Technavio categorizes the global programming languages training market as a part of the education services market, which is the parent market.
The market for programming languages education comprises products, services, and solutions that are offered to educational institutions, corporate institutions, students, parents, individuals, and teachers. The global market size is expected to grow at a CAGR of USD 5,375.55 million from 2022 to 2027. The growth rate of the market will accelerate by 15.15%.
To help companies evaluate and develop growth strategies, the report includes:
- Key buying criteria
- Adoption rate
- Implementation lifecycle
- Drivers of price sensitivity
The global programming language training market is in a growth stage. This means that the market is characterized by an increasing adoption of bootcamps by emerging economies, with a greater focus on blended learning and the inclusion of programming languages in school curricula.
On the basis of geography, the global market for programming languages training is segmented into North America, Europe, APAC, South America, and Middle East & Africa. The report provides actionable insights and an accurate assessment of the contribution of all regions to the growth of the global programming languages education market.
North America will account for 38% of the market growth during the forecast period. The market in this region is expected to grow at the fastest rate during the forecast period. The various steps taken by the U.S. and Canadian governments to include programming language classes at the beginning of the education system is one of the factors driving the market
Depending on the end user, the global programming languages training market is segmented into corporate and academic.
The market share growth of the corporate segment will be higher than that of the other segments during the forecast period. The corporate sector, which consists of personnel undergoing programming language training, contributes significantly to the global programming language training market. The blended learning model includes both online and offline activities.
This is one of the major factors for the growth of the market. The development of technologies for processing large data sets, such as R and Scala, has also contributed to the growth of this business. With the expanding use of Big Data, the demand for candidates who excel in analytics software is increasing. As a result, enterprises are investing heavily in analyzing large data sets and training their workers in this field. Over the forecast period, these factors will lead to the expansion of the enterprise segment in the global programming language training market.