The global online dating services market to grow at a CAGR of 5.31% during the period 2017-2021.
Global Online Dating Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
The latest trend gaining momentum in the market is Increasing number of users subscribing. The majority of online dating services are a freemium model where users get registered and use it for free till the user wants to subscribe to the added benefits of the subscription model. With increasing number of users opting for the subscription model, vendors do not share all their offerings with their users who still use it for free.
This has resulted in an extremely low probability of a match for freemium users, which makes them want to opt for a subscription model. With the steady revenue stream offered by the subscription users to the vendor, they are tempted by the idea of tinkering with the matchmaking algorithm, which would enable more users to subscribe to their service.
According to the report, one of the major drivers for this market is Low hassle in order to find a partner. Dating services are gaining popularity on the online platform from traditional dating services such as speed dating. Using smartphones, people can search for their dates without meeting them personally.
Further, the report states that one of the major factors hindering the growth of this market is Limited trust on online dating services. Despite online dating services being such a wide spread phenomenon, there is still a large segment of population that still do not agree with the idea of online dating.
Other prominent vendors
- Elite Singles
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Type
Part 07: Market Segmentation By Gender
Part 08: Market Segmentation By Revenue
Part 09: Market Segmentation By Age
Part 10: Market Segmentation By Device
Part 11: Geographical Segmentation
Part 12: Key Leading Countries
Part 13: Decision Framework
Part 14: Drivers And Challenges
Part 15: Vendor Landscape
- Elite Singles
For more information about this report visit https://www.researchandmarkets.com/research/sfh6dc/global_online
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