PUBLISHER: 360iResearch | PRODUCT CODE: 1500611
PUBLISHER: 360iResearch | PRODUCT CODE: 1500611
[187 Pages Report] The Social & Emotional Learning Market size was estimated at USD 3.75 billion in 2023 and expected to reach USD 4.53 billion in 2024, at a CAGR 21.38% to reach USD 14.59 billion by 2030.
Social and emotional learning pertains to how individuals, primarily children and adolescents, acquire and effectively use the knowledge, attitudes, and skills required to handle emotions, empathize with others, establish and maintain positive relationships, and make reliable decisions. The social and emotional learning market comprises various stakeholders, such as educational institutions, software, service providers, teaching communities, students, and policymakers, who provide and utilize SEL programs and resources. Potential demand attributed to improving the education sector's capabilities and increasing penetration of digital education at school and college levels is driving the market growth. Favorable governmental initiatives associated with social and emotional well-being fuel market expansion. High capital investments coupled with required infrastructure facilities and Limited teaching professionals to manage social & emotional learning solutions restrict market growth. Additionally, there is potential growth by introducing novel social & emotional learning solutions to customize SEL learning and track student progress. The rising need for self-management in education, along with office platforms, is also creating significant opportunities in the market.
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 3.75 billion |
Estimated Year [2024] | USD 4.53 billion |
Forecast Year [2030] | USD 14.59 billion |
CAGR (%) | 21.38% |
Regional Insights
The demand for Social & Emotional Learning (SEL) programs in the Americas, particularly in the United States and Canada, has grown substantially. The region has demonstrated a heightened emphasis on integrating SEL into educational curricula, driven by increasing awareness of its positive impact on students' academic performance and behavioral outcomes. In Europe, SEL has been increasingly recognized for its role in student development, with the European Union (EU) endorsing policies and frameworks that advocate for including SEL in education systems. SEL adoption is growing in the Middle East but faces cultural and educational challenges. Elevated youth unemployment rates and societal upheaval have led to increased investments in SEL programs to address these issues. Africa, meanwhile, sees a rise in SEL demand, particularly in private international schools, nonprofit educational initiatives, and communities seeking to improve educational outcomes in the face of diverse socio-economic challenges. The Asia-Pacific region represents a diverse and rapidly developing market for SEL, with varying degrees of integration into educational systems. Countries such as Australia and New Zealand have been frontrunners in embedding SEL in their national curricula. Meanwhile, in Asia, initiatives have been largely spearheaded by private organizations, international bodies, and local governments, particularly in economies with strong growth potential, such as China and India.
Market Insights
The market dynamics represent an ever-changing landscape of the Social & Emotional Learning Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
FPNV Positioning Matrix
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Social & Emotional Learning Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Social & Emotional Learning Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments
Aperture Education Launches New Offerings to Develop Students' Social & Emotional Competence
Aperture Education, a frontrunner in providing evidence-based social-emotional learning (SEL) assessments, has launched innovative tools to enhance SEL in middle schools. The newly-introduced DESSA Middle School Student Self-Report, accessible through a student portal, empowers students in grades 6-8 to reflect on and enhance their SEL skills through an engaging and interactive interface. [Published On: 2023-08-21]
BEGiN & Sesame Workshop Launch Social-Emotional Learning App 'Learn with Sesame'
BEGiN has joined forces with Sesame Workshop to unveil 'Learn with Sesame.' This innovative app is ingeniously crafted, combining the proven educational techniques of Sesame Workshop with BEGiN's celebrated four-step learning strategy, ' [Published On: 2022-09-22]
Strategy Analysis & Recommendation
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Social & Emotional Learning Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the Social & Emotional Learning Market, highlighting leading vendors and their innovative profiles. These include Apperture Education, LLC, BASE Education LLC, Emotional ABCs, Inc., EVERFI, Inc., Everyday Speech LLC, Growing Leaders, Illuminate Education, Move This World, Nearpod Inc., Newsela Inc., Ori Platform, Panorama Education, Inc., PATHS Program Holding, LLC, Peekapak Inc., and Rethink Autism, Inc..
Market Segmentation & Coverage