Surging internet and
smartphone penetration is expected to drive growth of global dating apps market
during forecast period
According
to TechSci Research report, “Global
Dating
Apps Market By Preference, By Age, By Gender, By Subscription, By Region,
Competition, Forecast & Opportunities, 2024”, the global dating apps market is expected to grow at a formidable
rate during the forecast period. Dating apps are witnessing adoption owing to
the increasing internet and smartphones penetration. Additionally, the present
younger generation is so busy in their lives that they hardly get any time to
socialize, hence they use such apps for socialization and finding a partner.
However, rising cybersecurity concerns can hamper the growth of market during
forecast period. Additionally, recurring payments in some apps are further
restricting the growth of the market.
Browse market data Tables and Figures
spread through 110
Pages and an in-depth TOC on "Global Dating Apps Market"
The global dating apps market is segmented based on preference, age,
gender, subscription, company and region. Based on preference, the market can
be bifurcated into free and premium version. The free version dominates the
market on account of the presence of feature of looking at who liked your
profile in many dating apps. Based on gender, the market can be bifurcated into
male and female. The male population dominates the market since there is a very
small population of women who are using such platforms to find their partners. On
the basis of subscription, the market can be fragmented into annually,
quarterly, monthly and weekly. The weekly subscription segment is expected to
register significant growth during the forecast period since it is the most
preferred segment when people think of trying the paid versions of the app.
Badoo,
eHarmony, Inc., Grindr LLC, FTW & Co (Happn), Match Group, Inc. (OkCupid,
PlentyOfFish, Tinder, and Match.com), Spark Networks, Inc., The Meet Group,
Inc., Zoosk Inc., RSVP.com.au Pty. Ltd., and The League are some of the leading players
operating in global dating apps market. The companies
operating in the market are focusing on innovations to strengthen their
position in the market. For instance, eHarmony, one of the key players in
online dating services market, announced developing an AI-enabled feature that
nudges users to suggest meeting in person after they have been chatting in the
app for a while.
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“North America is expected to dominate
the dating apps market during the forecast period. This
can be attributed to the fact that the US population accounts for higher number
of singles, which turns out be the customer base for various dating apps
services providers. Moreover, the region has higher rate of internet
penetration with 80% of the service sector going online for the sake of
convenience and time value. As per 2016 stats, around 44 million users stay
active on various online dating services apps and sites in North America.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“Global Dating Apps Market By Preference, By Age, By
Gender, By Subscription, By Region, Competition, Forecast & Opportunities,
2024” has
evaluated the future growth potential of global dating apps market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in global dating apps market.
Contact
Mr.
Ken Mathews
708
Third Avenue,
Manhattan,
NY,
New
York – 10017
Tel: +1-646-360-1656
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