Global Online Dating Services Market Size study & Forecast, by Services, by Subscription and by Demographics and Regional Analysis, 2022-2029, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Online Dating Services market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Online Dating Services market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get the whole report, which includes a chart and more than 100 tables and figures. – Comprehensive Analysis of COVID-19 Market Outbreak Impact and Regional Situation
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Global Online Dating Services Market is valued approximately USD 7.69 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.7% over the forecast period 2022-2029. Online Dating Services also known by other names including Internet dating, Virtual dating, or Mobile app dating is a business that enables individuals to establish and develop relationships over the Internet. In order to use online dating service, an individual creates a user account on an online dating site, and further update a profile with furnishing profile photos, and other information including descriptive information and match preferences. Moreover, based on the preferences online dating service uses software to provide the user with matches based on algorithms to match one user with another based on their preferences, and interests. The increasing smartphone penetration and growing popularity of online dating applications are key factors driving the market growth.
The increasing penetration of smartphone is contributing towards expansion of online dating services market worldwide. For instance- as per Statista – as of 2021, the number of smartphone subscriptions worldwide was estimated at 6259 million, and as per estimation the number of users would grow to 7690 million by 2027. Additionally, the revenue generated by the global smartphone market increased in 2021 by almost USD 60 billion and reached USD 481.2 billion. Also, rising internet penetration in developing nations and growing emergence of AI-powered dating apps would create lucrative growth prospectus for the market over the forecast period. However, increasing incidences of cyber frauds and data breaches stifle the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Online Dating Services Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the increasing popularity of virtual dating and presence of leading online dating platforms in the region. Whereas Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising popularity of online dating apps among youth and increasing penetration of high-speed internet services in the region.
Major market player included in this report are:
- Badoo
- eharmony, Inc.
- Grindr LLC
- Love Group Global Ltd
- Match Group, Inc.
- rsvp.com.au Pty Ltd.
- Spark Networks SE
- Spice of Life
- The Meet Group, Inc.
- Zoosk, Inc.
Recent Developments in the Market:
In February 2022, Bumble has announced acquisition of France based dating application Fruitz. This expansion was part of Bumble’s business expansion plan in the Canada and Western Europe region.
Global Online Dating Services Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Services, Subscription, Demographic, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Services:
- Matchmaking
- Social Dating
- Adult Dating
- Niche Dating
By Subscription
- Annually
- Quarterly
- Monthly
- Weekly
By Demographics
- Adult
- Baby Boomer
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- RoLA
- Rest of the World
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Key Points Covered in Online Dating Services Market Report:
Table of Contents
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Online Dating Services Market, by Region, 2019-2029 (USD Billion)
1.2.2. Online Dating Services Market, by Services, 2019-2029 (USD Billion)
1.2.3. Online Dating Services Market, by Subscription, 2019-2029 (USD Billion)
1.2.4. Online Dating Services Market, by Demographics, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Online Dating Services Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Online Dating Services Market Dynamics
3.1. Online Dating Services Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Increasing smartphone penetration
3.1.1.2. Growing popularity of online dating applications
3.1.2. Market Challenges
3.1.2.1. Increasing incidences of cyber frauds
3.1.3. Market Opportunities
3.1.3.1. Rising internet penetration in developing nations
3.1.3.2. Growing emergence of AI-powered dating apps
Chapter 4. Global Online Dating Services Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
……..and view more in complete table of Contents
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