COVID-19 Impact on Social and Emotional Learning (SEL) Market

Committee for Children (US) and EVERFI (US) are Leading Players in the COVID-19 Impact on Social and Emotional Learning (SEL) Market

In an optimistic scenario, MarketsandMarkets expects the COVID-19 impact on the global social and emotional learning (SEL) market size to grow from USD 1.5 billion in 2020 to USD 3.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 18.6% during the forecast period. Major factors driving the growth of the COVID-19 impact on the global social and emotional learning (SEL) industry includes higher adoption of social and emotional learning tools in Q4 of 2020 and Q1 of 2021, and the promotion of SEL by government organizations and improvement in school environment, citizenships, and relationships admist the crisis.

Key market players profiled in this report include Committee for Children (US), EVERFI (US), Everyday Speech (US), Peekapak (Canada), Nearpod (US), Evolutions Labs (US), Rethink ED (US), Hoonuit (US), and Illuminate Education(US). These players have adopted various growth strategies, such as partnerships and new service launches, to expand their presence in the SEL market and broaden their customer base.

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Committee for Children (US) is one of the world’s largest providers of research-based SEL programs to schools and districts. The organization offers SEL programs with the brand name, Second Step. Currently, this organization reached more than 15 million students across 70 countries annually. Second step is a program rooted SEL that helps schools build supportive, successful learning environments uniquely equipped to encourage children to thrive. More than just a classroom curriculum, Second Step’s holistic approach provides education professionals, families, and large communities with tools to enable them to take an active role in the social-emotional growth and the safety of today’s children. The second step is available for pre-K, K-5, and middle school students with developmentally appropriate lessons and reinforcement tools. The SEL programs help students and adults in coping with and recovering from the extreme stress and trauma of the COVID-19 pandemic. CFC provides various free resources for educators and families, supporting the social-emotional skills and well-being of children and adults. Some of the free resources are Free SEL Activities, Second Step SEL Passport, The Imagine Neighborhood, Mind Yeti, Little Children, Big Challenges, Captain Compassion, Hot Chocolate Talk, ParenTeen Connect, and SEL Posters.

EVERFI (US) drives its business through Software-as-a-Service (SaaS)-based educational software across financial institutions, higher education (colleges and universities), corporates and NPOs, and sports and entertainment companies. Amidst the COVID-19 crisis, the company is providing a catalog of digital learning resources for bringing meaningful remote learning to students focusing on social-emotional learning, health and wellness, financial capability, and career readiness. In May 2020, EVERFI joined hands with six sports leagues to launch, EduCup, the first-of-its-kind education challenge for students who are homebound during the COVID-19 pandemic throughout the US and Canada. The six sports leagues include Major League Baseball, Major League Soccer, National Football League in partnership with United Way Worldwide, National Hockey League in partnership with National Hockey League Players’ Association, National Lacrosse League, and Premier League. This competition has helped K-12 students to engage in learning and healthy habits through EVERFI courses. Truist Financial Corp. has announced its partnership with EVERFI to launch an online program to teach literary skills.

Related Reports:

COVID-19 Impact on Social and Emotional Learning (SEL) Market by Component (Solutions and Services), Type (Web and Application), End User (Pre-K, Elementary Schools, and Middle and High Schools), and Region - Global Forecast to 2025

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Report Code
TC 7698
RI Published ON
7/6/2020
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