Online dating industry growth. 53 million in 2020, is expected to reach USD 2,614. 15bn in 2024. The market's growth can be attributed to the increasing popularity of online dating apps such as Tinder, Match Group, and others among the younger generation. 2 Billion in 2022. Social dating is projected to be one of the most lucrative niches within the global online market, commanding 37% revenue share over time. Revenue in the Online Dating market is projected to reach US$0. 2 billion in 2022 to USD 10. 8% CAGR, hitting $3. User Base Expansion: The number of online dating users worldwide is projected to increase from 219. The dating service industry has exhibited strong growth in terms of sales, and has been evolving continuously over the past Online Dating Market Overview. Online dating services serve as a platform for connecting people Online Dating Market Growth & Trends. The global online dating market size was estimated at USD 17,281. 4% from 2023 to 2030. Aug 5, 2024 · A: Growth in the Online Dating Services market is driven by factors such as technological advancements, rising demand, and regulatory support. The rising penetration of the internet drives the market's growth. 2% . Online Dating Market size was valued at USD 9. The dating app market made $5. 26%. 99% from 2023. dollars) Revenue Aug 2, 2024 · How many people use online dating apps and what is the most popular digital dating platform? Find the most up-to-date statistics on online dating in the United States. 9% from 2022 to 2030. The global online dating market was valued at US$12. The market is expected to expand at a CAGR of 5. com LLC, Grindr LLC, Happn SAS, Love Group Global Ltd. The global Online Dating Market size was estimated at USD 7,806. 05 million in 2021, and projected to grow at a CAGR of 9. 02%, resulting in a projected market volume of Jun 11, 2021 · 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 (2021-2025). 64bn in 2024. , another major player in the online dating and matchmaking industry, has expanded its portfolio and market presence through both acquisitions and internal growth: Badoo : Bumble Inc. 5 billion in 2020. 26 Bn in 2024 and is projected to reach USD 13. Around 15% of US adults, or around 50 million Americans, say that they have or continue to use websites or mobile dating apps in their pursuit of romance. 8 billion by 2028. Industry Growth Insights published a new data on “Online Dating Market”. Online Dating Market Size was valued at USD 9. Revenue in the Online Dating market is projected to reach US$23. The Australia online dating service market size was valued at USD 66. What is the market size of the Dating Services industry in the US? IBISWorld's statistic shows that as of 2024 the market size of the Dating Services industry is $3. Revenue in the Online Dating market is projected to reach US$3. 8 Billion in 2023 to USD 17. Research Methodology for the Online Dating Market Analysis (2022-2028) Analyzing the historical market, estimating the current market, and forecasting the future market of the global online dating market were the three major steps undertaken to create and analyze the adoption of online dating in major regions globally. Mar 23, 2019 · This unique dataset charts a significant shift in the way couples meet each other, and demonstrates how our changing communication habits are driving massive growth in the online dating market. 6bn an increase of 0. The US online dating market measured $1. 6 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7. adults say they have ever used a dating site or app, identical to the share who said this in 2019. 5 million users globally, with a projected user penetration rate of 5. 592 billion by 2025, reflecting a CAGR of 8. Online Dating Services analysis includes a market forecast outlook 2029 and historical overview. 4% from 2023 to 2030, according to a new report by Grand View Research, Inc. Bumble Inc. The global online dating application market size was valued at USD 7,939. Tinder, Hinge, Match. com in 1995. 8 billion in 10 years. 39bn in 2024. The global online dating market is projected to grow to $3. The company acquired Tinder in 2017 and Hinge in 2018, kicking off a The global Online Dating Services market research report offers an in-depth analysis of the global market size, which is further segmented into regional and country-level market size, and segmentation market growth. 03%, resulting in a projected market volume . 65 billion in 2022 and is projected to register a compound annual growth rate (CAGR) of 7. Growth and Trends in the Dating App Industry May 21, 2024 · The "Online Dating and Matchmaking Market" report provides an in-depth analysis of the industry, offering forecasts for future growth. 22%, resulting in a projected market volume of Jul 23, 2023 · Online Dating Industry: Revenue and Growth The online dating industry is a significant and rapidly growing part of the global economy. 37 billion in 2021, May 8, 2023 · New York, May 08, 2023 (GLOBE NEWSWIRE) -- The online dating market size is projected to surpass around USD 23. 90m in 2024. 3, 2021 /PRNewswire/ -- The global online dating application market size is expected to reach USD 11. The Rise of Dating Apps. 7 million in 2019 to 276. Online dating scams resulted in losses exceeding $200 million in 2019. com, the online dating segment’s turnover in India is expected to reach $783 million by 2024 from $454 million in 2021. 