Feb 21, 2020 (KD Market Insights via COMTEX) -- Dating Services Market by Type (Online and Traditional), Service (Matchmaking, Social Dating, Adult Dating, Niche Dating), and Demographics (Adult and Generation X): Global Opportunity Analysis and Industry Forecast, 2019-2026
The Global Dating Services Market is expected to grow at a CAGR of 5.2% during the forecast period 2019-2026. As per the analyst, the market was valued $6.7 billion in the year 2018 and anticipated to reach $9.9 billion by the year 2026.
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Market Dynamics
The Global Dating Services Market is driven by various growth driving factors such as lucrative options facilitated by online dating services, shifting customers preference, technological advancements and other related factors. Moreover, customized solutions by dating services companies have boosted the dating services market. However, data privacy issues and other factors may impede the market growth. Furthermore, increasing penetration of smartphones and increasing adoption of internet services offer lucrative opportunities for the market growth considering online segment of the global dating services market.
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