Coding Bootcamp - Introduction
- Coding bootcamp is a training program that involves teaching of programming skills to job seekers and students in order to enhance their coding skills as per industry standards
- A coding bootcamp offers both full-time and part-time training programs as per the need of an aspiring employee or student. Coding bootcamp helps job seekers to learn or update their programming skills and enhance their employability so that they can make a career in the web development sector
- Increase in number of ready-to-work coding bootcamps arranged by various institutes and companies propels the coding bootcamp market
Global Coding Bootcamp Market: Dynamics
Global Coding Bootcamp Market: Key Drivers
- Due to rising adoption of technologies in various countries, the need for learning new skills rises accordingly. This factor is projected to drive the demand for coding bootcamps during the forecast period.
- Adoption of coding bootcamps is expected to increase during the forecast period to improve programming skills and enhance employability
- The low cost of coding bootcamp as compared to the fees charged by universities, increases student enrolments for bootcamps. This factor is estimated to boosts the coding bootcamps market.
- Increase in number of institutes offering courses on coding is anticipated to hinder the coding bootcamp market.
- Increase in formal education is estimated to also hamper the coding bootcamp market during the forecast period
- SME’s in developing countries such as India and China offers significant opportunities for the coding bootcamp market.
Impact of COVID-19 on Global Coding Bootcamp Market
- Increase in number of cases of COVID-19 across the globe is resulting in economic slowdown, which has led to closure of schools, colleges, and other educational institutions. Consequently, schools and colleges held online classes, and it took some time for students to adapt to the new normal.
- Several people lost their jobs during the lockdowns, while some are still struggling to get new opportunities. In this situation, coding bootcamps allow students to refurbish their knowledge and learn new skills to enhance their employability. This is fueling the demand for coding bootcamp during the pandemic situation.
- Hence, COVID-19 is projected to have a positive impact on the coding bootcamp market during the forecast period
North America to Hold Major Share of Global Coding Bootcamp Market
- In terms of region, the global coding bootcamp market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
- North America is estimated to be a prominent region of the global coding bootcamp market during the forecast period. Presence of a large number of coding bootcamp providers and advancements in IT infrastructure are boosting the demand for coding bootcamps in the region.
- Increase in number of job seekers in countries like India and China is prompting the need to learn new skills, which in turn is propelling the coding bootcamp market in Asia Pacific
- Increasing penetration of coding companies in Europe are demanding the employee with updated coding skills. The requirements of IT companies is anticipated to fuel the demand for coding bootcamps in the region during the forecast period.
Global Coding Bootcamp Market: Competition Landscape
- Several players have a strong presence in the global coding bootcamp market with rapid technological advancements. For instance, in May 2020, Lighthouse Labs, a Canada-based tech education company announced that it would provide web development bootcamp and data science bootcamp courses to any students by offering an internet connection. Lighthouse Labs aims to provide coding education to every student across Canada in order to improve their programming skills and to enhance their coding knowledge.
Key Players Operating in the Global Coding Bootcamp Market include:
- App Academy
- 4Geeks Academy LLC
- Barcelona Code School
- Dataquest Labs Inc.
- Epicodus, Inc.
- Galvanize Inc.
- General Assembly Space Inc.
- Hash Map Labs Inc.
- Ironhack Inc.
- Lighthouse Labs
- Makers Academy
- The Tech Academy.
- Thinkful Inc.
- Udacity Inc.
Global Coding Bootcamp Market: Research Scope
Global Coding Bootcamp Market, by End-user
- Individual Learners
- Institutional Learners
Global Coding Bootcamp Market, by Mode of Delivery
- Full-time Bootcamp
- Part-time Bootcamp
Global Coding Bootcamp Market, by Region
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America
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