Dating Site Market Trends

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Online Dating Market Size, Trends, Share And Forecast
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Online Dating Market Size And Forecast . According to Verified Market Research, the Global Online Dating Market was valued at USD 6,951 .22 Million in 2019 and is projected to reach USD 10,378 .67 Million by 2027, growing at a CAGR of 4 .98% from 2020 to 2027 . People nowadays are specific about finding their partner, they take into account the partner's perception toward life, like-mindedness of critical aspects, and likes & dislikes .
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 .
Dating apps enjoy immense popularity across all regions in the world . In the US alone, experts predict a user base of 35 .4 million paying and non-paying users for these apps by 2024 . As of 2019, there are 30 .4 million online dating users in the US . This number is expected to grow to 35 .4 million by 2024 . 30% of US adults have used a dating site or app .
The major players dominating the online dating market are Match Group, Inc ., Spark Networks SE, ProSiebenSat .1 Group (eHarmony) and Bumble . The four companies have been profiled in the report . . .
Online Dating Industry Market Size . According to research firm IBISWorld, dating services in the US will be a $3 billion a year business in 2018, growing since the previous year . Around 15% of US adults, or around 50 million Americans, say that they have or continue to use websites or mobile dating apps in their pursuit of romance . While these numbers are promising, it's interesting to note that some sources indicate that revenue growth for the industry is projected to slow through 2022 .
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment . Click & Get a Free sample report in minutes . . .
The major players dominating the online dating market are Match Group, Inc ., Spark Networks SE, ProSiebenSat .1 Group (eHarmony) and Bumble . The four companies have been profiled in the report . . .
The problem with this trend is that it's based almost solely on physical attraction from the outset - few take note of written profiles . Of course, attraction is hugely important; however, it's not enough to lay the foundations of a real relationship . Perhaps a dating app that takes the opposite approach wouldn't go amiss; something that only allows people to base their decision on a snippet . . .
Badoo also captures the most search traffic by volume, followed by The Match Group's OKCupid, PlentyOfFish and its original online dating site , Match . Spring ushers in a renewed interest in romance, with search traffic to online dating websites budding in March and April, then blooming in May .
Find industry analysis, statistics, trends , data and forecasts on Dating Services in the US from IBISWorld . Get up to speed on any industry with comprehensive intelligence that is easy to read . Banks, consultants, sales & marketing teams, accountants and students all find value in IBISWorld .
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Dating Site Market Trends

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