The Latin America, Middle East and Africa Social and Emotional Learning (SEL) Market would witness market growth of 23.9% CAGR during the forecast period (2021-2027).
With the constant technological advancements, various industries have witnessed a surge in growth including the education sector. Various education institutions and educators are increasingly leveraging these advancements to impart better education and hence establishing their place in the industry. The social and emotional learning market is anticipated to acquire a significant growth rate due to the fact that education policymakers across the globe are engaged in efforts and initiatives that can improve the emotional health of the students.
the education sector, the rising government initiative to encourage the adoption of social and emotional learning, and the introduction of various advanced technologies. However, the dearth of knowledge regarding the process and the need for a high budget for deploying social and emotional learning solutions would hamper the growth of the social and emotional learning market.
Social and emotional learning is very important for students and adults due to the various benefits like improved confidence, positive relationship building, and many others, which is estimated to motivate educators to implement SEL solutions for better emotional and mental health. Additionally, rising government initiatives to aware people regarding the importance of SEL solutions would augment the growth of the regional market.
However, the budget constraints of the government to allocate funds on building improved education infrastructure would hamper the demand for SEL solutions in this region. Along with that, the high focus on academic studies than other skills is anticipated to restrict the growth of the regional market in the forecast period. Moreover, various government initiatives about creating awareness about the importance of maintaining emotional and mental well-being would spur the growth of the regional market in the coming years.
The Brazil market dominated the LAMEA Middle & High Schools Social and Emotional Learning (SEL) Market by Country 2020, thereby, achieving a market value of $40.9 million by 2027. The Argentina market would witness a CAGR of 24.8% during (2021 - 2027). Additionally, The UAE market is expected to witness a CAGR of 23.9% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Social and Emotional Learning Market is Predict to reach USD 5.8 Billion by 2027, at a CAGR of 19.2%
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.
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