Market Forecast By Component (Hardware, Platform, Connectivity, Services), By Network Type (5G Standalone, 5G Non-standalone), By End User (Manufacturing, Healthcare, Energy & Utilities, Automotive and Transportation, Supply Chain and Logistics, Agriculture, Government and Public Safety), By Organization Size (Large Enterprises, SMEs), By Type (Short-range IoT Devices, Wide-range IoT Devices) And Competitive Landscape
Product Code: ETC4379553 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Report Name | Bangladesh 5G IoT Market |
Forecast period- | 2025-2031 |
CAGR- | 3.4% |
Growing Sector- | Industrial and Agricultural |
Bangladesh 5G IoT Market report thoroughly covers the market By Component, By Network Type, By End User, By Organization Size, and By Type. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Bangladesh 5G IoT market is witnessing rapid growth, fueled by technological advancements and the increasing adoption of Internet of Things (IoT) solutions across various industries. Key trends include the deployment of 5G infrastructure, the proliferation of connected devices, and the demand for real-time data analytics.
According to 6Wresearch, the Bangladesh 5G IoT Market size is projected to grow at a CAGR of 3.4% during the forecast period 2025-2031. The market is poised for significant growth, driven by a robust demand for faster internet speed, a surge in mobile connectivity, and the government's commitment to technology infrastructure development. Key growth factors include the rapid urbanization and digitalization of cities, fostering smart city initiatives that demand high-speed, reliable IoT connections. Apart from this, key trends shaping this market include the proliferation of wearable technology, increased use of IoT in industrial and agricultural sectors, and the advent of smart home devices. Despite the promising outlook, the market faces restraints such as cybersecurity concerns, the high cost of 5G technology implementation, and the need for extensive infrastructure development. However, telemedicine, e-learning, and automated manufacturing sectors are presenting various opportunities for the Bangladesh 5G IoT Industry.
Key players in the Bangladesh 5G IoT market include telecom companies like Grameenphone, Robi Axiata Limited, and Banglalink, which are investing in 5G infrastructure. International technology firms like Huawei, Ericsson, and Nokia are also playing a significant role in providing hardware, platforms, and connectivity solutions for the market.
The government initiatives in Bangladesh are actively supporting the growth of the 5G IoT market. The Bangladesh Telecommunication Regulatory Commission (BTRC) has established guidelines for 5G technology licensing and IoT service provider licensing, providing a regulatory framework for companies to operate within. Spectrum allocation, with a substantial bandwidth earmarked for 5G use, addresses deployment challenges. Additionally, investment incentives such as tax exemptions on equipment imports stimulate both foreign and local investment. Collaborations with countries like China, as seen through signed agreements, enhance technological expertise and investments, further propelling the Bangladesh 5G IoT Market Growth.
The future outlook of the Bangladesh 5G IoT market is promising, with potential growth opportunities in sectors such as manufacturing, healthcare, energy, transportation, logistics, agriculture, and public safety. Emerging trends include the adoption of 5G standalone and non-standalone networks, the integration of short-range and wide-range IoT devices, and the development of IoT platforms for data management and analytics.
According to Ravi Bhandari, Research Head, 6Wresearch, hardware segment has emerged as the leader and is expected to grow significantly. Hardware consists of key components such as sensors, gateways, and routers and plays an important role in supporting data collection and transmission in the 5G IoT ecosystem. The growth of smart devices and connected technologies is increasing the demand for this hardware, leading to growth in expansion.
Manufacturing has been leading the Bangladesh 5G IoT Market Share over the projected period. Manufacturers have become early adopters of 5G IoT technology, using connected devices and sensors to revolutionize the manufacturing process. Immediate intervention and optimization can increase productivity, reduce downtime, and increase productivity.
In the fast-growing 5G IoT market in Bangladesh, large companies are leading the growth path by leveraging their large budgets and abundant resources to spearhead the adoption of innovative solutions. Fueled by increased efficiency and competitive advantage, these companies are increasingly investing in 5G IoT solutions. They have a significant impact on small organizations with their ability to use technology and their advanced level.
The broad IoT segment characterized by broad connectivity and suitability for complex applications has emerged as the key driver of growth. The diversity of IoT devices should be increasingly seen with their wide range and ability to support complex tasks such as smart city, transportation, and environmental monitoring. The development of 5G infrastructure in Bangladesh has further contributed to this trend as it provides the necessary bandwidth and low latency that these devices require.
