NEW YORK, March 9, 2022 /PRNewswire/ -- The coding bootcamp market size is expected to grow by USD 772.04 mn from 2020 to 2025. The growth momentum of the market will accelerate at a CAGR of 16.88% during the forecast period.
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Coding Bootcamp Market: Driver
The increase in student enrollments is driving the coding bootcamp market size. The increased popularity and the rising adoption of coding bootcamps are leading to a rise in the number of students enrolling in bootcamps worldwide. Several benefits such as increasing affordability of coding bootcamps, growing adoption of online learning, and the rising demand for MOOCs encourage student enrollments. Coding bootcamps are witnessing steady enrollments in APAC and EMEA and slow growth in the Americas. These factors further influence the demand for coding bootcamp vendors.
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Coding Bootcamp Market: Segmentation Analysis
By end-user, the coding bootcamp market has been segmented into individual learners and institutional learners. The individual learners segment will have significant market share growth during the forecast period. This is because a large number of individuals have enrolled in coding bootcamps. The cost-effective nature of coding bootcamps is also driving the market growth. The typical cost of the coding boot camp ranges from USD 5,000 to USD 20,000, which is less than the cost of enrolling in a professional degree course. This provides learners a cost-effective way to obtain programming skills and get a high return on investment (ROI).
By geography, the market has been segmented into North America, APAC, Europe, South America, and MEA. North America will have the highest market share growth. 41% of the market's growth will originate from this region during the forecast period. The US and Canada are the key countries for the coding bootcamp in North America. However, the market growth in this region will be slower than the growth of the market in APAC and Europe. The increasing number of student enrollment, along with the cost-effective nature of coding bootcamps, will drive the coding bootcamp market growth in North America during the forecast period.
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Coding Bootcamp Market: Some Key Vendors and their Offerings
4Geeks Academy LLC - The company offers coding bootcamps for full stack developer, web development, and others.
Barcelona Code School - The company offers a wide variety of coding bootcamps such as JavaScript Full-Stack In-Person Bootcamp / 9 weeks, Programming with JavaScript / 2 weeks, Responsive Web Design / 1 week, React.js Crash Course / 1 week, and others.
Dataquest Labs Inc. - The company offers a wide range of coding bootcamps such as Data science bootcamp, online bootcamps, and others.
Galvanize Inc. - The company offers a 12-week immersive coding bootcamp. It also offers both onsite and remote software development courses. The onsite course consists of classroom-based training.
General Assembly Space Inc. - The company offers a wide range of coding bootcamps such as Software engineering immersive, UX design immersive, Data Science immersive, Front end web development, and others.
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Coding Bootcamp Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 16.88% |
Market growth 2021-2025 |
USD 772.04 million |
Market structure |
Fragmented |
YoY growth (%) |
13.98 |
Regional analysis |
North America, APAC, Europe, South America, and MEA |
Performing market contribution |
North America at 41% |
Key consumer countries |
US, Canada, UK, India, and Germany |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
4Geeks Academy LLC, Academia de Codigo, AcadGild, Barcelona Code School, Dataquest Labs Inc., Epicodus Inc., Galvanize Inc., General Assembly Space Inc., Hackwagon Academy Pte Ltd., Hash Map Labs Inc., Ironhack Inc., Launch School, Le Wagon, Makers Academy, Skillcrush Inc., Tech Talent South, Thinkful Inc., Udacity Inc., and Zip Code Wilmington |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition 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. |
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Market Segmentation by Mode of delivery
Market Segmentation by Language
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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