The mobile handset market is one of the fastest growing markets in Bangladesh. One important distinction though is, back in 2012, it was basic phones that came in bulk and today it is smartphones.
According to an estimate by Bangladesh Mobile Phone Importers' Association (BMPIA), the value of legally imported handsets is expected to reach $748 million by 2020, reports the Daily Star.
The growing number of access to smartphones means it will impact out commerce, payment, lifestyle, content consumption and more.
Datar source: Bangladesh Mobile Phone Importers' Association (BMPIA)