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Social and Emotional Learning Market: Segmented: By Component {Solutions (Social and Emotional Learning Platform, Social and Emotional Assessment Tools) and Services (Consulting, Integration & Deployment, Training & Support)}; By Type (Web and Application); By End-use Industry (Pre-K, Elementary Schools and Middle & High Schools); and Region Analysis of Market Size, Shares & Trends for 2016-2019 and Forecasts to 2030
Social and emotional learning market is expected to cross USD 4,150 million by 2030 from USD 1,417 million in 2021 at a CAGR of 20.40% throughout the forecast period i.e. 2020-2030.
SEL refers to the attainment of social capabilities that help students in building emotional and social strength. Social and emotional learning (SEL) aims at grasping and managing emotions amongst children and adults to attain constructive objectives and create progressive interactions for making responsible decisions. Rising emphasis on enhancing the social and behavioral aptitudes of children is a major aspect backing the progress of the social and emotional learning market. Upgradation of social and emotional training through state interventions, propagation of computation in the schools (K – 12), and huge capital investment in social and emotional improvement by educators and policymakers are some of the key aspects pushing the global social-emotional learning (SEL) software.
Social and emotional learning market is expected to project a notable CAGR of 20.40% in 2030.
The market is anticipated to grow on the back of the rising implementation of social and emotional learning tools among the end-use industries. Moreover, the rising inclination toward evolving social and emotional abilities is pushing market development. Positive government provision for the adoption of SEL, along with rising subsidies from non-profit organizations (NPOs) are also projected to surge the market growth for social and emotional learning (SEL). The rising implementation of digital conversion in K-12 schools is also pushing the market progress. Mounting implementation of advanced technologies in the education industry along with a high investment of capital in innovative technologies by educators are some of the key aspects estimated to push the market growth for social and emotional learning (SEL) during the forecast period. The rising adoption and advent of cloud processing and AR/VR are also predicted to accelerate market growth in the coming years.
The SEL Assessment Tools segment to grow with the fastest CAGR of xx% during 2020-2030
The global social and emotional learning market is segmented by Components into Solutions (Social and Emotional Learning platforms, Social and Emotional Learning Assessment Tools) and Services (Consulting, Integration & Deployment, Training & Support). Among these, the SEL assessment tools segment is estimated to hold the largest market share of xx% in 2019. The emergence of COVID– 19 has declined business processes at various levels. Post-COVID, the SEL assessment tools are expected to grow at a significant pace. SEL assessment tool assists educators to assess the effect of the SEL databases on students and assists to take out conclusions appropriately. The majority of pre-K to high schools are adopting SEL assignment tools to observe and analyze the effect of the SEL prospectus on students. These are some of the key aspects pushing the market growth for the solutions segment.
The Elementary Schools segment to boost at the fastest CAGR of xx% during 2020-2030
The global social and emotional learning market is segmented by End-use Industry into Pre-K, Elementary Schools, and Middle & High Schools. Among these, the elementary school segment is witnessed to hold the largest market share of xx% in the year 2019. SEL solutions assist in enhancing students’ gaining abilities such as emotions, academic targets, empathy, and relations among others pushing the market growth for SEL solutions in elementary schools. Educational protagonists, like principals, teachers, parents, and legislators, are concerned about adopting SEL solutions across elementary schools for the progress of students’ academic and social skill sets. These are some of the key aspects predicted to accelerate the market growth for social and emotional learning.
Rising Implementation of Social and Emotional Learning Tools among the End-use Industries
The COVID-19 lockdown has certainly augmented anxiety, depression, suicidal tendency, biases, racism, etc. There has been a major impact on the mental health of the people during the COVID-19 epidemic. Stress, anxiety, and depression squelch the immune system, producing susceptibility to everything from the common cold to cancer. It is high time to start focusing on the mental health issues of people as well. This has a long-term impact on people. There are several advantages of accelerating the Emotional Quotient (EQ) of people. EI can aid in performing well in a professional career. I can also assist people in enhancing their complete health and better retrieval. Women with low levels of stress would maintain a better diet and build sturdier immune systems. Hence governments of several countries are aiming at this issue and initiating agendas to maintain every individual’s mental health strong.
The rise in Anxiety, Depression, Suicidal Tendency, and Adverse Effects on Mental Health due to Covid-19
Usually, throughout the Covid-19 epidemic, people have stayed at home, either working from home or without any job. This has raised stress and anxiety among people who have no jobs as they are not permitted to step out of their homes and find jobs. Trades are affected, and there is less or no hiring. Many big industries have laid-off employees. There are cases where people have lost jobs, and Small and Medium-sized Enterprises (SMEs) have been shut down. This has resulted in an economic slowdown and a share market smash. The entire world is struggling with advanced challenges that have arisen as an outcome of the corona. Large companies are not ready to allow every employee to work from home. This crisis state has straightly added to the stress and anxiety rise in children as well. They aren’t allowed to go out, play, and meet friends, and their social life has been limited to the home. As per a recent article, federal organizations are of the view that there is an approaching trend of mental health issues like depression, substance abuse, post-traumatic stress disorder, and suicide.
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
The Social and Emotional Learning Market size was estimated at USD 1,417 million in 2021 and is expected to reach USD 4,150 million 2030
Education, Committee for Children, Hoonuit, EVERFI, Rethink ED, Everyday Speech, Evolutions Labs, Peekapak, Nearpod, Others.
The SEL Assessment Tools segment and The Elementary Schools segment are anticipated to hold the Social and Emotional Learning Market
Drivers Rising Implementation of Social and Emotional Learning Tools among the End-use Industries
SEL refers to the attainment of social capabilities that help students in building emotional and social strength. Social and emotional learning (SEL) aims at grasping and managing emotions amongst children and adults to attain constructive objectives and create progressive interactions for making responsible decisions.
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