Online dating market size 2019

online dating market size 2019

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 much do people spend on online dating?

The online dating industry is expected to break past the $1 billion barrier by 2024, with a projected CAGR of 5.1%. 11% of American adults surveyed have spent money on online dating. In 2019, 35% of paying customers used Badoo, a dating-focused social network.

How many people use dating apps in the US?

30% of US adults have used a dating site or app. 25.1 million people used online dating apps on their smartphones. Millennials make up the largest sector of online dating users, with 36% of people aged 18 to 29 saying that they’ve used an online dating service or app.

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 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.

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)

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.

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?

What is the forecast period of the online dating market?

The global online dating market has witnessed continuous growth in the past few years and is expected to augment even further during the forecast period (2020-2024) ( source ). Revenue in the Online Dating segment is projected to reach US$3,241m in 2021 ( 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 the revenue of the online dating segment?

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 ).

Related posts: