Social and Emotional Learning Market to Reach USD 4 Billion by 2025; Rising Number of COVID-19 Cases Worldwide to Bolster Growth
The increasing digitization in schools is fueling the market growth. Also, the growing spending on social and emotional learning by policymakers and educators is driving the global social and emotional learning (SEL) market growth.
Dallas, United States – April 27, 2021 /MarketersMedia/ —
The global social and emotional learning (SEL) market size is anticipated to reach nearly USD 4 billion by 2025. In addition, it is expected to exhibit a CAGR of over 25% during the forecast period 2020-2025. Social and Emotional Learning (SEL) is a development process that enables the management of emotions in adults and children. Social and emotional learning (SEL) is an establishment of positive and safe learning that enhances learners’/students’ capability of success in school, occupations, and their overall life.
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Social and emotional learning comprises several components that are, responsible decision-making, self-awareness, social awareness, self-management, and relationship skills. All these components can be employed across schools and classrooms through Social and Emotional Learning (SEL) tools and platforms. Also, the growing adoption of computing and various digital technologies in the educational industry is anticipated to provide a major growth opportunity for the market.
Social and Emotional Learning is a process with the help of which the children and adults develop self-awareness, interpersonal and self-control skills which are of very much importance to be successful at school, life and work. With the help of this learning type people recognize and manage emotions and also learn to show and feel empathy for other people.
Social and Emotional Learning provides a great help in creating the skills that are needed in developing healthy and positive social relationships also in making important and responsible decisions. The learning process is basically divided in five categories including responsible decision-making, relationship skills, social awareness, self-management and self-awareness. Social and Emotional Learning can be easily integrated in a school’s culture and norms or can even be taught separately outside the academic learning time in a detailed manner.
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SEL can also be defined as a prominent process adopted to lead the adults and children to deal with all types of emotions, establish positive relationships, set and achieve positive goals, etc. It has been observed that people with strong social-emotional skills are adequately equipped to make versed decisions, develop positive relationships and handle daily challenges. The Social and Emotional learning industry has been experiencing a major spike in its growth rate over the recent years. The growth of the SEL is attributed by numerous growth propelling aspects. The SEL is widely being adopted in several schools and institutes across the globe due to the number of beneficial features it provides like brings more positive attitudes, enhances scores and test grades and reduces the emotional stress which is considered being a primary aspect responsible for an upsurge in the global industry.
The rising awareness related to mental health among people is another major aspect driving the growth for the Global Social and Emotional Learning Market across the globe. Furthermore, the rapid increase in the investments for the SEL-related programs by the K-12 public schools, rising deployment of computing in K-12 sector and rise in the spending by the administrators and policymakers on the social and emotional learning is anticipated to provide momentum to the growth of the SEL market on global level. Several governments are taking initiatives to promote the adoption of SEL in schools is anticipated to create lucrative opportunities for growth in future years. In addition to that, rising digitalization in schools and introduction of the latest technologies in the field are also acting like a catalyst for the growth of the market. However, requirement of a high budget and lack of knowledge related to the learning system might restrain the industry growth.
The North America region is anticipated to gather the highest market share during the forecast period. The dominance of this region is mainly accredited to the inclusion of social skills in schools and numerous supportive government policies in this region. Also, the existence of major industry players is also one of the major reasons driving the market growth in this region. However, the Asia-Pacific region is expected to hold the highest growth rate throughout the forecast period 2020-2025.
The major players of the global social and emotional learning (SEL) market are Nearpod, Peekapak, Purpose Prep, Panorama Education, Social Express, Rethink ED, Everyday Speech, EVERFI, SEL Adventures, and BASE Education. Moreover, the other potential players in the social and emotional learning (SEL) market are Hoonuit, Hero K12, Emotional ABCs, 7 Mindsets, and Taproot Learning. The recognized companies are coming up with innovative and new social and emotional learning (SEL) solutions. For instance, in April 2019, Nearpod announced the launch of the Social and Emotional Learning (SEL) supplemental curriculum. The company partnered with Common Sense Education to develop this solution. The solution enables students’ SEL competencies and enhances character education.
Segment Overview of Global Social and Emotional Learning (SEL) market
Type Overview, 2018-2025 (USD Billion)
Application
Web
Solutions Overview, 2018-2025 (USD Billion)
Social and Emotional Assessment Tools
Social and Emotional Learning Platform
End Users Overview, 2018-2025 (USD Billion)
Pre-K
Elementary Schools
Middle & High Schools
Regional Overview, 2018-2025 (USD Billion)
North America
U.S.
Canada
Europe
UK
Germany
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia-Pacific
Middle East and Africa
UAE
South Africa
Rest of Middle East and Africa
South America
Brazil
Rest of South America
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