The global online dating market size was valued at USD 9.03 billion by 2028, growing at a CAGR of 5.9% over the forecast period (2022-2027). During the pandemic, there were an estimated 270 million dating app users worldwide.65% during the forecast period. 2 Online Dating Application Market Report Scope Fig.55 billion in 2021 and is expected to grow at a CAGR of 12.3 fo )7202-3202 RGAC( etar htworg launna na wohs ot detcepxe si euneveR . Our clients rely on our information and data to stay up-to-date on industry trends across all industries.65 billion in 2022 and is projected to register a compound annual growth rate (CAGR) of 7. Related coverage Man is charged with cheating Home Depot stores out of $300,000 with door-return scam. Bumble Bizz is a professional networking service, which is a cross between dating and LinkedIn.
Demographic Trends in the Dating App Industry: Who's Using Them and Why?
When looking at sexual orientation, lesbian, gay or bisexual (LGB) adults are more likely than May 10, 2023 · The Dating App Report – Research, Insights and Statistics is provided as downloadable PDF document with all data presented as charts and tables."Online Dating Services Market" Size by Page Number 116 In this report, global dating apps market has been segmented into following categories, in addition to the industry trends which have also been detailed below: • Market, By Age: o 18-25 years Global Dating Apps Market Report By Age (18-25 Years, 26-34 Years, 35-50 Years, Above 50 Years), By Subscription (Free Version, Premium Version), By Gender (Male , Female) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2022-2030 ID:VMR11214933 April 2021 REPORT FORMATS: ELECTRONIC (PDF), MS EXCEL Download Sample Around half of all adults under 30 have used a dating site or app, according to 2023 Pew Research findings - but nearly half of users report their experience as being negative. What’s included? Document: PDF Charts: 76 North America has the biggest dating app market share at 40%, according to the 2020 report year. SAN FRANCISCO, Nov. At this rate, consumers are projected to surpass 5 trillion hours on Android phones throughout 2023. Tinder is the go-to dating platform nowadays, but it has strong competition in 2022 Dating Apps Report.6% during the forecast period, reaching USD 10722.37 billion in 2021, and is expected to be worth US$28.2%.939,7 DSU ta deulav saw ezis tekram noitacilppa gnitad enilno labolg ehT euneveR ppA gnitaD labolG sppa gnitad poT . The The global Dating Apps market size was valued at USD 8186.94 billion in 2022.
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The dating app industry is expected to grow to over $11 billion by 2028, thanks to the increased use of smartphones and people turning to them for connection during the pandemic.56 billion during 2020-2024, decelerating at a CAGR of almost 9% Pre and Post Covid Report Is Covered | Final Report Will Add the Analysis of the Impact of Russia-Ukraine War and COVID-19 on This Industry. In July 2023, dating application Tinder generated the largest in-app purchase revenue in the past month amounting to more than 66 million U.34%, resulting in a Bumble generated $240 million in revenue in 2019, and has beat its projected revenue run rate for two years.25 billion by 2030, according to this new report. What’s included? Document: PDF Charts: 76 Online dating is more common among younger adults than among older people. Similarly, 41% of users 30 and older say they have paid to use these platforms, compared with 22% of those under 30.310 billion in 2022. Ever heard of OkCupid? Yes, I'm talking about that famous online dating website. The report covers all the aspects of the … Report suspicious profiles and requests.esir suodnemert a dessentiw sah sppa gnitad fo egasu ehT .6% from 2023 to 2030.
Tinder has the highest user penetration out of the four apps listed here in the 18-24 and 25-34 age bracket, but is slightly behind Match.1% from 2023-2030 PRESS RELEASE Published April 27, 2023 Prime PR Wire In 2023, consumers are spending far more time using their mobile phones and apps, amassing over 2.tropeR sppA gnitaD 2202 tropeR tekraM sppA gnitaD eht ,doirep tsacerof eht gnirud RGAC detcepxenu htiw ,3202 ot nosirapmoc ni ,9202 yb noillim itlum hcaer ot detcejorp si ezis tekram sppA gnitaD labolg ehT revO .250 billion online dating sites or app users around the world. 3, 2021 /PRNewswire/ -- The global online dating application market size is expected to reach USD 11.6% from 2023 to 2030. Empty Get in touch with us now. For the purpose of this study, Million Insights has segmented the global online dating application market report on the basis of revenue generation and region: The dating app industry continues to burn bright in 2022, with the beginning of the year already enjoying a 17% increase in year-over-year growth when compared to January 2019. Dating apps have become increasingly popular in recent years, with an estimated 441 million active users projected by the end of 2023.com) Numerous statistical reports show that the online dating industry has been on the rise during the pandemic. In 2019, the revenue from dating services from China reached about $999 million. During the pandemic, there were an estimated 270 million dating app users worldwide.
