According to the latest report by IMARC Group, titled, “Social and Emotional Learning Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global social and emotional learning market size reached US$ 2.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.4 Billion by 2028, exhibiting a growth rate (CAGR) of 22.83% during 2023-2028.
Social and emotional learning (SEL) represents the process of promoting holistic child development via various innovative teaching methods. It is commonly deployed in elementary, middle, pre-kindergarten, and high school classrooms through several digital solutions and services. SEL involves inculcating persistence, empathy, self-regulation, self-awareness, and mindfulness. These solutions are utilized in schools and colleges to equip the students to pay attention, encourage on-time graduation and college enrollment, regulate their emotions, and enhance financial earnings as adults. In addition, SEL also aids in improving the overall academic performance, scores, and grades and supporting the cognitive, social, and mental well-being of the students.
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Social and Emotional Learning Market Trends and Drivers:
The expanding education industry across the globe and the escalating demand for these solutions across academic institutions in both developed and emerging economies and across areas with weak internet connectivity are among the primary factors driving the social and emotional learning market. Besides this, the elevating requirement for this process, as it acts as a highly beneficial resource for educators to develop academic and non-cognitive skills in children, is further augmenting the market growth. Moreover, the integration of artificial intelligence (AI), virtual reality (VR), and cloud computing with SEL solutions is also catalyzing the global market. Apart from this, the growing popularity of online and virtual platforms that are accessible through servers and virtual private network (VPN) tools is acting as another significant growth-inducing factor. Furthermore, the extensive utilization of computing technologies in the kindergarten to 12th grade (K-12) sector and the emerging trend of mobile learning solutions by students and school authorities to enable faster and more efficient learning, owing to the widespread availability of economical smartphones, tablets, and laptops, are anticipated to propel the social and emotional learning market over the forecasted period.
Social and Emotional Learning Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- Aperture Education LLC
- BASE Education
- Committee for Children
- Emotional ABCs
- EVERFI Inc. (Vector Solutions)
- Everyday Speech
- Evolution Labs (Navigate360)
- Kickboard Inc.
- Nearpod
- Panorama Education
- Peekapak
- Purpose Prep Inc.
- Rethink Ed
- The Social Express Inc.
The report has segmented the market based on component, type and end user.
Breakup by Component:
- Solution
- Services
Breakup by Type:
- Web-based
- Application
Breakup by End User:
- Pre-K
- Elementary School
- Middle and High School
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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