NEW YORK, Dec. 13, 2022 /PRNewswire/ — Technavio categorizes the global programming language training market as a part of the education services market, the parent market. The programming language training market covers products, services, and solutions that are offered to educational institutions, corporate institutions, students, parents, individuals, and teachers. The global programming language training market size is estimated to increase by USD 5,375.55 million from 2022 to 2027. The market’s growth momentum will accelerate at a CAGR of 15.15%.
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Global programming language training market– Customer Landscape
To help companies evaluate and develop growth strategies, the report outlines –
Key purchase criteria
Adoption rates
Adoption lifecycle
Drivers of price sensitivity
Global programming language training market– Vendor Analysis
Vendor Landscape – The global programming language training market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer programming language training in the market are Barcelona Code School, Coursera Inc., DataCamp Inc., Dataquest Labs Inc., Eduonix Learning Solutions Pvt. Ltd, edX LLC, Global Knowledge Training LLC, LinkedIn Corp., NIIT Ltd, Online Consulting Inc., PTR, Udacity Inc., Udemy Inc., Aptech Ltd., Coding Blocks Pvt. Ltd., Firebrand Training Ltd., and NetCom Learning and others.
The global programming language training market is at its growing stage. This implies that the market in focus is characterized by increased adoption of boot camps by developing economies, increased emphasis on blended learning, and incorporation of programming languages in school curricula.
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Global programming language training market – Segmentation assessment
Geography Overview
Based on geography, the global programming language training market is segmented into North America, Europe, APAC, South America, and the Middle East and Africa. The report provides actionable insights and an accurate estimation of the contribution of all regions to the growth of the global programming language training market.
North America will account for 38% of the market growth during the forecast period. The market in the region is estimated to grow at the fastest pace during the forecast period. The various steps taken by the US and Canadian governments to include programming language classes early in the educational system are one of the factors driving the market. Another element influencing the growth of coding boot camps in North America is the growing demand for programming language training. The expansion of boot camps reflects an increase in demand for software developers who are fluent in all programming languages.
Segment Overview
Based on end-user, the global programming language training market is segmented into corporate and academic.
The market share growth of the corporate segment will be higher than the other segments during the forecast period. The business sector, which consists of personnel receiving programming language training, contributes significantly to the global market for programming language training. The blended learning model incorporates both online and offline activities. This is one of the major factors in market growth. The development of Big Data technologies such as R and Scala has also contributed to the growth of this business. With the expanding use of Big Data, there is a greater demand for applicants that excel in analytical software. As a result, businesses are heavily investing in Big Data analytics and training their workers in it. During the forecast period, such factors will lead to the expansion of the corporate segment in the worldwide programming language training market.
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Global programming language training market – Market dynamics
Impactful Driver – The increased emphasis on blended learning is driving the growth of the market. The blended learning approach combines traditional classroom activities with online learning opportunities. One of the elements promoting the development of this model is the growing emphasis on online training. The convenience and flexibility that the mixed approach offers to learners is the main driver behind its adoption in programming language training.
Key Trend – The increased integration of e-learning is the key trend in the market. E-learning offers businesses the ease of flexible training schedules that can be accessed from any location at any time with just an internet connection. This enables the employees to fit training into their workday rather than taking part in activities that conflict with tasks that demand both time and travel. The cost savings associated with delivering training modules is one of the main advantages of online training. E-learning is therefore anticipated to have a better market outlook during the projection period.
Major Challenge – The inconsistency in training is expected to impact market growth negatively. Students will have different levels of linguistic proficiency, and their exposure to new programming languages may vary. As a result, it becomes challenging to provide for all the various client needs using a uniform paradigm. The key problem that programming language training firms have is ensuring that students with lesser learning abilities grasp the programming language. During the forecast period, these factors will have a negative effect on the market’s expansion.
Driver, Trends, & Challenges are the factors of market dynamics, which state about consequences & sustainability of the businesses. Find a few insights from a sample report!
What are the key data covered in this programming language training market report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the programming language training market between 2023 and 2027
Precise estimation of the size of the programming language training market size and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the programming language training industry across APAC, North America, Europe, Middle East and Africa, and South America
A thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of programming language training market vendors
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Programming Language Training Market Scope
Report Coverage
Details
Page number
160
Base year
2022
Historic period
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR
Accelerate at a CAGR of 15.15%
Market growth 2023-2027
USD 5,375.55 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
14.75
Regional analysis
North America, APAC, Europe, South America, and Middle East and Africa
Performing market contribution
North America at 38%
Key countries
US, Canada, China, India, and Germany
Competitive landscape
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled
Barcelona Code School, Coursera Inc., DataCamp Inc., Dataquest Labs Inc., Eduonix Learning Solutions Pvt. Ltd, edX LLC, Global Knowledge Training LLC, Learning Tree International Inc., LinkedIn Corp., NIIT Ltd, Online Consulting Inc., PTR, Simplilearn Solutions Pvt. Ltd., Udacity Inc., Udemy Inc., Aptech Ltd., Coding Blocks Pvt. Ltd., Firebrand Training Ltd., and NetCom Learning
Market dynamics
Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period
Customization purview
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Table Of Contents:
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
4 Historic Market Size
4.1 Global programming language training market 2017 – 2021
4.2 End-user Segment Analysis 2017 – 2021
4.3 Product Segment Analysis 2017 – 2021
4.4 Geography Segment Analysis 2017 – 2021
4.5 Country Segment Analysis 2017 – 2021
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by End-user
6.1 Market segments
6.2 Comparison by End-user
6.3 Corporate – Market size and forecast 2022-2027
6.4 Academic – Market size and forecast 2022-2027
6.5 Market opportunity by End-user
7 Market Segmentation by Product
7.1 Market segments
7.2 Comparison by Product
7.3 Online – Market size and forecast 2022-2027
7.4 Classroom – Market size and forecast 2022-2027
7.5 Boot camp – Market size and forecast 2022-2027
7.6 Market opportunity by Product
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 North America – Market size and forecast 2022-2027
9.4 APAC – Market size and forecast 2022-2027
9.5 Europe – Market size and forecast 2022-2027
9.6 South America – Market size and forecast 2022-2027
9.7 Middle East and Africa – Market size and forecast 2022-2027
9.8 US – Market size and forecast 2022-2027
9.9 Canada – Market size and forecast 2022-2027
9.10 China – Market size and forecast 2022-2027
9.11 India – Market size and forecast 2022-2027
9.12 Germany – Market size and forecast 2022-2027
9.13 Market opportunity by geography
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks
12 Vendor Analysis
12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Aptech Ltd.
12.4 Coursera Inc.
12.5 DataCamp Inc.
12.6 Dataquest Labs Inc.
12.7 edX LLC
12.8 Firebrand Training Ltd.
12.9 Global Knowledge Training LLC
12.10 Learning Tree International Inc.
12.11 LinkedIn Corp.
12.12 NetCom Learning
12.13 NIIT Ltd
12.14 Online Consulting Inc.
12.15 Simplilearn Solutions Pvt. Ltd.
12.16 Udacity Inc.
12.17 Udemy Inc.
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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