Online dating market segmentation

online dating market segmentation

How competitive is the online dating services market?

Thus, the online dating services market is turning out to be highly competitive. The players in the market strategize on continuous improvement in their services that cater to the varying needs and requirements of their target customers.

What are the different types of online dating services?

Based on services, the online dating services market is segmented into matchmaking, social dating, adult dating, and niche dating. Among these services, the social dating services segment accounts for a higher share.

Which segment holds the highest market share in the dating industry?

The social dating segment holds a relatively higher market share in 2019. Owing to factors like instant hookups or non-monogamous relationships. Moreover, social dating has different business models like free subscriptions and paid subscriptions.

What are the factors restraining the growth of online dating market?

Scammer’s abuse, publishing intimate photos, attacks, and criminal cases are the factor restraining the online dating market growth. Global Online Dating Market is segmented based on Service, Subscription, Demographics, And Geography. To Get Summarized Market Report By Service:- Download Sample Report Now

What is the value of the online dating market?

The global online dating services market was valued at $6,400.0 million in 2017, and is projected to reach $9,202 million by 2025, growing at a CAGR of 4.7% from 2018 to 2025. The dating service industry has exhibited strong growth in terms of sales, and has been evolving continuously over the past couple of decades.

What is the segmentation of global online dating market?

Global Online Dating Market is segmented based on Service, Subscription, Demographics, And Geography. To Get Summarized Market Report By Service:- Download Sample Report Now Based on Service, the market is bifurcated into Matchmaking, Social Dating, Adult Dating, and Niche Dating.

What is North America’s role in online dating industry?

North America is being considered as the matured market for online dating services industry. This is attributed to the fact that the U.S. population accounts for higher number of singles, which turns out be the customer base for various online dating services providers.

What are the factors restraining the growth of online dating market?

Scammer’s abuse, publishing intimate photos, attacks, and criminal cases are the factor restraining the online dating market growth. Global Online Dating Market is segmented based on Service, Subscription, Demographics, And Geography. To Get Summarized Market Report By Service:- Download Sample Report Now

What are the factors affecting the growth of the online dating market?

The increasing adoption of smartphones and the growing penetration of the internet around the world are some of the significant factors affecting the growth of the online dating market in the given analysis period. Furthermore, the increasing number of singles has become a global phenomenon is anticipated to contribute to the growth of the market.

What is the forecast period of online dating market research report?

Growth of the overall global online dating market has also been forecasted for the period 2020-2024, 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., Spark Networks SE, ProSiebenSat.1 Group (eHarmony) and Bumble.

What is the segmentation of global online dating market?

Global Online Dating Market is segmented based on Service, Subscription, Demographics, And Geography. To Get Summarized Market Report By Service:- Download Sample Report Now Based on Service, the market is bifurcated into Matchmaking, Social Dating, Adult Dating, and Niche Dating.

Which region is expected to hold largest market share of online dating?

North America is expected to hold the largest market share of Online Dating over the forecast period followed by Europe. North America is being considered as the mature market for the online dating services industry. According to 2016 data, approximately 43 million users were active on different online dating apps in North America.

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