Online Dating Market Overview
The Online Dating, sometimes referred to as virtual dating, Internet dating, or mobile app dating, is a relatively new technique used by people who want to utilize the internet to look for and communicate with possible love or sexual partners. The Global Online Dating Market is valued at around USD 8.71 billion in 2022 and is expected to reach USD 11.79 Billion by the year 2030 registering a CAGR of 4.4% over the forecast period.
Online Dating Market Growth
Singles are encouraged to sign up and disclose personal information on dating apps and websites. The websites or apps then make use of the data to facilitate connection-making. The dating apps itself will occasionally choose such relationships, and other times the user will have to choose. The primary driver of market expansion over the projected period is the increasing global usage of the internet. It is predicted that the trend would pick up speed soon. The fact that internet costs are coming down in many Asian nations is another important element driving the market's expansion. Throughout the projected period, the growing use of smartphones and laptops to use these online dating applications is also propelling the market's growth.
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Online Dating Market Trends
Throughout the projected period, the market will rise primarily due to the increasing use of social media platforms in the current environment. The majority of people desire to interact with others, and dating apps are the main means by which they may do so. As a result, the market has grown.
One of the main reasons for the market's expansion is the declining cost of internet service in several Asian countries.
The adoption of online dating applications and portals is further encouraged by the important role social networking sites are increasingly playing in facilitating and recording love relationships. Over the course of the projected period, this aspect is anticipated to accelerate market expansion.
Competitive Analysis
Match Group, LLC (Tinder); Bumble Inc.; Grindr LLC; eHarmony, Inc.; Spark Networks, Inc.; The Meet Group, Inc; rsvp.com.au Pty Ltd.; Coffee Meets Bagel; Cupid Media Pty Ltd.; Elite Singles; and The League App, Inc. are the major players that are driving the growth of the market during the forecast period.
Global Online Dating Market- Segmental Analysis
By Type
• Application
• Web Portals
By Age Group
• 18-25 years
• 25-50 years
• 50-60 years
By Gender
• Male
• Female
What Information does this report contain?
- A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants
- Which are the leading market products, applications regions and how will they perform by 2030?
- What are the technologies innovation trends, how will they evolve by 2030?
- Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?
Key Topics Covered
Chapter 1. Market Scope Methodology
Chapter 2. Market Overview
Chapter 3. Strategies Deployed in Online Dating Market
Chapter 4. Online Dating Market by Application
Chapter 5. Online Dating Market by Online Dating
Chapter 6. Online Dating Market by Online Dating
Chapter 7. Online Dating Market by Online Dating
Chapter 8. Company Profiles
Key questions answered in this report:
- What is the market size and growth rate forecast for Online Dating industry?
- What are the main driving factors propelling the Online Dating Market forward?
- What are the leading companies in the Online Dating Industry?
- What segments does the Online Dating Market cover?
- How can you receive a free copy of the Online Dating Market sample report and company profiles?
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