Online dating growth

online dating growth

How big is the global online dating market?

Since the launch of Tinder, hundreds of dating services have appeared on app stores worldwide. Investors are taking notice of this booming market, while analysts estimate the global online dating market could be worth $12 billion by next year.

How successful is online dating?

Here are some more statistics on the success of online dating: Using online dating apps, 71% of users say that it’s easy to find people they were physically attracted to. 1 in 6 marriages begins online. Couples that have met on eHarmony have a divorce rate of 3.86%.

Which age groups are most likely to use dating apps?

Millennials make up the largest sector of online dating users, with 36% of people aged 18 to 29 saying that they’ve used an online dating service or app. College graduates and people with college-level education are more likely (35%) to use dating apps.

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)

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 big is the global revenue of dating services?

The global revenue of matchmaking dating services is estimated at nearly 655 million U.S. dollars in 2020 and will hit over 2.5 billion U.S. dollars by 2024. Online revenue forecast for Dating Services worldwide until 2024

What is the segmentation of global online dating market?

Global Online Dating Market is segmented based on Service, Subscription, Demographics, And Geography. To Get Summarized Market Report By Service:- Download Sample Report Now Based on Service, the market is bifurcated into Matchmaking, Social Dating, Adult Dating, and Niche Dating.

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

How many people use online dating in the world?

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)

How big is the online dating industry in 2021?

In 2017, the worldwide online dating revenue reached $779 million. Experts expected the industry to reach a revenue of $973 in 2020 with a growth rate of 24.9%. Using 2017 as the baseline, the industry’s revenue is poised to reach $1.02 billion in 2021. (Statista, 2019)

How many people use dating apps in the US 2020?

(Morning Consult, 2020) However, other experts predict that the number of smartphone dating app users will decrease when the pandemic is over. From 26.6 million users in the US in 2020, the number will likely drop to 24.5 million in 2021 but likely break the 25.5 million mark by 2023.

What are the most popular online dating services in 2020?

The most popular ones are, of course, streaming services such as Netflix (19%) and Amazon Prime Video (13%). However, experts also saw an uptick in online dating services subscriptions. Since the lockdown, there was a 2% uptick in subscriptions to online dating services for Tinder, Match, and Badoo—and 1% for eharmony. (Statista, 2020)

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