Statistics on online dating services
For example, in 2018, Badoo, one of the key players in the online dating services market, announced the addition of live video chat feature to its apps that gives its user a chance to talk face-to-face.
Hence, adoption of technology is one of the most influential trends in the online dating services market growth.
This has given immense opportunity for service providers to gain traction among their target customers by coming up with customized features that cater to the needs of customers.
Get more information on this report : Request Sample Pages Millennials are specific and conscious to find their significant other, taking into account of the second persons perception toward life, like-minded perception on various aspects, and other such common like or dislikes.
This has boosted dating service providers on innovating their services that match customer expectations. Key market trends, growth factors, and opportunities 6.3.2.
Various online dating services providers are using artificial intelligence to provide guidance or suggestion to their customers on whether to go on a first date with person that they have met online.
This is attributed to the fact that social dating is specifically designed for millennials, where one looks for instant hookups or similar kind of nonmonogamous relationships. Key market trends, growth factors, and opportunities 5.4.2.
The dating service industry has exhibited strong growth in terms of sales, and has been evolving continuously over the past couple of decades. Rise in internet penetration in the major parts of the globe has led to increased usage of smartphones. Key market trends, growth factors, and opportunities 5.3.2. This factor provides immense opportunity for dating service players to develop apps that are convenient to use on smartphones. Tinder and OKCupid are some of the most downloaded apps among the millennials. Get more information on this report : Request Sample Pages Depending on subscription, the online dating services market share is categorized into annually, quarterly, monthly, and weekly.