Value Of UK Online Dating Market

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Online dating is a firmly established method of meeting dates and partners, with little stigma now surrounding the practice . Some 27% of people have used an online dating service, rising to 47% among 18-34 year olds . Some 13% of adults have also paid to use a dating website/app . Some are still resistant to use online
Research company Mintel have released an extensive report about the online dating industry . The report assesses the current state of the dating industry in the UK , including the value of the market , what the main trends are, and which factors will impact growth over the next five years . Mintel predict the UK market will grow from £165m to £225m by . . .
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 . Other services like OKCupid and Match .com cover older and more serious relationships .
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 .
United Kingdom: Revenue in the Online Dating segment is projected to reach US$126m in 2020 . The segment of Online Dating is made up of online services that offer a platform on which its members …
Looking at it from a financial perspective, its estimated that globally the industry is worth more than £2bn . Online dating is now so important to the UK economy that the Office of National . . .
11% of Hispanic Internet users in the US report that they were very likely to use online dating to find a new partner . 32% of female American adults have used an online app or service for dating , compared to 23% of men . 55% of lesbian, gay, and bisexual (LGB) adults say that they've used online dating at least once .
Online dating is growing at a rate of 20 percent year over year in Latin America according to market research . United Kingdom . Over 15 .7 million adults (35% of those aged 16 and over) in England and Wales had never been married in 2011 . There were 23 million (51%) 'not married' (meaning never married, divorced, or widowed) people in 2011 .
With the onset of the coronavirus (COVID-19) crisis, the value of online retail sales in the UK is estimated to reach just below 100 billion British pounds in 2020 .
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Value Of UK Online Dating Market