Online dating business statistics

Online Dating Industry Report - Statistic Brain

online dating business statistics

Online dating statistics , percent adults using online dating sites and apps. Online dating industry market report. 11% of American adults have used an online dating site or a mobile dating app. Take a look at the following noteworthy online dating statistics that Annual Revenue in the Online Dating Industry Has Surpassed $3 Billion.

The number represented a market waiting to be acquired, hooked on and then monetised.

online dating business statistics

It was also around this time that online dating was peaking in the West, with a mix of startups such as Tinderand well established companies in OkCupid or even Match. India, though never a priority market, was just about getting started. A vast number of urban singles, shunning stigma and societal denouncements, were ready to date online.

How online dating companies make money in India

Slowly, but surely, armed with the ubiquitous smartphone, apps became the norm. And then, the likes of Aisle, TrulyMadly and iCrushiFlush took the plunge into the million market with contrasting business models. Five years down the line, there is some evidence these companies might be earning money.

online dating business statistics

Statista also says sectoral revenue is expected to show a compounded annual growth rate of Primarily because, Indians, for now, are happy to consume free online products but seriously hesitant when subscriptionbased payment models are thrown up. However, there are some who do not mind shelling out a few hundred to at least try and find their best match.

Tinder, for instance, is the third largest grossing app on Android in India, with industry estimates placing its monthly revenues anywhere between Rs crore. That said, the best may well be yet to come, say some founders, especially with the surge in language-first internet users expected over the next few years. The success of these apps will come from the number of authentic female profiles on the apps and how much time users spend on these apps.

But things are changing for the better. That could be assisting in the writing or telling them which photos will work best, among other things.

Even small exaggerations count as lies, people! Some of the most common lies happen when people are talking about their height, weight, lifestyle, age, and income more on those last two below. More dating sites and apps are adding additional steps to the verification process to ensure users are who they say they are and to cut down on lying and fake profiles. One way to circumvent this could be to do background checks, which a lot of dating sites already do.

But most of the background checks look for histories of sexual assault, identity theft, and other crimes. Starting off in the hookup realm, a study from the University of Texas School of Public Health found one-third of women have had sex on the first date with someone they met on a dating site or app.

SkaDate Dating Software: Online dating industry facts and stats

The Business Insider article reads: Plus, marriages that began online were less likely to end in separation or divorce. Technology, online dating included, has done a lot of amazing things and has made our lives easier in so many ways. But technology has also created a bigger disconnect between people when it was supposed to bring them together. Perhaps it was by someone they rejectedperhaps it was someone sending an unsolicited photoor perhaps it was someone asking for money.

However, there is a disparity between men and women. When it comes to personal information, men are ready to share information about themselves much faster than women are. Turn-offs Despite the high proportion of people who use online dating services or apps, there are several factors that can put users off.

Faking it People might turn to online dating for fun and to strike up new relationships, but ironically our study shows that a large number of people lie in the process, and this in itself is off-putting.

online dating business statistics

Among those that admitted they lie during online dating, the most popular things to lie about include their names, marital status, location and appearance — such as by showing fake photos. Either way, people faking it is one of the most hated aspects of online dating. So, why are people lying online?

Do Dating Apps Ruin Men's Self-Esteem?

But other reasons vary from people trying to catch their partners cheating, to trying to make themselves look better, or simply lying for the fun of it. With online dating so prevalent, users are clearly giving strangers access to their lives, which could perhaps be why those who date online have concerns about their online safety.

Meanwhile, older age groups have slightly different concerns. The data suggests that men put themselves at risk more than women.

Online dating industry facts and stats | SkaDate's Blog

In addition, around one-in-ten have had their device hacked, have had their data infected, shared, or become the victim of financial fraud. However, the study also shows that people are not protecting themselves properly when they are dating online. So, there is an awareness and certain level of concern about the dangers involved in online dating.

online dating business statistics

This just needs to translate into action. Digital devices act as a window to the rest of the world, including our relationships.

online dating business statistics

This is even more the case where online dating is concerned. This form of striking up new relationships is entirely dependent on our digital platforms or smart devices.