Investors Look to Niche Dating Apps as Singles Narrow Searches for Love

Investors Look to Niche Dating Apps as Singles Narrow Searches for Love

Technavio has been monitoring the online dating services market and it is poised to grow by USD 3. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. This press release features multimedia. Technavio suggests three forecast scenarios optimistic, probable, and pessimistic considering the impact of COVID The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Coffee Meets Bagel, eHarmony Inc. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Easy search criterion based on individual interests has been instrumental in driving the growth of the market. Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our online dating services market report covers the following areas:.

Why VCs keep falling in love with dating apps

Online dating comprises online services that offer a platform on which its members can flirt, chat or fall in love. In contrast to matchmaking services, online dating focuses on casual contacting and easy flirting among its members. The users normally carry out the search on their own. While doing so, they can apply search filters about criteria such as age, location and other attributes. Increasing proliferation of smartphones and rise in internet penetration are the key factors driving the online dating apps market.

The global online dating services market is expected to grow at a % CAGR (​Compound Annual Growth Rate) from The Match Group holds the.

Email dmz ryerson. For general inquiries, please reach out to dmz ryerson. However, a unique breed of smartphone apps — think Tinder and Grindr — focused on instant matching have revolutionized the dating market. Since then a slew of new startups hoping to mimic their meteoric success have managed to not only attract investors from across the globe but spawn a hodgepodge of imitators all looking to hit it big. Looking for a lover who must love dogs? Seeking out singles who have thick, luscious beards?

Yep, you guessed it. For entrepreneurs who can outlast the competition the rewards are huge but so are the risks. It should come as no surprise that both entrepreneurs and VCs are diving head first into online dating. Love is now a multi-billion dollar business. When done right, dating apps have also managed to rack up a large number of users and money.

Last summer Match. That number will be close to about million by

Online Dating Services Market by Type, Revenue, and Geography – Forecast and Analysis 2020-2024

This has fuelled up the dating service market to a large extent. Online dating can be defined as a system where one can find and introduce themselves to new personal connections over the internet. Online dating aims to develop personal, romantic, or sexual relationships. The service is provided by a company by using websites or applications which have to be run on Internet-connected personal computers or mobile devices. Increasing internet penetration, increase in time people spend on a smartphone, and changing communication habits are driving the growth of the online dating market.

Young adults are leading customers of these services, age group to year-olds being major users has made online dating a trend.

Global Online Dating Services Market | Low Hassle in Finding a Partner to Boost Market Growth | Technavio. Business Wire

This report provides an in-depth analysis of the online dating market including a detailed description of market sizing and growth. The report provides an analysis of the global online dating market by value, by volume and includes segment analysis as well. Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry.

Growth of the overall global online dating market has also been forecasted for the period , taking into consideration the previous growth patterns, the growth drivers and the current and future trends. The major players dominating the online dating market are Match Group, Inc. The four companies have been profiled in the report providing their business overview, financial overview and business strategies.

Speedy Advancements In Global Dating Services Market Outlook: Ken Research

Market Study Report, LLC, has recently added a report on ‘ Online Dating and Matchmaking market’ which offers a comprehensive synopsis of revolving market valuation, market size, SWOT analysis, revenue estimation and geographical spectrum of the market. The report further elucidates primary business obstacles and growth prospects within the forecasted timeline, while examining the current competitive sphere involving key players of the ‘ Online Dating and Matchmaking market’.

The Online Dating and Matchmaking market report offers a thorough evaluation of this industry space and comprises of insights pertaining to the market tendencies including current remuneration, revenue predictions, market size and market valuation during the analysis timeframe. A summary of the performance analysis of the Online Dating and Matchmaking market is stated in the document.

The study also provides with information concerning the key industry trends and the estimated growth rate of the market.

Growth of the overall global online dating market has also been forecasted for the period , taking into consideration the previous.

Market Study Report, LLC offers a latest study on ‘ Online Dating and Matchmaking market’ featuring a holistic view of the market size, industry share, profit estimates, SWOT analysis and the regional landscape of the business. The report precisely expounds key challenges and future growth prospects of the market, while highlighting the current competitive scene and analyzes the expansion strategies adopted by leading market players. The recent study on the Online Dating and Matchmaking market contains a detailed assessment of the business arena with respect to the various market divisions.

