Social and Emotional Learning Market Size, Statistics Report 2028

The social and emotional learning market is projected to reach US$ 9.29 billion by 2028; it is estimated to grow at a CAGR of 29.7% from 2022 to 2028.

Social and emotional learning helps in developing the self-awareness, interpersonal skills, and self-control that are vital for school, work, and life success. The promotion of social and emotional learning in school environments, citizenships, and relationships boosts the social and emotional learning market growth. Furthermore, the increasing adoption of AI, AR, and VR learning trends in the K-12 sector is offering lucrative opportunities to the social and emotional learning market players.

MARKET DYNAMICS

Educators and policymakers are spending considerably on social and emotional learning solutions. In addition to this, the exponential rise in the use of computing solutions in the K-12 sector in schools and massive improvements in the educational infrastructure are contributing to the social and emotional learning market progress. Moreover, the rapid adoption of e-learning with connected and smart devices, and increased digitalization in the education sector are major factors propelling the market growth. However, the lack of awareness about social and emotional learning platforms, and budget constraints in educational institutes across developing and underdeveloped countries hinder the growth of the market. Further, as technology assists students in developing relationships and acts as a starting point for connection, educators are looking to harness EdTech tools to help students meet their emotional learning goals. Continuous developments in artificial intelligence in the K12 education system are encouraging massive innovations in virtual and augmented reality technologies, which is anticipated to create significant growth opportunities for the social and emotional learning market players.

MARKET SCOPE

The "Global Social and Emotional Learning Market Analysis to 2028" is a specialized and in-depth study with a special focus on global trend analysis. The report aims to provide an analysis of the market based on component, type, core competency, and end user. It provides key market statistics derived by considering the revenue performances of leading market players and offers key trends and opportunities prevailing in the social and emotional learning market.

Strategic Insights

Report Coverage - Social and Emotional Learning Market

Report Coverage	Details
Market Size Value in	US$ 1.56 billion in 2021
Market Size Value by	US$ 9.29 billion by 2028
Growth rate	CAGR of 29.7% from 2022 to 2028
Forecast Period	2022-2028
Base Year	2021
No. of Pages	150
Historical data available	Yes
Segments covered	Component, Type, Core Competency, End User, and Geography
Regional scope	North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country scope	US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Report coverage	Revenue forecast, company ranking, competitive landscape, growth factors, and trends
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MARKET SEGMENTATION

The social and emotional learning market is segmented on the basis of component, type, core competency, and end user. In terms of component, the market is segmented into solutions and services. Based on type, the market is bifurcated into web-based and application. Further, based on core competency, the social and emotional learning market is segmented into self-awareness, self-management, social awareness, relationship skills, and responsible decision-making. The social and emotional learning market, by end user, is segmented into pre-K, elementary schools, and middle and high schools.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global social and emotional learning market based on various segments. It also provides market size and forecast estimates from 2020 to 2028 with respect to five major regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South America. The market in each region is further segmented into respective countries and segments. The report covers an analysis and forecast of 18 countries, along with current trends and opportunities prevailing in the region.

North America is expected to hold the largest share of the social and emotional learning market during the forecast period. The market in North America is subsegmented into the US, Canada, and Mexico. There is a large-scale implementation of social and emotional learning programs at schools. Moreover, among K–12 end users, the adoption of smart and emotional learning solutions and programs has surged notably. Aperture Education, which empowers out-of-school-time programs across the region, partnered with North Star Elementary, Alaska, in 2021. With this partnership, North Star Elementary helps children develop social and emotional skills and overcome trauma.

The below figure showcases the revenue growth trend in the global social and emotional learning market: 

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Source: The Insight Partners Analysis

The report analyzes factors affecting the social and emotional learning market from the demand and supply sides. Further, it evaluates market dynamics, i.e., drivers, restraints, opportunities, and future trends, influencing the market progress. The report also provides an exhaustive Porter's Five Forces analysis of the market.

IMPACT OF COVID-19 PANDEMIC

The COVID-19 pandemic benefited the social and emotional learning industry. The education sector started facing unprecedented challenges during the pandemic, which compelled them to develop remote learning and working environments. Social and emotional learning solutions allowed users to support one another, as adults, families, young people, and communities experienced feelings of loss, isolation, and stress amid this health crisis. The COVID-19 pandemic had a significant impact on students’ socio-emotional learning abilities, and therefore, to stabilize the academic learning, social and emotional learning tools, as well as programs, were adopted rapidly to establish a more expansive and accurate definition of learning, both, during and beyond the global health crisis. Social and emotional learning activities helped students adapt to new circumstances, return to school, and catch up on lost learnings.

MARKET PLAYERS

The reports highlight key organic and inorganic growth strategies in the social and emotional learning market. Organic growth strategies adopted by market players include product launches, product approvals, and patents and events. Further, the inorganic growth strategies witnessed in the market include acquisitions, partnerships, and collaborations. These activities have paved the way for the expansion of businesses and customer bases of market players.

The report also includes the profiles of key companies in the social and emotional learning market, focusing on their SWOT analysis and market strategies. The company profile section focuses on leading industry players with information such as components and services offered, financial information for the last 3 years, and key development in the past 5 years. The list of a few companies engaged in the social and emotional learning market is given below: 

• Committee for Children
• Everfi
• Nearpod
• Illuminate Education
• Panorama Education
• Hero K12
• Newsela
• Playworks
• Wings for Kids
• Rethink ED

The dedicated research and analysis team at The Insight Partner consists of experienced professionals with advanced statistical expertise. The team also offers various customization options in the existing study.

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