The report offers a comprehensive study of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh 5G IoT Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh 5G IoT Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh 5G IoT Market - Industry Life Cycle |
3.4 Bangladesh 5G IoT Market - Porter's Five Forces |
3.5 Bangladesh 5G IoT Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Bangladesh 5G IoT Market Revenues & Volume Share, By Network Type, 2021 & 2031F |
3.7 Bangladesh 5G IoT Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Bangladesh 5G IoT Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.9 Bangladesh 5G IoT Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Bangladesh 5G IoT Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives to promote digital transformation and smart city projects. |
4.2.2 Increasing demand for high-speed internet connectivity and data transfer. |
4.2.3 Growing adoption of IoT devices across various industry verticals. |
4.3 Market Restraints |
4.3.1 High initial investment costs for implementing 5G IoT infrastructure. |
4.3.2 Lack of skilled professionals for managing and maintaining 5G IoT networks. |
4.3.3 Concerns regarding data security and privacy issues. |
5 Bangladesh 5G IoT Market Trends |
6 Bangladesh 5G IoT Market, By Types |
6.1 Bangladesh 5G IoT Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh 5G IoT Market Revenues & Volume, By Component, 2021 - 2031F |
6.1.3 Bangladesh 5G IoT Market Revenues & Volume, By Hardware, 2021 - 2031F |
6.1.4 Bangladesh 5G IoT Market Revenues & Volume, By Platform, 2021 - 2031F |
6.1.5 Bangladesh 5G IoT Market Revenues & Volume, By Connectivity, 2021 - 2031F |
6.1.6 Bangladesh 5G IoT Market Revenues & Volume, By Services, 2021 - 2031F |
6.2 Bangladesh 5G IoT Market, By Network Type |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh 5G IoT Market Revenues & Volume, By 5G Standalone, 2021 - 2031F |
6.2.3 Bangladesh 5G IoT Market Revenues & Volume, By 5G Non-standalone, 2021 - 2031F |
6.3 Bangladesh 5G IoT Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh 5G IoT Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.3.3 Bangladesh 5G IoT Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.3.4 Bangladesh 5G IoT Market Revenues & Volume, By Energy & Utilities, 2021 - 2031F |
6.3.5 Bangladesh 5G IoT Market Revenues & Volume, By Automotive and Transportation, 2021 - 2031F |
6.3.6 Bangladesh 5G IoT Market Revenues & Volume, By Supply Chain and Logistics, 2021 - 2031F |
6.3.7 Bangladesh 5G IoT Market Revenues & Volume, By Agriculture, 2021 - 2031F |
6.4 Bangladesh 5G IoT Market, By Organization Size |
6.4.1 Overview and Analysis |
6.4.2 Bangladesh 5G IoT Market Revenues & Volume, By Large Enterprises, 2021 - 2031F |
6.4.3 Bangladesh 5G IoT Market Revenues & Volume, By SMEs, 2021 - 2031F |
6.5 Bangladesh 5G IoT Market, By Type |
6.5.1 Overview and Analysis |
6.5.2 Bangladesh 5G IoT Market Revenues & Volume, By Short-range IoT Devices, 2021 - 2031F |
6.5.3 Bangladesh 5G IoT Market Revenues & Volume, By Wide-range IoT Devices, 2021 - 2031F |
7 Bangladesh 5G IoT Market Import-Export Trade Statistics |
7.1 Bangladesh 5G IoT Market Export to Major Countries |
7.2 Bangladesh 5G IoT Market Imports from Major Countries |
8 Bangladesh 5G IoT Market Key Performance Indicators |
8.1 Average latency in 5G network connections. |
8.2 Network coverage and reliability of 5G services. |
8.3 Number of IoT devices connected to the 5G network. |
8.4 Energy efficiency and sustainability of 5G IoT infrastructure. |
8.5 Integration of AI and machine learning technologies in 5G IoT applications. |
9 Bangladesh 5G IoT Market - Opportunity Assessment |
9.1 Bangladesh 5G IoT Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Bangladesh 5G IoT Market Opportunity Assessment, By Network Type, 2021 & 2031F |
9.3 Bangladesh 5G IoT Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Bangladesh 5G IoT Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
9.5 Bangladesh 5G IoT Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Bangladesh 5G IoT Market - Competitive Landscape |
10.1 Bangladesh 5G IoT Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh 5G IoT Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |