• Smart Farming – Around 59.2% of the agricultural area is considered arable, 6.5% is occupied by permanentcrops and in future, our crop production rate will see downfall. There should steps taken to stop these phenomena by introducing innovative and smart agricultural approach.
• SMART Technology in Farming – Around 80% of farmersin Bangladesh lack the access of modern agricultural tools and products, which results in low crop production rate. We must focus on more innovation in agriculture sector so that the farmers can get modern technology at an affordable price.

• Affordable Eye Care – Currently, 2 millionpeople in Bangladesh are blind, while 0.351 million have low vision. About 83% of post-operative patients had to travel 67 km for a proper eye care treatment and struggle to get affordable solutions. We need more convenient and affordable eye care solutions now.
• Early Detection Technology- The mortality rate for the population is 83 per 100,000 people in Bangladesh and more than 82% unnatural death is caused by not getting detected in the early stage. Our health sector needs more digital intervention so that this death ratio can be reduced.

• Delivery and Logistics – More than 37% of the area of Bangladesh is still not reached by existing delivery & logistic solutions. We need more efficient and innovative approach to tackle this problem.
• Food Storage efficiency (Remote/Mobile) – At present, there are 405 cold storages across the country but the demand requires ten times than what we have now. We need to identify a cost effective and innovative solution to meet the ever growing food storage scarcity.

• Digital Finance Platforms – Weak technological infrastructure, lack of widespread internet connections, fear of digital security and data privacy, poor digital literacy, and unbanked populationsare the key challenges for providing digital banking services but the usage of digital finance platforms has seen a growth of 58% in last 2 years. We need more credible digital finance platforms that can attract the left behind population who are yet to get the benefit.

• Microfinance Impact – Micro financing in Bangladesh faces enormous problems in infrastructural inadequacies, social misconception, poor legal and regulatory framework, unbridled competition from other financial institutions, and lack of qualified manpower but the demand is still at a surplus state. This is high time to introduce new effective solutions and services in the micro finance sector to mitigate these problems.

• The combination of overcapacity and a reliance on imported energy has led to a significant rise in power generation costs, with the cost of electricity production per unit increasing by 33%. We must focus on finding innovative and efficient ways of utilizing renewable energy.
• Bangladesh is looking to reduce its Carbon Footprint by 21.85% by 2030 but the focus on EV component manufacturing is not met with proper guideline. There has to be more innovative and effective approaches to meet the problem at hand.

• Inadequate Waste Segregation – Waste generation in Bangladesh is around 22.4 million tons per year. There is an increasing rate of waste generation in Bangladesh and it is projected to reach 47, 064 tons per day by 2025. We need to find an efficient way to manage this humungous pile of industrial waste.

• Electronic Waste – Currently, the annual rate of e–wasteproduction is surging at 30% in Bangladesh and If this goes on, Bangladesh will produce 4.6 million tons of e–waste in 2035. There is a dire need to stop this unorganized mess before it goes out of hand.
• Waste to energy Project – In the municipalities in Bangladesh, people generate 182 kg of solid waste every year, and in the city corporations, the amount is 172.28 kg, where energy consumption price is rising. We need more innovative approach to convert the waste into energy to tackle this issue.

• Self Sustainable education and Employability – The country sent a record 1.2 million workers abroad as of 11 December 2023. Of the figures, the rate of skilled migration was around 25%while unskilled workers were around 50%. We need more concrete approaches to train this huge unskilled labor force and create employment opportunities.

• Heritage preservation tourism – There are more than 15 established travel agencies and revenue in the Travel & Tourism market is projected to reach US$2,184 million in 2024. We are still struggling to showcase our cultural heritage tourist spots and need more innovative approach to meet the demand.

The country currently faces several environmental issues such as groundwater metal contamination, increased groundwater salinity, cyclones and flooding, and sedimentation and changing patterns of stream flow due to watershed mismanagement and these are happening due to severe rate of environment pollution. We need to focus on new initiatives that will allow us to reduce the rate of pollution as a whole.

Local Artisan Market Place – There are more than 1600 e-commerce and f-commerce platforms registered in e-Cab but the emphasis on local artisan products and Specialty Foods is too little as a result only 5 million artisans and craftsmen are left Bangladesh. Our culturally influenced products and foods should be available within one click distance.

• There is a 60% increase in reported cyber incidents in 2022, and over 12,000 incidents recorded in Bangladesh. We are still struggling to meet this problem and in need of more state of the art solutions.
• Block- Chain – The global blockchain technology market size was estimated to be $11.14 billion but only a handful organization is working with block chain technology in Bangladesh. There has to be more innovative approach to use this technology.

Around two-third of the free lancers are struggling to find a suitable remote workstation according to their budget and required technology. There is a need of effective and affordable digital interventions to meet this problem.

Cultural Representation – The Home Entertainment market in Bangladesh is projected to grow by 11.32%, resulting in a market volume of US$71 million in 2028 but the focus on modern representation methods to portray our cultural heritage is farfetched. We must take innovative approaches to present our cultural heritage as the medium of entertainment.

Plastic Pollution – Currently, urban areas of Bangladesh generate 633,129 tons a year of plastic waste and around 51% got recycled of that. We must identify innovative ways to recycle at least 90% of the plastic waste that we produce every year.

• Educational Toys and Devices – Children ages 8 to 10 spend an average of six hours per day in front of a screen; kids ages 11 to 14 spend an average of nine hours per day in front of a screen, where they are getting more distant from traditional toys. We need more innovative and creative solution to meet this crisis.
• Home Automation – households that have adopted Smart Home market technologies, is expected to increase from 4 % in 2023 to 8.1% by 2028 but more than 95% of the products and technology are imported. It is high time we focus on the Made in Bangladesh tag for this industry and catch the growing market.