Coding Bootcamp Market: 13.98% annual growth rate in 2021

Key Market Segmentation and Forecast:

The major contribution to the global coding bootcamps market is made by individual learners compared to institutional learners, as more individuals enroll in coding bootcamps. Another major factor responding to market growth is the profitable nature of coding bootcamps. The typical cost of coding boot camp ranges from $5,000 at $20,000which is less compared to the cost of registering for a professional license. This provides a cost-effective means by which learners can acquire programming skills without shell out premium prices and get a high return on investment (ROI).

  • Segmentation by geography

41% of market growth will come from North America during the forecast period. The United States and Canada are the main markets to code the bootcamp in North America. However, market growth in this region will be slower than growth of the market in APAC and Europe. The the growing number of student enrollments as well as the cost-effective nature of coding bootcamps will facilitate the growth of the coding bootcamp market by North America over the forecast period.

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Key Market Dynamics:

The increase in student numbers is one of the major factors determining the size of the coding bootcamp market. The growing popularity and growing adoption of coding bootcamps is influencing the number of students enrolling in bootcamps around the world. Several benefits such as increased affordability of coding bootcamps, increased adoption of e-learning and growing demand for MOOCs is driving student enrollment. Coding bootcamps witness stable registrations in APAC and EMEA, and slow growth in the Americas, which further influences the coding demand from bootcamp providers.

One of the major factors hindering 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. Enrollment in the higher education sector is increasing dramatically, forcing colleges and universities to increase the number of classes. Employers’ non-acceptance of qualified students for bootcamps in the majority of emerging regions further contributes to the growth of the formal education sector, thus suppressing the emergence of coding bootcamps in these regions. Also, the unawareness of bootcamps among students further hampers the growth of bootcamps 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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Key Market Companies:

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

  • 4Geeks Academy LLC
  • Barcelona Coding School
  • Dataquest Labs Inc.
  • Galvanize Inc.
  • General Assembly Space Inc.
  • Hash Map Labs Inc.
  • ironhack inc.
  • Creators Academy
  • Reflective Inc.
  • Udacity Inc.

The coding bootcamp market is fragmented and vendors deploy various organic and inorganic growth strategies to compete in the market.

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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 17%

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, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period.

Customization overview

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

Main topics covered:

Summary

Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market Outlook: Predictions for 2020 – 2025

Five forces analysis

  • Summary of the five forces
  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by end user

  • Market segments
  • Comparison by end user
  • Individual Learners – Market size and forecast 2020-2025
  • Institutional Learners – Market Size and Forecast 2020-2025
  • Market opportunity by end user

Market segmentation by delivery method

  • Market segments
  • Comparison by delivery method
  • Full Time Bootcamps – Market Size and Forecast 2020-2025
  • Part-Time Bootcamps – Market Size and Forecast 2020-2025
  • Market opportunity by delivery method

Market segmentation by language

  • Market segments
  • Comparison by language
  • Java – Market size and forecast 2020-2025
  • Python – Market size and forecast 2020-2025
  • .NET – Market size and forecast 2020-2025
  • Ruby – Market size and forecast 2020-2025
  • Others – Market size and forecast 2020-2025
  • Market opportunity by language

Customer landscape

Geographic landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2020-2025
  • APAC – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Main leading countries
  • Market Opportunity by Geography
  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

  • Insight
  • Landscape disturbance

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • 4Geeks Academy LLC
  • Barcelona Coding School
  • Dataquest Labs Inc.
  • Galvanize Inc.
  • General Assembly Space Inc.
  • Hash Map Labs Inc.
  • ironhack inc.
  • Creators Academy
  • Reflective Inc.
  • Udacity Inc.

Annex

  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

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