Economy

Coding Bootcamp Market size to Grow by USD 772.04 mn | Technavio

NEW YORK, 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.

Coding Bootcamp Market: Driver

The increase in student enrollments is driving the coding bootcamp market size. The increased popularity and the rising adoption of bootcamps are leading to a rise in the number of students enrolling in bootcamps worldwide. Several benefits such as increasing affordability of bootcamps, growing adoption of online learning, and the rising demand for MOOCs encourage student enrollments. bootcamps are witnessing steady enrollments in APAC and EMEA and slow growth in the Americas. These factors further influence the demand for bootcamp vendors.

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 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.

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 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 bootcamps such as Software engineering immersive, UX design immersive, Data Science immersive, Front end web development, and others.
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This article was shared with Prittle Prattle News as a Press Release by PRNewswire.

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