Online Dating Market: Global Industry Analysis and Forecast (2023-2029) Trends, Statistics, Dynamics, Segmentation by service, subscription, and Region.

Online Dating Market size was valued at US$ 2.71 Bn. in 2022 and the total revenue is expected to grow at CAGR 7.24% through 2022 to 2029, the Online Dating Market is reaching nearly US$ 4.42 Bn.

Global Online Dating Market Overview:

Online Dating is also known as Internet Dating, is a platform where people introduce themselves and find connections to develop personal, romantic, or sexual relationships. Online Dating platforms offer digital messaging, voice calling, and video calling features to enhance communication among people. Currently, in society, online dating services have become a social trend to increase the interaction among common interest people. There are around more than 1,500 online dating sites and applications across the globe and they used complex algorithms to match millions of users together.Online Dating MarketTo know about the Research Methodology :- Request Free Sample Report

Global Online Dating Market Dynamics:

Increasing usage of internet services enhancing the accessibility of various online platforms for dating is one of the key factors, is driving the growth of the Online Dating Market across the globe. According to Telecom Regulatory Authority, As of January 2022, there are 4.66 billion active users across the globe, which are 59.6 % of the global population. The investor sees online dating as a worthwhile market, which is expected to accelerate the business's growth. A growing number of dating, online meetings, texting, and marriages are boosting the number of websites, applications, and software for online dating is fueling the significant growth of the Online Dating Market. Social trends and increased dating and marriage outside traditional social circles growing the rates of interracial marriage, attributing the growth of the Online Dating Services Market during the forecast period. On 29 March 2022, Tinder Inc. one of the leading companies for online dating services has announced, the company has recorded around more than 3 billion swipes to fuels growth in online dating apps. In Oct 2022, Match Group’s Hinge app added audio recording features to its app, which is a new feature among all online dating service providers. The addition of interactive media experiences is boosting the product demand growth during the forecast period. Global Dating App Users: In 2022, there were about 1.250 billion online dating sites or app users around the world. The number is expected to reach 1.310 billion in 2022. Global Dating App Market Share:

Global Online Dating Market Segment Analysis:

Based on the Service, the Online Dating Market is segmented into Matchmaking, Social Dating, Adult Dating, and Niche Dating. The Social Dating segment held the largest market share accounted for 34.10% in 2022, and it is expected to grow at a CAGR of 8.1% during the forecast period. The rising factors like instant hook-ups relationships by using online dating services are fueling the rapid growth of this segment. The accessibility of smartphones and internet connectivity has risen the usage of dating services among people has allowed dating service providers to grow rapidly across the globe. Based on the Subscription, the Online Dating Market is segmented into Annually, Quarterly, Monthly, and Weekly. The quarterly subscription segment held the largest market share of 29.36% in 2022, and it is expected to witness rapid growth at a CAGR of 6.9% during the forecast period. The major players like Tinder, Badoo, and in the online dating services market provide attractive offers to boost subscriptions and sales, resulting in the online dating industry's overall growth across the globe. For instance, Tinder is providing remunerative offers and deals to the consumer, who are choosing a quarterly subscription after more than one iteration. These kinds of approaches from companies are expected to further boost the demand for this segment. The Weekly Subscription is expected to grow at a CAGR of 2.93% during the forecast period. The add-on paid features and high cost of subscription provide sluggish market growth of this segment.

Global Online Dating Market Regional Insights:

North America region held the largest market share accounting for xx% in 2022. North America is known as one of the mature markets for the online dating services industry. According to Online Dating Industry, in the U.S., about 0.073 billion users are active on different online dating apps in 2022, thus increasing the growth of this market. Tinder, Badoo, Bumble, and PlentyOfFish were the most common dating platforms in the United States in 2022. Asia Pacific region is expected to witness a significant CAGR of 8.4% during the forecast period. In the Asia Pacific region, India and China are dominating the markets, as the increasing trend of online dating and changing lifestyles are fueling the market for this region. The objective of the report is to present a comprehensive analysis of the Trampoline Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. Top 5 Countries by Online Dating Revenue: PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Trampoline Market dynamic, structure by analyzing the market segments and projecting the Trampoline Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Online Dating Market make the report investor’s guide.

