Emergen Research’s latest document, titled ‘Global dating services market - Forecast to 2028,’ is one of the most sought-after market reports involving an in-depth analysis of the global dating services market. The report’s authors have offered necessary details on the latest dating services market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the dating services market entails useful insights into the estimated dating services market size, revenue share, and sales distribution networks. Such helpful market insights are bound to help readers outline this ’s key outcomes in the near future. Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans. The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of the global dating services market.
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. Various factors such as increasing number of singles and unmarried individuals in countries across the globe and rapid adoption of dating platforms to look for compatible partners are expected to drive global dating services market revenue growth during the forecast period.
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.
Market Dynamics:
The report offers insightful information about the market dynamics of the Dating services market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Dating services market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Dating services market.
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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
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- Israel
- Rest Of MEA
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Radical Highlights of the Dating services Market Report:
- Comprehensive overview of the Dating services market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and RD advancements on the Dating services market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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