Coding Bootcamp Market Size To Increase By USD 772.04 Million | The increase in student enrollment as a key factor


The major contribution to the global coding bootcamp market is made by individual learners versus institutional learners as more and more individuals enroll in coding bootcamps. Another major factor in the growth of the market is the profitable nature of coding boot camps. The typical cost of coding boot camp varies between $ 5,000 at $ 20,000, which is lower than the cost of registering for a professional course. This provides a cost effective means by which learners can acquire programming skills without paying high prices and achieving high return on investment (ROI).

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The report is segmented by end user (individual learners and institutional learners), mode of delivery (full-time boot camps and part-time boot camps), language (Java, Python, .NET, Ruby, and others) and geography (North America, APAC, Europe, South America, and MEA).

Supplier Information

The global Coding Bootcamp market is fragmented and vendors are deploying various organic and inorganic growth strategies to compete in the market.

The increasing competition in the market forces the suppliers to adopt various growth strategies such as promotional activities and advertising spend to improve the visibility of their products. Some vendors are also adopting inorganic growth strategies such as mergers and acquisitions to stay competitive in the market.

For example, in March 2021, Udacity Inc launched the School of Cyber ​​Security to prepare the next generation of digital advocates, bridging the skills gap.

The report analyzes the competitive landscape of the market and offers information about several vendors of the market, including:

  • 4Geeks Academy LLC
  • Barcelona Code School
  • Dataquest Labs Inc.
  • Galvaniser inc.
  • General Assembly Space Inc.
  • Hash Map Labs Inc.
  • Ironhack Inc.
  • Creators Academy
  • Thoughtful Inc.
  • Udacity Inc.

Learn more about the growth strategies adopted by vendors and their product offerings. Read a free sample report.

Geographic market analysis

North America will provide maximum growth opportunities in the Coding Bootcamp Market during the forecast period. According to our research report, the region will contribute 41% of the global market growth and is expected to dominate the market until 2025.

The United States and Canada are the key markets for Bootcamp coding in North America. The growing number of student enrollments along with the profitable nature of Coding Boot Camps will facilitate the growth of the Coding Boot Camp market in North America over the forecast period.

Learn more about the geographic spread of this market along with the detailed analysis of major regions. https://www.technavio.com/report/coding-bootcamp-market-industry-analysis

Key market trends and challenges:

The rise of out-of-the-box coding boot camps is one of the key trends supporting the growth in the coding boot camps market share. The training camps developed in the ready-to-work model are specifically designed to address immediate shortages of technological talent. These programs provide people with the skill set necessary to qualify for a junior developer. These types of boot camps are generally referred to as Code Zero to Sixty schools and include intense training programs that are both full-time and part-time training programs.

One of the major factors hampering the growth of the market is the increase in the number of institutions and universities that provide formal education, such as bachelor’s and master’s degrees in the field of computer engineering. The number of enrollments 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.

See a free sample for highlights on market trends and challenges affecting the Coding Bootcamp Market.

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Coding Bootcamp Market value chain analysis

It consists of the following basic components:

  • Contributions
  • Operations
  • Marketing and sales
  • Support activities
  • New arrivals

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Scope of the coding bootcamp market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Accelerate to 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

Efficient contribution to the market

North America at 41%

Main consumer countries

United States, Canada, United Kingdom, India and Germany

Competitive landscape

Leading companies, competitive strategies, reach 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 Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period.

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About Us:

Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000 and more reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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