Social and Emotional Learning Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Social and Emotional Learning Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Social and Emotional Learning Market

The social and emotional learning market size was valued at USD 0.92 billion in 2021, and the market is now projected to grow from USD 1.13 billion in 2022 to USD 5.21 billion by 2029, exhibiting a CAGR of 24.5% during the forecast period of 2022-2029.

Pandemic impacted the global education system, with over 1.5 billion college students affected in 2020. Post-pandemic, many institutes have resumed school room schooling, however many are nevertheless in recovery status. 90% of college students have proven stunted behavioral and socioemotional development. Governments have applied policies to promote high-quality behavior and educational gaining knowledge of, including the American Rescue Plan's Elementary and Secondary School Emergency Relief program and the Indian state government's Happiness Curriculum. These new techniques are predicted to enhance market increase.

Distance learning is gaining reputation worldwide due to its benefits, with enrollments increasing through 32% in 2021, according to Coursera records. However, this speedy adoption may additionally negatively impact college students' intellectual health, as research display many college students record mental damage from online learning courses, which includes skill deficits, low self-esteem, and social awkwardness. In December 2020, Panorama Education and Better Kids partnered to provide schools with interactive video games and social and emotional mastering (SEL) competencies via each distance learning and in-person training environments. This collaboration aims to balance and help children, promoting the growth of the remote SEL marketplace.

Virtual reality is swiftly gaining popularity in diverse industries, including training. It provides an interactive environment for college kids and complements learning equipment, improving capabilities and engaging sports. VR-based tools offer secure surroundings for college students to recognize the external world, construct courting competencies, and improve social recognition. In August 2020, Maitland Grossmann High School within the U.S. Conducted studies on Virtual SEL courses to decorate distance gaining knowledge of possibilities. This growing adoption of VR in schooling is boosting the social and emotional learning market growth, because it gives an immersive and engaging enjoy for college students.

Comprehensive Analysis of Social and Emotional Learning Market

The study predicts a significant growth in the web-based and application segments for social and emotional learning solutions. The web-based segment is expected to gain the most share due to its flexible access and easy maintenance. The application segment is expected to experience rapid growth due to its easy installation and availability of advanced tools. The demand for these tools has increased post-pandemic to manage and enhance children's skills. Educational institutions are expected to dominate the segment due to government focus on enhancing children's skills through school syllabuses. Peekapak Inc. collaborated with NELSON in September 2019 to support Canadian schools with social and emotional learning skills. Parents are expected to grow at the highest CAGR due to growing remote learning and distance learning, as well as increased awareness of mental therapy among therapists and psychologists.

The North America region lead the social and emotional learning market share by benefitting a market size of USD 0.29 billion in 2021 due to developing consciousness of social and emotional skills. The U.S. Department of Education highlights the significance of strategies assisting baby and student social, emotional, behavioral, and mental fitness needs in 2021.

Key players in the Social and Emotional Learning market are collaborating with parents, teachers, and institutions to expand their use case applications of their solutions. These companies are strategically incorporating tools into remote and online learning courses to support advanced behaviour management in institutions. Key companies profiled in this market include Emotional ABCs, Blackbaud, Committee for Children, Social Express, Panorama Education, Pekkapak, Illuminate Education, BASE Education, and Nearpod Inc.

A social good providing cloud company, Blackbaud, acquired EVERFI Inc. to expand and cater to businesses committed in social services

Segmentation Table

ATTRIBUTE

DETAILS

Study Period

2018-2029

Base Year

2021

Estimated Year

2022

Forecast Period

2022-2029

Historical Period

2018-2020

Unit

Value (USD billion)

Segmentation

By Type, End-user, and Region

By Type

Web-based

Application

By End-user

Parents

Educational Institutes

Therapists & Psychologist

By Region

North America (By Type, By End-user, and Country)

• U.S. (By End-user)
• Canada (By End-user)
• Mexico (By End-user)

South America (By Type, By End-user, and Country)

• Brazil (By End-user)
• Argentina (By End-user)
• Rest of South America

Europe (By Type, By End-user, and Country)

• U.K. (By End-user)
• Germany (By End-user)
• France (By End-user)
• Italy (By End-user)
• Spain (By End-user)
• Russia (By End-user)
• Benelux (By End-user)
• Nordics (By End-user)
• Rest of Europe

Middle East & Africa (By Type, By End-user, and Country)

• Turkey (By End-user)
• Israel (By End-user)
• GCC (By End-user)
• South Africa (By End-user)
• North Africa (By End-user)
• Rest of the Middle East & Africa

Asia Pacific (By Type, By End-user, and Country)

• China (By End-user)
• India (By End-user)
• Japan (By End-user)
• South Korea (By End-user)
• ASEAN (By End-user)
• Oceania (By End-user)
• Rest of Asia Pacific

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