Dating Services Market Size, Opportunities, Key Growth Factors, Revenue Analysis, For 2020–2028

Human beings understand the need to develop intimate relationships, but finding a compatible partner continues to prove difficult.

The global dating services market size is expected to reach USD 13.97 Billion in 2028 and register a revenue CAGR of 7.3% over the forecast period, according to the latest report by Emergen Research

The Global Dating Services market is further segmented in terms of applications, end-user, end-use, geographic presence, by-products as well as services. In addition, the subject matter experts evaluating the industry provide an all-inclusive category-specific industry outlook. A comprehensive collection of data on major companies occupying a strong foothold in the industry adds immense value to the overall research.

 

Human beings understand the need to develop intimate relationships, but finding a compatible partner continues to prove difficult. These challenges are currently being addressed by creativity using various technologies, smartphones, computers and PCs, and increasing use of Internet services and interactive platforms and apps. Easy subscription and availability of Internet services are also driving rising preference for online dating solutions in developing countries. To individuals seeking others for dating, these platforms are enabling access to a large social network, access to more user-friendly interface, and location-based real-time dating. The dating services business is poised to witness major income potential, owing to rapid growth of social media platforms and increasing usage of smartphones and other mobile devices

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Some Key Highlights from the Report

  • In May 2020, Bumble entered into a partnership with Cosmopolitan, with the goal of increasing awareness of its virtual dating service. The initiative was created in association with JUMP, which is the content and relationships hub of Havas Media Group.
  • Online segment accounted for a significantly large revenue share in 2020 owing to rapid adoption of digital platforms for dating and searching for compatible partners.
  • Generation X segment accounted for a significantly large revenue share in 2020 due to increasing tendency of finding partners online among members of this generation.
  • Weekly segment revenue is expected to expand at a rapid rate during the forecast period owing to rapid demand for short term and effective subscription packages.

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Emergen Research has segmented the global dating services market on the basis of type, demographics, subscription, service, and region:

Type Outlook (Revenue, USD Million, 2018–2028)

  • Online
  • Traditional

Demographics Outlook (Revenue, USD Million, 2018–2028)

  • Adult
  • Generation X
  • Baby Boomer

Subscription Outlook (Revenue, USD Million, 2018–2028)

  • Annually
  • Quarterly
  • Monthly
  • Weekly

Service Outlook (Revenue, USD Million, 2018–2028)

  • Matchmaking
  • Social Dating
  • Adult Dating
  • Niche dating

Regional Outlook (Revenue, USD Million, 2018–2028)

  • North America
    1. U.S.
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. U.K.
    3. France
    4. Spain
    5. BENELUX
    6. Rest of Europe
  • Asia Pacific
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East Africa
    1. Saudi Arabia
    2. UAE
    3. Israel
    4. Rest Of MEA

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