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LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global online dating service market and it is poised to grow by USD 3.56 billion during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Frequently Asked Questions-

  • Based on segmentation by type, which is the leading segment in the market?
  • The casual segment is expected to be the leading segment based on type.
  • What are the major trends in the market?
  • Easy search criterion based on individual interests is one of the major trends in the market.

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  • At what rate is the market projected to grow?
  • Growing at a CAGR of almost 9%, the incremental growth of the market is anticipated to be USD 3.56 billion.
  • Who are the top players in the market?
  • 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.
  • What are the key market drivers and challenges?
  • Increasing number of users subscribing is one of the major factors driving the market. However, the limited trust on online dating services restraints the market growth.
  • How big is the North America market?
  • The North America region will contribute 37% of market growth.

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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. To make 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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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Online Dating Service Market 2020-2024: Segmentation

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Online Dating Service Market is segmented as below:

  • Type
    • Casual
    • Socialize
    • Marriage
  • Geography
    • North America
    • APAC
    • Europe
    • South America
    • MEA
  • Revenue
    • Advertising
    • Subscription

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41096

Online dating service 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. The global online dating service market report covers the following areas:

  • Global Online Dating Service Market Size
  • Global Online Dating Service Market Trends
  • Global Online Dating Service Market Analysis

This study identifies easy search criterion based on individual interests as one of the prime reasons driving the online dating service market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Online dating service Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist online dating service market growth during the next five years
  • Estimation of the online dating service market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the online dating service market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of online dating service market vendors

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Table of Contents:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type placement
  • Casual - Market size and forecast 2019-2024
  • Socialize - Market size and forecast 2019-2024
  • Marriage - Market size and forecast 2019-2024
  • Market opportunity by Type

Market Segmentation byRevenue

  • Market segments
  • Comparison by Revenue placement
  • Advertising - Market size and forecast 2019-2024
  • Subscription - Market size and forecast 2019-2024
  • Market opportunity by Revenue

Customer landscape

  • Overview

Geographic Landscape

Bagel
  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

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Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption
  • Vendor Analysis

Vendors covered

  • Market positioning of vendors
  • 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
  • The Meet Group Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.