Market Overview
The Global social and emotional learning (SEL) market is estimated to develop at a CAGR of 23.4% from 2022 to 2028. The value of the SEL market in 2021 was USD 2,105.8 million and it is expected to reach USD 9,025.3 million in 2028.
The reason behind the rapid rise in the SEL market is to make students better and let them excel in their preferred fields. Through social and emotional learning an individual can learn self-control, interpersonal skills, self-awareness, etc. All of these will be helpful to them in finding a good job and choosing a better career for themselves.
The absence of proper infrastructure is the only restraint in this process but the technologies like augmented reality and virtual reality are acting as an opportunity for the students to better learn.
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Awareness programs, support, and proliferation of computing among the students have been the drivers of the Global social and emotional learning Market. Designers, programmers, developers, etc are involved in the supply chain of social and emotional learning (SEL).
List Of Key Companies:
- Committee for Children (US)
- Everfi (US)
- Nearpod (US)
- Illuminate Education (US)
- Panorama Education (US)
- PEEKAPAK (Canada)
- Evolution labs (US)
- Purpose prep (US)
- Oneder Academy (US)
- Rethink ed (US)
- Hero k12 (US)
- Newsela (US)
- Playworks (US)
- Wings for Kids (US)
Market segmentation
The social and emotional learning (SEL) market is segmented based on components, type, end user, region and core competencies.
Based on the component: The market of social and emotional learning is classified into services and solutions based on components. Amongst these two segments, the service segment holds a higher growth rate in the social and emotional learning market.
Based on type: Based on type, SEL is segmented into two parts i.e. Apps and web-based. During the projected period the segment of apps was found to hold the higher growth.
Based on competencies: Self-awareness, self-management, responsible decision making, social awareness and relationship skills are the different segments of social and emotional learning on the basic competencies. The segment of self-awareness has projected a higher growth as compared to the other segments.
Based on end-user: Pre-k, elementary school, middle and high schools are different segments of SEL on the end-user basis. The highest CGAR is recorded in the growth of the Pre-k segment amongst all.
Regional classification
The analysis of the social and emotional learning market took place in different parts of the world i.e. North America, Europe, South America, Africa, the Middle East etc.
Amongst all, it is found that North America is leading in the social and emotional learning market whereas the Asia pacific is recorded to have the highest growth.
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