Online dating platform can be termed as a social communicating tool for searching connections with shared interests or backgrounds for building a personal, romantic or casual relationship. A user has to create a profile on the website or app with his/her descriptive information and photos before they can connect to other people. The platform then analyses this information to display relevant matches. There is a growing demand for online dating applications owing to rising number of internet and smartphone users. The International Telecommunication Union stated in its report of 2019 that the number of internet users increased by 5.3% in 2019, and around 4.1 billion people are part of the internet. The report published by World Advertising Research Center (WARC) in January 2019 stated that around 3.9 billion people own at least one smart phone. The growing proliferation of internet and smart device users is bringing more users online. The growth in the internet natives has increased the average time people spend online, thus, influencing the social trends, communication habits and the way couples meet. Tech savvy single youths worldwide are inclining towards online dating as it eliminates the initial hesitance in physically meeting an unknown individual. For instance, the average subscribers of Match Group’s dating apps rose by 16% from 7.4 million in 2018 to 8.6 million in 2019. Thus, growing number of single youths, with internet connection and mobile phones, are propelling the growth of online dating market across the globe.
In terms of revenue, online dating market was valued at US$ 3056.0 Mn in 2018 and is anticipated to witness a compound annual growth rate of 11.08% over the forecast period. The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.
Get Sample Copy of this Report @
This market research report on the Online Dating Market is an all-inclusive study of the business sectors up-to-date outlines, industry enhancement drivers, and manacles. It provides market projections for the coming years. It contains an analysis of late augmentations in innovation, Porter’s five force model analysis and progressive profiles of hand-picked industry competitors. The report additionally formulates a survey of minor and full-scale factors charging for the new applicants in the market and the ones as of now in the market along with a systematic value chain exploration.
Top Key Players:
Some of the players operating in the online dating market are Badoo, Bumble, CoffeeMeetsBagel, eHarmony, Inc., Facebook, Friendfinder California Inc., HAPPN, HER, Inner Circle, LAVALIFE LTD., Lovestruck, Luxy, Magic Lab, Match Group, LLC, MillionaireMatch.com, OkCupid, Parship GmbH, People Media (Chemistry.com), Plentyoffish Media ULC, Tastebuds Media Ltd., Telegraph Media Group Limited, Tinder Inc., Widernet Communications Ltd. (Christian Connection) and Zoosk, amongst others.
Global Online Dating Market Research Report and accelerates a wide-ranging and focused look into this market. Market size is concluded through detailed study and examination through subordinate research. The report is an in-depth study of the key dynamics of the Global Market. The report includes primary research alongside comprehensive investigation of subjective as well as quantitative perspectives by different industry specialists, key supposition pioneers to gain profound understanding and industry execution.
Global Online Dating Market Report delivers a complete study on Global Market, providing detailed market information and penetrating insights. No matter the consumer is industry insider, potential entrant or investor, the report will provide valuable data and information about Global Market.
Enquiry before Buying:
The report answers important questions that companies may have when operating in the global Online Dating market. Some of the questions are given below:
– What will be the size of the global Online Dating market in 2027?
– What is the current CAGR of the global Online Dating market?
– What products have the highest growth rates?
– Which application is projected to gain a lion’s share of the global Online Dating market?
– Which region is foretold to create the most number of opportunities in the global Online Dating market?
– Which are the top players currently operating in the global Online Dating market?
– How will the market situation change over the next few years?
– What are the common business tactics adopted by players?
– What is the growth outlook of the global Online Dating market?”
Request For Customization@ https://www.absolutemarketsinsights.com/request_for_customization.php?id=675
Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization.
From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios.
Company: Absolute Markets Insights
Email id: email@example.com
Contact Name: Shreyas Tanna
The Work Lab,
Model Colony, Shivajinagar, Pune, MH, 411016
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .