A report on ' Internet Dating Market' Added by Market Study Report, LLC, features the recent and upcoming growth trends of this business in addition to accurate details related to the myriad geographies that comprise the regional spectrum of the Internet Dating market. Furthermore, the report elucidates complex details about the supply-demand analysis, industry share, growth statistics and participation of major players in the Internet Dating market. As per the latest study, the Internet Dating market emerges as one of the most active business verticals. This research report estimates this space to attain substantial revenue over the foreseeable years, attributable to a plethora of drivers that is poised to fuel the industry trends over the estimation period.
People have always been creative when it comes to seeking romantic partners. The first personal ads in the US began appearing in journals and periodicals in the s. While these ads were first intended to help secure the financial security of marriage, these postings soon morphed into a means for people to seek the companionship of individuals with similar interests and concerns. Today, profiles on popular online dating services such as Tinder, Bumble, and OKCupid fulfill the same purpose. These applications make it easier for people to find like-minded individuals and explore the possibilities of romance. These numbers will provide a more accurate picture of online dating in the US, its users, as well as the leading services of the online dating industry.
In , revenue growth for the dating services industry is likely to see substantial increases, as forced social distancing and mandated business closures disallow individuals to date in person, driving the online dating market size. Outside traditional social circles, social patterns and increased dating and marriage contribute to coincident cultural shifts, including increasing interracial marriage rates. As the level of education and financial independence among youth in developing countries is rising rapidly, the online dating market size is set to grow rapidly during the projected period. The growth of the online dating market size is driven by growing internet penetration, increasing the amount of time people spend on a smartphone, and changing communication habits. Companies that are able to take advantage of the growing popularity of smartphones, with many operators solely providing services via mobile applications.
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