The Global Social and Emotional Learning (SEL) Market size is expected to reach $5.8 billion by 2027, rising at a market growth of 19.2% CAGR during the forecast period. Social and emotional learning refers to a procedure through which children and adults can develop self-control, self-awareness, and interpersonal skills that are crucial for overall development of the personality. With the help of this type of learning, people learn to manage, identify, and recognize their emotions and feel & show empathy for others. In addition, it assists in developing skills that are needed for making positive and healthy social relationships along with developing the ability to make well-informed decisions. Social & emotional learning is divided into five groups viz. self-management, self-awareness, relationship skills, social awareness, and responsible decision-making. Additionally, it is possible to seamlessly integrate this learning into a school’s culture and norms and it can also be taught comprehensively after the academic learning time.
Nowadays, education has gone beyond academics including reading comprehension, arithmetic, and grasping grade-level concepts. This change has been recognized by the education professionals, which makes them understand that children should not only develop academic understanding but also develop the skills that are required to manage their emotions that can help them to build & maintain a positive relationship with other people. Along with that, children should get the confidence to manage any social situation and for that, it is essential to inculcate social and emotional learning concepts.
The outbreak of the COVID-19 pandemic has impacted various verticals of the business domain. The imposition of numerous restrictions like lockdown helped in slowing down the spread of the virus. As a result, the physical as well as psychological health of the students has taken a toll due to the prolonged stay-at-home order. Due to this, SEL market players have witnessed a surge in demand for SEL solutions during the lockdown period. However, the closed borders across nations and disruption in the supply chain are estimated to hinder the onsite implementation of SEL solutions. Conversely, the increasing commercialization of SEL solutions and services would fuel the growth of the SEL market over the forecast period.
The pandemic has compelled companies to revive their business strategies and these companies are aiming at building robust network connectivity to retain the confidence of the customers. The growing social and emotional distance due to the pandemic, and proliferation of evaluation in the K-12 industry are projected to bolster the growth of the social and emotional learning market in the forecast period. In addition, the requirement of social & emotional well-being within educational institutions and schools and the increasing support and awareness campaigns by the government would further augment the growth & demand for SEL solutions in the global market.
With the increasing digitalization across various sectors around the world, the demand for a wide range of technologies, solutions, and software has increased. It is due to the fact that companies, organizations, and education institutions are majorly investing in the adoption of different technologies to support their processes with more efficiency and effectiveness. In particular, the education sector is becoming more advanced by integrating various technologies including SEL solutions to teach students on various topics.
The growing advancements in technologies among various sectors are fueling the adoption of smartphones, desktops, broadband connectivity, and tablets in the K-12 sector. High accessibility of low-cost smartphones and computing devices supported by government funding is surging the adoption of mobile computing in K-12 schools. By using computing technology, institutions can ensure that students learn things more quickly and efficiently.
There is a lack of proper infrastructure in the emerging and emerged nations that would hamper the growth of the education system. The basic educational infrastructure consists of drinking water, space, connectivity such as internet & power, and sanitation. However, education institutions still utilize legacy telecom infrastructure that does not have the ability to provide low latency and high-capacity connectivity.
Based on Component, the market is segmented into Solution and Services. Solutions Segment is further bifurcated across SEL Platform and SEL Assessment Tool. the services segment is estimated to exhibit a promising CAGR over the forecast period. The services segment includes the support provided by SEL providers to help educational stakeholders effectively use SEL solutions. These services are aimed at offering timely upgradations for the software or platform, training & developing expertise, and assisting clients to combine their software or platform with some other kind of educational solutions.
Based on Type, the market is segmented into Web-based and Application. The Web-based market dominated the Global Social and Emotional Learning (SEL) Market by Type 2020. The Application market is expected to witness a CAGR of 20.8% during (2021 - 2027).
Based on End User, the market is segmented into Elementary Schools, Middle & High Schools and Pre-K. The Elementary Schools market dominated the Global Social and Emotional Learning (SEL) Market by End User 2020. The Middle & High Schools market is experiencing a CAGR of 19.7% during (2021 - 2027). The Pre-K market is expected to witness a CAGR of 20.7% during the forecast period.
| Report Attribute | Details |
|---|---|
| Market size value in 2020 | USD 1.6 Billion |
| Market size forecast in 2027 | USD 5.8 Billion |
| Base Year | 2020 |
| Historical Period | 2017 to 2019 |
| Forecast Period | 2021 to 2027 |
| Revenue Growth Rate | CAGR of 19.2% from 2021 to 2027 |
| Number of Pages | 233 |
| Number of Tables | 413 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling |
| Segments covered | Component, Type, End User, Region |
| Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
| Growth Drivers |
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| Restraints |
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Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. North America dominated the social and emotional learning market by acquiring the largest revenue share in 2020. It is owing to the presence of key social and emotional learning companies like EVERFI, Committee for Children, Illuminate Education, Nearpod, and Panorama Education. This region provides the most advanced and quick services accessible in the world via its network infrastructure. In addition, the earliest adoption of cloud & mobile technologies in this region is opening new growth avenues for the SEL vendors to work on enhancing the learning experience and mental health well-being.
Free Valuable Insights: Global Social and Emotional Learning Market size to reach USD 5.8 Billion by 2027
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.
By Component
By Type
By End User
By Geography
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Growing digitalization within the education sector are driving the market in coming years, however, lack of proper infrastructure in emerging and well-established nations limited the growth of the market.
ommittee 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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