Asia Pacific Social and Emotional Learning (SEL) Market By Component (Solution and Services), By Type (Web-based and Application), By End User (Elementary Schools, Middle & High Schools and Pre-K), By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027
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Market Report Description
The Asia Pacific Social and Emotional Learning (SEL) Market would witness market growth of 21.4% CAGR during the forecast period (2021-2027).
The demand for social and emotional learning solutions is expected to fuel due to the surging requirement for social and emotional well-being in the education industry. Several education institutions and schools are intending to make their students more successful and accomplished individuals who can handle situations in the real world, by giving them more emotional and social context without carried away by loneliness. Hence, SEL is becoming a must-have in the school curriculum from the initial stages to high school.
The increased support & awareness programs initiated by the government are estimated to spur the growth of the SEL solutions during the forecast period. Additionally, SEL assists students to develop crucial soft skills to effectively manage their emotions & feelings and build strong relationships with other individuals in the school and society. Hence, government organizations are majorly focusing on child education by introducing SEL programs in the academic curriculum, from early elementary to higher education.
The growing awareness among the students and educators about the importance of social and emotional learning programs in the education curriculum would bolster the growth of the regional SEL market in the coming years. In addition, the increasing adoption of various latest technologies, solutions by the schools and other educational institutions are among the major factors that boost the growth of the regional social and emotional learning market in the forecast period.
Although, the lack of proper infrastructure and IT support would hinder the growth of the regional social and emotional learning market during the forecast period. In addition, the high focus on the academic than additional SEL programs in emerging nations like India is estimated to hamper the growth of the regional social and emotional learning market in the forecast period.
The China market dominated the Asia Pacific Application Social and Emotional Learning (SEL) Market by Country 2020, thereby, achieving a market value of $158.4 million by 2027. The Japan market is showcasing a CAGR of 22.5% during (2021 - 2027). Additionally, The India market is anticipated to witness a CAGR of 23.8% during (2021 - 2027).
Based on Component, the market is segmented into Solution and Services. Solutions Segment is further bifurcated across SEL Platform and SEL Assessment Tool. Based on Type, the market is segmented into Web-based and Application. Based on End User, the market is segmented into Elementary Schools, Middle & High Schools and Pre-K. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Committee for Children, Playworks, Panorama Education, Illuminate Education, Inc. (Insight Venture Partners), Weld North Education LLC, The Language Express, Inc. (The Social Express, Inc.), Aperture Education, 7 Mindsets, Peekapak, and Wings for Kids.
Scope of the Study
Market Segments Covered in the Report:
- SEL Platform
- SEL Assessment Tool
By End User
- Elementary Schools
- Middle & High Schools
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Committee for Children
- Panorama Education
- Illuminate Education, Inc. (Insight Venture Partners)
- Weld North Education LLC
- The Language Express, Inc. (The Social Express, Inc.)
- Aperture Education
- 7 Mindsets
- Wings for Kids
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