12 Mar 2025 
Contents
Bangladesh is steadily transforming into a global technology hub. With a young, skilled workforce and competitive service offerings, IT outsourcing in Bangladesh has become an attractive choice for businesses seeking cost-effective IT solutions. The country’s IT outsourcing sector has seen remarkable growth supported by government initiatives, increasing digital adoption, and a strong startup ecosystem. As Bangladesh continues to expand its footprint in the global IT services market, it is solidifying its reputation as a key player in the outsourcing industry.
Bangladesh is emerging as a growing market fueled by a large domestic consumer base, a rapidly expanding middle and affluent class, and remarkable digital adoption. The country now hosts over 2,500 startups across diverse sectors, such as financial technology (fintech), logistics and mobility, and e-commerce.
Bangladesh as an Economy
The IT industry is one of the most promising sectors contributing to the economy’s growth. With a market size expected to reach 789 USD million by 2025, Bangladesh is positioning itself as an emerging player in global IT services.
Between 2016 and 2021, Bangladesh achieved an impressive average annual GDP growth rate of 6.4%, surpassing countries like India, Indonesia, and the Philippines, and far exceeding the global average of 2.9%. By 2022, the country’s GDP per capita had reached approximately 2,800 USD, already higher than India’s. At its current pace of growth, Bangladesh is projected to attain upper-middle-income status by 2031.
Bangladesh has demonstrated remarkable resilience to global economic shocks, achieving an annualized growth rate of 5.5% during the 2007–2009 global financial crisis, far surpassing the global average of 0.4%. In 2020, its GDP grew by 3.4%, making it one of the few Asian economies to expand during the COVID-19 pandemic.1
Economy of Bangladesh at a Glance:
 |
Gross Domestic Product | Data (Year) |
| Annual GDP | USD 437.4 Billion (2023) | |
| GDP Per Capita | USD 2,551 (2023) | |
| Income Category | Low Middle-Income (2023) | |
 |
People | Data (Year) |
| Population | 175 Million (2025) | |
| Literacy Rate | 76% (2021) | |
| EF English Proficiency Index | Moderate Proficiency (2024) | |
 |
IT Sector | Data (Year) |
| IT Services Market Size | USD 2.1 Billion (2025) | |
| IT Outsourcing Market Size | USD 789 Million (2025) | |
| Number of Registered Software Companies | 1,500+ (2025) | |
 |
Business Environment | Data (Year) |
| Ease of Doing Business | Score: 45 | Rank: 168 (2020) | |
| Political Stability and Absence of Violence/Terrorism | Percentile Rank: 15.6 (2023) | |
| Corruptions Perceptions Index | Score: 24/100 | Rank: 149/180 (2023) |
The Growth Story of the Software Development and IT Industry in Bangladesh
Bangladesh’s IT outsourcing sector is booming, with revenues expected to hit 2.11 billion USD by 2025 and grow to 3.3 billion USD by 2029 at a strong 11.83% CAGR. This expansion is driven by digital transformation, rising IT investments, and government support.
More global companies are choosing IT outsourcing in Bangladesh due to its cost-effectiveness and skilled workforce. The demand for cloud solutions is also surging, fueled by remote work and the need for efficient data storage.
The IT outsourcing sector in Bangladesh has a projected revenue reaching a 2.11 billion USD by 2025. This growth trajectory reflects the country’s emergence as a competitive player in the global IT landscape, fueled by innovation, investment, and strategic positioning as an outsourcing hub.
IT Outsourcing Industry: The Growth Engine for Bangladesh
The growth of IT outsourcing in Bangladesh driven by the rising investments in workforce development, with IT companies focusing on upskilling employees to meet the global standards.
The demand for affordable, high-quality IT services is attracting international clients, especially from developed nations. With a large, tech-savvy workforce and strong government support through incentives and tax benefits, Bangladesh is expanding its IT services. This includes software development, cloud computing, and big data analytics.2
As the U.S. IT outsourcing market leads with a projected $213.6 billion in revenue by 2025, Bangladesh has a prime opportunity to tap into this lucrative sector.
Find Your Perfect Software Outsourcing Partner
Unlock a world of trusted software outsourcing companies and elevate your business operations seamlessly.
