The demand for technology expertise continues to grow and businesses in many countries are struggling to find qualified workers with advanced programming skills. Young people with non-technical backgrounds are often looking beyond the walls of traditional colleges, and to a four-year degree, to learn these skills more quickly. This has become easier to do as a variety of new learning spaces and resources are emerging to address this need. From online interactive platforms such as Codecademy and massive open online courses to interacting with other people involved in learning programming through meetings and hackathons, there is now a multitude of options for a wide range of learning styles, each with different learning outcomes. Coding bootcamps are the newest addition to this marketplace to learn how to code. Universities are experimenting with the bootcamp coding trend. Studies show that in 2016, the number of full-time providers increased from 67 to 91, with an estimated 18,000 graduates increasing dramatically from 2,100 graduates in 2013. These new companies provide a solution to the increasing skills gap in the job market. Software engineering and web development have become important functions for more businesses and, not necessarily limited to tech companies, thus increasing the demand for skilled professionals. Such factors are driving the demand for coding bootcamp market.
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Accessibility to smart phones and internet by everyone across the world has created awareness among all students, fresh graduates and experienced workers regarding the day to day changing technology and the required skills to get an job in the domain or also to grow faster in their career path. The proliferation of internet and smart devices have increased the awareness of individuals regarding the various short-term courses available both online and offline to enhance their skills. This has also encouraged individuals to take up these courses owing to the flexibility offered by the institution and the companies such as part time courses, weekend classes, and self-paced courses amongst others. Thus, this is driving the growth of the coding bootcamp market across the globe over the forecast period.
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In the situation of coronavirus pandemic coding bootcamp providers are preparing to deliver quality learning to students and working professionals to brush up their skills by staying indoors, working from home or even unemployed. Additionally, amid the Covid-19, the sector has received $19 Mn and several other scholarship to reduce the gap between unemployment and industry demanding skills. As a response to Covid-19, full time in person bootcamps are launching remote options such as online classes which can be availed from anywhere across the globe. Bootcamp providers are also offering scholarships for anyone who is affected by the pandemic and wants to take up the course. Major players in the coding bootcamp market are engaged in taking initiatives to support their exiting students and also fresh students who are interested in the course. For instance, Codesmith distributed $1000 stipend to their students in order to set up their homes for online classes. Similarly, Thinkful announced $1.5 Mn scholarships for people affected in the pandemic coupled with 30 days of flexible course for free. The company is also offering $4000 off the cost of a full-time programme in engineering, UX/UI Design, Data Analytics and Data Science for all those who are impacted with the pandemic. Flatiron School’s has also granted scholarship to students of $3,000 plus $0 upfront, so that they can get started on their courses from their home itself. This scholarship is available to women, underrepresented communities, and veterans as well as those whose ability to earn an income is reduced due to Covid-19, including those who are unable to work remotely, and have lost wages. Students, fresh graduates and experienced employees are also encouraged to take up these courses owing to the increased unemployment across the globe as a result of the pandemic. As these courses help in learning new skills and job demanding skills the coding bootcamp market is expected to grow over the forecasted period.
The detailed research study provides qualitative and quantitative analysis of the global coding bootcamp market. The coding bootcamp market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America
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Global Coding Bootcamp Market
- By Type:
- Full Stack JavaScript
- Ruby on Rails
- Java
- Python
- NET
- By Mode of Delivery:
- Full-time Bootcamps
- Part-time Bootcamps
- By Application:
- Small and Medium Business
- Large Business
- By End User:
- Individual Learners
- Institutional Learners
- By Region:
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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