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Social and Emotional Learning Market (Component - Solutions, and Services; End User - Pre-K, Elementary Schools, and Middle and High Schools): Global Industry Analysis, Trends, Size, Share and Forecasts to 2027

  • Published : April, 2022

  • Rep Id : ICT003107

  • Category : Electronics, ICT and Semiconductors

  • Status : Published

A recent report published by Infinium Global Research on the social and emotional learning market provides in-depth analysis of segments and sub-segments in the global as well as regional social and emotional learning market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional social and emotional learning market over the short term as well as long term. The report is a comprehensive presentation of trends, f and dollar values of the global social and emotional learning market. According to the report, the global social and emotional learning market is projected to grow at a CAGR of 22.82% over the forecast period of 2021-2027.

 

Market Insight

The global social and emotional learning market was sized near USD 2068 million in 2021. The global social and emotional learning market is projected to grow with a CAGR of 22.82% during 2021-2027.The process of promoting holistic child development through various innovative teaching methods is known as social and emotional learning (SEL). Social and emotional learning process is generally deployed in pre-kindergarten, elementary, middle and high school classrooms through various digital solutions and services. Inculcating self-regulation, persistence, empathy, self-awareness and mindfulness are some of the characteristics of social and emotional learning process. Furthermore, social and emotional learning process are used in schools for the students in regulating their emotions, paying attention, encouraging on-time graduation and college enrollment and enhancing financial earnings as adults. Moreover, this process also helps in enhancing the overall academic performance, scores, and grades of the students. Additionally, cognitive, social and mental well-being of the students is also supported by SEL.

 

The primary factors which are driving the growth of Social and Emotional Learning Market are growing digitalization within the education sector, increasing penetration of computing in the K-12 sector, increasing need for social and emotional well-being in educational institutions, among others. Furthermore, significant growth in the education industry across the globe, various technological advancements, such as the integration of artificial intelligence (AI), virtual reality (VR) and cloud-computing solutions with SEL platforms, and increasing use of smartphones, tablets, and laptops by students are some other factors which are propelling market’s growth over forecast period. However, the market is expected to be hampered by factors like absence of appropriate infrastructure in developing and underdeveloped economies, and focus on academic learning more than social and emotional learning. Nevertheless, emergence of AI, AR, and VR learning trends in the K-12 sector and significant improvements in the educational infrastructure, especially in the developing economies, are expected to provide lucrative opportunities to the market.

 

North America dominated the social and emotional learning market by acquiring the largest revenue share owing to the presence of key social and emotional learning companies like EVERFI, Committee for Children, Illuminate Education, Nearpod, and Panorama Education. Furthermore, most advanced and quick services accessible in the world is provided in North American region via its network infrastructure. In addition, there are new growth opportunities available in the region for the SEL vendors to work on enhancing the learning experience and mental health well-being, due to the earliest adoption of cloud & mobile technologies in the region. However, Social and Emotional Learning Market is estimated to have strong growth in Asia Pacific owing to the Government initiatives to promote the digital infrastructure and highest student population in the region.

 

Segment Covered

The report on global social and emotional learning market covers segments such as component, and end user. On the basis of component, the sub-markets include solutions, and services. On the basis of end user, the sub-markets include Pre-K, elementary schools, and middle and high schools.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Committee for Children, EVERFI, Nearpod, Illuminate Education, Panorama Education, Hero K12, Playworks, Newsela, Wings for Kids, and Rethink Ed.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the social and emotional learning market. Moreover, the study highlights current market trends and provides forecast from 2021-2027. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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