
Bangladesh’s Mobile Phone Market Sees Moderate Growth in 1Q24
Bangladesh’s mobile phone market shipped 4 million units in 1Q24, with a 1.7% YoY growth. Smartphones saw an 11.6% increase, rebounding from a decline due to heavy taxation. Feature phones declined by 5.4%. Key segments showed mixed trends, while 5G growth remains slow. Offline channels dominate, but online sales are rising.