34m in 2024. Jul 31, 2024 · The Online Dating & Matchmaking Market is projected to reach USD XX. 48%, resulting in a projected market 6 days ago · We have collected data and statistics on the dating app market. Jan 4, 2024 · By 2028, the Online Dating Market will have 452 Million+ Users; By 2028, the Online Dating market is expected to have 452. Online Dating Services Industry Report . 12 Bn by 2031, growing at a CAGR of 7. For the period from 2019 to 2032, this segmentation provides precise forecasts for sales by type and application Aug 5, 2024 · The "Online Dating Application Market" is experiencing diverse growth trends influenced by various geographical regions, including North America, the United States, Canada, the Asia-Pacific region Mar 21, 2024 · Industry market research reports, statistics, analysis, data, trends and forecasts. 18%, resulting in a projected market volume of Aug 4, 2023 · Swipe Right on Growth: According to Statista. 10m in 2024. com – the online dating industry is booming, with millions of users making dating platforms their preferred get-to-know-me method. COVID-19 induced lockdowns led Oct 24, 2023 · Global Online Dating Services Market is expected to cross USD 12 Billion market size, increasing from USD 8. The rise of online dating in the last decade goes hand in hand with the rise of dating apps. 29 Billion in 2022. The industry’s size and growth can be attributed to the increasing popularity of online dating services, driven by societal changes, technological advancements, and changing attitudes towards finding love online. Currently, dating apps reach 2. 8 billion by 2032 from USD 10. Revenue in the Online Dating market is projected to reach US$62. The online dating market is expected to reach a value of $2. Revenue of leading online dating markets worldwide as of 2023, by country (in million U. In 2022, the global online dating market was valued at USD 9. Dating services in the US will be a $3 billion a year business in 2018, growing since the previous year. 37 billion in 2021, and is expected to be worth US$28. , EliteMate. 7 million in 2023. Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 1. Oct 18, 2023 · Match Group's use of artificial intelligence and efforts to rejuvenate Tinder are expected to drive revenue growth and improve operating efficiency. The global online dating market size was valued at USD 9. Statistics for the 2024 Online Dating Services market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Get a sample of this industry analysis as a free report PDF download. S. 28 million by 2030 and is expected to expand at a CAGR of 7. 9 million in 2024. , Match Group Dating App Market Size. 1 billion in 2022 and it is poised to reach a According to Online Dating Industry, in U. 7%, up from 5. 8 billion by 2025. 6% from 2023 to 2030. 73%, resulting in a projected market volume of Dec 29, 2021 · The Global Online Dating Market size was estimated at USD 2,400. 49%, resulting in a projected market volume of The online dating market size is projected to grow from USD 10. 23% CAGR by 2023-28 The global online dating application market exhibited a significant valuation of USD 7,939. 4 billion by 2030 and is expected to expand at a CAGR of 6. The Online Dating Market industry is projected to grow from USD 9. 5% from 2022 to 2030. Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts. 82 billion by 2030, exhibiting a CAGR of 7. Growth: Bumble Inc. 80 million, expanding at an average compound annual compound growth rate of 9. 7% from 2018 to 2025. Jul 23, 2024 · The online dating industry has an annual growth rate of 5%. 58%, resulting in a projected market volume of Feb 19, 2024 · Online dating is still very popular, 31% thinking personal growth is and 25% say being debt-free is 2023 Data: 1 in 4 Americans Think Marriage Is An Outdated Concept. The market is further projected to grow at a CAGR of 7. 90. Online dating services serve as a platform for connecting people The global online dating market size was estimated at USD 16. The average revenue per user (ARPU) is predicted to be US$7. Revenue in the Online Dating market is projected to reach US$57. 03m in 2024. Q: What challenges are impacting the Online Dating Oct 26, 2021 · An analysis of online dating industry growth reveals that Bumble had the highest increase in paid subscribers early in the pandemic, as well as a second boost in summer 2021. X million by 2032, with a significant compound annual growth rate (CAGR) of XX. 65 billion, and it is anticipated to grow at a CAGR of 7. Also, it provides the market share, sales analysis, competitive landscape, the impact of domestic and global market participants Europe Online Dating Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029) The report covers Europe Online Dating Service Market is segmented by Type (Non-Paying Online Dating, Paying Online Dating), Country (Germany, UK, France, and Spain). Bloomberg Second Measure transaction data analytics feeds are now available for the first time via Bloomberg Data License. 23% reaching USD 4,077. Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 0. 50% during the forecast period (2023 - 2032). 34 billion revenue in 2022, $2. 25 billion by 2030, according to this new report. 7% between 2024 and 2032, reaching a value of USD 132. This growth can be attributed to factors such as increasing internet penetration, the rise of smartphone usage, and the changing attitudes towards online dating. 