Posted on: January 16, 2023 Posted by: Coding Comments: 0
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NEW YORK, Jan. 16, 2023 /PRNewswire/ — The global coding bootcamp market size is estimated to increase by USD 1.20 billion. The market’s growth momentum will progress at a CAGR of 19.31%.

Technavio has announced its latest market research report titled Global Coding Bootcamp Market 2022-2026

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Global coding bootcamp market – Customer landscape
To help companies evaluate and develop growth strategies, the report outlines –

Global coding bootcamp market– Vendor analysis
Vendor Landscape – The global coding bootcamp market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer coding bootcamp in the market are 4Geeks Academy LLC, Academia de Codigo, Adecco Group AG, Barcelona Code School, Chegg Inc., Dataquest Labs Inc., Epicodus Inc., Flatiron School LLC, Fullstack Academy LLC, Galvanize Inc., Hackwagon Academy Pte Ltd., Ironhack Inc., LA LOCO SAS, Launch School, Makers Academy, Nippon Telegraph and Telephone Corp., Skillcrush Inc., Tech Talent South, Udacity Inc., and Zip Code Wilmington and others.
The global coding bootcamp market is at its growing stage. This implies that the market in focus is characterized by the low cost of boot camps, an increase in student enrollments, and an increase in regulatory factors.

Vendor Insights –

  • 4Geeks Academy LLC

  • Academia de Codigo

  • Adecco Group AG

  • Barcelona Code School

  • Chegg Inc.

  • Dataquest Labs Inc.

  • Epicodus Inc.

  • Flatiron School LLC

  • Fullstack Academy LLC

  • Galvanize Inc.

  • Hackwagon Academy Pte Ltd.

  • Ironhack Inc.

  • LA LOCO SAS

  • Launch School

  • For Details on the vendor and its offerings – Buy the report!

Global coding bootcamp market – Segmentation assessment

Segment overview
Technavio has segmented the market based on end-user (individual learners and institutional learners), delivery mode (full-time bootcamps and part-time bootcamps), language (java, python, .NET, ruby, and others), and geography (North America, APAC, Europe, South America, and Middle East and Africa).

  • The market share growth of the individual learner segment will be higher than the other segments during the forecast period. Individual learners make a larger contribution to the global coding bootcamp market than institutional learners as more people enroll in coding bootcamps to increase their job prospects. As the number of online coding bootcamps rises, many employees choose online forms of delivery to enhance and polish their skills.

Geography overview
By geography, the global coding bootcamp market is segmented into North America, APAC, Europe, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global coding bootcamp market.

  • APAC will account for 39% of the market’s growth during the forecast period. India and China are the key markets for coding bootcamp in APAC. Market growth in this region will be faster than the growth of the market in other regions. The rise in enrollments and the requirement to meet the rising demand for software engineers and IT specialists will drive the coding bootcamp market growth in APAC over the forecast period.

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Global coding bootcamp marketMarket dynamics

Leading drivers – One of the key factors driving the coding bootcamp market growth is the low cost of bootcamps. A coding bootcamp costs the same as one semester of a CS degree program, and it usually gives access to job profiles with higher salaries when compared to a CS degree. Coding bootcamps provide a variety of financing choices to students, including self-financing, and access to low-interest loans. Vendors also provide options for deferred payments, including monthly installments, tuition deferral until the student finds employment and tuition-free training through scholarships.

Key trends – An increase in ready-to-work coding bootcamp is one of the key coding bootcamp market trends that is expected to drive the industry during the forecast period. The bootcamps provide students with the complete set of skills required to be a junior developer. These intensive training programs are offered at both full-time and part-time bootcamps, which are also known as Zero to Sixty code schools. The training provided in ready-to-work coding bootcamps is mostly focused on in-person training and is scheduled five days a week, with full-time training programs requiring 6–10 hours per day and part-time training programs requiring 3–5 hours per day.

Major challenges – An increase in formal education is one of the key challenges hindering the coding bootcamp market growth. Students are being compelled to enroll in degree programs at formal educational institutions due to the rising need for software engineers in both developed and developing economies. The majority of emerging regions are feeding the growth of the formal education sector by not accepting Bootcamp-qualified students, which is restraining the emergence of coding bootcamps in these regions. Students’ lack of familiarity with bootcamps is further impeding their expansion and accelerating the growth of institutions that offer formal education.

Driver, Trend & Challenges are the factor of market dynamics which states about consequences & sustainability of the businesses, find some insights from a sample report!

What are the key data covered in this coding bootcamp market report?

  • CAGR of the market during the forecast period

  • Detailed information on factors that will drive the growth of the coding bootcamp market between 2022 and 2026

  • Precise estimation of the size of the coding bootcamp market and its contribution to the parent market

  • Accurate predictions about upcoming trends and changes in consumer behavior

  • Growth of the coding bootcamp market across North America, APAC, Europe, South America, and Middle East and Africa

  • A thorough analysis of the market’s competitive landscape and detailed information about vendors

  • Comprehensive analysis of factors that will challenge the growth of coding bootcamp market vendors

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Coding Bootcamp Market Scope

Report Coverage

Details

Page number

170

Base year

2021

Historic period

2017-2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 19.31%

Market growth 2022-2026

USD 1.20 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

19.24

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 39%

Key countries

US, Canada, India, UK, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

4Geeks Academy LLC, Academia de Codigo, Adecco Group AG, Barcelona Code School, Chegg Inc., Dataquest Labs Inc., Epicodus Inc., Flatiron School LLC, Fullstack Academy LLC, Galvanize Inc., Hackwagon Academy Pte Ltd., Ironhack Inc., LA LOCO SAS, Launch School, Makers Academy, Nippon Telegraph and Telephone Corp., Skillcrush Inc., Tech Talent South, Udacity Inc., and Zip Code Wilmington

Market dynamics

Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Language

6 Market Segmentation by End-user

7 Market Segmentation by Delivery Mode

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Email: [email protected]
Website: www.technavio.com/

Global Coding Bootcamp Market 2022-2026

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