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4,500+

Registered software & IT companies in Bangladesh (2026)

$1.9B

ICT exports in 2024

400K+

IT & ITES professionals employed

$9.44B

ICT market size 2026 (Mordor Intelligence)

Bangladesh is one of the fastest-growing software development hubs in the world. Below is a collection of the latest statistics on the country's software and IT industry — updated for 2026, with sources cited so the data can be used with confidence.

Market Size & Growth

ICT market size 2026: $9.44 billion, projected to reach $12.79 billion by 2031 at a 6.26% CAGR (Mordor Intelligence, 2026).

ICT exports 2024: $1.9 billion — one of Bangladesh's fastest-growing export sectors.

Computer services export earnings: Approx. $548 million in fiscal year 2022-23 (Export Promotion Bureau, Bangladesh).

Companies & Workforce

Registered companies: Over 4,500 registered software and IT companies as of 2026, employing more than 400,000 professionals.

BASIS members: 2,650+ ICT businesses listed with the Bangladesh Association of Software and Information Services (BASIS) as of early 2025.

IT professionals: 300,000+ IT professionals nationwide; over 50,000 developers in software, cloud, mobile, AI and cybersecurity.

Global reach: Bangladeshi IT companies now serve clients in 130+ countries.

Cost Advantages

Development cost savings: Outsourcing to Bangladesh reduces software development costs by approximately 40-70% compared to the US market.

Rate advantage: Competitive hourly rates combined with strong English proficiency and technical education make Bangladesh a leading nearshore/offshore destination.

Top Software Companies in Bangladesh

The largest and most established software companies in Bangladesh include Brain Station 23, Vivasoft, Kaz Software, Riseup Labs, Enosis, Selise, LeadSoft and more. For a full comparison, see our Top Software Companies in Bangladesh 2026 guide.

Frequently Asked Questions

How many software companies are there in Bangladesh?

Over 4,500 registered software and IT companies as of 2026, with more than 2,650 ICT businesses listed with BASIS.

What is Bangladesh's ICT export figure?

Bangladesh's ICT exports reached approximately $1.9 billion in 2024, one of the country's fastest-growing sectors.

How many IT professionals work in Bangladesh?

More than 400,000 professionals are employed in the IT and ITES sector, including over 50,000 software developers.

How much cheaper is software development in Bangladesh?

Development costs are typically 40-70% lower than the US market, making Bangladesh a cost-effective outsourcing destination.

Sources

BASIS — Bangladesh Association of Software and Information Services
Export Promotion Bureau (EPB), Bangladesh
Mordor Intelligence — Bangladesh ICT Market Report 2026
Public industry analyses (2025-2026)

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Bangladesh Software Industry Statistics 2026

IT Sector Data, Exports, Workforce & Market Size