Dating industry market trends

dating industry market trends

How big is the online dating industry in the US?

As per Statista, the revenue in the online dating segment in the United States is anticipated to reach US$829m in 2022. The revenue will reach around $901m by 2025. These figures clearly indicate that the online dating industry will reach a gigantic height in the upcoming years.

What is the future of the online dating market?

As per MarketWatch, the online dating market size is expected to cross $10,378 Million by 2026. The online dating industry has observed tremendous growth over the past few years. We would notice higher growth of the industry in the years to come. Some essential factors indicate that the dating industry will have a large market size in the future.

How has the dating industry changed over the years?

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.

What will be the revenue of the online dating segment in 2022?

According to Statista, the revenue of the online dating segment is expected to reach US $ 3,677m in 2022. Further, the revenue will grow at a CAGR of 6.56% between 2022 to 2025 and reach US $4,449m by 2025. As per Statista, the revenue in the online dating segment in the United States is anticipated to reach US$829m in 2022.

What is the size of the online dating market?

According to AlliedMarketResearch, the worldwide dating market size was about US $7.05 billion in 2020 and it is anticipated to grow at a compound annual growth rate (CAGR) of 5.6% between 2021-2028. As per MarketWatch, the online dating market size is expected to cross $10,378 Million by 2026.

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.

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 future of online dating industry?

The online dating industry has observed tremendous growth over the past few years. We would notice higher growth of the industry in the years to come. Some essential factors indicate that the dating industry will have a large market size in the future.

What will be the revenue of the online dating industry in 2022?

Further, the revenue will grow at a CAGR of 6.56% between 2022 to 2025 and reach US $4,449m by 2025. As per Statista, the revenue in the online dating segment in the United States is anticipated to reach US$829m in 2022.

What is the size of the online dating market?

According to AlliedMarketResearch, the worldwide dating market size was about US $7.05 billion in 2020 and it is anticipated to grow at a compound annual growth rate (CAGR) of 5.6% between 2021-2028. As per MarketWatch, the online dating market size is expected to cross $10,378 Million by 2026.

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.

Which countries use online dating services the most?

The United States is the country with the highest percentage of its population using online dating services (approximately 53 million people), translating to a penetration rate of 15.7 percent. It is also the country in which the segment generates the most revenue, with an expected market size of $829 million in 2022.

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