openPR Logo
Press release

Online Dating Market worth $8.06 billion by 2030, growing at a CAGR of 7.70% - Exclusive Report by 360iResearch

03-04-2024 06:03 AM CET | IT, New Media & Software

Press release from: 360iResearch

Online Dating Market | 360iResearch

Online Dating Market | 360iResearch

The "Online Dating Market by Services (General Online Dating Services, Merging Online Dating Services, Niche Online Dating Services), Product (Apps, Website), Subscription, Age Group, Business Model - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Online Dating Market to grow from USD 4.79 billion in 2023 to USD 8.06 billion by 2030, at a CAGR of 7.70%.

Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/online-dating?utm_source=openpr&utm_medium=referral&utm_campaign=sample

Online dating is a digital platform and service designed to facilitate the introduction and interaction of individuals who are interested in developing romantic and personal relationships. Through a variety of websites and applications, users can create personal profiles that include photos, biographical details, interests, and other pertinent information. These platforms often employ algorithms and matchmaking processes to suggest potential partners based on compatibility metrics derived from user-inputted data. The increase in internet penetration and smartphone use, along with the changing cultural perceptions regarding online dating, are driving the growth of the online dating market. However, the presence of fake profiles and concerns about user safety and privacy impact the adoption of online dating digital platforms. Furthermore, the integration of advanced AI for better matchmaking capabilities and the development of secure environments and verification systems to increase user trust create opportunities for market expansion.

In the American region, the online dating industry is characterized by a high rate of internet penetration and the widespread acceptance of online dating services. Consumers in these regions exhibit a strong preference for convenience and comprehensive matchmaking algorithms. Investments have been pouring into niche dating services and new feature development, with dating apps increasingly incorporating video and virtual reality elements. The European countries present a diverse market with varying languages, cultures, and dating norms. The general trend shows an increasing adoption of online dating platforms, with a strong inclination towards localized services that understand cultural nuances. GDPR imposes stringent data protection requirements, influencing platform operations. The Middle East and Africa present contrasting scenarios within the EMEA region. While cultural and religious factors in the Middle East result in a more conservative approach to online dating. In the APAC region, the online dating market is robust, fueled by a massive population and strong mobile internet connectivity. An expanding user base of young, urban professionals is driving the adoption of dating apps, with a significant push towards platforms that offer safety features and respect cultural sensitivities.

Market Segmentation & Coverage:

This research report categorizes the Online Dating Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Services, market is studied across General Online Dating Services, Merging Online Dating Services, Niche Online Dating Services, and Relationship Services. The General Online Dating Services commanded largest market share of 37.21% in 2023, followed by Niche Online Dating Services.

Based on Product, market is studied across Apps and Website. The Apps commanded largest market share of 86.99% in 2023, followed by Website.

Based on Subscription, market is studied across Annually, Monthly, Quarterly, and Weekly. The Quarterly commanded largest market share of 34.21% in 2023, followed by Monthly.

Based on Age Group, market is studied across 18 to 24 Years, 25 to 34 Years, 35 to 44 Years, 45 to 54 Years, and 55 to 64 Years. The 25 to 34 Years commanded largest market share of 32.21% in 2023, followed by 35 to 44 Years.

Based on Business Model, market is studied across Non-Paid Online Dating Services and Paid Online Dating Services.. The Paid Online Dating Services. commanded largest market share of 68.04% in 2023, followed by Non-Paid Online Dating Services.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 36.50% in 2023, followed by Europe, Middle East & Africa.

Inquire Before Buying @ https://www.360iresearch.com/library/intelligence/online-dating?utm_source=openpr&utm_medium=referral&utm_campaign=inquire

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Online Dating Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Online Dating Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Online Dating Market, highlighting leading vendors and their innovative profiles. These include Bumble Inc., CharmDate, Clover Inc., Coffee Meets Bagel, Inc., Cupid Media Pty Ltd., Ecom Holdings Pty Ltd and, Eharmony, Inc., EliteMate.com LLC, Grindr LLC, HAPPN, Happn SAS, HER, Hily, InterracialMatch, Love Group Global Ltd., Match Group, Inc., MillionaireMatch, SeniorMatch, Snack, Spark Networks SE, Tastebuds Media Ltd., The Meet Group, Inc., TrulyMadly, and Zoosk, Inc..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Online Dating Market, by Services
7. Online Dating Market, by Product
8. Online Dating Market, by Subscription
9. Online Dating Market, by Age Group
10. Online Dating Market, by Business Model
11. Americas Online Dating Market
12. Asia-Pacific Online Dating Market
13. Europe, Middle East & Africa Online Dating Market
14. Competitive Landscape
15. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Online Dating Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Online Dating Market?
3. What is the competitive strategic window for opportunities in the Online Dating Market?
4. What are the technology trends and regulatory frameworks in the Online Dating Market?
5. What is the market share of the leading vendors in the Online Dating Market?
6. What modes and strategic moves are considered suitable for entering the Online Dating Market?

