Programming language is a kind of formal language that has a
specified set of instructions which is used to produce different
output. Programming language generally includes instruction for the
computer in order to implement some specific algorithms. Rise in the
adoption of cloud computing technologies is one of the primary
driving factors of growth for the programming language market. Cloud
computing technology is gaining traction over the years owing to the
ease of corporate training, which in turn is likely to deliver
training to the learning crowd. Wider implementation of Learning
Management Systems (LMS) has enabled employees and students to access
the learning material as per their interest and convenience. Blending
learning models along with online learning have spurred the growth in
usage of cloud computing technologies. Rise in open source online
educational resources may hamper the growth of the programming
language market over the forecast period. Rise in preference for
automation in work processes has led to the growth of the programming
language market over the last few years. Escalation in the trend of
online learning is expected to fuel the growth in demand for
programming language over the forecast period. With the advent of new
technologies such as artificial intelligence and machine learning
tools, there has been an upsurge in the demand for programming
language. A shift from hardware to software enabled technology is
expected to fuel the growth of the programming language market over
the forecast period. Unprecedented growth of data across various
end-user industries is expected to spur the demand for programming
language over the forecast period.
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The programming language market has been bifurcated by product and
end-user. By product, the market has been segmented into boot camp,
online, and classroom. The classroom segment held the dominant share
as it allows students to communicate on a personal basis with the
instructor and learn advanced level programming such as R, SAS, and
Python. By end-user, the programming language market has been
segmented into academic and corporate. Corporate held the dominant
share of the programming language market in 2016 and is likely to
retain its position over the forecast period. The corporate sector
involves training in-house as well as in training institutions. It
facilitates a learning experience involving both online and offline
activities for employees. There has been considerable investment for
the development of data analytics in order to derive business
insights from unstructured data.
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