Global Social and Emotional Learning Market Size USD 11,838 Million By 2030 | CAGR of 24.25%

Introduction

Social-emotional learning (SEL) fosters the self-awareness, self-management, and interpersonal skills necessary for academic, occupational, and life success. Social and emotional learning (SEL) is an educational approach that assists children and adults in acquiring socio-emotional skills, such as understanding and managing emotions, setting and achieving positive goals, and establishing meaningful relationships. The United States-based organization Collaborative on Academic, Social, and Emotional Learning (CASEL) identifies personality, social intelligence, interpersonal relationship, self-management, and responsible decision-making as the five core competencies of SEL. According to a global CASEL study, SEL improves children's academic performance, classroom behavior, and long-term employment prospects.

Multiple international governments and organizations are essential for promoting social and emotional learning in the core curriculum. In the United States, federal policy plays a vital role in fostering conditions that facilitate the statewide and districtwide implementation of SEL so that all children may reap its benefits. Social-emotional learning is a critical component of a well-rounded education, and there is evidence that it contributes to the academic performance of adopted students. The study of meta-analysis findings by CASEL from a survey of 213 school-based SEL programs involving 270,034 kindergarteners through high school students revealed, for instance, that evidence-based SEL programs produce a wide range of positive outcomes for students, including improved attitudes, decreased behavioral issues, and increased academic performance.

Market Dynamics

The Increasing Initiatives by Government Organizations to Drive the Global Social and Emotional Learning Market

International organizations such as UNESCO, OECD, and the World Bank are pivotal in advancing the global agenda for SEL skill transmission. Numerous nations' education reform agendas receive funding and other support from these organizations, such as policy frameworks. UNESCO, for instance, plays a significant role in the management of the World Education Forum 2000 by contributing to the formulation of the 2030 education agenda and Sustainable Development Goals of the United Nations. In addition, UNESCO has assisted in mainstream early childhood education and development on a global scale. Similarly, the World Bank initiated STEP (Abilities Toward Workplace and Productivity), a study that collects information on technical, fundamental, and social and emotional abilities through employment interviews. STEP facilitates the global comparison of skill-related data and the identification of skill gaps.

Governments have increased spending on students' social and emotional well-being in recent years. This is particularly true in the three largest economies of North America, Europe, and Asia. In recent years, additional funding has been allocated to several initiatives. According to the United States Department of Education, the Biden-Harris administration has taken several steps toward reopening most K-8 schools within their first 100 days in office. In addition, governments are urging schools to incorporate SEL into their curricula. Scotland and Wales, for instance, have created innovative curricula that take an integrated approach to incorporating social and emotional skills into their required curricula. It is anticipated that government actions in Asia-Pacific emerging markets will increase the demand for SEL solutions and services, thereby driving their adoption by schools, educational institutions, and government educational authorities.

The Investments and Demand for SEL to Create Global Social and Emotional Learning Market Opportunities

EdTech investments are gaining momentum globally, with venture capitalists, angel investors, and other organizations eager to participate. Expectations are that the Asia-Pacific region will be at the center of the global investment frenzy in EdTech companies. The Asia-Pacific investment pattern is expected to serve as a template for future investments, attracting most global investments in education solution providers. Moreover, regional vendors strategically emphasize collaborations, acquisitions, and alliances. Multiple studies have found that the implementation of SEL solutions in elementary schools has a positive impact on the growth of students. As demonstrated by more than two decades of research, education emphasizing social and emotional learning (SEL) positively impacts education. Therefore, there is an active demand for SEL in schools and other educational institutions. This propels the market for social and emotional learning, creating future opportunities.

Regional Insights

North America will command the market with the largest share while growing at a CAGR of 23%. In North America, numerous proponents of SEL-based learning with regional deployments exist. To persuade as many schools and institutions as possible to incorporate SEL into their curricula, the major players in the region reestablish ties and collaborations to encourage as many schools and institutions as possible to do so. In 2020, organizations such as the Collaborative for Academic, Social, and Emotional Learning (CASEL) and the Yale Center for Emotional Intelligence released materials and advice to assist educators in coping with the stress of distance learning and adapting to the new reality.

The American Federation of Teachers (AFT) provides teachers and students in the United States with practical online educational tools. The AFT has compiled helpful resources for educators and parents to support children's social and emotional needs. In 2021, Aperture Education also acquired Ascend, a goal-based student engagement software developer based in Charlotte, in response to rising demand. The acquisition allows Aperture to expand its high school SEL offerings by providing districts and after-school programs with a mobile-friendly software platform to engage students in their social and emotional development. These factors drive the North American market for social and emotional learning.

Europe will expand at a CAGR of 25.5% and hold USD 4,912 million. In Europe, standards for social and emotional learning are being established. The focus is on developing a small number of the most crucial SEL skills and competencies that children must acquire and developing frameworks for schools and educators to accommodate these processes. Several European government regulations and policy documents aim to foster individuals' social and emotional growth. Following the Children's Act of 2004, the Every Child Matters initiative in the United Kingdom focuses on five core outcomes: safety, health, enjoyment and achievement, positive contribution, and economic well-being. Most European nations consider social and emotional skills (SES) as individual "competencies" in most European countries. These include relationship building and management, resilience, the ability to influence and negotiate, initiative, teamwork, and leadership skills, as well as being creative, imaginative, adaptable, and resourceful.

Key Highlights

• The global social and emotional learning market had a revenue share of USD 2,084 million in 2021, presumed to reach USD 11,838 million, expanding at a CAGR of 24.25% during the forecast period. 
• Based on the component, the solutions section is projected to advance at a CAGR of 23.1% and hold the largest market share.
• Based on end-user, the elementary school section is projected to advance at a CAGR of 22% and hold the largest market share.
• Based on regional analysis, North America will command the market with the largest share while growing at a CAGR of 23%.

Competitive Players

Competitive Players in the Market

• motional ABCs Inc.
• EVERFI Inc.
• Committee For Children (Second Step)
• The Social Express Inc.
• Everyday Speech
• Peekapak Inc.
• Purpose Prep. (Weld North LLC)
• Nearpod Inc.
• Aperture Education LLC
• Kickboard Inc.
• Taproot Learning
• Rethink ED (Rethink Autism Inc.)
• Evolution Labs
• Panorama Education
• BASE Educational Services Pvt. Ltd

Recent Developments

Market News

• In 2022, Committee For Children (Second Step) launched a new learning module, part of its Second Step® SEL for Adults professional development program for K–12 educators and leaders. 

Segmentation

Global Social and Emotional Learning Market: Segmentation

By component

• Solutions
• Services

By end-user

• Pre-K
• Elementary School
• Middle and High Schools

By region

• North America
• Europe
• Asia-Pacific
• Rest of the World