Global revenue online dating

global revenue online dating

How has the online dating industry changed since 2017?

This includes the online dating industry, which has been growing since 2017 at a really high pace. While every other industry seems to have mostly been negatively affected by the outbreak, the online industry has gotten stronger. In 2017, the worldwide online dating revenue reached $779 million.

How many people use online dating in the world?

In 2019, there were about 219.7 million online dating sites or app users around the world. The number is expected to reach 234.1 million in 2021 and reach 276.9 million in 2024. (Statista, 2020)

What is online dating and how it works?

The segment of Online Dating is made up of online services that offer a platform on which its members can flirt, chat or fall in love. Two noticeable examples are Tinder and Zoosk. In contrast to matchmaking services, online dating focuses on casual contacting and easy flirting among its members.

How big is the online dating market in 2022?

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.

What is the size of the online dating industry?

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.

How has online dating changed the way couples meet?

For heterosexual couples, online dating has risen to second place – just below met through friends – as the context for that first introduction. Among homosexual couples, digital match-making has skyrocketed. And the knock-on effect is profound. People who meet online tend to be complete strangers, say the researchers.

How popular is online dating in the US in 2018?

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.

How many people use online dating apps?

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. Still, its a fast-growing industry.

What is the size of the online dating market?

The global online dating application market size was valued at USD 7.05 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.6% from 2021 to 2028. The growth of the market can be attributed to the proliferation of smartphones and the rising internet penetration.

How many online dating users are there in 2021?

In 2019, there were about 219.7 million online dating sites or app users around the world. The number is expected to reach 234.1 million in 2021 and reach 276.9 million in 2024. (Statista, 2020) In the US, there were more or less 30.4 million online dating service users. This number is expected to reach 35 million come 2024 (Statista, 2020)

What will the online dating industry look like in 2025?

In the Online Dating segment, the number of users is expected to amount to 478.5m users by 2025. User penetration will be 5.4% in 2022 and is expected to hit 6.1% by 2025. The average revenue per user (ARPU) is expected to amount to US$8.91.

Is China the next big market for online dating?

Even though China has become a key market for online dating, unless there is a social revolution that empowers casual dating over finding a partner, we expect the market to remain smaller than North America and Europe.

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