In the last few years, the service sector has boomed tremendously. With the growth of Internet penetration throughout the world, the service industry has developed through the use of its online service for comfortable and simple access. The online dating sector has pursued the same trend. Online dating service provides an optimal platform for consumers to communicate via computer or mobile apps with interested individuals. With more and more consumers embracing the concept of meeting a random stranger through internet renowned services, internet dating services have become highly credible. The verification procedures have also been tightened because very few counterfeit profiles have become a secure environment for customers in the online dating service. This report on the global online dating services market offer exhaustive insights into the industry. The report considers the factors boosting the global online dating services market, with in-depth focus on the latest trends impacting the industry. The report throws light on the business landscape of the global online dating services market, and discusses strategies adopted by vendors to obtain greater market shares.
Online Dating Market By Services, By Subscription, By Demographics, By Geography & Forecast
Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the Online Dating market. It is well known that some changes, for the worse, were administered by the pandemic on all industries. In market segmentation by manufacturers, the report covers the following companies-.
Business owners looking to scale up their business can refer this report that contains data regarding the rise in sales within a given consumer base for the forecast period, to Product owners can use this information along with the driving factors such as demographics and revenue generated from other products discussed in the report to get a better analysis of their products and services. Besides, the research analysts have compared the market growth rate with product sales to enable business owners to determine the success or failure of a specific product or service.
Download Citation | Market segmentation on dating platforms | Individuals from two Income attraction: An online dating field experiment.
The report includes market size, Y-O-Y growth analysis and structure of the overall industry based on a unique combination of industry research, fieldwork, market sizing analysis, and our in-house expertise. The market research report demonstrates market dynamics which includes growth drivers, restraining factors and opportunities and trends spearheading current nature and future status of this market. Our general approach is to target several individuals with specific questions that we believed would satisfy our research objective.
Further, to speed up the data collection process, we employed an online survey, delivered via email. The research team analyzed the results to identify potential opportunities and risks for the market. In addition, the report offers recent industry activities and value chain analysis for the Online Dating Services Market. Along with figures and tables, a market attractiveness and BPS analysis has been provided for every segment in the report.
The report analyses the market by geographies i. Further, the geographies are fragmented into the country and regional groupings:. The research offers a comprehensive analysis of global Online Dating Services Market with respect to following sub-markets:. The report also highlights the competitive landscape of the global Online Dating Services Market, market share and positioning of all the major players in the industry. The report includes profiles of leading companies in the global Online Dating Services Market.
Some of the key players profiled include:.
Global Online Dating Services Market 2020-2024
This report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered. Mintel provides a range of market information across categories including: forecasting and share information; internal and broader market environment information; and the issues that affect the market in question.
Mintel conducts exclusive and original consumer research for reports, bringing up-to-date and unique insight to topical issues. This research examines the impact of social, economic, cultural and psychological influences on consumers. Our brand research provides data and informed analysis across a number of consumer metrics including usage, satisfaction, recommendation, momentum and trust.
The Global online dating services market has been segmented by service type, by gender, by age group and key geographies. Based on service type the market.
Toggle navigation. By Sector. View All Industry Reports. Australia Company Profiles. Dating Services in the US industry trends Dating Services in the US industry outlook poll Average industry growth : x. Dating Services in the US industry statistics. Biggest companies in the Dating Services industry in the US.
The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. 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.
Dated and industry is a cagr of many operators offering services market segmentation, and forecast. In the online dating services market. Dated and.
In the United States alone, there were 33,, people who visited dating sites in The executive Director of Match. He feels the aged group is gravitating towards the social networking sites like MySpace. Supporting that trend, LavaLife. Apparently by February , the year old age group is moving toward the social networking sites like MySpace so the Executive Director of Match. In this same article, peripheral sites are explained that are social niches concentrating on specific target groups, ones that narrow the focus to specifics such as single Christians, Jews, liberals, conservatives, gays, lesbians and in one case, “unusually good looking” single people.
That last one would be HotEnough. EHarmony has recently expanded their online mating services to include married people by offering services that could help troubled or broken marriages. The Internet Dating Industry continues to grow as it entrenches into US culture and expands overseas, particularly in Europe.
Overseas London, U.
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Technavio has published a new report on the global online dating services market from Graphic: Business Wire. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions. Online dating services are a very convenient and hassle-free way of finding a match. One of the major factors influencing their growth is the increasing number of vendors suggesting the matches in line with the preference of the user.
This increases the probability of matches and thus the efficiency of the service.
International “Online Dating Services” Market business Research 5 Online that is global Dating Market-Segmentation by Type
Purchase this report now and if we publish a new version within 90 days, we will send you a free copy. Licensing options. Allows all employees of an organization to access the purchased report. It also permits the use of up to 4 paragraphs or 1 page of the report externally in whitepapers, press releases, and marketing collateral. The online dating services market size has the potential to grow by USD 3. Request a FREE sample now! The market is fragmented.
Online Dating Market Growing Trends and Technology forecast 2020 to 2024
The MarketWatch News Department was not involved in the creation of this content. The Online Dating Services Market Report delivers current state, openings, limits, drivers and also the evolution forecasts of the market by Profound investigation about Online Dating Services market standing, enterprise competition outline, welfares and drawbacks of enterprise stock, Online Dating Services industry development trends, regional industrial layout features and economics policies, industry News and Strategies by Regions has additionally been enclosed.
