Global Social and Emotional Learning Market to Reach US$ 18.3 Billion by 2032, Impelled by Rising Prevalence of Depression Among Individuals

June 22, 2022 | Technology & Media

According to the latest report by IMARC Group, titled "Social and Emotional Learning Market Report by Component (Solution, Services), Types (Web-based, Application), End User (Pre-K, Elementary School, Middle and High School), and Region 2024-2032," the global social and emotional learning market reached a value of US$ 3.3 Billion in 2023. Social and emotional learning (SEL) is an integral part of an education system that aids in the overall human development through various innovative teaching methods. This method of learning helps adults and children to acquire and apply the attitudes, skills and knowledge in order to manage emotions, develop healthy identities, establish and maintain supportive relationships and achieve personal and collective goals. The demand for social and emotional learning practices is increasing across the globe due to the rising health-related practices across educational and corporate sectors and the easy access to multiple SEL platforms.

Global Social and Emotional Learning Market Trends:

The global market is primarily driven by the increasing awareness regarding the benefits of social and emotional learning. This is supported by the rising prevalence of depression and anxiety among employees caused due to intensive competition in the workplace. In addition to this, the increasing focus on the health and safety regulations of employees is providing a boost to the market growth. Moreover, the rising investments by private and public firms for the improvement of the overall education infrastructure are acting as a major growth-inducing factor. Along with this, an increasing need for developing non-cognitive skills in children has encouraged the educational system to incorporate social and emotional learning methods in academics. Furthermore, the rapid outbreak of coronavirus disease (COVID-19) has impelled multiple businesses and schools to adopt effective social and emotional learning methods, which, in turn, has provided a thrust to the market. Other factors, including the introduction of virtual learning platforms, coupled with the widespread integration of advanced technologies with these platforms, rapid urbanization and digitization, are also positively influencing the market growth. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 18.3 Billion by 2032, exhibiting a CAGR of 20.4% during 2024-2032. 

Market Summary:

  • On the basis of the component, the market has been segmented into solutions and services.
  • Based on the type, the market has been bifurcated into web-based and applications.
  • On the basis of the end user, the market has been classified into pre-k, elementary school and middle and high school.
  • Based on the region, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others) and the Middle East and Africa.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of these players include Aperture Education LLC, BASE Education, Committee for Children, Emotional ABCs, EVERFI Inc. (Vector Solutions), Everyday Speech, Evolution Labs (Navigate360), Kickboard Inc., Nearpod, Panorama Education, Peekapak, Purpose Prep Inc., Rethink Ed and The Social Express Inc.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Component, Type, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Aperture Education LLC, BASE Education, Committee for Children, Emotional ABCs, EVERFI Inc. (Vector Solutions), Everyday Speech, Evolution Labs (Navigate360), Kickboard Inc., Nearpod, Panorama Education, Peekapak, Purpose Prep Inc., Rethink Ed and The Social Express Inc.
Customization Scope 10% Free Customization
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Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Social and Emotional Learning Market to Reach US$ 18.3 Billion by 2032, Impelled by Rising Prevalence of Depression Among Individuals
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