NEW YORK, Oct. 19, 2021 /PRNewswire/ -- The online dating services market is expected to grow by USD 3.56 billion from 2020 to 2024 as per the latest market report by Technavio. However, the growth momentum is likely to decelerate at a CAGR of 9%.
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The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Coffee Meets Bagel, eHarmony Inc., EliteMate.com LLC, Happn SAS, Love Group Global Ltd., Match Group Inc., Spark Networks SE, Tastebuds Media Ltd., The Bumble Group, and The Meet Group Inc. are some of the major market participants. The increasing number of users subscribing will offer immense growth opportunities. However, the limited trust in online dating services will challenge the growth of the market participants. This study also identifies easy search criteria based on individual interests as one of the prime reasons driving the online dating services market growth during the next few years.
Online Dating Services Market 2020-2024: Segmentation
Online Dating Services Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our online dating services market report covers the following areas:
Online Dating Services Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Online Dating Services Market. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Online Dating Services Market 2020-2024: Key Highlights
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Online Dating Services Market Scope
Growth momentum & CAGR
Decelerate at a CAGR of 9%
Market growth 2020-2024
USD 3.56 billion
YoY growth (%)
North America, APAC, Europe, South America, and MEA
Performing market contribution
North America at 37%
Key consumer countries
US, China, UK, Germany, and Japan
Leading companies, competitive strategies, consumer engagement scope
Coffee Meets Bagel, eHarmony Inc., EliteMate.com LLC, Happn SAS, Love Group Global Ltd., Match Group Inc., Spark Networks SE, Tastebuds Media Ltd., The Bumble Group, and The Meet Group Inc.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
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