Dating app competition

How many people use online dating apps?

Around 15% of US adults, or around 50 million Americans, say that they have or continue to use websites or mobile dating apps in their pursuit of romance. Some predict that revenue is expected to grow 25% by 2020. Still, its a fast-growing industry.

What are dating apps and how do they work?

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 dating services.

Are dating apps becoming mainstream in the USA?

Online dating apps are now mainstream in the USA. In fact, online is the number one way couples in the USA meet as of 2017. Currently, 39% of new couples first meet online and experts predict that to increase to 70% by 2040. Tinder was the application that led the surge in mobile dating applications.

What is the future of casual dating apps?

Increases in usage have been primarily pushed by newer applications, such as Tinder, Bumble and Hinge, which are mobile based and far more tailored to casual dating. In the past few years, Bumble and Hinge have attempted to shift from Tinder, by marketing their product as more for relationships than hook-ups.

How many people use dating apps in the US?

30% of US adults have used a dating site or app. 25.1 million people used online dating apps on their smartphones. Millennials make up the largest sector of online dating users, with 36% of people aged 18 to 29 saying that they’ve used an online dating service or app.

What are the statistics about online dating?

Using online dating apps, 71% of users say that it’s easy to find people they were physically attracted to. 1 in 6 marriages begins online. Couples that have met on eHarmony have a divorce rate of 3.86%. 39% of online dating users say they’ve gone on a date with someone they met through a dating site or app.

Who uses online dating apps?

College graduates and people with college-level education are more likely (35%) to use dating apps. 11% of Hispanic Internet users in the US report that they were very likely to use online dating to find a new partner. 32% of female American adults have used an online app or service for dating, compared to 23% of men.

Which age groups are most likely to use dating sites?

Today, 27% of young adults report using online dating sites, which is up 10% from 2013, likely due to the influx of dating apps on smartphones. For those 55 to 64-year-olds that use dating sites over 50 to 60, there has been a 6% increase from 2013 to 2015.

What is the future of dating apps in the US?

The dating app sector is expected to grow at a steady rate, as more users in North America, Europe and South America activate accounts. It is unlikely that a new competition will emerge in the North American market, as Tinder, Bumble and Hinge cover casual to serious; students to middle aged professionals.

What are virtual dating apps and how do they work?

Virtual dating platforms are quickly pivoting to help quarantined singles. Although some of the more traditional dating apps like Hinge and the League have also added video components, these newer platforms present more like parties or networking events. The goal is for people to keep expanding their social circles.

Are dating apps becoming more popular among older people?

It has transitioned well into the mobile age, as one of the more popular apps used by older people Revenue in the dating app market has increased at a steady rate, powered primarily by Tinder and Bumble, which have captured the most profitable region, North America.

Which dating app is best for single people?

If you can get over the idea of sharing even more of your life (and your data) with Facebook, Facebook Dating is a solid choice that takes good advantage of its enormous ecosystem. Plenty of Fish is the dating app for singles who dont want to dip too far into their wallets to make a connection.