Global Online Dating Market Scope: Inquire before buying

Global Online Dating Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: US $ 2.71 Bn.
Forecast Period 2023 to 2029 CAGR: 7.24% Market Size in 2029: US $ 4.42 Bn.
Segments Covered: by Service Matchmaking Social Dating Adult Dating Niche Dating
by Subscription Annually Quarterly Monthly Weekly
by Demographics Adult Baby Boomer

Global Online Dating Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Key Players

1. Tinder 2. Bumble 3. OkCupid 4. Coffee Meets Bagel 5. 6. Her 7. Grindr 8. Plenty of Fish 9. Zoosk 10. eHarmony 11. JiaYuan 12. BaiHe 13. ZheNai 14. YouYuan 15. NetEaseand

Frequently Asked Questions:

1] What segments are covered in the Online Dating Market report? Ans. The segments covered in the Market report are based on Service , Subscription and Demographics . 2] Which region is expected to hold the highest share in the Online Dating Market? Ans. The North America region is expected to hold the highest share in the Market. 3] What is the market size of the Online Dating Market by 2029? Ans. The market size of the Market by 2029 is US $ 4.42 Bn. 4] What is the forecast period for the Online Dating Market? Ans. The Forecast period for the Market is 2023-2029. 5] What was the market size of the Online Dating Market in 2022? Ans. The market size of the Market in 2022 was US $ 2.71 Bn.
1. Global Online Dating Market: Research Methodology 2. Global Online Dating Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Online Dating Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Online Dating Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Online Dating Market Segmentation 4.1 Global Online Dating Market, by Service (2022-2029) • Matchmaking • Social Dating • Adult Dating • Niche Dating 4.2 Global Online Dating Market, by Subscription (2022-2029) • Annually • Quarterly • Monthly • Weekly 4.3 Global Online Dating Market, by Demographics (2022-2029) • Adult • Baby Boomer 5. North America Online Dating Market(2022-2029) 5.1 North America Online Dating Market, by Service (2022-2029) • Matchmaking • Social Dating • Adult Dating • Niche Dating 5.2 North America Online Dating Market, by Subscription (2022-2029) • Annually • Quarterly • Monthly • Weekly 5.3 North America Online Dating Market, by Demographics (2022-2029) • Adult • Baby Boomer 5.4 North America Online Dating Market, by Country (2022-2029) • United States • Canada • Mexico 6. Europe Online Dating Market (2022-2029) 6.1. European Online Dating Market, by Service (2022-2029) 6.2. European Online Dating Market, by Subscription (2022-2029) 6.3. European Online Dating Market, by Demographics (2022-2029) 6.4. European Online Dating Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Online Dating Market (2022-2029) 7.1. Asia Pacific Online Dating Market, by Service (2022-2029) 7.2. Asia Pacific Online Dating Market, by Subscription (2022-2029) 7.3. Asia Pacific Online Dating Market, by Demographics (2022-2029) 7.4. Asia Pacific Online Dating Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Online Dating Market (2022-2029) 8.1 Middle East and Africa Online Dating Market, by Service (2022-2029) 8.2. Middle East and Africa Online Dating Market, by Subscription (2022-2029) 8.3. Middle East and Africa Online Dating Market, by Demographics (2022-2029) 8.4. Middle East and Africa Online Dating Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Online Dating Market (2022-2029) 9.1. South America Online Dating Market, by Service (2022-2029) 9.2. South America Online Dating Market, by Subscription (2022-2029) 9.3. South America Online Dating Market, by Demographics (2022-2029) 9.4 South America Online Dating Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 Tinder 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Bumble 10.3 OkCupid 10.4 Coffee Meets Bagel 10.5 10.6 Her 10.7 Grindr 10.8 Plenty of Fish 10.9 Zoosk 10.10 eHarmony 10.11 JiaYuan 10.12 BaiHe 10.13 ZheNai 10.14 YouYuan 10.15 NetEaseand

About This Report

Report ID 96102
Category Information Technology & Telecommunication
Published Date July 2023
Updated Date