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Social And Emotional Learning Market Worth $7.8 Billion By 2027 — Exclusive Report by MarketsandMarkets™

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MarketsandMarkets™
Social And Emotional Learning Market Worth $7.8 Billion By 2027 — Exclusive Report by MarketsandMarkets™

The Global Social And Emotional Learning Market size is projected to grow from USD 2.7 billion in 2022 to USD 7.8 billion by 2027, at a compound annual growth rate (CAGR) of 24.0% during the forecast period, according to a new report by MarketsandMarkets™.

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Solutions segment to account for largest market share during the forecast period

SEL platforms, programs, and assessment tools make up SEL solutions. Education professionals (schools/districts, teachers, parents, and communities) employ SEL platforms to support kids in developing their emotions, traits, empathy, connections, goals, responsibilities, and decision-making skills. Lessons, movies, and interactive modules in the form of audio, videos, games, and stories are available on these platforms. Only a few SEL providers make their SEL programs printable. The emotional and social development of pupils has long been a priority for educators in their experiential learning activities. As a result, educators all around the world are aggressively deploying SEL platforms. The operations are suspended for several stakeholders, including schools, districts, and NGOs. The usage of platforms has increased more rapidly in recent years. Because platforms may integrate new solutions over existing ones, their use has risen more quickly in recent years. These, however, cost a little more than standalone software. Spending on non-essentials has decreased as a result of the COVID-19 epidemic, and money has been saved in case of another financial crisis. Consequently, this has had an impact on SEL market expenditure as well.

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SEL platforms is estimated to record largest market share during forecast period

The SEL platform, accessible in both online and offline formats, gives students the power to learn about social and emotional skills and a foundation on which to build their personal and professional journeys. The key competencies, according to CASEL’s frameworks, are self-awareness, self-management, social awareness, relational skills, and responsibly making decisions. Pre-K and kindergarten, elementary schools, middle schools, and high schools can all use the SEL platform. Worldwide, social groups and health organizations use it as well. The platform addresses abilities including friendship, self-esteem, behaviours, emotional recognition, hygiene, and play skills, in addition to conversation topics, self-regulation, school rules, problem-solving, basic and advanced conversational skills, situational awareness, and nonverbal communication.

Most suppliers provide evidence- and research-based SEL curricula. Most vendors provide educators with an SEL curriculum supported by data and research. These SEL platforms are equipped with a wide range of social and emotional skills that aid decision-makers in the educational sector in adjusting to the shifting social environment.

North America to record highest market share in Social And Emotional Learning Market

In this study, North America is comprised of the US and Canada. It is one of the world’s most technologically advanced areas. The area has a well-connected sophisticated infrastructure, enabling SEL businesses to provide their customers with high-quality services. Through its network architecture, it provides the world’s most cutting-edge and quick services. The early deployment of cloud and mobile technology in North America has also been a significant factor in accepting SEL solutions to increase worker effectiveness and productivity. The biggest market vendors, including Committee for Children, EVERFI, Nearpod, Illuminate Education, and Panorama Education, are present. They are a major growth driver for the North American social and emotional learning industries. Schools and institutions around the region were forced to close and conduct classes remotely due to the COVID-19 pandemic. Many students suffer from mental health problems such as grief, worry, and sadness as a result of this. As these unpleasant feelings build up, it becomes harder to think clearly, make wise choices, act socially and productively, and use your mental resources. However, in order to address these problems, the federal and state governments are putting into place laws that are crucial in fostering the development of SEL programs across states and districts.

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Market Key Vendors

Key and innovative vendors in the Social And Emotional Learning Market are Committee for Children (US), EVERFI (US), Nearpod (US), Illuminate Education (US), Panorama Education (US), SchoolMint (US), Newsela (US), Playworks (US), Wings for Kids (US), Rethink Ed (US), Move This World (US), Positive Action (US), Growing Leaders (US), 7 Mindsets (US), Ori Learning (US), The Conover Company (US), Imagine Learning (US), Navigate360 (US), Peekapak (Canada), Paths Program LLC (US), Brighten Learning (US), Aperture Education (US), Taproot Learning (US), MeandMine (US), Base Education (US), Everyday Speech (US), Mozoom (Canada), Wayfinder (Canada), HeyKiddo (US), Classcraft (Canada), Tamboro (Brazil), and Persona Education (UK).

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model — GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Content Source: https://www.prnewswire.com/news-releases/social-and-emotional-learning-market-worth-7-8-billion-by-2027---exclusive-report-by-marketsandmarkets-301671401.html

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