Internet
Dating Services Market to Reach $9.9 Bn, Globally, by 2026 at 5.2% CAGR, Says Allied Market Research
The factors such as major portion of adult population that accounts for single or unmarried demographic segments, multiple options facilitated by online dating services to higher rate of subscription, and majority of the customers look for non-monogamous relations drive the growth of the global dating services market. However, fraudulent accounts resulting in apprehension among its customers and unpaid customers hamper the market growth. On the contrary, rise in social media marketing and rise in number of millennial populations are expected to create lucrative opportunities in the near future.
The online segment is expected to register the fastest CAGR of 5.4% during the forecast period, owing to higher rate of subscription on various dating services apps and sites and increase in penetration. Moreover, the segment dominated the global dating services market in 2018, contributing to around 93% of the market. The report includes an analysis of the traditional segment.
By end use, the social dating segment held the largest share in 2018, accounting for nearly two-fifths of the global dating services market, as social sites are created for millennials who look for casual dating and non-monogamous relationships. Moreover, the segment is projected to register the fastest CAGR of 6.4% during the forecast period. The report includes a detailed analysis of other segments such as matchmaking, adult dating, and niche dating.
The global dating services market across North America held the largest share in 2018, accounting for nearly two-fifths of the market, owing to higher rate of smartphone usage in the U.S. and Canada and increase in investment of key players in mobile technologies. However, the market across Asia-Pacific is anticipated to manifest the fastest CAGR of 7.4% during the forecast period, due to presence of both domestic and international players in the region.
https://www.alliedmarketresearch.com/knowledgetree
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon . Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free ( USA / Canada ):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong : +852-301-84916
India ( Pune ): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Follow us on: https://www.linkedin.com/company/allied-market-research