Online dating market size usa
The market is analyzed across various regions including North America, Asia-Pacific, Europe, and rest of Asia-Pacific.
North America contributed to the major market share in 2017 and is expected to grow at a CAGRs of 4.5% throughout the forecast period.
Among these, North America garners the major share in the global social dating segment.
Tinder and OKCupid are some of the most downloaded apps among the millennials.
However, social media marketing and rise in number of millennial population have created multiple opportunities in the segment.
Based on services, the social dating segment accounted for the major share, contributing to 35% of the total market in 2017.
This is attributed to the fact that social dating is specifically designed for millennials, where one looks for instant hookups or similar kind of nonmonogamous relationships. Key market trends, growth factors, and opportunities 5.4.2.
Inquire more about this report: in the report include Badoo eharmony, Inc., Grindr LLC, Love Group Global Ltd., Zoosk Inc, Spark Networks SE, au Pty Ltd, The Meet Group Inc., Match Group, Inc., and Spice of Life.
The top-end strategies they adhere to have helped them retain a strong stand in the market.
Like other services, social dating has two different types of business models such as the free subscription and paid subscription.
Rise in internet penetration in the major parts of the globe has led to increased usage of smartphones. Key market trends, growth factors, and opportunities 5.3.2.