This report also evaluates the impact of Covid outbreak on the Online Dating and Matchmaking industry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid effects on Online Dating and Matchmaking market growth forecast based on different scenario optimistic, pessimistic, very optimistic, most likely etc.

Key insights about the industry size, growth rate forecasts, and sales volume have been compiled in the report. Online Dating and Matchmaking market is split by Type and by Application. For the period , the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Online Dating and Matchmaking competitive landscape provides details by vendors, including company overview, company total revenue financials , market potential, global presence, Online Dating and Matchmaking sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch. For the period , this study provides the Online Dating and Matchmaking sales, revenue and market share for each player covered in this report.

Additional takeaways of the Online Dating and Matchmaking market report are listed below:. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Global online dating market size

This rising popularity has lead to a huge global user population of up to M people using dating platforms. Recently we decided to enter this market in our own company JoySpot , so I started studying this market heavily to learn how can a Startup penetrate it and be competitive versus titans like Tinder. Hope you enjoy!

A unique breed of smartphone apps — like Tinder and Grinder — focused on instant matching are revolutionized the dating market.

We expect the number of people who own a smartphone and use dating apps to grow 5. This figure is much flatter than our previous forecast of 9. Illustrating a similar slowdown, app analytics platform Apptopia found that worldwide, dating app downloads for the 15 most-popular apps includes Apple App Store and Google Play decreased to million in , down from million the year prior.

But Adam Blacker, vice president of insights and global alliances at Apptopia, is optimistic about this app category. As more people come of age, they will download one or more dating apps, even just to check it out. There will also be more niche or specific dating apps that pop up which en masse will generate new installs from people who have already downloaded more general apps like Tinder or Match.

Dating Services Market Research Reports & Industry Analysis

The online dating services market is expected to grow by USD 2. Request a free sample report. This press release features multimedia. One of the primary ways to do that is by asking the user to answer a questionnaire. This increases the probability of accurate matches and enhances the efficiency of the service.

Online Dating Services Market Size Industry Trends, Share, Size, Demand, Growth Opportunities, Industry Revenue, Future and Business.

Sign up Log in. Delivered November 1st, Contributors: Barb B. The global online dating services market is expected to grow at a 5. The Match Group holds the top spot in both online dating with Match and with their dating app Tinder which has 11,, downloads. Match commands a

Global Online Dating Market: Size, Trends and Forecast (2020-2024 Edition)

This report provides an in-depth analysis of the online dating market including a detailed description of market sizing and growth. The report provides an analysis of the global online dating market by value, by volume and includes segment analysis as well. Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry.

Growth of the overall global online dating market has also been forecasted for the period , taking into consideration the previous growth patterns, the growth drivers and the current and future trends. The major players dominating the online dating market are Match Group, Inc. The four companies have been profiled in the report providing their business overview, financial overview and business strategies.

Global Dating Services Market is anticipated to attain substantial growth by the end of the forecast period (). Dating ServicesMarket.

The report provides an analysis of the global online dating market by value, by volume and includes segment analysis as well. Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global online dating market has also been forecasted for the period , taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The major players dominating the online dating market are Match Group, Inc. The four companies have been profiled in the report providing their business overview, financial overview and business strategies. Region Coverage. Executive Summary Online dating services serve as a platform for connecting people with similar tastes and interests. Online dating enables like-minded people to connect with each other by interacting through computer or mobile devices.

Online dating services are fast and convenient and provide several other benefits as well such as tailormade search, an expanded dating and social circle and improved dating skills and prospects. The global online dating market has been segmented on the basis of purpose, channels, devices and revenue models. On the basis of purpose, online dating has been segmented into casual relationship, socializing and marriage. The two main channels for using online dating services are dating websites and dating apps.

Furthermore, on the basis of devices, online dating has been divided into mobile and desktop. Revenue models for online dating are divided into membership subscription and freemium.

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