Press release
Coding Bootcamp Market Sales in Canada 2022-2031
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 standardsA 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
coding bootcamp market size and forecast
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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.
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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
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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.
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