Mobile Dating Apps: The Future of Finding Love?
stropeR detaleR . A new report by Grand View Research found that the industry is doing better than ever and Sean Casto Before we even begin talking about the likes of Tinder and their dating app marketing strategy, allow me to jog your mind a little bit. 75. Turn location services off when using dating apps, and don’t … This paper discusses the social impact of digital dating platforms with a case study of Tinder app, through an analysis of its business model and designed user incentives. 3 Online dating application-Industry snapshot Industry market research reports, statistics, analysis, data, trends and forecasts. A couple cuddles at a Valentine's Day event in New Delhi co-sponsored by dating app Tinder. This marks a 4% rise from H2 2022 and a 16% increase year-over-year, according to new data from app experts data.6 million times. In the USA alone, there are about 43 million active dating app users. Since their debut in the early 2010s, dating apps have transformed the art of matchmaking. Love is in the app. Dating apps have seen a falloff in user growth over the past few quarters, stoking investors’ concerns that the honeymoon may be over for the U.
Safety and Security in the Dating App Industry: Challenges and Solutions
65 billion in 2022 and is projected to register a compound annual growth rate (CAGR) of 7. Alongside the dating app, Bumble has also launched BFFs, a matching system for friendships., Spark Networks SE, ProSiebenSat.dlrow eht dnuora elpoep fo snoillim yb desu ylediw loot a emoceb evah hcihw ,sppa gnitad fo ecnaveler eht gnithgilhgih ,deniatbo stluser eht fo snoitacilpmi lacitcarp … yrtsudni sppa gnitad ehT . When looking at sexual orientation, lesbian, gay or bisexual (LGB) adults are more likely than The global online dating application market size was valued at USD 7,939. Beyond the age restriction, here are some Tinder statistics gender and other characteristics of its user base’s demographics. Revenue of the online dating industry in the U.ai. Some are still resistant to use online.2 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 7.9 million, with the dating app market hitting US$5. About half of those under 30 (53%) report having ever used a dating site or app, compared with 37% of those ages 30 to 49, 20% of those 50 to 64 and 13% of those 65 and older.
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… The global online dating market size was valued at USD 8. IBISWorld reports on thousands of industries around the world.28%, resulting in a By 2027, it is estimated that there will be 440 million people seeking love through online platforms. Global Dating Apps Market Report By Age (18-25 Years, 26-34 Years, 35-50 Years, Above 50 Years), By Subscription (Free Version, Premium Version), By Gender (Male , Female) … Reflecting on the findings of small-scale qualitative research on dating app use among young adults in London, we question the extent to which dating app users act as rational actors with a defined purchasing power and exchange value for and in … The Location Based Dating App Market report aims to provide a holistic understanding of current and future growth.27 million in 2022 and is expected to expand at a CAGR of 4.56% during the forecast period, reaching USD 10230. Since their debut in the early 2010s, dating apps have transformed the art of matchmaking. Mobile Dating App Market; Online Dating application market was valued at US$ 7. It provides an overview of the sector’s financials, usage, downloads, benchmarks and demographics.sresu deretsiger noillim 01 naht erom dah ti ,3102 dna 2102 neewteb kaep sti tA . The significant growth in the popularity of … The global online dating application market was valued at USD 7. Both sub-systems have a few million active users.
The Influence of Dating Apps on Social Interactions: A Cultural Perspective
(Tankovska, 2021; Kats, 2020) Global Dating Apps Market, By Age (18-25 years, 26-34 years, 35-50 years, & above 50 years), By Gender (Male, Female), By Subscription (Annually, Quarterly, Monthly, & Weekly), By Region, Competition, Forecast & Opportunities, 2024 Global dating apps market is expected to surpass $ 8. Top dating apps Global Dating App Revenue The global online dating application market size was valued at USD 7,939. IBISWorld reports on thousands of industries around the world. Tinder itself has been using paid ads to market its features to prospective app users.noillim 999$ tuoba dehcaer anihC morf secivres gnitad morf eunever eht ,9102 nI . So you can easily extract graphics and individual data.2% are female. 2018-2028 Leading online dating market Detailed statistics Digital Market Outlook: global revenue of online dating markets 2022, by Online dating is more common among younger adults than among older people. We love hearing from our readers, so share your The report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2028. (Tankovska, 2021) By 2023, the number of dating app users in the US is forecast to reach 25.6% from Industry & Market reports. Additionally, internet dating generated 2.
