Online dating global revenue

online dating global revenue

How big is the global online dating market?

Since the launch of Tinder, hundreds of dating services have appeared on app stores worldwide. Investors are taking notice of this booming market, while analysts estimate the global online dating market could be worth $12 billion by next year.

How many online dating users are there in 2021?

In 2019, there were about 219.7 million online dating sites or app users around the world. The number is expected to reach 234.1 million in 2021 and reach 276.9 million in 2024. (Statista, 2020) In the US, there were more or less 30.4 million online dating service users. This number is expected to reach 35 million come 2024 (Statista, 2020)

How popular are online dating services in the US?

In the US, there were more or less 30.4 million online dating service users. This number is expected to reach 35 million come 2024 (Statista, 2020) Online dating services are basically interest-based social networks. And, as social media trends show, social networks will remain popular for the foreseeable future.

Are dating apps owned by just one group?

Investors are taking notice of this booming market, while analysts estimate the global online dating market could be worth $12 billion by next year. But it might surprise you that despite the growing variety of dating options online, most popular apps are owned by just one group.

How big is the online dating market in the US?

Revenue in the Online Dating segment is projected to reach US$3,677m in 2022. Revenue is expected to show an annual growth rate (CAGR 2022-2025) of 6.56%, resulting in a projected market volume of US$4,449m by 2025. In the Online Dating segment, the number of users is expected to amount to 478.5m users by 2025.

How many online dating users are there in 2021?

In 2019, there were about 219.7 million online dating sites or app users around the world. The number is expected to reach 234.1 million in 2021 and reach 276.9 million in 2024. (Statista, 2020) In the US, there were more or less 30.4 million online dating service users. This number is expected to reach 35 million come 2024 (Statista, 2020)

How has the online dating industry changed since 2017?

This includes the online dating industry, which has been growing since 2017 at a really high pace. While every other industry seems to have mostly been negatively affected by the outbreak, the online industry has gotten stronger. In 2017, the worldwide online dating revenue reached $779 million.

What is the online dating market valuation in 2020?

Online Dating Market is projected to reach USD 10,378.67 Million by 2027, growing at a CAGR of 4.98% from 2020 to 2027. What is Online Dating Market?

Are all dating apps owned by one company?

But it might surprise you that despite the growing variety of dating options online, most popular apps are owned by just one group. Today, nearly all major dating apps are owned by the Match Group, a publicly-traded pure play that was spun out of IAC, a conglomerate controlled by media mogul Barry Diller.

What is the best dating app for a group date?

Without a doubt, Match is going to be the best app for you to find singles for a group date. They have around 30 million users and a free membership, so you and a friend can join, upload your information and photos, browse for and receive matches, and communicate without having to spend a penny.

How many dating sites does match group own?

According to reports, Match Group now owns more than 45 dating-related businesses, including 25 acquisitions. As Match Group continues to swallow up the online dating market, it now boasts dating sites or apps in every possible niche – including the four most-used apps in the United States.

How much is the dating app market worth?

Analysts estimate the global dating app market will be worth about $12 billion a year by 2020. The dating app empire owned by the umbrella company InterActiveCorp (IAC) was founded in 1995, with Match.com as its cornerstone.

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