In terms of revenue, the coding bootcamp market stood at US$ 418.08 Mn in 2020, and is expected to grow at a CAGR of 12.27% during the forecast period of 2021 – 2030. Latest added Bootcamp Market research study by Absolute Markets Insights (AMI) offers detailed product outlook and elaborates market review till 2030. The market Study is segmented by key regions that is accelerating the marketization. At present, the market is sharping its presence and some of the key players in the study are 4Geeks Academy, LLC, Academia de Código, App Academy, Barcelona Code School, Big Sky Code Academy, Bloc, Flatiron School, General Assembly, Ironhack, Le Wagon, Tech Talent South, Thinkful, Inc., and Zip Code Wilmington amongst others. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.
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A coding bootcamp is a training program which teaches programming skills that employers are looking for in an employee nowadays. This training incorporates speed and high impact learning of important aspects of coding that are relevant for immediate real-world applications. The students attending coding bootcamps aim at transitioning into a career in web development. This has proved to be a game changer for career switchers over the past six years. These training programs help adding real value to a potential employer as they teach students to build applications at a professional level.
The growing demand of web developers complemented with the short duration of training are the primary drivers of the coding bootcamp market. Coding bootcamps can address the immediate shortage of technical talent required by the growing number of startups across the world as these bootcamps operate in ready-to-work model. Companies/startups in need of web developers primarily look for skills in coding languages, web development frameworks, version control, servers & hosting, and in knowledge of databases. These programs prepare people to qualify at least for the position of a junior developer. Companies such as App Academy, Bloc, General Assembly, Hack Reactor, and Makers Academy offer placement-based coding bootcamps.
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While programming bootcamps are a great option to learn how to code, they can be inaccessible to some. The coding bootcamp market comprises of programs that are offered on a full-time basis and cost upwards of $10,000. However, low-cost options ensure the cost-effectiveness of coding bootcamps when compared with a proper formal education that includes 4 years of bachelor’s degree in Computer Science (CS). Furthermore, the high salary expected upon the completion of the course also acts as a motivator for pursuing these course, which is turn is driving the demand for coding bootcamp market.
In addition to popular coding bootcamps like Hack Reactor, General Assembly, and Flatiron School, universities are also entering coding bootcamp market. Since 2016, universities are partnering with coding bootcamps. Few coding bootcamps offer college credit while few are part-time to accommodate the college schedule. For instance, Wyncode has partnered with Lynn University for a nine-week web development coding bootcamp that transfers university credits to students who graduate from the program. Additionally, graduates can use these credits towards the 36 credits required for a master’s degree. On the same lines, Yale Summer Session is collaborating with Flatiron School for a web development bootcamp for summer 2019 that will carry two Yale College credits. The course is available for current Yale students only and named as CPSC S115 Intro to Full-Stack Web Development.
Several universities have themselves launched internal coding bootcamps, and are not affiliated to or in collaboration with an outside education provider. For instance, Level offers 8-week full time and 20-week part-time bootcamp at Northeastern campuses in Boston, Charlotte, Seattle, San Francisco and Silicon Valley. Similarly, Fundamentals of Full Stack CSCS 300, is a 12-week bootcamp developed and offered by University of Redlands in California. On completion of this program, graduates can earn 8 units of undergraduate credit. Other programs available in the coding bootcamp market comprises of those collaborations of bootcamps and continuing education departments that do not offer any college credit. For instance, DevPoint Labs has partnered with the University of Utah’s Professional Education department to provide a full-time 11-week web development program. This coding bootcamp is aimed at professionals who want to switch careers. Also, Virginia-based Revature provides a 12-week coding program at the City University of New York, the University of Missouri, the University of Maryland University College and Queens College.
Although the landscape is expected to change with varying demands, coding bootcamps have emerged as an approach to prepare people for needs of digital economy. The study analyzes the market in terms of revenue across all the major regions, which is further bifurcated into countries.
Bootcamp Market Segments:
Bootcamp Market: By Type:
- Ruby on Rails
Bootcamp Market: By Mode of Delivery:
- Full-time Bootcamps
- Part-time Bootcamps
Bootcamp Market: By Application:
- Large Business
Bootcamp Market: By End User:
- Individual Learners
- Institutional Learners
Bootcamp Market: By Geography
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
Target Audience of the Global Bootcamp Market in Market Study:
**Key Consulting Companies & Advisors
**Large, medium-sized, and small enterprises
**Value-Added Resellers (VARs)
**Third-party knowledge providers
The study assesses factors such as segmentation, description, and applications of Bootcamp industries. It derives accurate insights to give a holistic view of the dynamic features of the business, including shares, profit generation, thereby directing focus on the critical aspects of the business.
Major highlights of the report:
o An all Bootcamp inclusive evaluation of the parent market
o The evolution of significant market aspects
o Industry Bootcamp wide investigation of market segments
o Assessment of the market value and volume in the past, present, and forecast years
o Market share evaluation
o Study of niche industrial sectors
o Tactical approaches of the market leaders
o Lucrative strategies to help companies strengthen their position in the market.
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