Coding Bootcamp Market Expected to Grow USD 772.04 Million | 41% of growth will come from North America | More than 17,000 Technavio reports

Coding Bootcamp Market: Low Cost Bootcamps to Drive Growth
the increase in student numbers is one of the major factors determining the size of the Bootcamp coding market. The growing popularity and growing adoption of coding boot camps is influencing the number of students enrolling in boot camps around the world. Several benefits, such as the increased affordability of coding boot camps, have increased the adoption of e-learning and the growing demand for MOOCs is encouraging student enrollment. Coding boot camps are seeing steady enrollment in APAC and EMEA, and slow growth in the Americas, further influencing coding demand from Bootcamp vendors.

Coding Bootcamp Market: Increase in Formal Education May Hamper Market Growth
The major factor hampering the growth of the market is the increase in number of institutions and universities providing formal education, such as bachelor’s and master’s degrees in the field of computer engineering. Enrollment in the higher education sector is increasing dramatically, forcing colleges and universities to increase the number of classes. The non-acceptance of qualified Bootcamp students by employers in the majority of emerging regions further contributes to the growth of the formal education sector, thus suppressing the emergence of coding boot camps in these regions. Also, the lack of knowledge about boot camps among students further hampers the growth of boot camps and fuels the growth of formal educational institutes. Thus, formal education is the main substitute for the growth of the global Coding Bootcamp market.

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Coding Bootcamp Market: Segmentation Analysis

This market research report segments the coding boot camp market through Final user (individual learners and institutional learners) and Geography (North America, APAC, Europe, South America, and MEA).

The major contribution to the global Bootcamp coding market is made by individual learners compared to institutional learners, as more and more people enroll in coding boot camps. Another major factor responding to market growth is the cost-effective nature of coding boot camps. The typical cost of the coding boot camp ranges between $5,000 at $20,000, which is lower compared to the cost of enrolling in a professional course. This provides a cost-effective way through which learners can acquire programming skills without paying high prices and gaining a high return on investment (ROI).

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Some of the main topics covered in the report include:

Market factors

Market challenges

Market trends

Supplier Landscape

  • Suppliers Covered
  • Ranking of suppliers
  • Positioning on the supplier market
  • Competitive scenario

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Coding Bootcamp Market Scope

Report cover

Details

Page number

120

base year

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 16.88%

Market Growth 2021-2025

$772.04 million

Market structure

Fragmented

Annual growth (%)

13.98

Regional analysis

North America, APAC, Europe, South America and MEA

Successful market contribution

North America at 41%

Main consumer countries

USA, Canada, UK, India and Germany

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

4Geeks Academy LLC, Barcelona Code School, Dataquest Labs Inc., Galvanize Inc., General Assembly Space Inc., Hash Map Labs Inc., Ironhack Inc., Makers Academy, Thinkful Inc. and Udacity Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

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