The “Matchmaking” market segment contains dating services for the systematic search for partners who are willing to enter into a long-term committed relationship by means of mathematical algorithms.
The market segment of “Online Dating” is made up of online services that offer a platform on which its members can flirt, chat or fall in love.
The Dating Services industry has performed well during the five years to 2013.
Revenue gains averaged 2.9% per year to reach $2.0 billion in 2013, with consumers increasingly turning to the internet to meet prospective dates.
The “Revenue” tab shows a comparison of revenues for the leading economies in the selected market (market segment, region) and year.
The “User Penetration” tab shows a comparison of user penetration rates for 50 of the world’s leading digital economies in the selected market (market segment, region) and year.
This business study covers the market from 1991 to 2015 forecasts, with outlooks and effects of the recession on all market segments.
“Matchmaking and online dating has become big business, with dating services estimated to be worth .14 billion in 2011 and forecast to grow 4.7% per year to .54 billion by 2015.
In addition to product expansion, as consumer demand for online dating and matchmaking services has grown, new companies have entered the industry, says Moldvay.
IBISWorld estimates that the number of companies in the Dating Services industry increased at an average annual rate of 3.1% to 3,898 in the five years to 2013.
Offline dating agencies or online purchased tickets for speed dating or similar events are not included.