Global Coding Bootcamp Market
Global Coding Bootcamp Market Size By End-User, By Mode of Delivery, By Geographic Scope And Forecast
According to Verified Market Research, The Global Coding Bootcamp Market was valued at USD 399.91Million in 2018 and is projected to reach USD 889.37 Million by 2026, growing at a CAGR of 10.70% from 2019 to 2026.
Several jobs that are enabled by the ICT sector are created in the emerging economies such as in the Asia Pacific region, in particular, small and medium-sized companies. With the growing importance of technology among job seekers come the outsourcing and immigration to these economies. With the increasing number of job seekers that are present in regions such as Africa, Asia- Pacific well as the Americas, the need for the development to seek out individuals with the appropriate skills is expanding, thereby driving the growth of the market.
On the contrary, an increasing number of institutions and universities providing classes/courses for coding and costliness of the course are likely to hinder the growth of the Coding Bootcamp market.
On the basis of End-User, the Global Coding Bootcamp market is classified into Individual learners and Institutional learners. The individual Learners segment is anticipated to have the largest market share of the market. According to the studies, more students are enrolling themselves for the boot camps instead of a university degree due to its low price. The fee for a boot camp is equivalent to the fee of one or two semesters of the university degree program hence boosting the market for the Individual Learners segment. However, the Institutional Learners segment is projected to grow at the highest CAGR during the forecast period.
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