Research report contains data about following major players in Online Dating Services market, which strategically profile the key players and comprehensively analyse their growth strategies.
Market Challenge:Threats in major regions. Global Online Dating Services Market Segmentation: Type: • Casual • Socialize •.
The global online dating services market report has been segmented on the basis of preference, age, gender, subscription, and region, to offer in-depth analysis of the market. Online dating, also known as Internet dating, is a platform which enables people to find and make new connections with individuals having similar interests with an aim to develop romantic relationships.
Increasing adoption of smartphones and rising inclination towards online networking platforms to connect with people from different countries usually for making a romantic or sexual connection is expected to drive growth of the market to a significant extent. In addition, increasing number of networking portals for matchmaking, coupled with shifting preference towards new options such as matchmaking sites by parents to search for a fit spouse for their offspring is another key factor expected to support growth of the market in the years to come.
Moreover, millennials are being very conscious when it comes to finding their better halves and consider it very important to take into account the perception of the other person towards certain aspects in life, and check on common liked or dislikes to conclude on compatibility. Furthermore, rising number of single parent, and need for connecting with someone with similar interests and life experiences for casual or adult dating is projected to fuel growth of the target market.
However, increasing number of distrust issues due to wrong information provided on profile may affect credibility and result into low adoption of online dating sites to a certain extent. Increasing focus of service providers on collecting identity proof and references for proper background check before the user opens an account can create trust worthiness among users and lead to significant revenue growth opportunities for service providers in the target market.
One of the macro trends observed in the global online dating services market is that key players are focusing on adopting high-end technology for development of apps or websites in order to offer enhanced user experience and sustain in the market with large customer base. Among the service type segments, the social dating services segment is estimated to account for comparatively higher revenue share.
This can be attributed to increasing preference for social dating specifically by millennials where individuals look for instant hookups, casual dating, or maybe just chatting. Among the subscription segments, the quarterly subscription is most preferred currently, which has encouraged major companies to provide lucrative offers for quarterly subscription plan in order to increase the number of subscribers on this plan.
For instance, eHarmony and Tinder are among the providers who offer remunerative plans to subscribers opting for quarterly subscription for more than one time. The market in North America is expected to dominate in the global market in terms of revenue over the forecast period, owing to high adoption of Online Dating Services and related products, coupled with consciousness regarding appearance among population in countries in the region.
As the access to this document is restricted, you may want to search for a different version of it. Andrei Hagiu, Gehrig, Thomas, Thomas Gehrig, Bruno Jullien, Full references including those not matched with items on IDEAS More about this item Keywords Matching ; Two sided markets ; Competing platforms ; Market segmentation ; Asymmetric information ; Statistics Access and download statistics Corrections All material on this site has been provided by the respective publishers and authors.
Online Dating Market Segmentation By Qualitative And Quantitative Research Incorporating Impact Of Economic and Non-Economic Aspects.
Email Address. Sign In. A Recommendation Approach Dealing with Multiple Market Segments Abstract: A new community and communication type of social networks – online dating – are gaining momentum. With many people joining in the dating network, users become overwhelmed by choices for an ideal partner. A solution to this problem is providing users with partners recommendation based on their interests and activities.
Traditional recommendation methods ignore the users’ needs and provide recommendations equally to all users.
Online dating market size
The 18 to 24 Years commanded the largest size in the Online Dating Market in On the other hand, the 55 to 64 Years is expected to grow at the fastest CAGR during the forecast period. The Website commanded the largest size in the Online Dating Market in The Americas commanded the largest size in the Online Dating Market in Company Usability Profiles: The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Online Dating Market including Badoo, Coffee Meets Bagel, eharmony, Inc.
The global online dating services market report has been segmented on the basis of preference, age, gender, subscription, and region, to offer in-depth analysis.
The Online Dating Services industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. With the slowdown in world economic growth, the Online Dating Services industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Online Dating Services market size to maintain the average annual Growth rate of 0.
Besides, the Online Dating Services report also covers segment data, including type segment, industry segment, channel segment, etc. This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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Online Dating Industry: The Business of Love
Online Dating Services market research report is a base analysis of the recent and latest scenario of the industry. A detailed study of market done by our Online Dating Services professional and research experts team. This Online Dating Services market report offers company details, volume study, product scope, manufacturing cost and price, profit, supply and demand, import-export activities and consumption.
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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. The report delivers details regarding the growth opportunities and the inhibiting factors for this business vertical. This study specially analyses the impact of Covid outbreak on the Online Dating and Matchmaking , covering the supply chain analysis, impact assessment to the Online Dating and Matchmaking market size growth rate in several scenarios, and the measures to be undertaken by Online Dating and Matchmaking companies in response to the COVID epidemic.
An overview of the details provided in the Online Dating and Matchmaking market report :. A summary of the Online Dating and Matchmaking market as perthe product type and application scope :. Additional information concerning the competitive terrain of the Online Dating and Matchmaking market :. Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries.