The North America Social and Emotional Learning (SEL) Market would witness market growth of 17.7% CAGR during the forecast period (2021-2027).
Social-emotional learning plays an important role in the overall development of a child as there are several studies that show that social-emotional learning can help a child in academics. Other than that, according to the Perry Preschool program, the importance of noncognitive skills has resulted in the enhancement of behavior and academic motivation among children that can further help in reducing the long-term effects on employment and crime. In addition, lack of social and emotional learning has given rise to different sorts of public health problems.
The cost of deployment of SEL solutions and making teams that can manage SEL programs at educational institutions and schools is higher in comparison to the amount spent on education in the developing economies. Hiring staff for SEL can incur a huge cost to the schools functioning in emerging nations, hence hampering the growth & demand for social and emotional solutions in the market.
The increasing awareness among the educational institutions to include SEL to the academic curriculum in the education sector is estimated to spur the growth of the regional social and emotional learning market in the coming years. The Canadian government has introduced in-school or after-school programs, which would strengthen the growth of the SEL market in this region. In addition, several programs are implemented in the education sector across North America, which is supporting the growth of the regional market in the coming years.
Additionally, the Mental Health Commission of Canada (MHCC) has recognized SEL as an important part of the education curriculum, which would augment the growth of the regional SEL market. There are many provinces across Canada and other nations of North America, which are implementing social and emotional learning solutions and programs in their education sector and thus, fueling the growth of the regional social and emotional learning market over the forecast period. Governments across this region are increasingly investing in the implementation of SEL competencies. These factors would further augment the demand for various SEL solutions and software in this region.
The US market dominated the North America Social and Emotional Learning (SEL) Services Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $552.5 million by 2027. The Canada market is experiencing a CAGR of 22.8% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 21.8% during (2021 - 2027).
Based on Component, the market is segmented into Solution and Services. Solutions Segment is further bifurcated across SEL Platform and SEL Assessment Tool. Based on Type, the market is segmented into Web-based and Application. Based on End User, the market is segmented into Elementary Schools, Middle & High Schools and Pre-K. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Based on Fuel Type, the market is segmented into Diesel and Gasoline. Based on Application, the market is segmented into Light Commercial Vehicle, Heavy Commercial Vehicle, Ships & Aircrafts, Agriculture & Construction, and Locomotives. Based on Material, the market is segmented into Aluminium and Cast Iron. Based on Technology, the market is segmented into Twin-turbo Technology, Wastegate Technology and Variable Geometry Technology (VGT). Based on End User, the market is segmented into Original Equipment Manufacturer (OEMs) and Aftermarket. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Based on Surface Type, the market is segmented into 2D and3D. Based on Deployment Type, the market is segmented into Computer based and Camera based. Based on Component, the market is segmented into Cameras, Lighting Equipment, Processors, Software, Frame Grabbers & Optics, and Others. Based on End User, the market is segmented into Semiconductor & Electronics, Food & Beverages, Healthcare, Automotive, Paper & Wood, Glass & Metal, Plastic & Rubber, and Others. Based on Surface Type, the market is segmented into 2D and3D. Based on Deployment Type, the market is segmented into Computer based and Camera based. Based on Component, the market is segmented into Cameras, Lighting Equipment, Processors, Software, Frame Grabbers & Optics, and Others. Based on End User, the market is segmented into Semiconductor & Electronics, Food & Beverages, Healthcare, Automotive, Paper & Wood, Glass & Metal, Plastic & Rubber, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Social and Emotional Learning Market is Estimated to Reach USD 5.8 Billion by 2027 at a CAGR of 19.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Committee for Children, Playworks, Panorama Education, Illuminate Education, Inc. (Insight Venture Partners), Weld North Education LLC, The Language Express, Inc. (The Social Express, Inc.), Aperture Education, 7 Mindsets, Peekapak, and Wings for Kids.
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