The IoT market in Bangladesh is also growing at a similar rate as the rest of the world. In 2018, the Bangladesh Telecommunication Regulatory Commission (BTRC) released an order to make IoT legal in Bangladesh. It has mentioned nine sectors where IoT technology can be used in the country: smart building, industry automation, smart grids, water management, waste management, smart agriculture, telecare, intelligent transport system, environment management, smart urban lighting, and smart parking. Sectors that contribute the most to the economy of our country are increasingly adopting such technology. For example, the country’s agricultural sector, which employs the majority of the country’s population, has begun to adopt IoT technology. Local startups have begun to deliver IoT-based advanced farming solutions, including systems that track cattle sleep, heat cycle, and behavior in real-time and provide farmers with timely recommendations. Millennials are becoming increasingly reliant on smart home assistants, such as Amazon’s Alexa, to provide more comfort in their everyday lives, demonstrating the rising market demand in this region. IoT also has an enormous untapped potential in many sectors of Bangladesh, such as transportation safety, environmental monitoring, healthcare management, utility management, smart grid, and social security management.

IoT for Bangladesh

Korea have a large industry for IoT. Partner companies and business firms looking for expansion or const optimization can explore the available opportunities that keep presenting with time. We can work jointly as part our initiative to support and enhance the cooperation on multiple areas of IoT sector in Bangladesh.

We welcome firms to send enquiries and explore with us on various options as below:

• Traffic monitoring • Fleet management • Agriculture • Hospitality • Healthcare • Housing facilities • Smart grid and energy saving • Infrastructure management • Manufacturing • Supply chain

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