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The rising importance of social as well as emotional skills in education will accelerate the market expansion. In recent years, a large number of policymakers, educators, and parents have been focusing on social and emotional learning (SEL) as it plays a key role in student development, well-being, and academic success.
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Social and Emotional Learning Market Trends, Analysis & Forecast, 2032
Industry Insights • As per a recent research report, Social and Emotional Learning Market to surpass USD 16 Bn by 2032. The rising importance of social as well as emotional skills in education will accelerate the market expansion. In recent years, a large number of policymakers, educators, and parents have been focusing on social and emotional learning (SEL) as it plays a key role in student development, well-being, and academic success. • The influx of digital platforms, apps and online tools for engaging and interactive learning experiences, facilitating data tracking and analysis, and providing personalized instruction has made way for multiple opportunities for enhancing SEL implementation. However, the dearth of universally accepted frameworks and evaluation methods may limit the development of evidence-based practices, further posing as a restraint for the market growth.
Social and emotional learning industry from the service segment will witness more than 22.5% CAGR from 2023-2032. Several service providers are providing consultation services to assist schools and districts in understanding the importance of social and emotional learning while assessing their needs and developing tailored strategies for successful implementation. Of late, there have been rising number of SEL initiatives that are aligned with the specific requirements and goals of each institution. The increasing obligation of seeking guidance and consultation by educational institutions will also add to the segment growth. Social and emotional learningmarket from the application segment will observe over 22% CAGR till 2032. The growth can be attributed to the growing need for highlighting the versatility as well as broad impact of social and emotional learningacross various contexts. To assist providers in developing tailored resources, curricula, and assessment tools that are specific to each application type, the adoption of SEL programs is increasingly growing in diverse settings.
Regional Analysis • APAC social and emotional learning market is estimated to record more than USD 5 billion by 2032 driven by the rising enforcement of education system reforms for prioritizing holistic education and student well-being. For instance, Singapore and South Korea unveiled various policies for integrating SEL into their national curricula. The increasing demand for SEL programs, training as well as resources for supporting the adoption of new educational frameworks will also drive the regional market growth. • Competitive Analysis • Evolution Labs, Growing Leaders, Illuminate Education, Move This world, Nearpod, Newsela, Panorama Education, Pear Deck, Playworks, Positive Action, Rethink ED
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