09, 2023 (GLOBE Mar 12, 2024 · Bumble’s larger competitor, Match Group, was an early player in the online dating market, starting with Match. Revenue in the Online Dating market is projected to reach US$1. Feb 2, 2023 · Three-in-ten U. It segments the market by product type (Matchmaking, Social Revenue in the Online Dating market is projected to reach US$6. Sign in to view more content Nov 27, 2023 · The online dating sector shows immense promise across all fronts: Strong Growth Projections Signal Big Opportunities. 2% from 2022-2033. 47m in 2024. 03% from 2024 to 2031 Europe's Diverse Landscape is a National variation in the European online dating industry are mostly due to cultural norms, social attitudes, and economic factors. Research Methodology. 30% from 2023 to 2030. 8 million in 2022 and is expected to grow at a CAGR of 5. The market is projected to expand by 5. 13 billion in 2021. 17%, resulting in a projected market volume of Aug 18, 2022 · The "Global Online Dating Market: Analysis By Platform (Application & Web Portal), By Services (Social Dating, Matchmaking, Adult Dating & Niche Dating), By Users (Non Paying Users &-Paying Users), By Region, Size and Trends with Impact of COVID-19 and Forecast up to 2027" report has been released. 6% by 2024, according to industry surveys. The key growth factors of the market include the growing subscribers of online dating mobile applications Revenue in the Online Dating market is projected to reach US$1. See full list on morganstanley. 36 billion in 2027. North America region emerged as Aug 16, 2024 · 25 Online Dating Statistics & Trends in 2024. Clever. The key growth factors of the market include the growing subscribers of online dating mobile applications such as Match Group, Bumble, and others coupled with the rising number of smartphones across the globe. Aug 10, 2022 · The global online dating market was valued at US$12. 65 billion in 2022 and is projected to have a CAGR of 7. 1 million by 2032. 0 million in 2017, and is projected to reach $9,202 million by 2025, growing at a CAGR of 4. 67%, resulting in a projected market volume of Jan 8, 2024 · Online dating services market size from USD 7. Read on below to find out more. That includes 9% who report doing so in the past year, according to the Center’s survey of 6,034 adults conducted July 5-17, 2022. acquired Badoo, a popular European dating platform, in a deal that combined two significant players in the industry. 6% from 2021 to 2028, according The online dating market is projected to experience exponential growth by 2032 and reach USD 23. 58m in 2024. So, if you want to create a dating app, this is the right time. Revenue in the Online Dating market is projected to reach US$198. Find out why MTCH stock is a Buy. 02m in 2024. Online dating applications are gaining tremendous popularity among young individuals, especially millennials. 03 billion by 2028, growing at a CAGR of 5. The global market is forecasted to grow with 7. Global online dating services generated $2. 8 billion came from Match Group; Over 300 million people use dating apps worldwide, with about 20 million paying for premium features Jul 29, 2024 · Growth and Revenue: The online dating industry has experienced significant growth, with global revenue expected to reach $3. 2 million in 2022 and is anticipated to witness steady growth over the forecast period from 2023 to 2030. Oct 9, 2023 · Rapid adoption of matchmaking platforms to search for a life partner and online dating to socialize and chat are some key factors driving market revenue growthVancouver, Oct. 34 billion in 2023 to USD 16. The global online dating application market size is expected to reach USD 12. Expert industry market research on the Dating Services in Australia (2024-2029). 75%, resulting in a projected market volume of The global online dating services market was valued at $6,400. 95%, resulting in a projected market volume of Aug 22, 2024 · The Online Dating Application market's growth is segmented by type and application. Nov 3, 2021 · SAN FRANCISCO, Nov. Dating app key statistics. 47bn in 2024. The research report is titled “Online Dating Market research by Types (18 to 24 Years, 25 to 34 Years, 35 to 44 Years, 45 to 54 Years, Others), By Applications (Male, Female), By Players/Companies Badoo, Coffee Meets Bagel, eharmony Inc. com Mar 27, 2024 · Digital Market Outlook: global revenue of online dating markets 2023, by country. Revenue is expected to show an annual growth rate (CAGR 2024-2029) of -1. Growing Adoption As online dating gains popularity and acceptance across Europe, younger generations are spearheading the growth of this phenomenon by using mobile apps. 2 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 7. , about 43 million users are active on different online dating apps in 2020, thus increasing the growth of this market. 2% of India’s total population, with projections of 3. 1% in 2024. However, Asia-Pacific is projected to outpace all the regions by clocking the highest CAGR during the forecast period 2021-2026 owing to the rising adult population and increasing Revenue in the Dating Services market is projected to reach US$402. Revenue in the Online Dating market is projected to reach US$69. Revenue in the Online Dating market is projected to reach US$53. Apr 3, 2024 · The global online dating industry was valued at USD 9. Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 2. 85 billion in 2021 revenue. rykeaiejkanztpsonpkqzkreevevrzoithnammygczhwjjz