PUBLISHER: The Business Research Company | PRODUCT CODE: 1620114
PUBLISHER: The Business Research Company | PRODUCT CODE: 1620114
Social-emotional learning (SEL) software consists of digital tools and platforms designed to support the development of social and emotional skills, especially in students. SEL software employs interactive resources to promote emotional intelligence, self-regulation, and interpersonal skills through engaging lessons, assessments, and personalized feedback.
The primary components of SEL software are solutions and services. Solutions refer to the specific programs and tools aimed at enhancing emotional intelligence, social skills, and mental well-being. SEL software is offered through web-based and mobile application platforms and is used by various end-users, including K-12 education, higher education, corporate and workplace settings, and others.
The social emotional learning (SEL) software market research report is one of a series of new reports from The Business Research Company that provides social emotional learning (SEL) software market statistics, including social emotional learning (SEL) software industry global market size, regional shares, competitors with a social emotional learning (SEL) software market share, detailed social emotional learning (SEL) software market segments, market trends and opportunities, and any further data you may need to thrive in the social emotional learning (SEL) software industry. This social emotional learning (SEL) software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The social emotional learning (SEL) software market size has grown exponentially in recent years. It will grow from $1.88 billion in 2023 to $2.35 billion in 2024 at a compound annual growth rate (CAGR) of 25.1%. The growth during the historic period can be attributed to several factors such as rising productivity in education, the growing need for social and emotional development, increased self-awareness, higher participation and achievement rates, and the implementation of initial programs and pilot projects.
The social emotional learning (SEL) software market size is expected to see exponential growth in the next few years. It will grow to $5.78 billion in 2028 at a compound annual growth rate (CAGR) of 25.3%. The growth during the forecast period can be attributed to factors such as the adoption of distance education solutions, government initiatives and funding, the expansion of video and audio features, a focus on improving behavioral skills, and a diverse range of product offerings. Key trends expected during this period include data tracking and analytics, gamification, an emphasis on equity and inclusion, real-time feedback and communication tools, and increased awareness of mental health.
The increasing recognition of mental health is expected to drive the expansion of the social emotional learning (SEL) software market in the coming years. Mental health encompasses a person's emotional, psychological, and social well-being, influencing their thoughts, feelings, and behaviors. This rising awareness is largely attributed to the growing prevalence of mental health conditions, efforts to reduce stigma, and the acknowledgment that mental well-being is essential for overall health and quality of life. SEL software aimed at mental health supports individuals in developing crucial emotional and social skills that foster resilience and well-being. For example, a May 2024 poll by the American Psychiatric Association, a U.S.-based organization of psychiatrists, revealed that 43% of adults report feeling more anxious in 2024 than the previous year, up from 37% in 2023 and 32% in 2022. As a result, the growing focus on mental health is fueling the growth of the SEL software market.
Leading companies in the social-emotional learning (SEL) software market are focusing on creating innovative solutions, such as virtual learning courses, to deliver foundational education on the subject to a wide audience. A virtual learning course is an online educational program that enables students to access content and engage in learning activities remotely via digital platforms. For example, in January 2023, the Collaborative for Academic, Social, and Emotional Learning (CASEL), a U.S.-based organization, launched An Introduction to Social and Emotional Learning, an online course. This course provides foundational knowledge about the core competencies of SEL, featuring interactive modules, real-world applications, and strategies for integrating SEL practices into educational environments, aiming to support both personal and academic development for students.
In February 2024, CentralReach, LLC, a U.S.-based company focused on software solutions for the healthcare sector, acquired SILAS for an undisclosed sum. The acquisition is designed to strengthen CentralReach's educational offerings, particularly for students with autism and other intellectual and developmental disabilities. SILAS, a U.S.-based provider, specializes in social and emotional learning (SEL) and behavior management solutions.
Major companies operating in the social emotional learning (SEL) software market are Imagine Learning LLC, Panorama Education Inc., Nearpod Inc., EverFi Inc., Second Step, ClassDojo Inc., Committee for Children, NoRedInk Corporation, Kognito Interactive Inc., SchoolMint Inc., Everyday Speech Inc., Move This World Inc., Evolution Labs Inc., Aperture Education LLC, Illuminate Education Inc., Emotional ABCs, Brighten Learning, Inner Explorer Inc., Positive Action Inc., Taproot Learning Inc., BASE Education LLC, Hapara Inc., Edutopia, Peekapak Inc.
North America was the largest region in the social emotional learning (SEL) software market in 2023. The regions covered in the social emotional learning (SEL) software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the social emotional learning (SEL) software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The social emotional learning (SEL) software market includes revenues earned by entities by providing services such as subscription services, licensing fees, professional development, custom content, and consulting services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Social Emotional Learning (SEL) Software Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on social emotional learning (SEL) software market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for social emotional learning (SEL) software ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The social emotional learning (SEL) software market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.