Global Online Dating Services Market Size, Status And Forecast 2018-2025
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This increase in usage by this target group can be justified by their increased use of smartphones which online dating services growth them to use these smartphone dating apps. Tinder is used more as a dating application in many college campuses.
This type of communication saves the time, money, and risk users would not avoid if they were dating the traditional way. Online dating can also increase self-confidence; even if users get rejected, they know there are hundreds of other candidates that will want to match with them so they can simply move on to the next option.
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Global Online Dating Services Market was valued at $ million in, and is projected to reach $ million by, growing at a CAGR of %. With a $3 billion market size in the US, the online dating industry is dating services in the US will be a $3 billion a year business in, growing since the.
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An online dating application is an online dating service presented through a mobile phone application, often taking advantage of a smartphone's GPS location capabilities, always on-hand presence, and easy access to digital photo galleries and mobile wallets to enhance the traditional nature of online dating. These apps can simplify and speed the process of sifting through potential dating partners, chatting, flirting, and potentially meeting or becoming romantically involved over traditional online.