Overview and Scope
Social and emotional learning refers to the crucial framework by which individuals of all ages develop the abilities to strive toward their particular objectives, understand and control their emotions, foster meaningful relationships, make wise decisions, and experience and demonstrate empathy. Social and emotional learning provides a solid basis for students to discover themselves and others in a supportive educational setting.
Sizing and Forecast
The social and emotional learning market size has grown exponentially in recent years. It will grow from $2.53 billion in 2023 to $3.15 billion in 2024 at a compound annual growth rate (CAGR) of 24.4%. The growth in the historic period can be attributed to recognition of the importance of holistic education, focus on mental health and well-being in schools, adoption of student-centered and personalized learning approaches, increase in awareness of bullying and school violence, implementation of character education programs.
The social and emotional learning market size is expected to see exponential growth in the next few years. It will grow to $7.03 billion in 2028 at a compound annual growth rate (CAGR) of 22.2%. The growth in the forecast period can be attributed to influence of education policy emphasizing sel skills, rise in teacher training and professional development, parental demand for comprehensive education, growth of digital and online sel resources, adoption of sel in workforce development programs. Major trends in the forecast period include integration of machine learning, development of sel programs for specific learning challenges, integration of artificial intelligence, collaboration between schools, communities, and businesses in sel initiatives, technology advancements in facilitating remote and hybrid learning,.
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Segmentation & Regional Insights
The social and emotional learning market covered in this report is segmented –
1) By Component: Solutions, Services
2) By Insights: Web-Based, Application
3) By Core Competencies: Self-awareness, Self-management, Social Awareness, Relationship Skills, Responsible Decision-making
4) By End-User: Pre-K (Prekindergarten), Elementary Schools, Middle And High Schools
North America was the largest region in the social and emotional learning market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the social and emotional learning market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The growing implementation of distance education solutions is expected to propel the growth of the social and emotional learning market going forward. Distance education refers to classes that can be taken online without the students having to be present in person at the school, college, or institution. Distance education solutions support inclusive education and give students the tools to thrive in virtual environments by developing their emotional intelligence, resilience, and interpersonal skills. For instance, in January 2022, according to the World Economic Forum, a Switzerland-based non-governmental organization, in 2021, 92 million students registered for Coursera’s online courses, representing more than 20 million new learners compared to the previous year’s record of 71 million. Therefore, the growing implementation of distance education solutions is driving the growth of the social and emotional learning market.
Key Industry Players
Major companies operating in the social and emotional learning market report are Pearson PLC, Udemy Inc., Coursera Inc., Promethean World Ltd., Outschool, Byju’s, Vector Solutions, Kahoot!, Hurix Digital, edX Inc., TutorMe, BASE Educational Services Private Limited, Panorama Education, EVERFI Inc., Nearpod Apps LLC, Quizlet, Edmentum Inc., BrainPOP, Illuminate Education, Rethink ED, Aperture Education LLC, Everyday Speech, Emotional ABCs, Kickboard Inc., Evolution Labs Inc., The Social Express Inc., Peekapak, Taproot Learning, Weld North LLC.
The social and emotional learning market report table of contents includes:
1. Executive Summary
2. Social And Emotional Learning Market Characteristics
3. Social And Emotional Learning Market Trends And Strategies
4. Social And Emotional Learning Market – Macro Economic Scenario
5. Global Social And Emotional Learning Market Size and Growth
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31. Social And Emotional Learning Market Other Major And Innovative Companies
32. Global Social And Emotional Learning Market Competitive Benchmarking
33. Global Social And Emotional Learning Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Social And Emotional Learning Market
35. Social And Emotional Learning Market Future Outlook and Potential Analysis
36.Appendix
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