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
- Bloc
- 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
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- France
- U.K.
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
- South America
- Brazil
- Rest of South America
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
