Online Dating Industry Growth Rate

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Dating App Revenue and Usage Statistics (2021) - Business . . .
Online Dating - Worldwide | Statista Market Forecast
Online Dating Services Market Size, Share and Analysis . . .
Online Dating Market Size is Projected to Reach USD 3 .592 . . .
Online Dating Market Size, Trends, Share And Forecast
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The dating app sector is expected to grow at a steady rate , as more users in North America, Europe and South America activate accounts . It is unlikely that a new competition will emerge in the North American market, as Tinder , Bumble and Hinge cover casual to serious; students to middle aged professionals .
Online Dating . Worldwide . Highlights . Revenue in the Online Dating segment is projected to reach US$3,853m in 2021 . Revenue is expected to show an annual growth rate (CAGR 2021-2025) of 8 .44% . . .
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 .
The Global Online Dating Market Size is expected to grow from USD 2 .230 Billion in 2019 to USD 3 .592 Billion by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 8 .26% .
North America is expected to hold the largest market share of Online Dating over the forecast period followed by Europe . North America is being considered as the mature market for the online dating services industry . According to 2016 data, approximately 43 million users were active on different online dating apps in North America .
According to IBISWorld, the online dating industry has been growing at a rate of 3 .5% yearly since 2008 . Currently, it counts for $3 billion in gross sales . Market trends show the industry will continue to expand over in the years to come .
The study reveals that 55- to 64-year-olds are also flocking to online dating , with 12% of older adults having tried it-double the 6% reported back in 2013 . Online dating is a big market .
We expect the number of people who own a smartphone and use dating apps to grow 5 .3% this year, reaching roughly 25 billion . This figure is much flatter than our previous forecast of 9 .8% growth , and just one-sixth of growth in 2016 .
Online dating has become a popular service industry in Australia comprised of both Australian and overseas companies . IBISWorld's Dating services in Australia industry report projects revenue for online dating services to reach $113 .3 million in 2014-15 . No official data is available on the number of Australians using these
Revenue in the Online Dating segment is projected to reach US$4m in 2021 . Revenue is expected to show an annual growth rate (CAGR 2021-2025) of 4 .01%, resulting in a projected market volume of US . . .
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Online Dating Industry Growth Rate

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