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World Social and Emotional Learning (SEL) Research Report 2023-2028 Featuring Major Players – Committee for Children, EVERFI, RethinkEd, Nearpod, Newsela, Playworks, and Wings of Kids Among Others

DUBLIN, Feb. 16, 2024 /PRNewswire/ — The “Social and Emotional Learning Market by Offering (Solution, Services), Solution (Social & Emotional Learning Platform, Social & Emotional Learning Assessment Tool), Service, End User, Core Competency, Type & Regions – Global Forecast to 2028” report has been added to  ResearchAndMarkets.com’s offering.

The SEL market size is projected to grow from USD 3.6 billion in 2023 to USD 10.3 billion by 2028, at a CAGR of 23.6%

The report would help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall SEL market and the subsegments. This report would help stakeholders understand the competitive landscape and gain insights to position their businesses better and plan suitable go-to-market strategies. The report would help stakeholders understand the market’s pulse and provide them with information on the key market drivers, restraints, challenges, and opportunities.

Premium Insights

  • Demand for New Learning Models with Advancement in Technologies to Present Growth Opportunities for Market
  • Middle and High Schools Segment to Account for Largest Market During Forecast Period
  • Solutions and Web-based Segments to Account for Largest Market Shares in 2023
  • North America to Account for Largest Market Share in 2023

The growing demand for SEL is increasing due to the usage and demand for various advanced technologies, such as wearable devices, mixed reality, and AI. Emotional Learning (EL) involves developing an individual’s ability to make positive life choices, achieve intellectual success, and build a promising career. SEL solutions encompass a range of tools, programs, and assessments that help educators, parents, and communities guide students through managing their emotions, relationships, goals, and responsibilities, while making informed decisions.

The major players in the SEL market are Committee for Children (US), EVERFI (US), Illuminate Education (US), Nearpod (US), Panorama Education (US), SchoolMint (US), Newsela (US), Playworks (US), Wings of Kids (US), RethinkEd (US), etc. These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their footprint in the SEL market.

By Type, the application segment is expected to grow with the highest CAGR during the forecast period.

The term application refers to the SEL platform set up on school servers, desktop computers, or mobile devices, which teachers and students can access. The SEL curriculum can be accessed without an internet connection in exceptional circumstances.

The application-based SEL platform is handy for schools with poor internet connectivity in rural areas. Due to their ease of use and continuous operation, SEL programs are preferred by schools in developing countries. SEL suppliers promptly send updated software to schools in case of an upgrade.

By End Use, the Middle and High Schools segment is expected to hold the largest market size during the forecast period.

Middle and high school students, aged 11 to 18 are typically divided into different age groups. However, when applying SEL, this group needs to be more noticed. But, with growing concerns about social and behavioral difficulties, indiscipline, emotional distress, and poor management, more educators are focusing on SEL solutions. Middle and high school students can now choose from various SEL modules offered by providers, which include platforms, interactive games, tales, and workshops. SEL teaches adaptable skills that are useful both inside and outside the classroom.

Asia Pacific is expected to grow with the highest CAGR during the forecast period.

Due to its rapid development, Asia Pacific is one of the most lucrative markets for SEL. SEL solutions are being quickly adopted, making it the fastest-growing market globally. China and Japan, the region’s most technologically advanced nations, dominate the SEL market. The region has the largest student population, and with technological advancements, there is an increasing need for newer teaching methods.

The SEL market is driven to adapt to Asia Pacific’s diverse educational needs, including ANZ, Japan, China, South Korea, Southeast Asia, and India. During the projection period, Asia Pacific is expected to have more growth opportunities – the government programs to boost digital infrastructure fuel the region’s adoption of SEL.

Case Study Analysis

  • Hca Healthcare Utilized Everfi’s Mental Wellness Program for Students
  • Everfi Helped Students of Prince William County Public Schools to Prepare for Personal and Professional Success
  • Illuminate Education Partnered with Cisd to Develop Ise Solutions for Special Education Needs
  • Panorama Education Helped Fresno Unified School District Promote Sel Using Relevant Survey Data
  • Navigate360 Social and Emotional Learning Program Helped Students at Marion Public School Learn Strategies to Respond to Stressors
  • Ceres High School Used Schoolmint Hero for Social and Academic Success

Market Overview and Industry Trends

Market Dynamics

Drivers

  • Increasing Focus on Overall Development of Students
  • Growing Implementation of Distance Education Solutions
  • Need for Social and Emotional Well-Being in Educational Institutions
  • Growing Support and Awareness Programs by Governments
  • Need for Promoting Social Awareness Among Employees in Organizations
  • Proliferation of Computing in K-12 Sector

Restraints

  • Absence of Appropriate Infrastructure in Emerging Economies
  • Lack of Education Budget in Emerging Countries

Opportunities

  • Demand for New Learning Models with Advancements in Technologies
  • Emergence of AI, Ar, and Vr Learning Trends in the K-12 Sector

Challenges

  • Shift from Traditional Learning Methods
  • Focus on Academic Learning More Than Social and Emotional Learning

Technology Analysis

Key Technologies

  • Ar and Vr
  • AI
  • IoT
  • Big Data Analytics
  • Cloud Services
  • 5G Network

Adjacent Technologies

  • Educational Technology (Edtech)
  • Assistive Technology
  • Blockchain

Complementary Technologies

  • Natural Language Processing (Nlp)
  • Biometric Feedback Devices
  • Speech Recognition Technology

Technology Roadmap for Market

  • Short-Term Roadmap (2023-2025)
  • Mid-Term Roadmap (2026-2028)
  • Long-Term Roadmap (2029-2030)

Tariff and Regulatory Landscape

  • Communications Act of 1934
  • Gdpr
  • International Organization for Standardization (Iso) Standard 27001
  • Appi
  • Essa
  • Supporting Social and Emotional Learning Act
  • Academic, Social, and Emotional Learning Act of 2015
  • Jesse Lewis Empowering Educators Act
  • Social Emotional Learning for Families Act of 2019

Company Profiles

Key Players

  • Committee for Children
  • Everfi
  • Nearpod
  • Illuminate Education
  • Panorama Education
  • Schoolmint
  • Newsela
  • Playworks
  • Wings for Kids
  • RethinkEd
  • Move this World
  • Positive Action
  • Growing Leaders
  • Mindsets
  • Ori Learning
  • The Conover Company
  • Imagine Learning
  • Navigate360
  • Peekapak
  • Paths Program LLC

Start-Ups/SMEs

  • Brighten Learning
  • Aperture Education
  • Taproot Learning
  • Meandmine
  • Base Education
  • Everyday Speech
  • Moozoom
  • Wayfinder
  • Heykiddo
  • Classcraft
  • Tamboro
  • Persona Education

For more information about this report visit https://www.researchandmarkets.com/r/lhr5s6

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