Discover CompaniesTop Software and IT Companies in Bangladesh
We have analyzed publicly available data on software companies in Bangladesh and compiled a list of the top 10 firms based on employee count. These companies serve both global outsourcing markets and the local software industry.
Bangladesh’s software sector is highly fragmented, dominated by numerous small firms rather than a few large players. This reflects its status as an emerging market. While our ranking focuses on workforce size, some highly reputed companies operating in Bangladesh may not appear on the list due to their smaller team sizes.
| Name of the Company | Total Employees | No. of Employees in Bangladesh | % of Employees in Bangladesh |
|---|---|---|---|
| Brain Station 23 | 925 | 845 | 91.4% |
| BJIT | 745 | 640 | 85.9% |
| BRAC IT | 550 | 550 | 100.0% |
| SELISE Digital Platforms | 590 | 455 | 77.1% |
| Enosis Solutions | 440 | 430 | 97.7% |
| DataSoft Systems Bangladesh Limited | 415 | 405 | 97.6% |
| Oracle | 202,590 | 400 | 0.2% |
| Therap (BD) Ltd. | 350 | 345 | 98.6% |
| Samsung R&D Institute Bangladesh | 345 | 340 | 98.6% |
| Optimizely | 1,530 | 320 | 20.9% |
| TigerIT Bangladesh Ltd. | 325 | 320 | 98.5% |
Bangladesh Association of Software and Information Services (BASIS)
BASIS (Bangladesh Association of Software and Information Services), founded in 1998, is the national trade body for Bangladesh’s software and IT-enabled services (ITES) industry. With 1,800+ members, it represents a major share of the country’s IT revenue.
BASIS focuses on:
- Market Development: Expanding domestic & global opportunities
- Capacity Building: Providing training & resources
- Policy Advocacy: Promoting business-friendly government policies
- Tech Events: Organizing BASIS SOFTEXPO and industry summits
It also collaborates with government agencies to drive IT sector growth.
Top Universities in Bangladesh for IT Education
We analyzed universities in Bangladesh listed on the University Grants Commission (UGC) website and examined LinkedIn alumni data to identify the top 10 institutions with the largest number of graduates working in engineering and IT. The ranking is based on alumni career paths in these fields, though some may come from non-IT disciplines such as electrical or mechanical engineering. Since the data is derived from LinkedIn profiles, it reflects professionals who have documented their careers on the platform, offering insights into the universities producing the most IT and engineering professionals in Bangladesh and beyond.
| Institution | Rank in Bangladesh | Total Alumni | No. of Alumni in IT & Engineering Roles | % of Alumni in IT & Engineering Roles |
|---|---|---|---|---|
| Bangladesh University of Engineering and Technology | 2 | 37,400 | 9,500 | 25.4% |
| Daffodil International University | 9 | 60,600 | 9,110 | 15.0% |
| University of Dhaka | 1 | 151,500 | 6,800 | 4.5% |
| North South University | 8 | 65,100 | 4,650 | 7.1% |
| Jahangirnagar University | 4 | 34,500 | 3,910 | 11.3% |
| Ahsanullah University of Science and Technology | 30 | 20,500 | 3,700 | 18.0% |
| Khulna University of Engineering & Technology | 21 | 17,000 | 3,650 | 21.5% |
| Chittagong University of Engineering & Technology | 23 | 15,100 | 3,400 | 22.5% |
| BRAC University | 6 | 33,100 | 3,300 | 10.0% |
| Dhaka International University | 46 | 27,400 | 3,100 | 11.3% |
Conclusion
Bangladesh is rapidly transforming into a key player in the global economy. The growth is driven by its resilient workforce, thriving IT sector, and strong economic growth. With a young, tech-savvy population and increasing investments in digital transformation, the country is emerging as a competitive outsourcing hub. Government support, steady GDP expansion, and a growing software industry further reinforce its potential. Bangladesh is steadily positioning itself for upper-middle-income status, leveraging its strengths to make a lasting impact on the global stage.
If you’re looking to outsource in Bangladesh and tap into its thriving IT sector, let us help you connect with the best companies through Enosis Outsourcing. Contact us today to learn more and explore the opportunities Bangladesh has to offer!
