Due to the advancement of rapid digitalization, Bangladesh like other developing countries put emphasis on being more concentrate about digital economy: a global market for digital outsourcing.

When we talk about the digital aspect of a country, the first and foremost thing to look at is how the industry is shaping with its innovation and how it fuels domestic job opportunities. The unique age demography of Bangladesh, coupled with the low-cost work force and Government's Incentive for the IT service sector, makes Bangladesh a major player at the global service outsourcing market. Numerous huge enterprises in created countries like the US, UK and Australia are diverting to IT outsourcing from nations including Bangladesh, prompting an ongoing blast in outsourcing.

Outsourcing businesses may be classified into major two categories, one is service, and another one is through product support though this also has a bit similarity with services. Services include information outsourcing, call center services, financial/accounting information outsourcing using IT, procurement outsourcing, data center outsourcing, research, marketing and human resources marketing. This has generated a wide range of new opportunities for people in emerging markets that did not previously exist. Bangladesh is among the top contributor country for providing outsourcing services to the rest of the world.

Outsourcing offers numerous points of interest, including the opportunity to pick customers and undertakings, access to the worldwide market, and adaptability over area. In particular, specialists can stay away from the long, disappointing hours driving in rush hour gridlock in the Bangladeshi capital of Dhaka.

With the blessing of modern web and Internet access to the most part of the country, chances and opportunities have grown much. The government has been inspiring people to get more involved in freelancing jobs than sitting idle and wasting time thinking of fewer opportunities in the competitive physical job market. Now our global stand in the IT industry beholds our quality services and expert freelancers working for a better future. 

Thus, Bangladesh has just turned into the second-biggest provider of online work, as indicated by the Oxford Internet Institute (OII). Around 500,000 dynamic specialists are working consistently, out of 650,000 enlisted consultants in the nation; between them they are creating $100 million every year, as indicated by the ICT Division of Bangladesh.

It's possible nothing unexpected that 24% of every single online laborer live in India. With outsourcing being one of the nation's primary exports, Indian specialists discover they can be focused universally, because of their large amounts of instruction and specialized mastery. Truth be told, 55% of Indian specialists work in programming advancement or innovation.

Just behind India is Bangladesh, which is home to 16% of the worldwide freelance populace. Freelancers in Bangladesh will in general work in deals and advertising support, imaginative and sight and sound, programming advancement and technology.

Freelancing: A Solution to the unemployment

One in each 10 of Bangladesh's 44 million youngsters is jobless, as indicated by research by World Vision Bangladesh. Additionally, a great many alumni who are completing their investigations at various public and private Universities in Bangladesh are neglecting to discover reasonable positions in the activity advertise every year.

As a result, the rate of educated unemployment in the country is increasing exponentially. However, these young unemployed people can easily start their career by taking some IT training and freelancing online. By doing so, they not only make a living but also contribute to the economy by earning a salary in a valuable foreign currency.

Bangladesh have many skilled, experienced recruiting but experiencing lack of career issue. Bangladeshi individuals are very diligent and due to lack of career issue here, it is possible to employ an Expert Developer in a relatively affordable.

Suitable job for women

A great deal of women in Bangladesh, including profoundly educated women, frequently penance their professions so as to deal with their families. Outsourcing is turning into a favored profession choice for some Bangladeshi women, as it furnishes them with a chance to telecommute.

Bangladeshi ladies who are hoping to remove a stage from their customary residential jobs are securing freelancing jobs to be an extraordinary arrangement. Research demonstrates that regarding the nature of the work, Bangladesh's female freelancers have begun increasing more believably than their male counterparts. Expanding women's support in outsourcing is in this manner boosting trust in the division.

The Challenges of the outsourcing Industry

There are major difficulties which must be tended to before the industry can prosper: Gartner gave Bangladesh a "poor" rating in three indispensable territories – framework, language aptitudes and information, and licensed innovation security. Poor foundation, including regular power emergencies and moderate and untrustworthy Internet associations are the most prompt issues for redistributing. Ahmadul Hoq, leader of the Bangladesh Association of Call Center and Outsourcing (BACCO) expressed that “We have told the government that we need an uninterrupted power supply and a second connection with high bandwidth, adding that progress on these issues was slow.”

Government activities to build up the ICT administration division, for example, making a cutting edge park in each region, combined with the minimal effort workforce, have made Bangladesh a key player in the worldwide redistributing market.

By the by, a few difficulties upset the development of this industry in Bangladesh. The nonattendance of a continuous power supply is as yet a noteworthy issue for the nation. Outsourcing work, similar to complex coding for programming improvement, requires an abnormal state of fixation, which is regularly broken by the continuous power cuts.

The absence of a simple installment framework – particularly for accepting installments from remote customers – is another issue for this quickly developing industry.

What's more, women’s interest in outsourcing, albeit expanding step by step, is as yet not sufficiently high.