The latest research study by IMARC Group, “Dating Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” offers a comprehensive analysis of the industry, which comprises insights on global dating services market share. The market size reached US$ 8.07 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 12.12 Billion by 2027, exhibiting a growth rate (CAGR) of 6.70% during 2022-2027.
Dating services represent online platforms where members can connect with new people and find new partners. Online dating services usually offer digital messaging that enhances communication and aids match the user with a suitable compatible individual. They provide a user-friendly interface, real-time messaging, a broad social network, location-based dating features, etc. Consequently, online dating services are gaining traction among the millennial population. They can conduct the search on their own by applying filters based on factors, including age, gender, location, etc., to find an instant match according to their lifestyle and outlook. Numerous dating services offer in-app voice calling and video calling features, along with text messaging, to enhance communication between individuals.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Dating Services Market Trends and Drivers:
The increasing exposure of individuals to several social media platforms and the emerging trend of making online connections are among the key factors stimulating the dating services market. Apart from this, convenience in navigating and documenting romantic relationships via these services and the elevating popularity of online dating apps are acting as another significant growth-inducing factor. Moreover, the rising internet penetration is positively influencing the global market. Besides this, the growing number of single individuals looking for specific characteristics for finding a suitable partner is also propelling the market growth. Furthermore, the widespread adoption of marketing strategies by the key market players is bolstering the global market. Additionally, the inflating disposable income levels of consumers, the development of smart devices, and extensive investments in R&D activities are expected to fuel the dating services market over the forecasted period.
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Dating Services Market Report Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Who are the Key players in Dating Services Market?
- Bumble
- Coffee Meets Bagel
- Eharmony (Parship Group GmbH)
- Love Group Global Ltd
- Match Group Inc.
- rsvp.com.au Pty Ltd
- Ruby Life Inc.
- Spark Networks SE and The Meet Group Inc. (ParshipMeet Holding GmbH).
The report has been segmented the market into following categories:
Breakup by Type:
- Online
- Traditional
Breakup by Service:
- Matchmaking
- Social Dating
- Adult Dating
- Niche Dating
Breakup by Demographics:
- Adult
- Generation X
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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