Global Coding Bootcamp Market: Size and Trends with Impact of COVID-19 and Forecast up to 2027

Global Coding Bootcamp Market

Executive Summary

A coding bootcamp is a technical training program that teaches the programming skills that employers seek. Coding bootcamps allow students with little coding experience to focus on the most important aspects of coding and apply their new coding skills to solve realworld problems. Coding bootcamps, like many trade schools, are typically run by for-profit private companies and are available in-person or online, depending on the program. A few well-known coding bootcamps are Bloc, General Assembly, Flatiron School, and App Academy. The global coding bootcamp market was valued at US$1.36 billion in 2021 and is expected to be worth US$3.66 billion in 2027, growing at a CAGR of 18% over the projected period of 2022-2027.

Global coding bootcamp market can be classified on the basis of mode of learning (full time & part time), programming language (python, NET, RUBY, JAVA & others), tuition distribution (free, <US$5,000, US$5,000-US$9,999, US$10,000-US$15,000 & >US$15,000). Among the mode of learning, full time segment is expected to be the fastest growing segment in the forecasted period. Students prefer the full-time course because they prefer to learn in an environment where everyone else is learning alongside them. The course time for such boot camp is shorter than for part-time boot camp.

Even in face of the fact that COVID-19 disruptions around the globe have caused a significant drop in revenue for many enterprises, the coding bootcamp market observed a positive impact. In response to the COVID-19 pandemic, many in person bootcamps launched remote options and also offered COVID reliefs to the students, in the form of scholarships, incentives, or stipends, which supported the market expansion during the COVID outbreak.

Global coding bootcamp market is expected to show a significant increase during the forecasted period, i.e. from 2022 to 2027. The growth can be attributed to bootcamp partnerships, increasing investments in bootcamp, increased flexibility, availability of financing options, scholarships and better outcome. However, some challenges are also impeding the growth of the market such as the growing demand for formal education.

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Daedal Research

Daedal Research

Daedal Research is a research and consulting firm specialized in providing research reports and customized business research and analysis. The research firm offers a blend of the best strategic consulting and market research solutions, which promise data rich, cost effective, and highly insightful analysis to help its clients with perfect answers to their important business queries.

Daedal Research is a research and consulting firm specialized in providing research reports and customized business research and analysis. The research firm offers a blend of the best strategic consulting and market research solutions, which promise data rich, cost effective, and highly insightful analysis to help its clients with perfect answers to their important business queries.