Market size of online dating

market size of online dating

How big is the online dating market in the US?

Revenue in the Online Dating segment is projected to reach US$3,677m in 2022. Revenue is expected to show an annual growth rate (CAGR 2022-2025) of 6.56%, resulting in a projected market volume of US$4,449m by 2025. In the Online Dating segment, the number of users is expected to amount to 478.5m users by 2025.

What will be the revenue of the online dating segment in 2022?

According to Statista, the revenue of the online dating segment is expected to reach US $ 3,677m in 2022. Further, the revenue will grow at a CAGR of 6.56% between 2022 to 2025 and reach US $4,449m by 2025. As per Statista, the revenue in the online dating segment in the United States is anticipated to reach US$829m in 2022.

What are the factors affecting the growth of the online dating market?

The increasing adoption of smartphones and the growing penetration of the internet around the world are some of the significant factors affecting the growth of the online dating market in the given analysis period. Furthermore, the increasing number of singles has become a global phenomenon is anticipated to contribute to the growth of the market.

What is the online dating market valuation in 2020?

Online Dating Market is projected to reach USD 10,378.67 Million by 2027, growing at a CAGR of 4.98% from 2020 to 2027. What is Online Dating Market?

How big is the global online dating market?

Request Now ! 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.

How many people use online dating in the US?

As of 2020, over 32 million Americans are using online dating services. According to the latest forecasts, the number of online dating users in the United States paying customers account for one-third of U.S. online dating users. In 2019, Tinder was the most popular dating app in the United States with over 7.86 million users.

What will be the revenue of the online dating segment in 2022?

According to Statista, the revenue of the online dating segment is expected to reach US $ 3,677m in 2022. Further, the revenue will grow at a CAGR of 6.56% between 2022 to 2025 and reach US $4,449m by 2025. As per Statista, the revenue in the online dating segment in the United States is anticipated to reach US$829m in 2022.

What is the future of online dating in the US?

According to Statista, the user penetration of online dating will be 5.4% in 2022 and is anticipated to reach 6.3% in 2025. The total number of users in the online dating industry is expected to reach 489.9 million in 2025.

How big is the online dating market in 2021?

Revenue in the Online Dating segment is projected to reach US$3,241m in 2021 ( source ). In global comparison, most revenue will be generated in the United States (US$674m in 2021) ( source ). The major players dominating the online dating market are Match Group, Inc., Spark Networks SE, ProSiebenSat.1 Group (eHarmony) and Bumble ( source ).

What is the future of the dating app market in 2020?

In 2020, there has been an increase in the usage of newer applications like Tinder, Bumble, and Hinge, growing the size of the dating app market. These are mobile-based online dating apps that are tailored for casual dating experiences.

Which region dominated the global dating services market in 2020?

North America dominated the global market in 2020 with a revenue share of over 35%. The proliferation of smartphones and the growing usage of the internet in the region is emerging as the key factor driving the market growth. Busy schedules have also contributed to the growing popularity of dating services.

What is driving the growth of the online dating market?

Furthermore, the increasing number of singles has become a global phenomenon is anticipated to contribute to the growth of the market. Websites and software for online dating will reach a huge pool of dating.

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