Online Dating Services Market Size to Reach USD 12.89 Billion by 2028 – Current Trends, CAGR Statistics, Business Overview and Key Player Analysis


Dexterous market research

The highest market share for online dating is expected to be in North America, followed by Europe. There are several advantages to using online dating services and apps. Online daters have several options for meeting people who share their desires and interests.

Dallas, Texas, Oct. 20, 2022 (GLOBE NEWSWIRE) — Growing smartphone usage and growing global internet penetration are two significant factors impacting the growth of the online dating services market over the period of analysis presented. Likewise, the rising trend of singles globally is expected to aid in the expansion of the market. Dating websites and software will have access to a large dating pool. Investors view internet dating services as a lucrative industry, fueling their expansion. Simultaneous cultural shifts, such as rising interracial marriage rates, are driven by social trends and increased dating and marriage outside conventional social circles. The issue of fake online accounts is one of the issues that is expected to hamper the expansion of the global online dating services market. Additionally, a growing lack of confidence in starting a conversation, which damages the reputation of online dating companies, is expected to pose challenges for the global online dating services market. This industry is growing due to social changes, the rise of interracial marriages, and dating and marriages outside of traditional social groups.

The estimated value of the global online dating services market is USD 8.34 billion and is projected to reach USD 12.89 billion by 2028, growing at a CAGR of 6.12% throughout this period.

Get a sample report from: https://www.adroitmarketresearch.com/contacts/request-sample/3574

Online dating is easy to use, convenient, fast and requires little effort. By using the many features offered, one can also limit the number of people who have access to their contact information. It is therefore widely used, which is driving the expansion of the global online dating services market. People all over the world look for specific qualities in their companions. Similar interests, same ideas and other traits fall into this category. Online dating services are gaining popularity because it makes it easier for them to meet people who share similar qualities. The global online dating services market anticipates the release of new applications due to the diversification of the grouping algorithm to target people based on their age, race, sexual orientation and other characteristics. By allowing the representation of all their users, these applications will become more inclusive.

The global online dating services market can be divided into annual, quarterly, monthly and weekly subscriptions. The online dating services segments with the largest market share in 2021 are the quarterly segment. This is mainly due to the more attractive offers offered to increase subscriptions for business growth.

Report coverage and details:

Report cover

Details

base year

2021

Historical data

2019-2020

CAGR

CAGR of 6.12% over the period 2021-2028

Segment covered

Service, Subscription, Demographics, Regions

Regions covered

North America, Europe, Asia-Pacific, Middle East and Africa, South America

Profiled Key Players

Bumble, Match.com, Elle, Tinder, OkCupid, Coffee Meets Bagel, Grindr

With a large share of 40.01% in 2021, North America dominated the global online dating services market. This is due to the widespread use of online dating services and a general awareness of appearance. In the United States, there will be 43 million active users of various online dating applications in 2020, according to the online dating services industry, which will help the market expand. However, due to increasing adult population and increasing smartphone usage, Asia-Pacific is expected to surpass all other regions with the highest CAGR during the forecast period.

Place an order to buy this report @ https://www.adroitmarketresearch.com/researchreport/purchase/3574

In February 2020, dating app Plenty of Fish announced the creation of the first Member Pod, a user-led advisory board. To encourage creativity and enhance the Plenty of Fish experience, the Member Pod seeks input from a wide range of people.

Contents:

1. Introduction

2. Research methodology

3. Market Outlook

4. Global online dating services market by service, 2019-2029 (USD billion)

• Linking

• Social gatherings

• Adult dating

• Niche dating

5. Global online subscription dating services market, 2019-2029 (USD billion)

• Annually

• Quarterly

• Monthly

• Weekly

6. Global Online Dating Services Market by Demographics, 2019-2029 (USD Billion)

• Adult

• Baby boomers

6. Global Online Dating Services Market by Region, 2019-2029 (USD Billion)

9. Competitive landscape

10. Company Profiles

11. Appendix

Are you looking for a DISCOUNT? If yes, then request discount @ https://www.adroitmarketresearch.com/contacts/discount/3574

Access the Upcoming Reports Research Repository @ https://adroitmarketresearch.com/upcoming.html

About Us:

Adroit Market Research is an India-based business analytics and advisory firm incorporated in 2018. Our target audience is a wide range of businesses, manufacturing companies, product/technology development institutions and industry associations who need to understand the size of a market, key trends, participants. and future prospects of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help them create opportunities that increase their revenue. We follow a code – Explore, learn and transform. At our core, we are curious people who enjoy identifying and understanding industry patterns, creating insightful study around our findings, and crafting lucrative roadmaps.

Contact us:

ryan johnson

Account Manager – Global

3131 McKinney Ave, Suite 600

Dallas, Texas 75204

Email ID: [email protected]

Phone number: +1-9726644514, +91-9665341414

Connect with us: Facebook | Twitter | LinkedIn

Previous Umami Meats to launch cell-based fish cakes and fillets
Next Timnath, Colorado Fish Death Causes Social Media Stink