Online Dating Industry Revenue

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Global Dating App Projected Revenue . In 2013, Tinder revolutionised the online dating industry with a simple system, swipe right if interested, left if not . Instead of having a matchmaker rifle through thousands of profiles to find someone unique, users could decide whether they liked someone based off a few photos .
Worldwide: Revenue in the Online Dating segment is projected to reach US$3,853m in 2021 .
Revenue from online dating stood at 602 million U .S . dollars in the United States in 2020 . The Statista Digital Market Outlook estimates that revenue will increase to 755 million dollars by 2024 . . .
Using 2017 as the baseline, the industry's revenue is poised to reach $1 .02 billion in 2021 . (Statista, 2019) Come early 2020, another report showed that the online dating industry generated a revenue of $2 .23 billion the previous year, which positively broke many expectations .
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 . Some predict that revenue is expected to grow 25% by 2020 .
Thanks to users who opt to pay for premium features on these services, online dating apps and services earned a revenue of $973 million in 2019 . There are over 1,500 dating apps today, with the American company Match Group Inc ., owning many of the top players .
1 .US Online Dating Services Market Revenue , 2019-2024 ($M) 2 .Canada Online Dating Services Market Revenue , 2019-2024 ($M) 3 .Mexico Online Dating Services Market Revenue , 2019-2024 ($M) 4 .Brazil Online Dating Services Market Revenue , 2019-2024 ($M) 5 .Argentina Online Dating Services Market Revenue , 2019-2024 ($M)
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 .
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 services but major industry participants claim membership numbers in Australia that total in excess of 4 .6 million .
Online dating is a big market . Here in the U .S ., the industry generates approximately $2 billion in revenue each year and expanded at an annual rate of 5% between 2010 and 2015 . This helps explain . . .
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Online Dating Industry Revenue

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