According to the latest report by IMARC Group, titled, “Social and Emotional Learning Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global social and emotional learning market reached a value of US$ 2.08 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.64 Billion by 2027, exhibiting at a CAGR of 23.47% during 2022-2027.
Through innovative teaching methods, social and emotional learning (SEL) is a process of encouraging children to understand and control emotions, create positive connections, and improve social interactions. It encompasses a wide range of abilities and strategies, including joint attention self-awareness, theory of mind, and identity development. SEL is currently in high demand around the world since it aids in the reduction of physiological and mental illnesses such as anxiety, stress, and depression.
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Market Trends
One of the primary drivers driving market expansion is the growing digitalization, which is accompanied by an expanding education industry around the world. Smartphones, desktop computers, and tablets are also becoming more popular around the world. Another growth-inducing aspect is technical breakthroughs such as the integration of artificial intelligence (AI), virtual reality (VR), and cloud-computing technologies. Furthermore, major manufacturers’ significant investments in research and development (R&D) efforts are expected to have a beneficial impact on the market.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
§ Aperture Education LLC
§ BASE Education
§ Committee for Children
§ Emotional ABCs
§ EVERFI Inc. (Vector Solutions)
§ Everyday Speech
§ Evolution Labs (Navigate360)
§ Kickboard Inc.
§ Nearpod
§ Panorama Education
§ Peekapak
§ Purpose Prep Inc.
§ Rethink Ed
§ The Social Express Inc.
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The report has segmented the market based on component, type and end user.
Breakup by Component:
§ Solution
§ Services
Breakup by Type:
§ Web-based
§ Application
Breakup by End User:
§ Pre-K
§ Elementary School
§ Middle and High School
Breakup by Region:
§ North America
§ Asia-Pacific
§ Europe
§ Latin America
§ Middle East and Africa
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