Read More @ https://www.360iresearch.com/library/intelligence/online-dating?utm_source=openpr&utm_medium=referral&utm_campaign=analyst

Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Online Dating Market worth $8.06 billion by 2030, growing at a CAGR of 7.70% - Exclusive Report by 360iResearch here

News-ID: 3408675 • Views:

More Releases from 360iResearch

Rising Incidence of Human Metapneumovirus in Vulnerable Populations Boosts Global Treatment Demand
Rising Incidence of Human Metapneumovirus in Vulnerable Populations Boosts Globa …
In recent years, the silent ascent of human metapneumovirus (HMPV) infections has begun to capture significant attention within the realm of infectious diseases. As we advance in medical science, unraveling complexities of age-old pathogens like common influenza or emerging illnesses like COVID-19, a critical discourse has been emerging around HMPV. Particularly, there seems to be a burgeoning acknowledgment of its growing impact on vulnerable global populations, propelling an increased demand
The Meat Alternatives Market size was estimated at USD 9.39 billion in 2023 and expected to reach USD 10.06 billion in 2024, at a CAGR 7.63% to reach USD 15.71 billion by 2030.
The Meat Alternatives Market size was estimated at USD 9.39 billion in 2023 and …
From Appetite to Advocacy: The Rising Demand for Meat Alternatives In recent years, the global food industry has been undergoing a remarkable transformation, driven primarily by an increasing consumer demand for healthier, sustainable, and ethically sourced food products. This seismic shift has brought traditional meat alternatives and high-protein plant-based foods into the spotlight. As the world becomes more conscious of the implications of meat consumption on health and the environment, the
The Mobility-as-a-Service Market size was estimated at USD 264.80 billion in 2023 and expected to reach USD 292.84 billion in 2024, at a CAGR 11.08% to reach USD 552.63 billion by 2030.
The Mobility-as-a-Service Market size was estimated at USD 264.80 billion in 202 …
Unpacking the Surge in Investments and Collaborations to Bolster Mobility-as-a-Service In recent years, as urban landscapes continually evolve, a transformative shift known as Mobility-as-a-Service (MaaS) has reshaped the way we perceive transportation. Marked by the integration of various forms of transport services into a single accessible on-demand mobility solution, MaaS is rapidly gaining traction across global cities. As an emerging paradigm, it's not just shaping the future of travel but also
The Data Center Services Market size was estimated at USD 56.65 billion in 2023 and expected to reach USD 62.23 billion in 2024, at a CAGR 9.99% to reach USD 110.34 billion by 2030.
The Data Center Services Market size was estimated at USD 56.65 billion in 2023 …
Smart City Revolutions: Why Data Center Colocation is the Future Backbone In the era of digital transformation, urban landscapes across the globe are undergoing a seismic shift toward becoming "smart cities." The concept of a smart city revolves around using digital technology, IoT (Internet of Things), AI, and data analytics at an unprecedented scale to improve urban infrastructure, manage resources efficiently, and enhance the quality of life for citizens. A vital

All 5 Releases


More Releases for Dating

All Dating Blog Launches Comprehensive Guide for Navigating the Dating World
Dating doesn't mean that you get the right one. It's just an opportunity to find the right one. If things work out, you end up being in a relationship. But if you don't feel that connection, you can end it right away and look for another dating partner. But during that whole process, knowing what he likes, what makes her happy, what online dating mistakes to avoid, etc. helps you
Dating App Never Married Dating Launches World's First Ever Dating App For Never …
Never Married Dating (nevermarrieddating.com), is a comprehensive, user-friendly dating app website. The platform is excited to announce its launch. Never Married Dating App [https://www.nevermarrieddating.com/] - a dating platform for people who have never been married before, has now officially launched. Never Married Dating (nevermarrieddating.com), is a comprehensive, user-friendly dating website. The platform is excited to announce its launch of its new app, offering mobile phone users a new way to find
Why Niche Dating Markets Can Be More Profitable Than Mainstream Dating
The dating industry has experienced a significant boom in recent years. With the rise of mainstream dating apps like Tinder and Bumble, the market seems to be saturated. However, while many affiliates and marketers operate in highly competitive mainstream sectors, the niche dating market offers a unique opportunity for higher profitability. Why is that? A High Level of Personalization is the Key to a Great Customer Experience In today's world,
Dating Website Academic Dating Turns 10 Years Old
Dating website Academic Dating celebrated its 10 year anniversary this year. The site now has 4,278 members from 144 countries. Melbourne, Australia -- Dating website Academic Dating (http://www.academicdating.net) achieved a milestone this year 2017, reaching 10 years of operation. The website was originally developed as a dating website for the academic community. However, people from a wide range of backgrounds joined the site and the site now has a wide base of members. The
Dating for Avatars: Virtual World Next Island’s Offers Virtual Dating Advice
New York, February 1, 2011, -- Free-to-play virtual world Next Island (NextIsland.com) introduces virtual dating coach, Metis. Dating and relationship expert J from the popular website Geek’s Dream Girl (GeeksDreamGirl.com) will be live in Next Island’s Crystal Resort as avatar dating coach, Metis, answering players’ questions on life and love. J has written extensively on dating and romance, and, with Geek’s Dream Girl, she’s helped hundreds of online daters find love. Next
Dating Service Reviews Top Online Dating Sites
Dating Service provides a review of the top online dating sites and is designed to help you find your perfect someone. The site also provides a complete online dating guide to make your experience of finding a perfect and compatible match, as easy and satisfying as possible. It features a complete guide that includes tips, dos and don’ts, guidelines and other important issues to give you a complete online dating