Us online dating market size

by  |  27-Mar-2017 06:33

It's about exploring all avenues and putting yourself out there."STORY: Author: Online dating changed everything As online dating revolutionized romance in America over the past decade, the proliferation of dating apps is now taking love to a whole new level, remaking an industry that's expected to reach

It's about exploring all avenues and putting yourself out there."STORY: Author: Online dating changed everything As online dating revolutionized romance in America over the past decade, the proliferation of dating apps is now taking love to a whole new level, remaking an industry that's expected to reach $1.2 billion this year.

||

It's about exploring all avenues and putting yourself out there."STORY: Author: Online dating changed everything As online dating revolutionized romance in America over the past decade, the proliferation of dating apps is now taking love to a whole new level, remaking an industry that's expected to reach $1.2 billion this year.

.2 billion this year.

In recent years, a new generation of tech savvy individuals has emerged, which regularly uses devices to keep in touch with their friends and relatives, as well as for access to online dating sites or apps.

In addition, older adults have also discovered the benefits of online dating services to connect with other people; and today they represent a significant segment of the online dating market.

This Valentine's Day, fewer singles searching for love are tethered to laptops or those other technological relics: desktops.

Just as other industries have watched online traffic and business migrate from the Web to mobile devices, the dating industry has been rolling out apps that are connecting hearts, and breaking them, in surprising new ways and splintering an audience once captured almost exclusively by the goliaths of online dating."I see the industry breaking off into a billion different directions," says Marc Lesnick, founder of i Date, an annual trade show for the online dating industry.

New ideas and untried formats always come with their fair share of risk, with new U. sites having to brave a 99 percent failure rate in addition to stiff competition.

Community Discussion