From general economics point of view digitization can benefit an emerging market like Bangladesh more than it can benefit a developed market. Developed countries rely chiefly on domestic consumption, which makes no tradable sectors important. Across developed economies, digitization improves productivity and has a measurable effect on growth. However, the result can be job losses because lower skill, lower-value-added work is sent abroad to emerging markets, where labor is cheaper. By contrast, emerging markets are more export-oriented and driven by tradable sectors. They tend to gain more from digitization's effect on employment than from its influence on growth. In a nutshell, what digitization takes away from developed market, gives back to an emerging market. If Bangladesh can harness the benefit of digitization, it can be create so many jobs and opportunities.
To understand the stance of Bangladesh's IT/IT Enabled Services industry, a SWOT analysis is presented in the following-
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