Global online dating market

global online dating market

How big is the global online dating market?

Request Now ! The global online dating services market was valued at $6,400.0 million in 2017, and is projected to reach $9,202 million by 2025, growing at a CAGR of 4.7% from 2018 to 2025. The dating service industry has exhibited strong growth in terms of sales, and has been evolving continuously over the past couple of decades.

Which region dominated the global dating services market in 2020?

North America dominated the global market in 2020 with a revenue share of over 35%. The proliferation of smartphones and the growing usage of the internet in the region is emerging as the key factor driving the market growth. Busy schedules have also contributed to the growing popularity of dating services.

How popular are online dating services in the US?

In the US, there were more or less 30.4 million online dating service users. This number is expected to reach 35 million come 2024 (Statista, 2020) Online dating services are basically interest-based social networks. And, as social media trends show, social networks will remain popular for the foreseeable future.

Why is the online dating market turning out to be competitive?

This kind of population prefers being in a nonmonogamous relationship rather than being in a long-term relationship. For them, online dating services sights as an ideal platform. Thus, the online dating services market is turning out to be highly competitive.

How big is the online dating market in the US?

Revenue in the Online Dating segment is projected to reach US$3,677m in 2022. Revenue is expected to show an annual growth rate (CAGR 2022-2025) of 6.56%, resulting in a projected market volume of US$4,449m by 2025. In the Online Dating segment, the number of users is expected to amount to 478.5m users by 2025.

How many online dating users are there in 2021?

In 2019, there were about 219.7 million online dating sites or app users around the world. The number is expected to reach 234.1 million in 2021 and reach 276.9 million in 2024. (Statista, 2020) In the US, there were more or less 30.4 million online dating service users. This number is expected to reach 35 million come 2024 (Statista, 2020)

How has the online dating industry changed since 2017?

This includes the online dating industry, which has been growing since 2017 at a really high pace. While every other industry seems to have mostly been negatively affected by the outbreak, the online industry has gotten stronger. In 2017, the worldwide online dating revenue reached $779 million.

What is the online dating market valuation in 2020?

Online Dating Market is projected to reach USD 10,378.67 Million by 2027, growing at a CAGR of 4.98% from 2020 to 2027. What is Online Dating Market?

What is the value of the online dating market?

The global online dating services market was valued at $6,400.0 million in 2017, and is projected to reach $9,202 million by 2025, growing at a CAGR of 4.7% from 2018 to 2025. The dating service industry has exhibited strong growth in terms of sales, and has been evolving continuously over the past couple of decades.

How has the online dating industry changed since 2017?

This includes the online dating industry, which has been growing since 2017 at a really high pace. While every other industry seems to have mostly been negatively affected by the outbreak, the online industry has gotten stronger. In 2017, the worldwide online dating revenue reached $779 million.

What are the factors restraining the growth of online dating market?

Scammer’s abuse, publishing intimate photos, attacks, and criminal cases are the factor restraining the online dating market growth. Global Online Dating Market is segmented based on Service, Subscription, Demographics, And Geography. To Get Summarized Market Report By Service:- Download Sample Report Now

Is online matchmaking a business?

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.S., the industry’s biggest players, and how these products actually make money (if they even do).

Related posts: