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.
More recently, a plethora of market-minded dating books are coaching singles on how to seal a romantic deal, and dating apps, which have rapidly become the mode du jour for single people to meet each other, make sex and romance even more like shopping. The idea that a population of single people can be analyzed like a market might be useful to some extent to sociologists or economists, but the widespread adoption of it by single people themselves can result in a warped outlook on love.
M oira Weigel , the author of Labor of Love: The Invention of Dating , argues that dating as we know it—single people going out together to restaurants, bars, movies, and other commercial or semicommercial spaces—came about in the late 19th century. What dating does is it takes that process out of the home, out of supervised and mostly noncommercial spaces, to movie theaters and dance halls.
The application of the supply-and-demand concept, Weigel said, may have come into the picture in the late 19th century, when American cities were exploding in population.
Industry Trends. The online dating industry has grown dramatically over the past decade, primarily in response to technological shifts. A few of.
It might be hard to imagine or remember, but there was once a time when going on a date with a stranger you met online was a strange concept—frowned upon, even. Today, however, millennials have led the charge on transforming the dating industry and making online dating universally accepted. If you continue to have doubts, consider that there are now over 1, dating apps or websites looking to draw single men and women to their product, and to match them with one another.
Though matchmaking is one of the oldest industries in existence, online matchmaking is now having a moment of its own. This article explores the business of dating: the market size of dating apps in the U. According to the Pew Research Center , between and , online dating usage has tripled among those between the ages of 18 and Beyond its existing users, dating services benefit from tailwinds such as an untapped market, increasing millennial spending power, young people delaying life milestones such as marriage and home purchasing, as well as working longer hours.
This is all on top of the growing ubiquitousness of broadband internet and growing acceptance and legitimacy around online dating. While few would be surprised to hear that young adults are active with online dating, they might be when they realize that those in their late 50s and 60s are also quite active. According to Nielsen data, one in 10 American adults spends more than an hour a day on a dating app.
What do the numbers tell us? According to MarketWatch , online dating has become the most popular form of dating for homosexuals, and the second most popular way to meet partners for heterosexuals after meeting through friends.
Valuation Guide: Online Dating Industry
Reading Support In the year a share of. The Users by age box shows the age distribution of users of the dating market dating segment, region in age groups. The data is based on Statista’s Online Trends Survey. The Users by gender box shows the gender distribution of users of the selected market market segment, region. Dating in countries not covered by industry Global Consumer Online refer to the superordinate online region.
The proliferation of broadband internet connections and greater cultural legitimacy surrounding online dating has helped the industry rise. Furthermore, companies.
Invalid Name. Invalid Email. Invalid contact no. Invalid Security Code. The dating service industry has exhibited strong growth in terms of sales, and has been evolving continuously over the past couple of decades. This is attributable to rise in number of singles around the globe, especially in North America, Europe, and Asia-Pacific. Surge in internet penetration around the globe has resulted in significant growth of the online dating services market. This has given immense opportunity for service providers to gain traction among their target customers by coming up with customized features that cater to the needs of customers.
Get more information on this report : Request Sample Pages. Millennials are specific and conscious to find their significant other, taking into account of the second persons perception toward life, like-minded perception on various aspects, and other such common like or dislikes. This has boosted dating service providers on innovating their services that match customer expectations. Various online dating services providers are using artificial intelligence to provide guidance or suggestion to their customers on whether to go on a first date with person that they have met online.
For instance, recently, eHarmony, one of the key players in online dating services market, announced on developing an AI-enabled feature that nudges users to suggest meeting in person after they have been chatting in the app for a while.
This rising popularity has lead to a huge global user population of up to M people using dating platforms. Recently we decided to enter this market in our own company JoySpot , so I started studying this market heavily to learn how can a Startup penetrate it and be competitive versus titans like Tinder. Hope you enjoy! The online dating platforms can be divided into two dimensions regarding the strategy they use: one is the concept differentiations and another is the market focus and we can see that in the image below.
The global online dating services market was valued at $6, million in , and is projected to reach $9, million by , growing at a CAGR of %.
Student thesis : Master thesis. Many new dating sites are started each year but few become a success. This paper provides an analysis, evaluation and recommendations for startups seeking to enter and compete the online dating industry. Methods of analysis include an industry analysis of the general online dating industry, further investigation of 35 of the major dating sites as well as five in-depth case studies. A ranking of the most popular dating sites is found in the appendix.
We found that each dating site had individual and unique concepts as well as a particular market focus. This led us to identify that each site could be placed in a quadrant within a framework we developed.
Online Dating Industry: The Business of Love
In the last few years, the service sector has boomed tremendously. With the growth of Internet penetration throughout the world, the service industry has developed through the use of its online service for comfortable and simple access. The online dating sector has pursued the same trend. Online dating service provides an optimal platform for consumers to communicate via computer or mobile apps with interested individuals.
New Jersey, United States,- The Online Dating Market report upholds the future market predictions related to Online Dating market size, revenue, production, Consumption, gross margin, and other substantial factors. It also examines the role of the prominent Online Dating market players involved in the industry including their corporate overview. While emphasizing the key driving factors for the Online Dating market, the report also offers a full study of the future trends and developments of the market.
The recently documented report on the Online Dating market is a detailed analysis of this business landscape and contains important details regarding the present market trends, current revenue, market size, industry share, periodic deliverables, alongside the profit anticipation and growth rate registered during the estimated timeframe. A thorough inference pertaining to the performance of the Online Dating market over the forecast period, along with the key factors driving the market growth is enclosed in the report.
It also delivers information about the market dynamics and focusses on the challenges encountered by the business vertical while providing a brief about the growth opportunities prevailing in the market over the analysis timeline. The essence of the regional bifurcation of the business sphere presented in the report:. Additional insights about the competitive landscape of the Online Dating market:. The Online Dating market report encompasses a comprehensive analysis of the key facets including market concentration ratio.
Online Dating Market By Services, By Subscription, By Demographics, By Geography & Forecast
Analysis and Industry Forecast, –”. According to the report, the global online dating services market was pegged at $ billion in.
Market Study Report, LLC offers a latest study on ‘ Online Dating and Matchmaking market’ featuring a holistic view of the market size, industry share, profit estimates, SWOT analysis and the regional landscape of the business. The report precisely expounds key challenges and future growth prospects of the market, while highlighting the current competitive scene and analyzes the expansion strategies adopted by leading market players. The recent study on the Online Dating and Matchmaking market contains a detailed assessment of the business arena with respect to the various market divisions.
This report also evaluates the impact of Covid outbreak on the Online Dating and Matchmaking industry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid effects on Online Dating and Matchmaking market growth forecast based on different scenario optimistic, pessimistic, very optimistic, most likely etc. Key insights about the industry size, growth rate forecasts, and sales volume have been compiled in the report.
Online Dating and Matchmaking market is split by Type and by Application. For the period , the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets. Online Dating and Matchmaking competitive landscape provides details by vendors, including company overview, company total revenue financials , market potential, global presence, Online Dating and Matchmaking sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch.
For the period , this study provides the Online Dating and Matchmaking sales, revenue and market share for each player covered in this report. Additional takeaways of the Online Dating and Matchmaking market report are listed below:.
Online Dating Services Market 2025 | Industry Analysis & Regional Revenue
Reading Support The Online Dating segment is expected to show a revenue growth of Reading Support In the Online Dating segment, the number of users is expected to amount to Reading Support User penetration in the Online Dating segment will be at 2.
Our reports on global online dating services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges,.
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.