Online dating market size 2019

online dating market size 2019

How big is the online dating market in the US?

Revenue in the Online Dating segment is projected to reach US$116m in 2022. Revenue is expected to show an annual growth rate (CAGR 2022-2026) of 1.19%, resulting in a projected market volume of US$121m by 2026. In the Online Dating segment, the number of users is expected to amount to 10.5m users by 2026.

How many online dating users are there in 2021?

In 2019, there were about 219.7 million online dating sites or app users around the world. The number is expected to reach 234.1 million in 2021 and reach 276.9 million in 2024. (Statista, 2020) In the US, there were more or less 30.4 million online dating service users. This number is expected to reach 35 million come 2024 (Statista, 2020)

How many people use dating apps in the US?

30% of US adults have used a dating site or app. 25.1 million people used online dating apps on their smartphones. Millennials make up the largest sector of online dating users, with 36% of people aged 18 to 29 saying that they’ve used an online dating service or app.

What is the online dating market valuation in 2020?

Online Dating Market is projected to reach USD 10,378.67 Million by 2027, growing at a CAGR of 4.98% from 2020 to 2027. What is Online Dating Market?

How big is the global online dating market?

Request Now ! The global online dating services market was valued at $6,400.0 million in 2017, and is projected to reach $9,202 million by 2025, growing at a CAGR of 4.7% from 2018 to 2025. The dating service industry has exhibited strong growth in terms of sales, and has been evolving continuously over the past couple of decades.

What will be the revenue of the online dating segment in 2022?

According to Statista, the revenue of the online dating segment is expected to reach US $ 3,677m in 2022. Further, the revenue will grow at a CAGR of 6.56% between 2022 to 2025 and reach US $4,449m by 2025. As per Statista, the revenue in the online dating segment in the United States is anticipated to reach US$829m in 2022.

How many people use online dating in the US?

As of 2020, over 32 million Americans are using online dating services. According to the latest forecasts, the number of online dating users in the United States paying customers account for one-third of U.S. online dating users. In 2019, Tinder was the most popular dating app in the United States with over 7.86 million users.

What is the future of online dating in the US?

According to Statista, the user penetration of online dating will be 5.4% in 2022 and is anticipated to reach 6.3% in 2025. The total number of users in the online dating industry is expected to reach 489.9 million in 2025.

What is the size of the online dating market?

Online Dating Market Size And Forecast According to Verified Market Research, the Global Online Dating Market was valued at USD 6,951.22 Million in 2019 and is projected to reach USD 10,378.67 Million by 2027, growing at a CAGR of 4.98% from 2020 to 2027.

What will the online dating industry look like in 2025?

In the Online Dating segment, the number of users is expected to amount to 478.5m users by 2025. User penetration will be 5.4% in 2022 and is expected to hit 6.1% by 2025. The average revenue per user (ARPU) is expected to amount to US$8.91.

Which region dominated the global dating services market in 2020?

North America dominated the global market in 2020 with a revenue share of over 35%. The proliferation of smartphones and the growing usage of the internet in the region is emerging as the key factor driving the market growth. Busy schedules have also contributed to the growing popularity of dating services.

Why are online dating apps so popular in the US?

The widespread reach of these apps may also be attributed to changing views on marriage and cohabitation. 55% of US online dating users are aged 55 or older. 49% of online dating users in the US want to find an exclusive romantic partner. 27% of US adults aged 18 to 34 use dating apps to have casual sex.

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