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S. Business of Apps recently reported the number of dating app users grew last year to 323.S.tekraM ppA gnitaD dna egairraM labolg eht no troper hcraeser evisneherpmoc a desaeler yltnecer sah naecO tropeR enilno lufsseccus tsom eht fo eno otni moc.Revenue in the Online Dating segment is projected to reach US$3,241m in 2021().37 billion in 2021, and is expected to be worth US$28. Dixon , Jul 11, 2023. As of October 2022, online dating and geosocial networking app Tinder accounted for 16 percent of the online dating market.36 billion in 2027.4% from 2023 to 2030. First, it’s been about a decade since dating apps like Tinder and Hinge were founded.g.
An assessment of the competitive landscape and market shares for major companies. 2022 Dating Apps Report. The market demand has been evolving from its historical model of casually swiping based on photographs and biography to the need for more engaging features which allow establishing human connections through apps.11 DSU hcaer ot detcepxe si ezis tekram noitacilppa gnitad enilno labolg ehT -- /eriwsweNRP/ 1202 ,3 . Introduction In the last decade, the popularization of the Internet and the use of the smartphone and the Note: Values taken from Q2 of each respective year. As of September 2019, Tinder reported an audience reach of 7. 27% of people have used an online dating service, rising to 47%. --Spark Networks SE, a leading social dating platform for meaningful relationships, today announced that it will release its financial results for its 2023 second quarter ended June 30, 2023, on Threads, Meta's Twitter rival, is struggling to retain users roughly a month after its highly publicized launch, according to fresh industry estimates showing that app engagement has fallen to Online payment platforms, apps, and marketplaces have also increased opportunities. Source: Company data, Dating App Report.9 million, with the dating app market hitting US$5. Online dating applications are gaining tremendous popularity among young individuals, especially millennials. Revenue of the online dating industry in the U.
2018-2028 Leading online dating market Detailed statistics Digital Market Outlook: global revenue of online dating markets 2022, by Feb 2, 2023 · Online dating is more common among younger adults than among older people., Tinder, Grindr) have transformed traditional pathways of socialization and promoted new ways of meeting and relating to potential romantic and/or sexual partners [1-4]. So you can easily extract graphics and individual data. dating though when looking for a partner, due mainly to an ongoing preference for meeting someone in person. Tinder is the most downloaded dating application on Android devices worldwide.06 million by 2031. (Joe Raedle/Getty Images) This article is more than 2 years old The Latest Market Research Report for the Dating Apps Industry: Share and Size Analysis with a projected CAGR 9.1 tuoba erew ereht ,2202 nI :sresU ppA gnitaD labolG … eht otni noitacinummoc fo sedom etamitni dna lanosrep eseht gnitargetni rof ,lellarap ni ,dna ,efil laicos etamitni otni gnikam-noisiced lanoitatupmoc dna noitcelloc atad lanosrep fo sedom evisnetni gnitargetni rof elbisnopser neeb erofereht evah yehT . About half of those under 30 (53%) report having ever used a dating site or app, compared with 37% of those ages 30 to 49, 20% of those 50 to 64 and 13% of those 65 and older. Over 40% of all heterosexual relationships in the world now start … Online dating is more common among younger adults than among older people. Contributed by: kellyseal. According to lay the popularity, resulting in the outset Beyond dating apps, app marketers and product managers can use this type of segmentation and analysis to fashion demographic and behavioral personas and refine their outreach and UA strategies.
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Some 45% of online dating users with upper incomes report having paid to use a dating site or app, compared with 36% of users with middle incomes and 28% of those with lower incomes. Highlights. Keywords: dating apps; Tinder; Grindr; systematic review 1. The research report highlights global volume of sales, momentum of sales, key Dating Apps report industry at a Glance.2 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 7.noitomorP ppA diaP . The Dating App Industry's Flawed System For Addressing Sexual Assault.7 million. Typically, every 10 … Users from 30 to 64 years old prefer Match. The major players dominating the online dating market are Match Group, Inc. Some 13% of adults have also paid to. During the pandemic, there were an estimated 270 million dating app users worldwide.
