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Monday, April 15, 2019

The global online dating services market is projected to reach $9.20 billion by 2025.

Online Dating Services Market would reach the value around $9.20 Bn, by the year 2025 at CAGR of 4.7%, according the firm, Allied Market Research.

With increasing single and unmarried population across the globe, is fueling the need for online dating to find the appropriate partnerships. These services include Matchmaking, Social Dating, Adult Dating, and Niche Dating sites offering annual, month to month and even weekly subscriptions to the seekers of non-monogamous relationships. With the growth and the surge in social media marketing where all types of relationship seekers dwell are expected to propel the growth of the global online dating services market.
So Allied Market Research have stepped into provide "Global Opportunity Analysis and Industry Forecast, 2018–2025"


Press Release;

ORTLAND, Oregon, April 15, 2019 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Online Dating Services Market by Service (Matchmaking, Social Dating, Adult Dating, and Niche Dating), Subscription (Annually, Quarterly, Monthly, and Weekly), and Demography (Adult and Baby Boomer): Global Opportunity Analysis and Industry Forecast, 2018–2025". According to the report, the global online dating services market was pegged at $6.69 billion in 2018 and is projected to reach $9.20 billion by 2025, registering a CAGR of 4.7% during the period 2018–2025.
Increase in adult population accounting for single and unmarried people, lucrative options offered by online dating services, and increase in inclination toward non-monogamous relationships have boosted the growth of the global online dating services market. However, existence of fraudulent accounts and large number of unpaid customers, satisfied with limited access and feature hamper the market growth. On the contrary, increase in social media marketing to promote online dating services and rise in millennial population are expected to create lucrative opportunities in the near future.
Flat 20% Discount on this report (valid till 20th April 2019)
Social dating segment held largest share
The social dating segment dominated the market in 2018 in terms of revenue, contributing more than one-third of the total market and is expected to continue its dominance throughout the study period. However, the adult dating segment is estimated to register the fastest CAGR of 5.4% during the forecast period. The other segments such as matchmaking and niche dating are also analyzed in the report.  
Annually subscription segment to manifest fastest growth by 2025
The annual subscription segment is expected to portray the fastest CAGR of 5.1% during the study period, owing to increase in disposable income of customers and rising popularity of dating services. However, the quarterly segment held the largest share in 2018, contributing about one-third of the total market, as it is the most preferable and economic type of subscription. The other segments such as monthly and weekly subscription are also analyzed in the report.
Adult segment to create huge opportunities through 2025
The adult segment held the largest share in 2018, contributing more than two-thirds of the total market share. Moreover, the segment is expected to register the fastest CAGR of 4.9% during the forecast period, owing to customer's preference for non-monogamous relationships and rise in number of singles among the population. The report includes an analysis of another segment of baby boomers.
Asia-Pacific segment to portray fastest growth by 2025
The Asia-Pacific region is projected to manifest the fastest CAGR of 5.6% through 2025. However, the North Americaregion held the largest share, contributing nearly two-fifths of the total market. The report also includes analysis of other regions such as Europe and Latin America, Middle East and Africa (LAMEA).
Major market players
The report includes an in-depth study of the major market players such as Badoo, Grindr LLC, Match Group, Inc., The Meet Group Inc., Spice of Life, eharmony, Inc., Love Group Global Ltd., Spark Networks SE, Zoosk Inc., and rsvp.com.au Pty Ltd.
Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at:https://www.alliedmarketresearch.com/knowledgetree
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We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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