Online dating is an online web service which enables people to find their connections and introduce themselves to the new person over the Internet. The connections normally build their personal, romantic, or sexual relationships with each other. The users can become members by creating a profile and uploading personal information which includes age, gender, sexual orientation, location, and appearance. The market of the online dating services is increasing due to increasing preferences of searching partners through online portal
The research analyst at AMA estimates Online Dating Services market to grow at a compounded annual growth rate of 5.0%
- Low hassle in order to find a partner
- A larger group of consumers are connected to the internet via their mobile
- Increasing number of users subscribing
- Consumers are increasingly opting to postpone marriage to develop their careers and casually date more frequently
- Changes in the government regulations are impacting the business
- Fake profiles is hindering the growth
Higher divorce rate indicates that more consumers are becoming single, speeding up the use of online dating service and Low operating cost
Vendors Covered in the Study are:
Match (United States), PlentyofFish (Canada), OkCupid (United States), Zoosk (United States), eHarmony (United States), JiaYuan (China), BaiHe (China), ZheNai (China), YouYuan (United States), NetEase (China) and Tinder (United States)
The Global Online Dating Services market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
Available Customization: List of players that can be included in the study on immediate basis are Badoo (United Kingdom), BlackPeopleMeet (United States), Bumble (United States), Elite Singles (Canada), happn (Europe), OurTime (United States), Spark (United States) and Tastebuds.fm (United Kingdom).