Social and Emotional Learning Market: Current Analysis and Forecast (2022-2028)

The Global Social and Emotional Learning Market is expected to grow at a significant rate of around 22% during the forecast period. Social and emotional learning (SEL) describes the mindsets, skills, attitudes, and feelings that help students succeed in school, career, and life, such as a growth mindset, grit, and sense of belonging at school. Social-emotional learning is an important part of a well-rounded education. Research shows that SEL is an important lever for boosting academic achievement. Positive social-emotional skills are also correlated with improved attendance and reduced disciplinary incidents. Factors such as A faster pace of living and a shift to urban environments mean people need to engage with new ways of thinking and working and new people. Aging and more diverse populations and the dismantling of traditional social networks place additional emphasis on people's sense of trust, cooperation, and compassion driving the need for social and emotional learning.

Social and emotional learning positively influences and catering the interest of policymakers and researchers. Also, key players with a noticeable share in the market are concentrating on expanding their customer base across foreign countries. These businesses are leveraging strategic collaborative actions to improve their market percentage and enhance their profitability. For instance: In July 2021 - Emotional ABCs launched Premium Schools curriculum, including 30 individual student sign-ins per classroom. The Emotional ABCs Premium Schools SEL Curriculum allows teachers and school counselors to add up to 30 students per classroom for in-class and at-home interactive learning.

Aperture Education LLC, Committee For children, Emotional ABCs, Averi Inc., Purpose prep. Academy, Rethink Ed, Social express Inc., Everyday speech, Nearpod and Peekapak are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report

"Amongst component, service category to witness robust CAGR during the forecast period"

Based on components, the social and emotional learning market is segmented into solutions (SEL platform and SEL assessment tool), and services (consulting, deployment and integration, and training and support). Service category to witness higher CAGR during the forecast period. SEL service providers assist educational stakeholders in efficiently using SEL solutions. Services aim at training and developing expertise, providing timely upgradations for the software or platform, and helping customers integrate their software or platform with other educational solutions.

"Amongst deployment mode, cloud segment to hold a significant share in the market in 2020"

On the basis of deployment mode, the social and emotional learning market is bifurcated into cloud and on-premise. Among these, the cloud segment to hold a significant share in the market in 2020. As one SEL solution does not exist that can develop social and emotional skills rather advancing SEL will require sustained effort from a multifaceted ecosystem and to overcome the barriers that slow the development of SEL worldwide which escalated the need for cloud deployment.

"Amongst end-user, preschool segment to hold a significant share in the market in 2020"

Based on End-User, the social and emotional learning market has been classified into preschool, elementary school, middle & high school. The preschool category is to witness higher adoption of social and emotional learning during the forecast period. As pre-school presents an important opportunity to support children's social and emotional development. Also, social and emotional learning programs help to improve child health and educational outcomes.

"APAC to hold a significant share in the market"

APAC is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the rising government initiatives to promote the digital infrastructure and the growing proliferation of distance education and/or e-learning solutions. In addition, the presence of the highest number of leading manufacturers such as Panorama Education, Illuminate Education, and Committee for Children are majorly acting as catalyzing factors for the market development.

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