NAICS 611420 Quarterly Industry Report
Computer Training
Comprehensive industry research for valuation professionals, business owners, buyers, and lenders
NAICS Code: 611420Sector: Educational Services (61)Updated: Q1 2026
About This Report
This industry profile for Computer Training (NAICS 611420) draws on data from the U.S. Census Bureau[7], Bureau of Labor Statistics[8], ACCSC accreditation data[9], and SBA size standards database[6]. Published by Fair Market Value and updated quarterly, it provides valuation professionals, education analysts, and technology workforce planners with current market data. The editorial analysis reflects the independent assessment of FairMarketValue.com's research team, with all quantitative claims sourced to publicly verifiable databases.
Industry Snapshot
Key metrics for the computer training industry.
Industry Definition & Overview
Computer Training (NAICS 611420) encompasses establishments primarily engaged in conducting computer training, excluding degree-granting schools per the U.S. Census Bureau[5]. Training may include programming, software development, computer networking, and information technology certification preparation. Instruction is delivered through in-person classroom settings, online bootcamp formats, hybrid models, and self-paced digital platforms serving both individual learners and corporate clients.
The 2020 Census counted 1,446 businesses operating from 1,583 locations, with roughly 1,317 currently verified as active per industry tracking data. Employment across the subsector stands at approximately 15,130 workers. The coding bootcamp market alone reached $490 million in 2024 and is projected to exceed $984 million by 2032, growing at a 10.7 percent compound annual rate. Online bootcamps captured 62.9 percent of market share in 2025, reflecting a permanent shift toward remote and hybrid delivery models.
Per the SBA Table of Size Standards[6], the size standard is $16 million in average annual receipts. General Assembly, Springboard, and NuCamp rank among the largest operators, with top programs reporting 85 to 90 percent job placement rates for full-time graduates. Market consolidation has accelerated, with Thinkful restructuring in 2024 to focus on enterprise training and sunsetting its individual bootcamp programs. Growing employer demand for cybersecurity, cloud computing, artificial intelligence, and data science certifications has driven specialization across the sector, moving curriculum away from general programming toward targeted technical skills.
What's Included in This Industry
- Programming and software development bootcamp instruction
- Information technology certification preparation courses
- Cybersecurity training and professional certification programs
- Cloud computing and infrastructure management training
- Data science and machine learning skills programs
- Web development and full-stack engineering bootcamps
- Corporate IT training and enterprise skill development
- Online and hybrid distance education course delivery
- Career placement support and employer partnership programs
- Continuing education for IT professionals and technology workers
NAICS Classification Hierarchy
| Level | Description | Code |
|---|---|---|
| Sector | Educational Services | 61 |
| Subsector | Educational Services | 611 |
| Industry Group | Business Schools and Computer and Management Training | 6114 |
| NAICS Industry | Computer Training | 61142 |
| National Industry | Computer Training | 611420 |
Related NAICS Codes
| Code | Description | Relationship |
|---|---|---|
| 611410 | Business and Secretarial Schools | Business and Secretarial Schools share certificate-based training delivery but focus on office administration and business software rather than programming, networking, and advanced IT certification curricula |
| 611210 | Junior Colleges | Junior Colleges offer competing IT certificate and associate degree programs with broader academic accreditation, drawing students who value transferable academic credentials alongside technical skill development |
| 611519 | Other Technical and Trade Schools | Other Technical and Trade Schools provide vocational training in technical fields that may include basic computer skills components, competing for career-focused students seeking rapid workforce entry |
| 541511 | Custom Computer Programming Services | Custom Computer Programming Services employ graduates of computer training programs and drive demand for specific programming languages and framework certifications taught by bootcamp and training providers |
| 541512 | Computer Systems Design Services | Computer Systems Design Services hire IT certification holders trained by computer training providers, with employer demand for cloud, cybersecurity, and networking skills shaping training curriculum priorities |
| 611430 | Professional and Management Development Training | Professional and Management Development Training offers executive-level technology leadership courses that complement technical training, with some overlap in corporate IT management skill development programs |
Geographic Concentration
Top states by share of national establishments.