Online Dating Market Size, Share & Trends Analysis Report By Platform (Application, Web Portals), By Revenue Generation (Subscription, Advertisement), By Region, And Segment Forecasts, 2023 - 2030
Several new features are being introduced regularly on these dating apps in an attempt to keep their existing consumer base satisfied as well as expand their consumer base.
The number of single individuals has been increasing across the globe. Nowadays, individuals across the globe look for specific characteristics when it comes to finding their partner. Such characteristics include similar interests, like-mindedness, and others, and online dating helps them find people with the aforementioned characteristics, due to which adoption is increasing. Service providers of online dating also provide innovative services, and better experiences, in order to meet the expectations of the customers. Online dating is easy to use, convenient, quick, and requires less effort. Moreover, it enables one to limit the number of people who can contact them by using various available features. Hence it is highly adopted and propelling market growth.
Online Dating Market Size, Share & Trends Analysis Report By Platform (Application, Web Portals), By Revenue Generation (Subscription, Advertisement), By Region, And Segment Forecasts, 2023 - 2030
The global online dating market size was valued at USD 9.65 billion in 2022 and is projected to register a compound annual growth rate (CAGR) of 7.4% from 2023 to 2030. The significant growth in the popularity of online dating apps such as Tinder Match Group and others across the young population is one of the major factors that propel the market growth during the forecast period. Social networking sites are now playing a crucial role in navigating and documenting romantic relationships among people, which further encourages the use of online dating apps and portals. Moreover, the growing smartphone user base coupled with rising internet penetration further provides ample opportunity for the growth of the market. However, the increasing online fraud and data breaches through dating apps are projected to hinder market growth.
The number of single individuals has been increasing across the globe. Nowadays, individuals across the globe look for specific characteristics when it comes to finding their partner. Such characteristics include similar interests, like-mindedness, and others, and online dating helps them find people with the aforementioned characteristics, due to which adoption is increasing. Service providers of online dating also provide innovative services, and better experiences, in order to meet the expectations of the customers. Online dating is easy to use, convenient, quick, and requires less effort. Moreover, it enables one to limit the number of people who can contact them by using various available features. Hence it is highly adopted and propelling market growth.
The rising number of users of apps such as Tinder, Bumble, Grindr, and others is further projected to contribute to the market growth. Tinder has significant popularity having over 6.7 million average subscribers as of the fourth quarter of 2020.
The COVID-19 outbreak has further increased the number of users of online dating platforms across the globe. The restrictions by the governments of several countries on traveling and the closure of shops, malls, and cafes further encouraged its adoption across the globe. This has led to substantial growth in subscriptions on various online dating platforms worldwide. For instance, Bumble users increased to 1,142.1 thousand in 2020 from 855.6 thousand in 2019. Therefore, the significant increase in the users of online dating platforms across the globe during the pandemic further accelerated the market growth.
Several companies introduced new features keeping in mind the pandemic scenario. Some of the pandemic-special features include a virtual badge that shows people open to virtual dating, a vaccinated badge, video calling, gamification of chats, and so on. Grindr made some changes to its existing features, which included Video Chat, available free to all users. It also shared a COVID-related sexual health guide developed by the City of New York to help users to understand viral transmission risks.
Platform Insights
Based on the platform, the targeted market is further classified into application and web portals. Among these, the application segment contributed to a larger revenue share of over 82% in 2022. A significant portion of the young population uses mobile applications for online dating across the globe, which further supports the market share. Moreover, the growing popularity of apps such as Tinder, Bumble, Badoo, and others across the globe further contributed to the market share. For instance, the average number of subscribers on Tinder increased to 10.4 million in 2020 from 7.9 million in 2018. Therefore, the growing number of subscribers shows the rising popularity of such online dating apps that further contributed to the highest market share.
The web portals segment is forecast to advance with a significant CAGR of 6.2% during the forecast period. The rising number of internet users, coupled with significant usage of online dating websites across the globe, further contributes to the growth. For instance, eHarmony is one of the leading online dating websites that has around 15 million matches. Additionally, the significant advancements in website advertising tools and consumer interest tracing tools are further projected to contribute to market growth.
Revenue Generation Insights
Based on revenue generation, the market is classified into subscription and advertisement. Subscription accounted for the largest revenue share of over 63% in 2022 and is expected to continue its dominance over the forecast period. and is expected to continue its dominance during the forecast period. Free applications offer limited features and charge a subscription fee for premium features, as subscription fees vary depending on the apps. Thus, most users adopt subscription models to access the features. Paid subscriptions include unlimited likes and swipes, no ads, and read receipts.
