The global Social
and Emotional Learning Market size is projected to grow from USD 2.7 billion in 2022 to
USD 7.8 billion by 2027, at a compound annual growth rate (CAGR) of 24.0%
during the forecast period according to report published by MarketsandMarkets.
SEL platforms, programs, and assessment
tools make up SEL solutions. Education professionals (schools/districts,
teachers, parents, and communities) employ SEL platforms to support kids in
developing their emotions, traits, empathy, connections, goals, responsibilities,
and decision-making skills. Lessons, movies, and interactive modules in the
form of audio, videos, games, and stories are available on these platforms.
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Solutions
segment to account for largest market share during the forecast period
Only a few SEL providers make their SEL programs printable.
The emotional and social development of pupils has long been a priority for
educators in their experiential learning activities. As a result, educators all
around the world are aggressively deploying SEL platforms. The operations are
suspended for several stakeholders, including schools, districts, and NGOs. The
usage of platforms has increased more rapidly in recent years. Because
platforms may integrate new solutions over existing ones, their use has risen
more quickly in recent years. These, however, cost a little more than
standalone software. Spending on non-essentials has decreased as a result of
the COVID-19 epidemic, and money has been saved in case of another financial
crisis. Consequently, this has had an impact on SEL market expenditure as well.
SEL
platforms is estimated to record largest market share during forecast period
The SEL
platform, accessible in both online and offline formats, gives students the
power to learn about social and emotional skills and a foundation on which to
build their personal and professional journeys. The key competencies, according
to CASEL’s frameworks, are self-awareness, self-management, social awareness,
relational skills, and responsibly making decisions. Pre-K and kindergarten,
elementary schools, middle schools, and high schools can all use the SEL
platform. Worldwide, social groups and health organizations use it as well. The
platform addresses abilities including friendship, self-esteem, behaviors,
emotional recognition, hygiene, and play skills, in addition to conversation
topics, self-regulation, school rules, problem-solving, basic and advanced
conversational skills, situational awareness, and nonverbal communication.
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North
America to record highest market share in social and emotional learning market
In this study, North America is comprised of the US and
Canada. It is one of the world’s most technologically advanced areas. The area
has a well-connected sophisticated infrastructure, enabling SEL businesses to
provide their customers with high-quality services. Through its network
architecture, it provides the world’s most cutting-edge and quick services. The
early deployment of cloud and mobile technology in North America has also been
a significant factor in accepting SEL solutions to increase worker
effectiveness and productivity. The biggest market vendors, including Committee
for Children, EVERFI, Nearpod, Illuminate Education, and Panorama Education,
are present. They are a major growth driver for the North American social and
emotional learning industries. Schools and institutions around the region were
forced to close and conduct classes remotely due to the COVID-19 pandemic. Many
students suffer from mental health problems such as grief, worry, and sadness
as a result of this. As these unpleasant feelings build up, it becomes harder
to think clearly, make wise choices, act socially and productively, and use
your mental resources. However, in order to address these problems, the federal
and state governments are putting into place laws that are crucial in fostering
the development of SEL programs across states and districts.
Top Key Players:
Key and
innovative vendors in the social and emotional learning market are Committee
for Children (US), EVERFI (US), Nearpod (US), Illuminate Education (US),
Panorama Education (US), SchoolMint (US), Newsela (US), Playworks (US), Wings
for Kids (US), Rethink Ed (US), Move This World (US), Positive Action (US),
Growing Leaders (US), 7 Mindsets (US), Ori Learning (US), The Conover Company
(US), Imagine Learning (US), Navigate360 (US), Peekapak (Canada), Paths Program
LLC (US), Brighten Learning (US), Aperture Education (US), Taproot Learning
(US), MeandMine (US), Base Education (US), Everyday Speech (US), Mozoom
(Canada), Wayfinder (Canada), HeyKiddo (US), Classcraft (Canada), Tamboro
(Brazil), and Persona Education (UK).
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