
Government E-solutions
● Software could be developed for these purposes which will be
very efficient for the users. It will be quick and simple
11. Challenges of Software Industry in
Bangladesh
1
IT in village
VIllagers are
unaware
Hardware
Companies
Not enough
hardware
companies are here
in Bangladesh
2
Price of IT
Products
The price of IT
products is much
higher here in
Bangladesh
3
Electricity
It is a major issue in
our country due to
loadshedding.
4
Lack of practice
There are lot of
software engineers
in our country, but
they lack the
practice because of
lack of scope.
5
Political
Bindings
Due to political
reasons, it is
hampering the
industry.
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12. Recommendations to Software Industries
1 To Increase the tax exemption period for software
2 To provide VAT exemption at all stages of software & ITES
business
3 To Allow ITES (Information Technology Enabled
Services) business the same tax exemption benefit
4 To introduce Accelerated Depreciation method in use of
software, software solutions and hardware