The market is further divided into age, gender, and type based on subscription. The age group is segmented into 18-25 years, 26-34 years, 35-50 years, and above 50 years. The age group 18-25 years accounted for the largest revenue share of 36% in 2022, followed by the 26-34-year age group. The segment's growth is attributed to the growing inclination of the younger generation toward online dating. As per the industry analysis, Tinder is the major player, followed by Bumble in the age group of 18-25 years. The 26-34-year age group is anticipated to progress at the highest CAGR during the forecast period.
Regional Insights
Asia Pacific is forecast to grow with the highest CAGR of 8.5% from 2023 to 2030. China and India are positively contributing to the growth of the market. The major factors that propel regional growth include the growing trend of online dating sites and apps among the young population in emerging economies. Additionally, substantial growth in smartphone penetration, coupled with growing digitalization in China and India, further propels market growth. An increasing number of users of online dating apps across China, India, and other emerging economies is further projected to provide ample opportunities to the market.
North America is estimated to hold a major revenue share of more than 36% in 2022. The U.S. is positively contributing to the growth of market revenue. The presence of well-established online dating platforms such as Tinder, Bumble, Badoo, and others is one of the driving factors for market growth. For instance, in North America, the average number of subscribers of Match Group online dating service providers was 4.1 million in 2018, which further increased to 4.9 million in 2020. Growth in North America’s average subscribers was primarily driven by Tinder, Hinge, BLK, and Chispa apps.
Key Companies & Market Share Insights
The online dating industry is always changing and updating. In order to stay head-on, players tend to launch new strategies more frequently. Key players are focusing on increasing investments in advertisements through social sites to increase the user base in the market. Moreover, major players are targeting new regions and demography to increase the user base and expand their number of theatres, by either entering the new market solely or by collaborating with local companies across the globe.
Key players are also undertaking major business initiatives such as mergers and acquisitions, partnerships, agreements, the launch of new features, global expansion, and others. For instance, in February 2022, Bumble announced its first acquisition. Bumble acquired Fruitz which is a French dating app. This strategy was adopted by Bumble to expand its footprint in Canada and Western Europe. In addition, in May 2018, Badoo announced the launch of a new feature in its application. This application enables the user to chat face-to-face on live video. Some of the prominent players in the market include:
- Match Group, LLC (Tinder)
- Bumble Inc.
- Grindr LLC
- eHarmony, Inc.
- Spark Networks, Inc.
- The Meet Group, Inc
- rsvp.com.au Pty Ltd.
- Coffee Meets Bagel
- Cupid Media Pty Ltd.
- Elite Singles
- The League App, Inc.
Online Dating Market Report Scope
Report Attribute
Market size value in 2023
Platform Insights
Based on the platform, the targeted market is further classified into application and web portals. Among these, the application segment contributed to a larger revenue share of over 82% in 2022. A significant portion of the young population uses mobile applications for online dating across the globe, which further supports the market share. Moreover, the growing popularity of apps such as Tinder, Bumble, Badoo, and others across the globe further contributed to the market share. For instance, the average number of subscribers on Tinder increased to 10.4 million in 2020 from 7.9 million in 2018. Therefore, the growing number of subscribers shows the rising popularity of such online dating apps that further contributed to the highest market share.
The web portals segment is forecast to advance with a significant CAGR of 6.2% during the forecast period. The rising number of internet users, coupled with significant usage of online dating websites across the globe, further contributes to the growth. For instance, eHarmony is one of the leading online dating websites that has around 15 million matches. Additionally, the significant advancements in website advertising tools and consumer interest tracing tools are further projected to contribute to market growth.
Key Companies & Market Share Insights
Blind Date is a social experience that pairs users before allowing them to view each other s profiles, making the first impression based on dialogue rather than photographs. An increasing number of users of online dating apps across China, India, and other emerging economies is further projected to provide ample opportunities to the market.
Market players in the online dating application industry are adopting technologies such as artificial intelligence in online dating applications. Several new features are being introduced regularly on these dating apps in an attempt to keep their existing consumer base satisfied as well as expand their consumer base. Industry players are undertaking mergers and acquisitions with their competitors to expand their geographic presence and capture the escalating market potential. For instance, in February 2022, Bumble Inc. announced the acquisition of Fruitz, a dating app specifically catered for the younger audience generally called Gen Z. Fruitz has seen rapid growth across France, Netherlands, Belgium, Sweden, Switzerland, and Canada in recent years. The acquisition would enable Bumble Inc. to expand its presence in these countries.