sizing digital markets in bangladesh
DESCRIPTION
Presentation on Bangladesh market sizing for Startup Weekend DhakaTRANSCRIPT
Sizing Digital Markets in Bangladesh
Nash Islam CEO
Director
Friday, January 11, 2013
Source: h;p://www.investorwords.com/6576/market_size.html
Market Size
the number of buyers & sellers in a parMcular market
Market Size is ESSENTIAL in your business pitch
It defines the potenAal of your business opportunity
Market Sizing is soC science and it can be hard, parAcularly with
lack of research
Online Market in Bangladesh
Bangladesh Internet Subscribers July 2012
Category Subscribers
Mobile Internet 27.8 million
ISP + PSTN 1.2 million
WiMax 400k
TOTAL 29.4 million
Source: Bangladesh TelecommunicaMon Regulatory Commission (Jul 2012)
Mobile accounts for 94% of Bangladesh’s internet subscripMons
EsMmated desktop internet users in Bangladesh
8 million
Source: h;p://www.thedailystar.net/newDesign/news-‐details.php?nid=241836
Source: BCG, 2010
20 million Projected growth in desktop
internet users by 2020
Facebook users in Bangladesh
3.35 million
Source: h;p://www.socialbakers.com/facebook-‐staMsMcs/bangladesh
of visitors to top Bangladeshi websites are from other countries
52%
Source: G&R Ad Network (Nov 2012)
Mobile Market in Bangladesh
Bangladesh Mobile Phone Subscribers October 2012
Operators AcAve Subscribers Grameenphone 40.7 million
Banglalink 26.6 million Robi 21.1 million Airtel 6.9 million CityCell 1.6 million Teletalk 1.4 million TOTAL 98.3 million
Source: Bangladesh TelecommunicaMon Regulatory Commission (Oct 2012)
Source: Business Monitor InternaMonal (Q4 2012), US Census Bureau (Nov 2012) & We Are Social (Nov 2012)
Mobile PenetraAon in Bangladesh:
63%
Source: Business Monitor InternaMonal (Q4 2012) & We Are Social (Nov 2012)
Bangladesh added more than
50,000 new mobile subscripMons every day in the first six
months of 2012
Influences on mobile user behavior
Source: UNESCO, as cited in Infosaid (May 2012) & We Are Social (Nov 2012)
Adult literacy rate in Bangladesh
56%
Source: We Are Social (Nov 2012)
Bangla characters are not supported
on most handsets
Influences on mobile user behavior
Source: Nielsen Media & Demographics Survey 2011, as cited in Infosaid (May 2012) & We Are Social (Nov 2012)
Bangladeshi mobile subscribers sent just 1 SMS per month in 2011
That’s 400 Ames fewer than the Filipino average
Radio Access is Mostly Mobile
of Bangladesh’s radio listeners use a
mobile phone to access radio programming
73% of Bangladesh’s radio
listeners use a radio set
to access to radio programming
34% VS
Source: Nielsen Media & Demographics Survey 2011, as cited in Infosaid (May 2012) & We Are Social (Nov 2012)
Mobile Internet Market in Bangladesh
of mobile subscribers have data access
28%
Source: Bangladesh TelecommunicaMon Regulatory Commission (Oct 2012)
Source: Ericsson, as cited in Daily Star (May 2012) & We Are Social (Nov 2012)
amongst Urban subscribers
58% amongst Rural subscribers
39%
Awareness of mobile internet in Bangladesh remains relaMvely low
Source: G&R ad network, Nov 2012
of mobile visitors to Bangladeshi sites used the Opera Mini browser
71%
Mobile Web Pla\orm Overview for Bangladesh
Pla\orm Pros Cons
Mobile Web
• Largest reach, works across most devices
• Large community of web developers
• Not as powerful as naMve applicaMon plaiorms
Android
• Most powerful plaiorm for development. Lots of tools
• Strong distribuMon via Play store
• Android adopMon sMll relaMvely low in Bangladesh
Java ME • Works on feature phones • Greater reach than Android
or Symbian
• DistribuMon problemaMc as no popular app stores
Symbian • NaMve app plaiorm with
greater reach than Android • Ovi Store for distribuMon
• Nokia phones with Ovi are decreasing in popularity relaMve to Android
Source: We Are Social (Nov 2012)
Don’t forget about Aming
Is now the moment that market
opportunity, distribuMon, demand & other factors all coincide so your
business can be successful?
Thank You & Good Luck!
Please feel free to get in touch
[email protected] [email protected]
Can’t wait to see the great businesses you all create J