Online dating services are fast and convenient and provides several other benefits as well such as dating made search, an expanded dating and social circle and improved dating skills and prospects. The global online dating market has been segmented on the basis of purpose, channels, devices and revenue models.
On the basis of purpose, online dating has been segmented into casual relationship, socializing and marriage. The two main channels for using online dating services are dating websites and dating apps. Furthermore, on the basis of devices, online dating has been divided into mobile and desktop. Revenue models for online dating are divided into membership subscription and freemium. The global online dating market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period The market is expected to be driven by various growth enhancing factors such as rising internet penetration, increasing smartphone penetration, rising single adults dating, changing perception of online dating, etc.
However, the market is not free from challenges that are hindering its growth. Some of the major challenges faced by the market are online dating scams and less acceptance in developing economies. Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry.
With a $3 billion market size in the US, the online dating industry is dominated by large players monetizing through subscriptions or the freemium model with. Online Dating Services Market is projected to reach USD Billion by, growing at a CAGR of % from to Download Sample Report Now. Online Dating Services Market to Garner $ Bn, by at CAGR of %, Says Allied Market Research PR Newswire PORTLAND, Oregon.
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Global Online Dating Services Market was valued at USD Billion in and is projected to reach USD Billion by, growing at a CAGR of % from to What is Online Dating? Online dating can be defined as system where one.