Mobile Dating Market Research
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Revenue in the dating app market has increased at a steady rate, powered primarily by Tinder and Bumble, which have captured the most profitable region, North America . All dating apps covered in this sector profile use a freemium model which removes limitations, such as the amount of swipes, alongside providing ways to skip the matchmaking algorithm .
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 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 .
An analysis of the U .S . mobile dating app industry from its inception in 2007 to its phenomenal shakeout in 2013 demonstrates that Tinder changed the game — quite literally . As in other cases of industry disruption , dating app upheaval illustrates that newcomers need to compete by transforming noncustomers into customers rather than challenging incumbents for the established mainstream market .
The Global Online Dating Services Market size is expected to grow from USD 6,457 .73 Million in 2019 to USD 8,882 .37 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 5 .45% . . .
This statistic gives information on the mobile dating market revenue in the United States from 2009 to 2011 with forecast until 2017 . In 2009, the annual U .S . market revenue amounted to 43 million . . .
11% of American adults—and 38% of those who are currently "single and looking" for a partner—have used online dating sites or mobile dating apps . One in every ten American adults has used an online dating site or a mobile dating app .
The global mobile application market size was valued at USD 154 .05 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 11 .5% from 2020 to 2027 .
Market Data . Reports . Dashboards . Videos . Complimentary . About . Current . Global Smartphone Revenues and ASP Forecasts by 88 Countries : 2012 to 2026 Read Forecast and Outlook - Sep 23, 2021 . Global Smartphone Monthly Shipments (Sell In), Sales (Sell Through) and Inventory Variance by Vendor: September 2021 Read Metrics, Excel - Sep 20, 2021 .
Market research helps to know market trends, hence to carry it out frequently to get to know the customers thoroughly . Gain accurate information: Market research provides real and accurate information that will prepare the organization for any mishaps that may happen in the future . By properly investigating the market , a business will undoubtedly be taking a step forward, and therefore it will be taking advantage of its existing competitors .
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Mobile Dating Market Research
