E-commerce: The Adventure Begins in Bangladesh

LightCastle Analytics Wing
May 16, 2016
E-commerce: The Adventure Begins in Bangladesh

Bangladesh is set for growth with a market of 160 million+ packed into a territory roughly one-quarter the size of Thailand (5th most dense in the world). The consumer class is young, technologically adaptable and exhibits high engagement through the mobile internet. As an emerging economy, Bangladesh has embraced technology at a rapid pace. The penetration of the telecom sector, mobile commerce and advent of internet based applications designed by businesses and supported by the tech friendly government validates the growth story that is going to unfold in the e-space of Bangladesh.

With growing internet connectivity, proliferation of cheaper varieties of smartphones, rapid rise in social networking (10 million + Facebook users) and e-commerce firms in Bangladesh, the consumers are getting more and more digitally attuned which eventually ends up having a profound impact on their consumption pattern.

To learn more about the E-commerce Sector of Bangladesh, Document download full report

WRITTEN BY: LightCastle Analytics Wing

LightCastle Analytics Wing is the research division of LightCastle Partners. It is tasked with producing periodic reports on the different sectors of the economy, analyzing trends in markets and making methodical, thorough and intelligent analysis to improve strategy and drive business growth.

For further clarifications, contact here: [email protected]

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