Market dating

Posted by / 07-Sep-2020 17:31

Market dating

It’s estimated that 1,600 independent matchmakers operate in the United States (grossing about 0,000 per year each).

Their numbers are rising, and the field is doing well. No license is needed, as well as little investment capital, and profit margins are as high as 76% of sales.

Competitors here say that there is still a very viable market for these services, which allow people to connect with real people via phone — more personal and engaging than viewing online profiles that are many times inaccurate.

This story was originally published on September 20, 2018.

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At $1.76 billion, online dating — encompassing 1,500 dating websites — captured an estimated 70% of the total revenues, up from 53% in 2012.

Mobile applications, Asia, Brazil, and niche sites are key drivers of future growth.

Marketdata expects 7% annual growth to $2.38 billion by 2020.

Mobile dating apps have taken off in the past few years, but few are making any money.

Most dating websites also don’t make a profit, other than the large players.

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At $1.76 billion, online dating — encompassing 1,500 dating websites — captured an estimated 70% of the total revenues, up from 53% in 2012.Mobile applications, Asia, Brazil, and niche sites are key drivers of future growth.Marketdata expects 7% annual growth to $2.38 billion by 2020.Mobile dating apps have taken off in the past few years, but few are making any money.Most dating websites also don’t make a profit, other than the large players.

.76 billion, online dating — encompassing 1,500 dating websites — captured an estimated 70% of the total revenues, up from 53% in 2012.Mobile applications, Asia, Brazil, and niche sites are key drivers of future growth.Marketdata expects 7% annual growth to .38 billion by 2020.Mobile dating apps have taken off in the past few years, but few are making any money.Most dating websites also don’t make a profit, other than the large players.

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This market segment was worth $363 million in 2015.