GVR Report cover Coding Bootcamp Market Size, Share & Trends Report

Coding Bootcamp Market Size, Share & Trends Analysis Report By End-user (Institutional learners, Individual learners), By Mode Of Delivery, By Region, And Segment Forecasts, 2022 To 2030

  • Report ID: GVR453280
  • Number of Pages: 0
  • Format: Electronic (PDF)

The global coding bootcamp market size is poised to gain traction due to the surging demand for technical careers and diverse skills. Forward-looking companies are expected to invest in coding bootcamps to help employers reduce the cost of hiring and onboarding. Universities are expected to explore opportunities through technological advancements to boost robust skills training.

Bootcamps are innately designed to help students gain skills and allow them to transition into a career in web development. Coding bootcamps help individuals to boost their career potential through intensive and short training and become future-ready and tech-savvy. Students have exhibited profound traction for bootcamps to propel creativity, problem-solving skills, and technical skills. The 2020 Course Report noted that 79% of graduates claimed skills they garnered at bootcamp helped them get a job.

Lately, online bootcamps exhibited resilience and received impetus following the onslaught of the COVID-19 pandemic. The rising trend for bootcamps is mainly attributed to more flexible schedules, affordability and learning new skills in a short time period.

Coding Bootcamp Market Segmentation

Segments

Details

End-user

Institutional learners; Individual learners

Mode of Delivery

Part-time Bootcamp; Full-time Bootcamp

Region

North America; Europe; Asia Pacific; Latin America; MEA

 

With an unprecedented rise in digital technologies, the need for training on coding skills has soared dramatically. Over the years, a notable surge in female labor participation and involvement in the tech workforce have augured well for the business outlook. According to the 2020 Coding Bootcamp Report, women accounted for 41% of bootcampers who graduated in 2020. Meanwhile, in March 2021,Course Report claimed that women make around 24% of the tech workforce and it could dip to 22% over the next decade. Accordingly, alternative education segments, such as coding bootcamps, could gain prominence over the next few years.

In terms of end-user, the individual learners could contribute notably towards the global market, mainly due to students seeking an opportunity to learn core innovation. Coding bootcamps have gained considerable ground for individuals seeking programs in topics, including data science, cybersecurity, user experience (UX) design, product management, and full-stack web development.

The part-time bootcamp has become highly sought-after among individuals who have education, work, or family commitments. The use of video recording platforms and flexible schedule has made coding bootcamp trendier across North America, Europe, and Asia Pacific.

North America coding bootcamp market share will be strong in the wake of the rising footfall of full-time and part-time bootcamps. Industry players could further their investments across the U.S. and Canada for high impact-learning. Prominently, programming languages, such as Python have gained popularity across Facebook, Google and IBM. Moreover, well-established players, such as Uber, eBay and Netflix, have also spurred investments in JavaScript for a smooth user experience.

The Asia Pacific could provide lucrative opportunities to students wanting to hone their programming skills. With companies, such as PayPal and Apple redefining the payment landscape, software engineering skills are expected to be in high demand across China, India, Malaysia, and Singapore. Moreover, the development of coding bootcamps for women will also be palpable across the region. In March 2022, She Loves Code was rolled out in India as the first coding bootcamp solely for women to boost their IT skills.

Prominent companies are slated to invest in mergers & acquisitions, product launches, partnerships, technological advancements, and innovation. For instance, in June 2020, Coding Dojo teamed up with MIT Bootcamps to roll out the Coding and Innovation Bootcamp to teach technical skills and core innovation principles.

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