Online dating in the us industry market research report
Because there are a myriad of different dating sites for consumers to choose from, companies are increasingly targeting companies with well-established reputations. Personals was one of the company's largest competitors, so this migration caused significant industry consolidation.
Current major players in the industry include Inter Active Corp (IAC), which owns popular sites like and OKCupid.com, and e Harmony. IAC also acquired OKCupid.com, Singlesnet and People Media in 20.
For more information, visit IBISWorld’s Dating Services in the US industry report page.
Follow IBISWorld on Twitter: https://twitter.com/#! /IBISWorld Friend IBISWorld on Facebook: IBISWorld industry Report Key Topics Companies in this industry provide services allowing clients to meet with other clients, usually with the intent of pursuing romantic relationships.
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.
North America contributed to the major market share in 2017 and is expected to grow at a CAGRs of 4.5% throughout the forecast period.
Inquire more about this report: in the report include Badoo eharmony, Inc., Grindr LLC, Love Group Global Ltd., Zoosk Inc, Spark Networks SE, au Pty Ltd, The Meet Group Inc., Match Group, Inc., and Spice of Life.
There is a moderate degree of market share concentration for the Dating Services industry.On the other hand, fraudulent accounts have given rise to apprehension among customers which, in turn, have restricted the growth to some extent.However, social media marketing and rise in number of millennial population have created multiple opportunities in the segment.The top-end strategies they adhere to have helped them retain a strong stand in the market.Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at: Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas.