New York, United States , Nov. 15, 2022 (GLOBE NEWSWIRE) -- The Global Social and Emotional Learning Market Size was valued at USD 1.25 Billion in 2021, the market is projected to grow USD 3.80 Billion in 2030, at a CAGR of 22.77%. The North America region is expected to dominate the market share owing to the sector being largely driven by the market's strong presence of SEL software suppliers and high R&D investment. Europe is the second-largest market for social and emotional learning due to the major players development plan and the rising number of enterprises.
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Social and emotional learning is an essential component of a well-rounded education, and multiple studies have shown that students who use it are academically successful. In a research, CASEL used the findings of a meta-analysis of 213 school-based universal SEL programs that included 270,034 kids. The study discovered that kids benefit from evidence-based SEL programs in a number of ways, including improved attitudes, fewer behavioral issues, and improved academic achievement.
The implications of COVID-19 on multiple businesses have led to global travel prohibitions, a state of lockdown, and a stop in the supply chains of various enterprises. The current unusual occurrence has had a significant negative influence on the ICT sector as well because of the unpredictable posture of technological devices. Technology businesses and corporations have stepped up to support educators in delivering resources for SEL and wellness to students, teachers, and families during the epidemic by offering remote social-emotional learning solutions and services. Due to the COVID-19 outbreak, several countries have rigorous lockdowns, closures, and movement restrictions in place to stop the virus from spreading. Vendors have observed a considerable rise in demand for social and emotional learning goods in the years 2020 and 2021.
The primary factors driving the SEL market globally are the rising usage of smart devices and government attempts to offer digital education to pupils in K–12 institutions. Governments of developing countries are implementing digitization programs in schools, colleges, universities, and other educational institutions. In addition to providing broadband infrastructure, governments facilitate the provision of e-learning programs at educational institutions. The development of social-emotional learning as a part of the core curriculum is also receiving funding from organizations and governments all around the world.
Browse key industry insights spread across 210 pages with 120 market data tables and figures & charts from the report “Global Social and Emotional Learning Market Size, Share & Trends, COVID-19 Impact Analysis Report, By Component (Solutions and Services), By Deployment Mode (Cloud and On-premise), By Core Competencies (Self-management, Self-awareness, Social awareness, Responsible decision-making, and Relationship Skills), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2021 – 2030 in detail along with the table of contents.
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Through the provision of remote SEL solutions and services, education technology companies and organizations have stepped forward to assist educators in providing resources for social and emotional learning and psychological wellbeing to teachers, students, and families during the COVID-19 pandemic-related school closures.
The need for connection and social-emotional recovery is crucial, especially for primary schools, which provided the SEL providers the opportunity to introduce digital SEL solutions. Student wellbeing has been deteriorating following a year of school closures.
The next level digital program, which is the organization's first entirely based on web offering for Grades K–5, was announced as a new addition to the Committee for Children's program portfolio in March 2021. The Committee for Children is a global non-profit provider of research-based social-emotional learning (SEL) curricula.
To assist educators in managing the strain of distance learning and adjusting to the new reality, organizations like the Yale Center for Emotional Intelligence and the Collaborative for social, academic, and emotional learning published resources and suggestions in the spring and summer of 2020. A startling 90% of kids at Alaska's North Star Elementary reported coming from low socioeconomic backgrounds. The school turned to Aperture Education to aid with problems related to assisting its students in overcoming trauma and developing social and emotional skills. The latter gave North Star SEL Data, DESSA, in order to support North Star's monitoring of progress, active goal-setting, and upbeat thinking every four to six weeks.
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In addition, Aperture Education bought Charlotte-based Ascend in 2021, a maker of goal-based student engagement software, as a result of the demand for its products steadily expanding. By giving districts and after-school programs a mobile-friendly software platform to involve kids in their own social and emotional development, the purchase enables Aperture to extend its SEL services for high school.
The American Rescue Plan is providing federal relief monies to public K–12 districts, thus it is expected that once students return to the classroom, schools and districts will redouble their efforts to put social and emotional support for teachers first. It is anticipated that increased government financing and efforts would boost market demand.
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Key Companies & Recent Developments: The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Companies Covered: Emotional ABCs, EVERFI Inc., Committee for Children, The Social Express®, Everyday Speech, Nearpod®, Illuminate Education., Panorama Education, Playworks., Newsela, Aperture Education, Wonder Workshop Inc. and others 30+ prominent key players we have added in the final report.
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