Social and Emotional Learning (SEL) Market

Global Social and Emotional Learning (SEL) Market Size (2024 to 2029)

The global social and emotional learning (SEL) market is predicted to reach USD 3.36 billion in 2024 and USD 10.26 billion by 2029 growing at a CAGR of 25% during the forecast period.

Social and emotional learning means controlling the feelings between children and adults with the goal of gaining successful outcomes and maintaining healthy partnerships. Governments spend much money on social and emotional development to increase education in all countries and states. The social and emotional market focuses on elementary schools for the development of students with all skills, including emotions, academic aim, empathy, sympathy, and relation bonding. Several researchers have found that those activities are really useful to students in their academics, profession, and social life. Furthermore, companies try to boost the social and emotional markets and collaborate with academic and social life.

Current Scenario of the Global Social and Emotional Learning (SEL) Market

The implementation of SEL resolutions at elementary schools had a positive impact on student’s development. The main motive of the social and emotional learning programs is to develop students’ lives; after that, they will prepare for their careers and have self-employment and professional lives. The SEL programs teach everyone to handle challenges and control their emotions based on the situation. The social and emotional market growth is greater than in the last five years. In COVID-19, condition teams are arranging webinars, seminars, and training programs to control the social and emotional factors. In many organizations, decision-making is the key to their successful growth, though SEL training provides decision-making skills for their personal growth.

MARKET DRIVERS

The social and emotional learning market is anticipated growth in the coming years due to the increasing awareness about the importance and applications of social and emotional learning.

Also, students and teachers have more awareness, so the market is continuously growing. SEL programs combine with government agencies for their growth. Investments from several non-profit organizations and a surge in digital transformation in k-12 schools are among the critical drivers of the global social and emotional learning market. The elementary key segment is the major driver in the market. Conducting webinars, seminars, and conferences through online platforms will enhance the social and emotional learning market's size. Artificial intelligence will play an important role in this market in the upcoming year.

MARKET RESTRAINTS

Reductions in the budget would hamper the demand for social and emotional learning software in all countries. Economic budget problems would also hamper market growth.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Social and Emotional Learning (SEL) Market Analysis By Component

The social and emotional learning market has been segmented by component into solutions and services, and the solution segment is expected to reach a higher CAGR in 2019. This component helps educators measure the influence of SEL programs on students and make decisions.

Global Social and Emotional Learning (SEL) Analysis Market By Type

Social and Emotional Learning Market has been segmented by type into web and applications. Recently, classrooms, Zoom, and Google Meet have become increasingly used.

Global Social and Emotional Learning (SEL) Analysis Market End User

The social and Emotional Learning Market has been segmented by end-users into Elementary, Middle & High schools and Pre-k. Elementary schools are increasing globally, which will rule the future social and emotional learning market.

The social and Emotional Learning Market is growing potentially everywhere in this COVID-19 pandemic situation, and consumers are foreseen to benefit from this growth.

REGIONAL ANALYSIS

The global social and emotional learning market is separated into different regions: North America, Asia Pacific, Latin America, Europe, Middle East & Africa, and the Rest of the world. In the North American region, the US presented the largest uses of SEL solutions in terms of market revenue. The US has produced the highest SEL solutions. In the US government, agencies play a crucial role in the growth of the social and emotional learning market. Also, the US has built five parameters: social awareness, self-awareness, relationship skills, self-decision, and self-dependence. Canada has the adoption of social and emotional learning technologies in the past decades. The social and emotional learning market is expected to explore at the maximum growth rate in Asia Pacific areas like India, China, Japan, and Australia.

KEY PLAYERS IN THE GLOBAL SOCIAL AND EMOTIONAL LEARNING (SEL) MARKET

• Everfi
• Social express
• Rethink Ed
• Emotional ABCs
• Taproot Learning
• Evolution labs
• Hoonuit
• Panorama Education
• Oneder Academy
• Hero-K-12
• Scholarcentric

RECENT HAPPENINGS IN THE GLOBAL SOCIAL AND EMOTIONAL LEARNING (SEL) MARKET

• In 2019, the Dalai Lama Trust and Vana Foundation in India initiated Emory University to offer knowledge of social, emotional, and ethical learning. This knowledge is useful in K-12 and professional education.

• Everfi launched new development skills for students with the support of the SEAL Foundation and Goldman Sachs. The technology is used in public and government schools.

• Weld North Education acquired Glynlyon to expand and transform education on digital platforms such as Word-Class Digital Curriculum, which is useful to more than 11 thousand students in the institutions and consumers Market. The Company wants to set its business with the administration of digital curriculum in parents, students, and teachers' minds.

• Digital learning increases daily, which is why Nearpod launched a Digital classroom for teachers and students. Teachers add their study material in the form of training, which is easy for students to use. Also, some important videos, multimedia, and lessons are allowed. It is easier for teachers to attach the lessons.

• Peekapak is a reader related to literacy, reading, writing, and health. One series explores 10-20 social and emotional themes, making it very flexible and easy to access for consumers. Peekapak and Nelson's partnership aims to deliver social and emotional education to the individual. Also, they won't expand their business in Canada, so Canadian students learn some skills like self-dependence and empathy.

DETAILED SEGMENTATION OF THE GLOBAL SOCIAL AND EMOTIONAL LEARNING (SEL) MARKET INCLUDED IN THIS REPORT

This research report on the global social and emotional learning (SEL) market has been segmented and sub-segmented based on the component, type, end user, and region. 

By Type                               

• Services    
• Solutions  

By Components                               

• Web           
• Application              

 By End-User                      

• Elementary Schools             
• Pre-Kindergarten 
• Middle and High School     

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East and Africa