| # | State | % Est. | Total Est. |
|---|---|---|---|
| 1 | California | 13.5% | 219 |
| 2 | Texas | 9.8% | 160 |
| 3 | Florida | 8.6% | 139 |
| 4 | New York | 5.9% | 96 |
| 5 | Virginia | 5.4% | 88 |
| 6 | Georgia | 4.5% | 74 |
| 7 | Colorado | 3.9% | 64 |
| 8 | Illinois | 3.9% | 64 |
| 9 | New Jersey | 3.4% | 55 |
| 10 | North Carolina | 3.1% | 50 |
% Of Establishments
0%
13%
Source: County Business Patterns, U.S. Census Bureau[3]
SBA Lending Summary
152
Total SBA Loans
$45.0M
Total Loan Volume
$296K
Average Loan Size
10 yrs
Average Loan Term
11.17%
Average Interest Rate
1,256
Jobs Supported
Source: SBA 7(a) Program Data, U.S. Small Business Administration — FY 2025[4]
Key Insight: Per the SBA Table of Size Standards[6], Computer Training (NAICS 611420) has a size standard of $16 million in average annual receipts for federal contracting purposes. SBA lending programs[10] support facility buildout, technology platform development, and curriculum expansion for qualifying computer training operators. Eligible businesses can access SBA 7(a) loans[11] for working capital, equipment, and acquisition financing, while 504 loans[12] support major fixed-asset purchases including real estate and heavy machinery.
Top SBA Lenders
| # | Lender | Loans | Volume | Avg Loan |
|---|---|---|---|---|
| 1 | Newtek Bank, National Association | 48 | $25.6M | $533K |
| 2 | The Huntington National Bank | 40 | $7.5M | $187K |
| 3 | VelocitySBA, LLC | 8 | $6.3M | $792K |
| 4 | Northeast Bank | 16 | $2.6M | $160K |
| 5 | First Bank of the Lake | 8 | $1.2M | $150K |
Frequently Asked Questions
Common questions about this industry.
What is the NAICS code for computer training and coding bootcamps?
NAICS 611420 covers non-degree computer training establishments including coding bootcamps, IT certification prep schools, and corporate technology training providers per the U.S. Census Bureau[5].
How many computer training businesses operate in the U.S.?
The 2020 Census counted 1,446 businesses operating from 1,583 locations, with roughly 1,317 currently verified as active per industry tracking data.
What is the SBA size standard for computer training?
The SBA size standard[6] is $16 million in average annual receipts, determining eligibility for federal small business contracting programs and SBA lending products.
How large is the coding bootcamp market?
The coding bootcamp market reached $490 million in 2024 and is projected to exceed $984 million by 2032 at a 10.7 percent compound annual growth rate per market research data.
What are the job placement rates for coding bootcamps?
Top programs report 85 to 90 percent placement rates for full-time job-seeking graduates within six months of completion per Bureau of Labor Statistics[13] occupational tracking, though outcomes vary widely by program, specialization, and geographic market.
How has online delivery changed computer training?
Online bootcamps captured 62.9 percent of market share in 2025, reflecting a permanent shift toward remote and hybrid models that became standard after the pandemic accelerated digital delivery adoption across the training sector.
What technical specializations are growing fastest?
Cybersecurity, cloud computing, artificial intelligence, and data science certifications are driving the strongest enrollment growth per Bureau of Labor Statistics[8] occupational projections, as employers prioritize targeted technical skills over general programming instruction.
Who are the major computer training providers?
General Assembly, Springboard, and NuCamp rank among the largest bootcamp operators, while market consolidation accelerated in 2024 when Thinkful restructured to focus on enterprise training and discontinued its individual programs.
Sources & References
Government datasets and editorial sources used in this report.
- [1]U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages bls.gov
- [2]U.S. Census Bureau, Economic Census census.gov
- [3]U.S. Census Bureau, County Business Patterns census.gov
- [4]U.S. Small Business Administration, SBA 7(a) Loan Program Data data.sba.gov
- [5]U.S. Census Bureau census.gov
- [6]SBA Table of Size Standards sba.gov
- [7]U.S. Census Bureau data.census.gov
- [8]Bureau of Labor Statistics bls.gov
- [9]ACCSC accreditation data accsc.org
- [10]SBA lending programs sba.gov
- [11]SBA 7(a) loans sba.gov
- [12]504 loans sba.gov
- [13]Bureau of Labor Statistics bls.gov
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