Is there anyone who doesn’t look for a romantic connection these days? Many years before when I was one among those who wished to meet and have friendships with potential partners from the comfort of my home, I really got stuck and nothing helped me with that
But this scenario totally changed with the evolution of dating apps that provide the best chance for people to hook up and make friends with the desired partners.
Also, dating apps these days come exclusively for specific purposes like quality interactions, serious relationships, meetups, and hookups, for women, black people, busy daters, professionals, religious people, etc
So, the dating apps like Hinge, OkCupid, Tinder, Bumble, Grindr, etc are seeing immense popularity these days among people worldwide
I would also like to bring some interesting and surprising Online dating industry statistics before your eyes to make you understand the successful face of this sector
- Dating app users grew to 323.9 million last year
- 29% of the online dating users meet their perfect matches right away
- 98% of Online dating users claim to be truthful
- Tinder is the most popular dating app on both App store and Play store
- Total revenue of Match Group in the fourth quarter of 2020 equaled 635 million US dollars
- Really surprising facts, right?
If these facts kindled interest in your mind to know more about the dating industry, then stick with me till the end of the blog to know many awe-inspiring things about online dating business giants
Online Dating Industry Overview
How big is the dating app industry?
According to GrandViewResearch, the online dating app market size was evaluated at USD 7.5 billion in 2021. It is also projected to reach USD 10.87 billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 5.5% from 2022 to 2030
I hope now you understand how big the dating app industry is!!
Are dating websites profitable?
Obviously yes! Dating apps are generating enormous revenue in recent years. Even during the Covid when all other businesses struggled a lot to survive, dating apps like Tinder continued to rise
How much is the dating industry worth?
Market size value of the Online dating industry – 8.0 billion USD
Revenue predicted in 2030 – 12.25 billion USD
Growth rate – CAGR of 5.5% from the year 2022 to 2030
What is the most successful online dating service?
I hope you will have an idea about this. Am I Right? Still, I will let you know some best online dating sites that will perfectly suit the online dating needs of global users
- eHarmony: Best overall dating app.
- AdultFriendFinder: Great dating app for casual dating.
- Seeking: Leading elite dating app.
- OkCupid: Top free dating app
- Academic Singles: Best EliteSingles alternative
Who are the key players in the Online Dating Application market?
I will list some of the well-known, key players in the Online dating app market here
- Coffee Meets Bagel
- Grindr LLC
- Spark Networks