Online Dating Market Size, Industry Analysis Report By Type (Application, Web Portals), By Gender (Male, Female) & Region – Forecasts

  • 06/12/2022
  • 275
  • Information Communication & Technology
Global Online Dating Market: Overview
The Global Online Dating Market is valued at around USD 8.71 billion in 2022 and is expected to reach USD 11.79 Billion by the year 2030 registering a CAGR of 4.4% over the forecast period. Online dating, also known as Internet dating, Virtual dating, or Mobile app dating, is a relatively recent method used by people with a goal of searching for and interacting with potential romantic or sexual partners, via the internet.

Global Online Dating Market- Growth Factors
Online dating apps and websites get singles to join and share information about themselves. Then the apps or sites use that information to help create connections. Sometimes those connections are picked out by the dating apps themselves and sometimes it's up to the user to make their selections. The growing use of the internet around the globe is the major factor for the growth of the market during the forecast period. The trend is estimated to rise in the near future. The decreasing cost of the internet in various countries of Asia is also a major factor for the growth of the market. These online dating apps can be accessed through smart phones and computers and the rising use of these devices is also driving the growth of the market during the forecast period.

Global Online Dating Market- Market Trends
• The growing use of the social media platforms in the current scenario is the major reason for the growth of the market during the forecast period. Majority of the population wants to socialize with the world and these dating apps are the major platform t satisfy their demand and thus has been the growth of the market.
• The decreasing cost of the internet in various countries of Asia is also a major factor for the growth of the market.
• Social networking sites are now playing a crucial role in navigating and documenting romantic relationships among people, which further encourages the use of online dating apps and portals. This factor is estimated to boost the growth of the market during the forecast period.

Global Online Dating Market- Segmentation
The global online dating market has been sub-classified into product type, age and gender.

By Type
• Application
• Web Portals

By Age Group
• 18-25 years
• 25-50 years
• 50-60 years

By Gender
• Male
• Female

Global Online Dating Market – Regional Analysis
It is estimated for the region of Asia Pacific to drive the growth of the market during the forecast period. The growing in the technological advancements in the food sector in the region is estimated to foster the growth of the market during the forecast period. The region of Europe is estimated to witness growth at a healthy rate during the forecast period. The US region is also estimated to witness a notable growth rate in the market.

Global Online Dating Market – Key Market players
Match Group, LLC (Tinder); Bumble Inc.; Grindr LLC; eHarmony, Inc.; Spark Networks, Inc.; The Meet Group, Inc; rsvp.com.au Pty Ltd.; Coffee Meets Bagel; Cupid Media Pty Ltd.; Elite Singles; and The League App, Inc. are the major players that are driving the growth of the market during the forecast period.

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