2015 market sizing header

2015 Bootcamp Market Size Study

Coding Bootcamps Expected to Graduate 16,056 Students and Grow by 138% in 2015, Based on Responses from 94% of US & Canadian Schools

Liz Eggleston Monday - Jun 08, 2015

Course Report is pleased to present our second Market Sizing Report, another in-depth, empirical study that takes stock of the coding bootcamp industry. The findings confirm startling industry growth between 2014-2015. 

Course Report polled every full-time, US/Canadian bootcamp with courses in web and mobile development, gathering statistics on 2014 graduates and projected 2015 graduation rates. Our response rate was once again impressive: 94% of schools responded.

Read the full PDF here!

Key Findings

Coding bootcamps continue to flourish as an industry that will graduate over 16,000 students in 2015. Course Report found:

  • In 2015, the bootcamp market will grow by 2.4x, to an estimated 16,056 graduates in 2015, up from 6,740 in 2014.
  • As a point of comparison, we estimate that there were 48,700 undergraduate computer science graduates from accredited US universities in 2014.1
  • Our 2014 Market Sizing Study projected the 2014 market size to be 5,987 graduates. Our 2015 study finds that the actual market size in 2014 was 6,740 graduates. Thus our 2014 report underestimated year-over-year growth by 11%.
  • Average tuition price of qualifying courses is $11,063, with an average program length of 10.8 weeks.
  • We estimate that tuition revenue from qualifying US schools will be $172M in 2015 (up from $52M in 2014), excluding scholarships.
  • Ruby is the most common teaching language, used in 35% of courses. Bootcamps will graduate 9,748 Ruby developers in 2015. While Ruby remains popular, JavaScript has gained popularity in the past year, now accounting for 21% of courses.

 

1 We estimated undergraduate CS graduates by using the 2014 Taulbee Study, published by the CRA (http://www.cra.org/taulbee/Taulbee2014Results.pdf). The Taulbee Study is a survey of PhD-granting departments, released annually in May. The National Center for Science and Engineering Statistics compiles statistics on undergraduate degrees, but hasn’t published statistics since 2011. We assumed that Taulbee captured 26% of the total undergraduate degrees, based on the most recent comparison published at http://cra.org/resources/crn-archive-viewdetail/counting_computing_cra_taulbee_survey_and_nsf_statistics/.

Respondents in the 2015 Coding Bootcamp Student Outcomes & Demographics Study graduated from the following 63 bootcamps:

Ada Developers Academy App Academy1 Bitmaker Labs
BrainStation Byte Academy Claim Academy
Code Craft School Coder Foundry Code Fellows
CodeCore Bootcamp Coder Camps Coder Vox
Codeup Coding Campus Coding Dojo
Coding House Craftmanship Academy DecodeMTL
Deep Dive Coders Dev Bootcamp2 devCodeCamp
Dev League DevMountain DevPoint Labs
Epicodus Fire Bootcamp Flatiron School
Fullstack Academy Galvanize General Assembly
Grand Circus Hack Reactor Hackbright Academy
HackerYou Ironhack Launch Academy
LearningFuze Lighthouse Labs MakerSquare
Mobile Makers Academy Nashville Software School New York Code + Design Academy
Notch8 LEARN Omaha Code School Orange County Code School
PDX Code Guild Portland Code School Prime Digital Academy
RefactorU RocketU3 Sabio.la
SeedPaths Skill Distillery Software Craftmanship Guild
Startup Institute4 The Iron Yard The Starter League
The Tech Academy Portland Tech Talent South Turing School
TurnToTech We Can Code IT Wyncode

Missing from 2015 Study:

  • 11 bootcamps are not included in the 2015 study which were included in 2014, for a variety of reasons.
  • Zipfian Academy was acquired by Galvanize. Their numbers will be included in a future report under Galvanize.
  • Prosper IT Academy is now named “Tech Academy Portland”
  • Devatory, Dev Champs, Vivo School of Technology and AIT Learning are no longer operating.
  • 1 bootcamp refused to participate and 3 bootcamps were unresponsive.

1 App Academy reported actuals for 2014 but not projections. The industry growth rate was applied with permission to reported 2014 actuals. To establish an “Industry Growth Rate,” we calculated the growth rate from 2013-2014 of actual reported graduates for a growth rate of 2.5x. We only included schools who fully participated in both 2014 and 2015.
2 Dev Bootcamp reported actuals for 2014 but not projections. The industry growth rate was applied with permission to reported 2014 actuals.
3 RocketU is no longer operating, but we included their 2014 data.
4 Startup Institute did not report actuals nor projections for 2015, but an industry growth rate was applied with permission to their 2014 predicted graduation numbers.

We surveyed a total of 67 US/Canada-based coding schools, commonly referred to as “bootcamps” or “accelerated learning programs.” Of the schools surveyed, which had to meet a set of criteria described below, 63 completed the survey, for a response rate of 94.45 %. The surveys were sent to school representatives and graduation figures are self-reported by the respondents.

INCLUSION CRITERIA

To qualify for inclusion in the survey, a school must (a) offer full-time, in-person instruction of 40 or more hours of classroom time per week, (b) not be associated with an accredited college or university, (c) provide coding-specific curriculum with a focus on Full-Stack Web Development, Mobile Development, or Front-End Web Development (a separate report will be released for schools specializing in product development, data science, design, or marketing), and (d) based in the United States or Canada. Many schools offer courses at multiple campuses across a wide range of curriculum. Respondents were asked to only report on courses meeting the above criteria (full-time, in-person, non-accredited, programming-specific, United States/Canada).

2015 Forecast

2015 forecast. All but one respondent reported the number of students who graduated in 2014. All but three of the respondents provided estimates of their expected, 2015 graduate total.

Course Analysis

In addition to survey responses, we utilized the Course Report database of individual course sections to identify a sample of 115 courses (used in Table 2 and Table 3). To qualify for our sample, the course needed to meet all of the above criteria and have a start date in 2015.

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