Dating apps market share in india

dating apps market share in india

Are dating apps on the rise in India?

Although foreign dating apps were the first to create a significant mark in India, homegrown apps are now witnessing a slow and steady rise. From having less than 10 percent market share in the early 2010s, they now have about 50 percent market share, according to Statista.

What is the forecast period of global dating apps market research report?

Global dating apps market is expected to grow from USD6325 million in 2019 at a CAGR of approximately 6% in the forecast period. Online dating comprises online services that offer a platform on which its members can flirt, chat, or fall in love.

What is the most used dating app in the US?

In 2019, 35% of paying customers used Badoo, a dating-focused social network. Match, Bumble, Coffee meets Bagel, and Tinder each got a 28% share. Tinder sits at the top as the most popular online dating app, with its user base of 7.86 million in 2019.

How big is the global online dating market?

Request Now ! The global online dating services market was valued at $6,400.0 million in 2017, and is projected to reach $9,202 million by 2025, growing at a CAGR of 4.7% from 2018 to 2025. The dating service industry has exhibited strong growth in terms of sales, and has been evolving continuously over the past couple of decades.

What is the best dating app in India?

Bumble is one of the widely used dating apps in India. The most beloved feature of this app is, when a match is found, it is the female who has to initiate the conversation. By breaking all the stereotypes of Indian society, Bumble is ruling the hearts of its users.

Why are online romance scams on the rise as dating apps?

Online romance scams on the rise as dating apps proliferate. As millions of people get hooked to online dating platforms, their proliferation has led to online romance scams becoming a modern form of fraud that have spread in several societies along with the development of social media like Facebook Dating, warn researchers.

Why are dating apps becoming more popular?

Global Dating App Users Increases in usage have been primarily pushed by newer applications, such as Tinder, Bumble and Hinge, which are mobile based and far more tailored to casual dating. In the past few years, Bumble and Hinge have attempted to shift from Tinder, by marketing their product as more for relationships than hook-ups.

When did online dating become popular in India?

In the late 1950s, the rise of the Darpanet—the internet, as we know it today—became a new way to meet eligible singles, while now we look for companionship through handheld digital screens. But dating, as a concept, took a while to find its way to India. Before the late 2010s, there were no significant players in India’s online dating industry.

What is the value of the online dating market?

The global online dating services market was valued at $6,400.0 million in 2017, and is projected to reach $9,202 million by 2025, growing at a CAGR of 4.7% from 2018 to 2025. The dating service industry has exhibited strong growth in terms of sales, and has been evolving continuously over the past couple of decades.

How big is the online dating industry in 2020?

Come early 2020, another report showed that the online dating industry generated a revenue of $2.23 billion the previous year, which positively broke many expectations. Now, experts project that the industry will reach $3.592 billion in revenue by the end of 2025. This is at a CAGR of 8.26%. (Valuates Reports, 2020)

How big is the global revenue of dating services?

The global revenue of matchmaking dating services is estimated at nearly 655 million U.S. dollars in 2020 and will hit over 2.5 billion U.S. dollars by 2024. Online revenue forecast for Dating Services worldwide until 2024

How many people use online dating in the world?

In 2019, there were about 219.7 million online dating sites or app users around the world. The number is expected to reach 234.1 million in 2021 and reach 276.9 million in 2024. (Statista, 2020)

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