CHICAGO, Oct. 12, 2023 (Globe Newswire) — global social and emotional learning market Its size is projected to increase 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 from MarketsandMarkets™. Increasing awareness of cyber risks among organizations and the need to proactively manage and mitigate those risks is contributing to the increased adoption of cybersecurity insurance.
See detailed table of contents.social and emotional learning market”
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Social and Emotional Learning Market Dynamics:
driver:
- We focus on the comprehensive development of students.
- Increased adoption of distance education solutions.
- The need for social and emotional well-being in educational institutions.
- Expanding government support and awareness programs.
- Promote social consciousness among employees within your organization.
- Pervasive computing in the K-12 sector.
Restraint:
- Emerging countries lack adequate infrastructure.
- Emerging countries have a shortage of education budgets.
opportunity:
- Demand for new learning models as technology advances.
- The emergence of AI, AR, and VR learning trends in the K-12 sector.
List of major companies in the Social and Emotional Learning market:
- Children (USA)
- Everfi (USA)
- Nearpod (USA)
- Illuminate Education (USA)
- Panorama Education (USA)
- School Mint (USA)
- Nucera (USA)
- Playworks (USA)
- Wings for Kids (USA)
- Rethinking Ed (USA)
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The growth of the social and emotional learning market is driven by several factors, including the growing need for social and emotional well-being in educational institutions, increased focus on the complete development of students, and expansion of student support and awareness programs. This may be due to a number of factors. These include governments, the prerequisites for socially conscious employees in organizations, increasing social and emotional distance, and the proliferation of computing in the K-12 sector.
The scope of this report covers a study that provides an analysis of the global Social and Emotional Learning market based on modern market trends and developments and potential growth from 2017 to 2027. The global social and emotional learning market has been segmented on the basis of components. Solutions, Services, Types, Users, and Regions. Market size is estimated based on approximating the market shares of key vendors in the Social and Emotional Learning market. The market size will be constructed from 2022 to 2027 using 2021 as the base year.
Government initiatives, widespread computing, significant capital investments by educators, improved school environment, citizenship, and human relationships are the major factors contributing to the growth of the SEL market. However, end users increasingly face challenges related to their SEL implementation. Advances in technology such as the cloud, AI, AR, VR, and IoT are expected to provide educators with immersive learning experiences for their students. This creates opportunities in the SEL market.
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