Social Emotional Learning (SEL) Software Market: Introduction
The global social
emotional learning (SEL) software market is anticipated to
cross US$ 7.3 Bn by 2030. The social emotional learning (SEL)
software market is projected to expand at a CAGR of ~22% from
2020 to 2030 based on revenue. According to the report, North America was a
significant contributor to the social emotional learning (SEL) software market
in terms of revenue in 2019. The prominent market share of the region is due to
the high adoption of social emotional learning software and large-scale
implementations of SEL programs by schools, especially in the U.S. and Canada.
The social emotional learning (SEL) software market in Asia Pacific is expected
to expand at a high CAGR during the forecast period.
Major Key Players of
the Social Emotional Learning (SEL) Software Market are:
7 Mindsets, Aperture Education, LLC, BASE Education LLC, Emotional ABCs,
EVERFI, Inc., Everyday Speech, Evolution Labs Inc., Hero K-12, Hoonuit, LLC,
Nearpod Inc., Panorama Education, Peekapak Inc., Purpose Prep, Inc. (Weld North
Education, LLC), Rethink Autism, Inc., Committee For Children, ScholarCentric, SEL
Adventures, Social Express, Inc., Taproot Learning, and The Conover Company.
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Rise in Investments in Social and Emotional Learning by
Governments Driving Social Emotional Learning (SEL) Software Market
Globally, the social emotional learning (SEL) software market
is primarily driven by government initiatives to offer digital education to
students in K -12 schools. Governments of developing countries
are increasingly engaging in digitization efforts in schools, college,
universities, and other educational institutions. Besides providing broadband
facilities, governments are also encouraging educational institutions to offer
e-learning courses. Additionally, governments and associations globally are
investing in promotion of social emotional learning as a part of core
curriculum. For instance, in May 2018, the European Commission launched new
initiatives to drive economic and social development among children and
students. Thus, increasing government initiatives toward supporting social
emotional learning in schools is expected to drive the social emotional
learning (SEL) software market during the forecast period.
Global Social Emotional Learning (SEL) Software Market:
Segmentation
Social Emotional Learning (SEL) Software Market, by
Component
- Software/Platform
- Services
- Consulting
& Integration
- Support
& Maintenance
Social Emotional Learning (SEL) Software Market, by End
User
- K – 12
- Higher
Education
- OST
Communities
Key Growth Drivers of Social Emotional Learning (SEL)
Software Market
- Growing
adoption of smart devices: Globally, the social emotional
learning (SEL) software market is primarily driven by government
initiatives to offer digital education to students in K -12 schools.
Governments of developing countries are increasingly engaging in
digitization efforts in schools, college, universities, and other
educational institutions. Besides providing broadband facilities,
governments are also encouraging educational institutions to offer
e-learning courses. Additionally, governments and associations globally
are investing in promotion of social emotional learning as a part of core
curriculum. For instance, in May 2018, the European Commission launched
new initiatives to drive economic and social development among children
and students.
- Advent
of advanced technologies: Social emotional learning software is
expected to help educational institutions improve internal collaborations
by automating activities and tasks. This results in increased productivity
and the shortening of business process cycles by managing everything
automatically. Additionally, proliferation of computing devices in the
K-12 sector is expected to boost the market growth during the forecast
period.
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