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Key Market Segmentation & Forecasts:
The major contribution to the global coding bootcamp market is made by individual learners compared with institutional learners, as more number of individuals enroll in coding bootcamps. Another major factor catering to the growth of the market is the cost-effective nature of coding bootcamps. The typical cost of the coding boot camp ranges from $5,000 to $20,000, which is less when compared with the cost of enrolling in a professional degree course. This provides a cost-effective way in which learners can obtain programming skills without shelling out premium prices and get a high Return on Investment (ROI).
- Segmentation by Geography
41% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for 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's enrolment along with the cost-effective nature of coding bootcamps will facilitate the coding bootcamp market growth in North America over the forecast period.
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Key Market Dynamics:
The increase in student enrollments is one of the major factors driving coding bootcamp market size. Increased popularity and the rising adoption of coding bootcamps influence the number of students enrolling in bootcamps globally. Several benefits such as increasing affordability of coding bootcamps, increased adoption of online learning, and the rising demand for MOOCs encourages student enrollments. Coding bootcamps are witnessing steady enrollments in APAC and EMEA, and slow growth in the Americas, which further influences the demand for coding bootcamp vendors.
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 Science engineering. The number of enrollments in the higher education sector is increasing substantially, requiring colleges and universities to increase the number of classes. The non-acceptance of bootcamp qualified students by the employers in the majority of the emerging regions are further catering to the growth of the formal education sector, thereby suppressing the emergence of coding bootcamps in these regions. In addition, the unfamiliarity of bootcamps among students is further hindering the growth of bootcamps and fueling the growth of formal education-providing institutes. Thus, formal education is the biggest substitute for the growth of the global coding bootcamp market.
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Key Companies of the Market:
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- 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.
- Udacity Inc.
The coding bootcamp market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
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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 17% |
Market growth 2021-2025 |
$ 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, 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 inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period. |
Customization preview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
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 Mode of delivery
- Market segments
- Comparison by Mode of delivery
- Full-time bootcamps - Market size and forecast 2020-2025
- Part-time bootcamps - Market size and forecast 2020-2025
- Market opportunity by Mode of delivery
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
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- 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.
- Udacity Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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