Key Takeaways
- The coding bootcamp market size reached $1.2 billion in 2023
- Coding bootcamp enrollment grew by 12% year-over-year in 2022
- Global coding bootcamp market projected to grow at 18.5% CAGR from 2024-2030
- Average coding bootcamp enrollment per program: 150 students in 2023
- Total U.S. coding bootcamp enrollments: 42,000 in 2022
- 25% increase in bootcamp enrollments from 2021 to 2022
- Average coding bootcamp cost is $14,214 in 2023
- Full-time bootcamps average 13.2 weeks duration
- Part-time bootcamps average 24.5 weeks
- 90% graduation rate average for top bootcamps
- 79% of graduates employed full-time within 6 months
- Average starting salary for bootcamp grads: $69,410 in 2023
The coding bootcamp industry is rapidly expanding with high graduate employment and salaries.
Enrollment and Participation
- Average coding bootcamp enrollment per program: 150 students in 2023
- Total U.S. coding bootcamp enrollments: 42,000 in 2022
- 25% increase in bootcamp enrollments from 2021 to 2022
- Online bootcamp enrollments surged 40% during 2020 pandemic
- 60% of bootcamp enrollees are career changers in 2023
- Full-time bootcamp programs saw 15,000 enrollments in Q1 2023
- Women represent 28% of coding bootcamp enrollees in 2023
- Average age of bootcamp enrollees: 28 years in 2023 survey
- 35% of enrollees have prior tech experience
- International students make up 12% of U.S. bootcamp enrollments
- Part-time programs enrolled 20,000 students in 2022
- Bootcamp enrollment drop of 10% in 2023 vs 2022 peak
- 45% enrollment growth in data science bootcamps 2022-2023
- UX/UI bootcamp enrollments up 22% in 2023
- 70% of enrollees funded via income share agreements in 2023
- Recent college grads (under 2 years) 15% of enrollees
- Hispanic/Latino enrollees at 18% in U.S. bootcamps 2023
- Bootcamp enrollment in cybersecurity tracks doubled since 2020
- 55% of enrollees from non-STEM backgrounds
- Evening bootcamp slots filled 85% capacity in 2023
- 8,000 enrollments in free coding bootcamps annually
- Bootcamp waitlists average 4 weeks for popular programs
- 30% enrollment increase for AI/ML bootcamps in 2023
- Corporate-sponsored enrollments at 10% of total in 2023
- Dropout rate impacts net enrollment by 20%
- 42% of bootcamp enrollees are women in diversity-focused programs
- Total enrollments in Lambda School (now BloomTech) peaked at 5,000/year
- General Assembly enrolled 20,000 students in 2022
Enrollment and Participation Interpretation
Market Size and Growth
- The coding bootcamp market size reached $1.2 billion in 2023
- Coding bootcamp enrollment grew by 12% year-over-year in 2022
- Global coding bootcamp market projected to grow at 18.5% CAGR from 2024-2030
- U.S. coding bootcamp revenue hit $598 million in 2021
- Number of coding bootcamps worldwide increased to 650 in 2023
- Coding bootcamp industry saw 25% growth in Asia-Pacific region in 2022
- European coding bootcamp market valued at €450 million in 2023
- Online coding bootcamps accounted for 60% of market share in 2023
- Latin America coding bootcamp market grew 30% in 2022
- U.S. bootcamp market expected to reach $2 billion by 2028
- Total funding raised by coding bootcamps exceeded $500 million in 2022
- Number of active coding bootcamps in U.S. reached 200 in 2023
- Coding bootcamp mergers and acquisitions rose 15% in 2023
- India coding bootcamp market valued at $150 million in 2023
- Bootcamp market contraction of 5% occurred in 2020 due to COVID
- Projected U.S. bootcamp enrollment to hit 100,000 by 2025
- Coding bootcamp market share of online platforms at 70% in 2024 forecast
- Total global bootcamp students reached 500,000 cumulatively by 2023
- U.S. bootcamp industry employment impact: 50,000 jobs created since 2015
- Coding bootcamp valuation average $100 million for top providers in 2023
- Bootcamp market recovery post-COVID at 22% growth in 2022
- Number of bootcamps in Canada grew to 50 in 2023
- Australia coding bootcamp market at AUD 200 million in 2023
- Bootcamp industry VC investment down 20% in 2023 from peak
- Global bootcamp market to $5 billion by 2030
- U.S. share of global bootcamp market at 45% in 2023
- Part-time bootcamp segment grew 35% in 2023
- Women-led bootcamps captured 10% market share in 2023
- Enterprise bootcamp training market at $300 million in 2023
- Total U.S. bootcamp grads since inception: 200,000 by 2023
Market Size and Growth Interpretation
Program Characteristics
- Average coding bootcamp cost is $14,214 in 2023
- Full-time bootcamps average 13.2 weeks duration
- Part-time bootcamps average 24.5 weeks
- 85% of bootcamps offer job guarantee or placement assistance
- Average tuition refund rate for non-completion: 90%
- 70% of programs include career coaching services
- Curriculum focus: 60% full-stack web dev
- Average class size: 18 students per cohort
- 40% of bootcamps offer flexible pacing options
- Income share agreements used by 25% of bootcamps
- Average upfront payment: $11,874 for financed students
- 92% of bootcamps provide laptops or tech stipends
- Data science bootcamps average $15,712 tuition
- UX design bootcamps average 20 weeks duration
- 65% include capstone projects in curriculum
- Average mentorship hours: 120 per student
- 50% of programs offer alumni networks access for life
- Hybrid programs (in-person/online) 15% of market
- Average homework hours/week: 25 for full-time
- 75% cover soft skills training
- DevOps bootcamps average $16,500 cost
- 80% satisfaction with curriculum quality per reviews
- Average acceptance rate: 85% for applicants
- 30% offer scholarships averaging $5,000
- Cloud computing bootcamps 16 weeks average length
- 55% include interview prep in programs
- Mobile dev bootcamps cost $13,900 average
Program Characteristics Interpretation
Student Outcomes
- 90% graduation rate average for top bootcamps
- 79% of graduates employed full-time within 6 months
- Average starting salary for bootcamp grads: $69,410 in 2023
- 4.3 months average time to employment post-graduation
- 73% employed in roles matching training within 180 days
- Salary increase average 63% post-bootcamp
- 88% of grads recommend their bootcamp
- 25% of grads land jobs at FAANG companies
- Completion rate for full-time programs: 87%
- 6-month job placement rate: 82% for women grads
- Average salary for data science grads: $95,000
- 91% alumni satisfaction rate
- 15% of grads freelance within first year
- UX/UI grads average salary $78,200
- Retention rate post-grad: 92% still in tech after 1 year
- 70% report career advancement within 12 months
- Cybersecurity bootcamp placement: 85% employed
- ROI average: 6.9x tuition cost in first year salary
- 40% of grads promoted within 18 months
- DevOps grads salary average $110,000
- 78% full-time employment rate 180 days post-grad
- Black/Hispanic grads placement 75%
- 95% of job-guaranteed program grads employed
- Average 1-year salary growth: 12% for grads
- 62% of grads switch to tech from other industries
- Cloud cert pass rate: 89% for bootcamp students
- 83% report high job satisfaction
- Mobile dev grads average $85,000 starting salary
- 3-month placement rate: 55% for top performers
- Long-term retention in tech: 85% after 3 years
- AI/ML grads salary $120,000 average
Student Outcomes Interpretation
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