🏋️♂️ Evolving Bootcamp Models
Bootcamps evolved from short-term programs to multi-model platforms offering diverse courses, expanding partnerships, and addressing emerging skills.
Happy Monday 👋
Bootcamps are expanding their scope by evolving into multifaceted platforms, diversifying their offerings, and forming partnerships to meet evolving career demands and technological advancements. Don't forget to check out the 2024 Global Education Outlook, and sign up for our new Daily Newsletters - 'Chart of the Day' and 'Impact Capital Markets'. For unlimited access to over one million charts, request a demo.
This Week's Topics
- 🏋️♂️ Bootcamps. Mapping 100+ global players across the landscape
- 📊 Chart Spotlight. Bootcamp graduates earn more than college graduates in their early careers
- 📈 Higher Education Index. Higher Education Stock Index
- 🔁 Catch up on 5 Key Trends Impacting Higher Education
- 📖 2024 Education Outlook. 180+ pages of trends, insights, and data
- 💰 Education Deals of the Week. Funding, M&A and Grants
🏋️♂️ Bootcamp Market Landscape
As technology evolves rapidly and the digital skills gap widens, an estimated 92 million people will require new digital skills by 2030. Bootcamps offer a targeted solution, designed to equip individuals with essential skills for the future workforce. Bootcamps began as short, intensive, cohort-based programs typically lasting 9 to 12 weeks, aiming to prepare learners for new professions. However, the next-generation bootcamp has evolved into a multi-channel, multi-market, and multi-model platform. Traditional direct-to-consumer in-person models have expanded to online and B2B offerings, in partnership with government, universities, and businesses.
Bootcamps are now also providing curriculum and content licensing, franchise arrangements, and on-demand content, increasingly in competition with incumbent digital skills marketplace solutions. Bootcamps cater to diverse career paths, offering a wide range of courses spanning from core offerings such as coding, digital marketing, UX/UI, and product management, to data analytics and data science specialties.
Bootcamps have also gained momentum in training for cybersecurity, dev ops/system, and network management, as well as emerging fields such as tech sales and metaverse/web3, reflecting the rapid expansion into advanced technologies. Universities are also launching or partnering with bootcamp providers, allowing them to deliver to learners seeking short up-skilling or re-skilling opportunities. Looking ahead, bootcamp-inspired pathways to further education may emerge as mainstream delivery models, or gain market share as credible alternatives.
🏋️♂️ Bootcamps - Market Map
📊 Charts Spotlight - Bootcamp Graduates Earn More than College Graduates in their Early Careers
Subscribe to the HolonIQ newsletter 'Chart of the Day', a daily newsletter that helps explain the global impact economy, from climate tech to education and healthcare.
A survey of 2,504 remote developers reveals that coding bootcamp graduates earn higher starting salaries than those with bachelor’s degrees, indicating a shift in employer attitudes favoring work-ready skills over formal qualifications for early career workers.
📈 Education Capital Markets - Higher Education Index
HolonIQ tracks over 300 listed education companies and has the most comprehensive coverage of education acquisitions and investments. We powered the world's first Education Technology ETF and will soon launch a range of Stock Indices to track the daily performance of early Childhood, K12, EdTech, Tutoring and Test Prep, and Higher Education companies worldwide.
Our new Impact Capital Markets newsletter tracks over 60 impact stock indices, including education and emerging economies, and over 50 indices tracking climate technology and healthcare innovation. Subscribe to Impact Capital Markets for data-driven insights on capital powering impact.
The Higher Education index recovered from a 16% decline in 2H23 to a record a slight uptick in February 2024, with strong performances from several stocks within the group. Despite labor market challenges and economic uncertainty, academic institutions are restructuring their strategies to integrate online programs into their services, while competency-based learning and apprenticeship models are also gaining momentum.
🔁 Catch up on the 5 Key Trends Impacting Higher Education
Connect with the data, case studies and issues impacting higher education in 2024 and beyond through our recent Higher Education Webinar Series. From mapping the emerging alternate universe of credentials, the evolving partnership landscape, and the outlook for international education, to the role of higher education in delivering with and about AI, and the impact (or opportunity) of renewed focus on skills, competencies and apprenticeship models.
📖 2024 Global Education Outlook
We recently launched the 2024 Global Education Outlook, HolonIQ's annual analysis of the global education economy, presenting over 180 pages of detailed market data, investment & analysis, strategic shifts and trends in education. Download the extract or purchase the full report. You may also be interested in our Global Economic Outlook, Global Climate Tech Outlook and Global Health Tech Outlook.
💰 Education Deals of the Week
HolonIQ actively monitors and tracks funding flows in the education market, spanning across all regions and transaction categories. Subscribe to our Daily Capital Markets newsletter to catch the top deals for each day.
Funding
📇 US based Empowerly, a company specializing in college counseling and career guidance services, secured a $15 million funding round.
🤝 ZipLines Education, an OPM provider that delivers industry-focused certificate courses, raised $6.4M in Series A funding.
📁 Shamrock Capital announced an investment in Carnegie, a US-based full-service marketing and enrollment strategies provider for non-profit higher education institutions.
M&A
🧑💼 US-based OPM provider, Podium Education, has acquired Untapped, the early career talent platform, linking over 1 million undergraduate students from Podium's 60+ partner universities with early career job and internship opportunities.
Grants
🇮🇳 26 Indian universities received over $300 million in federal grants to modernize infrastructure, strengthen research, and promote inclusive education.
🇺🇸 The Council on International Educational Exchange (CIEE) has pledged $3 million in matching grants over four years to support US colleges advancing their institutional aspirations through international programs.
🇺🇸 The HBCU Executive Leadership Institute (ELI) at Clark Atlanta University secured a $1.2M grant from the Chan Zuckerberg Initiative to expand curriculum and micro-credential offerings.
Thank you for reading. Have a great week ahead!
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