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.
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.
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.
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.
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.