Social and Emotional Learning (SEL) Market By Component (Solutions (SEL Platform and SEL Assessment Tool) and Services (Consulting, Integration & Deployment, and Training & Support)), By Type (Web and Application), By End-user (Pre-K, Elementary Schools, and Middle & High Schools), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2029

The global social and emotional learning (SEL) market accounted for US$ 1.3 billion in 2019 and is estimated to be US$ 10.5 billion by 2029 and is anticipated to register a CAGR of 23.5%.

Social and emotional learning (SEL) is a development process that recognizes and controls the feelings of children and adults with an aim to gain successful outcomes and develop healthy partnerships for rational decision-making. The proliferation of computation in schools (K – 12), promotion of social and emotional training through state agencies, and high capital spending on social and emotional development by educators and policymakers are some of the major propellers influencing the global social emotional learning (SEL) software market.

Impact of COVID-19 on the market

Due to the outbreak of COVID-19, schools, universities, and corporate compliance training institutes are forced to close and consider implementing e-learning solutions to ensure continuity in imparting education. Online learning institutions are also registering a substantial growth in the number of students. The report will estimate the impact of COVID-19 on the demand for smart education and learning solutions for COVID-19 as a significant market contributor by continuously monitoring the market dynamics.

Growing awareness about several learning end-users

Increasing awareness among students and teachers about social-emotional learning (SEL) software programs along with the promotion of SEL by government agencies is expected to drive the growth of the global market steadily during the forecast period. Additionally, the introduction of artificial intelligence in the K-12 education sector would provide the social and emotional learning market lucrative growth opportunities in the coming years. Moreover, growing digitization in schools and increasing spending on social and emotional learning by policymakers and educators in promoting the global social and emotional learning (SEL) market growth globally.

Conversely, budget reductions would restrain the demand for social-emotional learning software across emerging and underdeveloped countries over the forecast period.

Nevertheless, the applications of augmented and virtual reality technologies are projected to create productive growth opportunities for the market in forthcoming years.

The global social and emotional learning (SEL) market is segmented based on the component, type, end-user, and region.

On the basis of the component, the global social and emotional learning (SEL) market is segmented into solutions (SEL platform and SEL assessment tool) and services (consulting, integration & deployment, and training & support). Based on the type, the target market is segmented into web and application. Based on the end-user, the target market is classified into pre-k, elementary schools, and middle & high schools.

In the region, the global social and emotional learning (SEL) market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for the major revenue share of the global social-emotional learning (SEL) market in 2019 and is projected to continue its dominance during the forecast period. The U.S. and Canada are the main countries in the market in this region, due to the large-scale implementation of SEL programs by schools. Thus, the U.S. has emerged as the foremost adopter of SEL solutions in terms of market size. The federal and state policies play a vital role in creating a supportive environment for SEL programs to be implemented across states and districts in the U.S. Furthermore, the Asia Pacific social and emotional learning market it is anticipated to grow at the maximum CAGR over the forecast period. China, Japan, India, and Australia are chief countries of the social-emotional learning (SEL) market in the region.

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029.  For the purpose of this study, has segmented the global social and emotional learning (SEL) market report based on component, type, end-user, and region.

Global Social and Emotional Learning (SEL) Market, By Component:

• Solutions

• SEL Platform
• SEL Assessment Tool

• Services

• Consulting
• Integration and Deployment
• Training and Support

 Global Social and Emotional Learning (SEL) Market, By Type:

• Web
• Application

 Global Social and Emotional Learning (SEL) Market, By End-user:

• Pre-K
• Elementary Schools
• Middle and High Schools

Global Social and Emotional Learning (SEL) Market, By Region:

• • • North America
      • • U.S.
        • Canada
    • Europe
      • • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa

The key players operating in the global social and emotional learning (SEL) market include Aperture Education, LLC, SEL Adventures, BASE Education LLC, Hoonuit, LLC, Evolution Labs, Inc., Nearpod Inc., Peekapak, Inc., Purpose, Inc., Rethink Autism, Inc., and Taproot Learning. Prominent players with a noticeable share in the market are concentrating on strengthening their customer base across foreign countries. These businesses are leveraging strategic collaborative and product innovations to enhance their market profitability and improve their market percentage.

For instance, in October 2018, EVERFI introduced a new skillsets for students with support from Navy SEAL Foundation and Goldman Sachs. This new launch called “Honor Code”, helps educators to ease bullying acts across students.

Key Issues Addressed

• Aperture Education, LLC
• SEL Adventures
• BASE Education LLC
• Hoonuit, LLC
• Evolution Labs, Inc.
• Nearpod, Inc.
• Peekapak, Inc.
• Purpose, Inc.
• Rethink Autism, Inc.
• Taproot Learning