Report ID: UCMIG25R2006
Report ID:
UCMIG25R2006 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2022, the global market for social and emotional learning (SEL) was valued at USD 2.31 billion, and it is projected to exhibit a compound annual growth rate (CAGR) of 24.3% from 2023 to 2030. SEL involves the effective acquisition of attitudes, knowledge, and skills necessary to understand and manage emotions, demonstrate empathy, make responsible choices, achieve positive objectives, and maintain positive relationships for individuals of all ages, including youth and children. The COVID-19 pandemic has underscored the importance of SEL and highlighted the need for a more comprehensive approach to children's education and development. For example, in June 2021, Kinful, a web development studio that provides SEL programs, conducted a survey that found an increasing trend of schools adopting SEL programs.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Education Services by segment aggregation, the contribution of the Education Services in Consumer Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG25R2006