Online Dating Services Market

Online Dating Services Market was valued at USD 7,799 million in 2019 and is expected to register a CAGR of 4% during the forecast period.

Introduction of Online Dating Services Market Report

Online Dating is a framework that empowers individuals to discover and acquaint themselves with new associations over the Internet, generally with the objective of creating individual, sentimental, or sexual connections. An online dating organization is an organization that gives explicit instruments (for the most part sites or applications) for online dating using PCs or cell phones over the internet. Such organizations offer a wide assortment of unmoderated matchmaking techniques, the majority of which are profile-based. The online dating sites ask for some basic information like name, place, occupation, interests etc. along with photographs or videos for your profile, which would be used as the key factors for the online matchmaking. Most of the online dating services come on a subscription or membership basis. The user generally has to buy a membership or subscription of his/her choice for using all the services provided by these platforms like, viewing other profiles, online chatting etc.

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The inception of online dating services can be attributed to a number of factors like huge advancements in technology in the past decade, high penetration of economical smartphones and data revolution in developing countries like India. In addition, the rising single adult population with diminishing interest towards monogamous relationships is a major driver for the online dating market. The online dating service platforms have made the finding of partners with similar interests and beliefs quite convenient, making the relationships smoother and thus attracting more and more crowd towards it. The online dating service applications have also been inline with the present youth’s perspective for casual relationships. Moreover, the layers of profile checking and other security measures which have been taken by these platforms to accept genuine profiles only, has further increased their credibility. Still, the infiltration of some fake profiles along with a highly unbalanced gender ratio are the major restraints for the global online dating services market.

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Various notable players in the market includes Match.com, Tinder, eHarmony, Zoosk, Plenty of Fish, OkCupid, BlackPeopleMeet, Elite Singles, Bumble and Grindr among others.

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The Online dating services market has been segmented by service type, by gender, by age group and key geographies. Based on service type the market comprises of casual relationships, socializing relationships and marriage. The research report “Global online dating services market” provides in-depth analysis of the global online dating services market based on service type, gender, age group and major geographies for the forecast period from 2018 to 2025. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the global online dating services market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.

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Key questions answered in this research report:

1- At what pace is global online dating services market growing? What will be growth trend in future?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global online dating services market?
4- What are the various application areas and how they are poised to grow?

Market Segmentation

• By Service Type

• Casual
• Socialize
• Marriage
• By Gender
• Male
• Female
• LGBT

• By Age Group

• Below 20 years
• 20 -30 years
• 30-40 years
• Above 40 years

• By Geography

• North America

As a part of customization
• By Service Type
• By Gender
• By Age Group
• US
• Canada
• Mexico

• Europe
As a part of customization
• By Service Type
• By Gender
• By Age Group
• UK
• Germany
• Spain
• Rest of Europe

• Asia-Pacific
As a part of customization
• By Service Type
• By Gender
• By Age Group
• China
• Australia
• India
• Rest APAC

• ROW
As a part of customization
• By Service Type
• By Gender
• By Age Group
• Brazil
• South Africa
• GCC countries
• Rest of world (remaining countries of LAMEA region)

Leading Market Players
• Match.com
• Tinder
• eHarmony
• Zoosk
• Plenty of Fish
• OkCupid
• BlackPeopleMeet
• Elite Singles
• Bumble
• Grindr