Online Dating Market Worth USD 3.592 Billion by the end 2025

Request a free sample report. One of the primary ways to do that is by asking the user to answer a questionnaire. This increases the probability of accurate matches and enhances the efficiency of the service. These services also allow people to search for matches without meeting them personally. Thus, low hassle in finding a partner will boost the demand for online dating services market during the forecast period. As per Technavio, the increasing number of subscribers will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over Online dating services primarily operate through a freemium model where users can register and use it for free until they request for added benefits offered under subscription models.

Online Dating Services Market Size, Trends, Growth & Outlook

The report includes market size, Y-O-Y growth analysis and structure of the overall industry based on a unique combination of industry research, fieldwork, market sizing analysis, and our in-house expertise. The market research report demonstrates market dynamics which includes growth drivers, restraining factors and opportunities and trends spearheading current nature and future status of this market.

Our general approach is to target several individuals with specific questions that we believed would satisfy our research objective. Further, to speed up the data collection process, we employed an online survey, delivered via email. The research team analyzed the results to identify potential opportunities and risks for the market.

The report entitled “Global Online Dating Market: Size, Trends and Forecast (​)” provides an in-depth analysis of the online dating market including.

Online dating comprises online services that offer a platform on which its members can flirt, chat or fall in love. In contrast to matchmaking services, online dating focuses on casual contacting and easy flirting among its members. The users normally carry out the search on their own. While doing so, they can apply search filters about criteria such as age, location and other attributes. Increasing proliferation of smartphones and rise in internet penetration are the key factors driving the online dating apps market.

Additionally, significant increase in the number of singles globally, especially in North America, Europe and Asia-Pacific is expected to spur the growth of market during forecast period. Furthermore, dating apps are quick, convenient and easy to use. Moreover, dating apps take less effort than online dating and even one can limit who contacts them by indicating their interests, thereby further fueling consumer adoption.

The global dating apps market is segmented based on age, gender, subscription, company and region. Based on age, the market can be fragmented into years, years, years and above 50 years. The years segment is projected to dominate the market since this is the ideal age when people start looking for a partner.

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Market Study Report, LLC, has recently added a report on ‘ Online Dating and Matchmaking market’ which offers a comprehensive synopsis of revolving market valuation, market size, SWOT analysis, revenue estimation and geographical spectrum of the market. The report further elucidates primary business obstacles and growth prospects within the forecasted timeline, while examining the current competitive sphere involving key players of the ‘ Online Dating and Matchmaking market’.

The Online Dating and Matchmaking market report offers a thorough evaluation of this industry space and comprises of insights pertaining to the market tendencies including current remuneration, revenue predictions, market size and market valuation during the analysis timeframe. A summary of the performance analysis of the Online Dating and Matchmaking market is stated in the document. The study also provides with information concerning the key industry trends and the estimated growth rate of the market.

The report delivers details regarding the growth opportunities and the inhibiting factors for this business vertical.

A majority of LGB adults report that they have used an online dating site or app, roughly twice the share of straight adults who say the same.

In the Online Dating Services statistical surveying study, is considered as the base year, and is considered as the estimate time frame to anticipate the market size. The report on the Online Dating Services Market gives a foot perspective on the present continuing inside the Online Dating Services market. Further, the report likewise considers the effect of the novel COVID pandemic on the Online Dating Services market and offers an away from of the anticipated market variances during the estimate time frame.

The report inspects each Online Dating Services market player as per its piece of the pie, creation impression, and development rate. SWOT examination of the players qualities, weaknesses, opportunities and threats has been covered in this report. The research report includes specific segments by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of to

Online Dating Market Could Grow to $12 Billion

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Online dating services market size is forecast to grow by USD billion during at a CAGR of 9%, with casual dating segment having the largest.

The report provides an analysis of the global online dating market by value, by volume and includes segment analysis as well. Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global online dating market has also been forecasted for the period , taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The major players dominating the online dating market are Match Group, Inc. The four companies have been profiled in the report providing their business overview, financial overview and business strategies. Online dating services serve as a platform for connecting people with similar tastes and interests. Online dating enables like-minded people to connect with each other by interacting through computer or mobile devices. Online dating services are fast and convenient and provide several other benefits as well such as tailormade search, an expanded dating and social circle and improved dating skills and prospects.

The global online dating market has been segmented on the basis of purpose, channels, devices and revenue models. On the basis of purpose, online dating has been segmented into casual relationship, socializing and marriage.

Online Dating Services Market by Type, Revenue, and Geography – Forecast and Analysis 2020-2024

There is no national trade association to police ethics and marketing practices. The Internet and dating reality TV shows The Millionaire Matchmaker, The Bachelor, and others have brought these services into the mainstream and taken the stigma out of the profession. There appears to be a service and price point for every type of lonely single person, in every age group. Online dating has its share of challenges.

