PUBLISHER: IMARC | PRODUCT CODE: 1370508
PUBLISHER: IMARC | PRODUCT CODE: 1370508
The global dating services market size reached US$ 8.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 13.0 Billion by 2028, exhibiting a growth rate (CAGR) of 6.49% during 2023-2028.
Dating services refer to online platforms where members can connect with new people and find new partners. Online dating services typically offer digital messaging that enhances communication and helps match the user with a suitable compatible individual. With user-friendly interface, real-time messaging, broad social network, and location-based dating features, online dating services are gaining traction among the young population. Typically, users conduct the search on their own by applying search filters based on factors, such as age, gender and location, to find an instant match according to their lifestyle and outlook. To enhance communication between people, several dating services offer in-app voice calling and video calling features, along with text messaging.
The market is majorly driven by a considerable rise in the popularity of online dating apps among the masses, particularly the young population. This can be attributed to the increasing exposure of individuals to various social media platforms and the growing trend of making online connections. In addition to this, the ease of usage and convenience for navigating and documenting romantic relationships via these services is resulting in a higher uptake of these services on the global level. Also, the increasing smartphone usage, coupled with an increase in internet penetration, is creating ample opportunities for market growth. The market is also propelled by the rising number of single individuals looking for specific characteristics for finding a suitable partner. Aggressive marketing strategies adopted by the major market players are also creating a positive market outlook. Some of the other factors providing an impetus to the market include rapid digitization, the augmenting sales of smart devices, inflating disposable income levels of the consumers, and extensive research and development (R&D) activities.
IMARC Group provides an analysis of the key trends in each sub-segment of the global dating services market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, service and demographics.
Online
Traditional
Matchmaking
Social Dating
Adult Dating
Niche Dating
Adult
Generation X
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Bumble, Coffee Meets Bagel, Eharmony (Parship Group GmbH), Love Group Global Ltd, Match Group Inc., rsvp.com.au Pty Ltd, Ruby Life Inc., Spark Networks SE and The Meet Group Inc. (ParshipMeet Holding GmbH).