Casual Dating Services Market Share, Key Players Analysis and End-User Analysis till 2028

Casual Dating Services Market Share, Key
Players Analysis and End-User Analysis till 2028
“The key growth factors of the market include the growing users of online dating mobile applications among
the young population across the globe.”
Casual Dating Services Market report offers the most up-to-date data on current market scenario, trends and future
outlook. This study provides numerous opportunities for market players to invest for research and development in
the market. It also provides a detailed evaluation of the industry by highlighting information on different aspects
which include drivers, restraints, growth opportunities, and threats. This information can help stakeholders to make
appropriate decisions before investing.
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Impact of COVID-19 on e-commerce toys and baby products Market.
The global casual dating services market size is estimated to reach USD 3.78 billion by 2028 and is expected to
expand at a CAGR of 8.5% from 2021 to 2028, according to a new report by Million Insights. The key growth
factors of the market include the growing users of online dating mobile applications among the young
population across the globe. Moreover, the growing usage of smartphone users coupled with the significant rise
in internet penetration are other factors that are propelling the growth of the market during the forecast
period. However, the rising number of online scams increases data privacy and security concerns, which, in
turn, is projected to hinder the market growth during the forecast period.

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The market experienced significant growth in the overall revenue owing to the rising popularity of online dating
applications due to COVID-19 restrictions and lockdown. In addition, under the lockdown restrictions imposed in
some countries owing to the pandemic, many people preferred online dating platforms in their free time. For
instance, as per the Chinese dating app Tantan, the average time spent on the app increased by more than 30%
during the pandemic as compared to the pre-pandemic levels. The application segment is forecasted to register the
highest growth rate over the forecast period. The market is mainly driven by the advancements in technologies and
rising usage of the internet & smartphones across different socio-economic classes.
Furthermore, the COVID-19 pandemic thrust decade of growth in a single year as numerous people opted for online
dating platforms portals due to restrictions. Europe is estimated to hold a significant market share by 2028. Welldeveloped
countries, such as Germany, the U.K., and France, are positively contributing to the market revenue. The
high market share can be credited to the strong presence of the young population and casual dating providers in
the region, and the long-existing demand for online casual dating apps. In addition, higher GDP, per capita income,
and per capita spending on such platforms in the European countries altogether result in a strong user base and
increased adoption of these services.
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Casual Dating Services Market Report Highlights
Europe accounted for the second-largest share of the global market revenue in 2020
The strong presence of key players and long-standing demand for online dating services owing to
high spending is responsible for the high market share of the region
Asia Pacific is expected to register the fastest CAGR of more than 9% during the forecast period
Key countries, such as China and India, are positively contributing to the growth of the APAC
regional market
The application segment is projected to register the fastest CAGR during the forecast period
A significant rise in the use of smartphones and easy internet access, coupled with developments
in online dating apps, drive the segment growth
Casual Dating Services Market Segmentation
Million Insights has segmented the global casual dating services market on the basis of platform and region:
Casual Dating Services Platform Outlook (Revenue, USD Million, 2017 - 2028)
Application
Web Portals
Casual Dating Services Regional Outlook (Revenue, USD Million, 2017 - 2028)
North America
o U.S.

Europe
o Germany
o France
o U.K.
Asia Pacific
o China
o India
o Japan
Central & South America
o Brazil
Middle East & Africa
o South Africa
List of Key Players of Casual Dating Services Market
Ruby Life Inc. (Ashley Madison)
Mobeze, Inc. (Online Booty Call)
C-Date
meet2cheat
Stolichnaq LTD (Be Naughty)
Apricot Digitals LLC (One Night Friend)
eHarmony, Inc.
Friend Finder Networks
Bumble
Seeking.com

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