Global Online Dating Software Market Size research report with COVID impact is considered to be an accurate and deep assessment of the present industrial.

While online dating was once considered taboo, the number of couples meeting online has more than doubled in the last decade to about 1-in This unique dataset charts a significant shift in the way couples meet each other, and demonstrates how our changing communication habits are driving massive growth in the online dating market. Tinder globally popularized app-based matchmaking when it launched on iPhones in , and later on Android in By , Tinder had grown to 57 million active users across the globe and billions of swipes per day.

Since the launch of Tinder, hundreds of dating services have appeared on app stores worldwide. But it might surprise you that despite the growing variety of dating options online, most popular apps are owned by just one group. Today, nearly all major dating apps are owned by the Match Group, a publicly-traded pure play that was spun out of IAC, a conglomerate controlled by media mogul Barry Diller. IAC saw the online dating trend early, purchasing early online dating pioneer Match. However, with online dating shifting into the mainstream over recent years, the strategy quickly shifted to aggressively buying up major players in the market.

If you want to sell, you should be talking to us. According to reports , Match Group now owns more than 45 dating-related businesses, including 25 acquisitions. As Match Group continues to swallow up the online dating market, it now boasts dating sites or apps in every possible niche — including the four most-used apps in the United States.

Bumble rejected the offer and by the next year, Match Group sued Bumble for patent infringement, for what some felt was a bargaining chip to force an acquisition.

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The report provides an analysis of the global online dating market by value, by volume and includes segment analysis as well. Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global online dating market has also been forecasted for the period , taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The major players dominating the online dating market are Match Group, Inc. The four companies have been profiled in the report providing their business overview, financial overview and business strategies.

With a $3 billion market size in the US, the online dating industry is dominated by large players monetizing through subscriptions or the freemium model with.

This report provides an in-depth analysis of the online dating market including a detailed description of market sizing and growth. The report provides an analysis of the global online dating market by value, by volume and includes segment analysis as well. Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global online dating market has also been forecasted for the period , taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The major players dominating the online dating market are Match Group, Inc. The four companies have been profiled in the report providing their business overview, financial overview and business strategies. Online dating services serve as a platform for connecting people with similar tastes and interests.

Global Online Dating Market: Size, Trends and Forecast (2020-2024 Edition)

Global Online Dating Software Market Size research report with COVID impact is considered to be an accurate and deep assessment of the present industrial conditions along with the overall Online Dating Software market size estimated from The study report also showcases a comprehensive analysis of the leading business programs, Online Dating Software future market share, and business-oriented planning, etc. The research report is a compilation of key data with regards to the competitive landscape of this vertical and the multiple regions where the business has successfully established its position.

This report segments the global Online Dating Software market on the basis of Types are:. For comprehensive understanding of market dynamics, the global Online Dating Software market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

The online dating services market size has the potential to grow by USD billion during

The global online dating services market report has been segmented on the basis of preference, age, gender, subscription, and region, to offer in-depth analysis of the market. Online dating, also known as Internet dating, is a platform which enables people to find and make new connections with individuals having similar interests with an aim to develop romantic relationships. Increasing adoption of smartphones and rising inclination towards online networking platforms to connect with people from different countries usually for making a romantic or sexual connection is expected to drive growth of the market to a significant extent.

In addition, increasing number of networking portals for matchmaking, coupled with shifting preference towards new options such as matchmaking sites by parents to search for a fit spouse for their offspring is another key factor expected to support growth of the market in the years to come. Moreover, millennials are being very conscious when it comes to finding their better halves and consider it very important to take into account the perception of the other person towards certain aspects in life, and check on common liked or dislikes to conclude on compatibility.

Furthermore, rising number of single parent, and need for connecting with someone with similar interests and life experiences for casual or adult dating is projected to fuel growth of the target market. However, increasing number of distrust issues due to wrong information provided on profile may affect credibility and result into low adoption of online dating sites to a certain extent.

Increasing focus of service providers on collecting identity proof and references for proper background check before the user opens an account can create trust worthiness among users and lead to significant revenue growth opportunities for service providers in the target market. One of the macro trends observed in the global online dating services market is that key players are focusing on adopting high-end technology for development of apps or websites in order to offer enhanced user experience and sustain in the market with large customer base.

Among the service type segments, the social dating services segment is estimated to account for comparatively higher revenue share. This can be attributed to increasing preference for social dating specifically by millennials where individuals look for instant hookups, casual dating, or maybe just chatting. Among the subscription segments, the quarterly subscription is most preferred currently, which has encouraged major companies to provide lucrative offers for quarterly subscription plan in order to increase the number of subscribers on this plan.

For instance, eHarmony and Tinder are among the providers who offer remunerative plans to subscribers opting for quarterly subscription for more than one time. The market in North America is expected to dominate in the global market in terms of revenue over the forecast period, owing to high adoption of Online Dating Services and related products, coupled with consciousness regarding appearance among population in countries in the region.

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