Online Dating Market Estimated At USD 16.4 Billion By 2030
San Francisco, 30 Dec 2022: The Report Online Dating Market Size, Share & Trends Analysis Report By Platform (Application, Web Portals), By Revenue Generation (Subscription, Advertisement), By Region, And Segment Forecasts, 2022 - 2030 The global online dating market size was estimated at USD 16.4 billion by 2030 and is expected to expand at a CAGR of 6.9% from 2022 to 2030, according to a new report by Grand View Research, Inc. The key growth factors of the market include the growing subscribers of online dating mobile applications such as Match Group, Bumble, and others coupled with the rising number of smartphones across the globe. The total subscriber of the Match group increased to 10.4 million in 2020. The Match Group operates various online dating apps such as Tinder, Hinge, and others that contributed significantly to the market growth. However, the rising number of online frauds across the globe is further projected to hamper the market gr...