Dating Services - Belgium

  • Belgium
  • Revenue in the Dating Services market is projected to reach US$28.29m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 1.75%, resulting in a projected market volume of US$30.32m by 2028.
  • The Matchmaking market has a projected market volume of US$14.45m in 2024.
  • In global comparison, most revenue will be generated in the United States (US$2,547.00m in 2024).
  • The average revenue per user (ARPU) in the Dating Services market is projected to amount to US$12.91 in 2024.
  • In the Dating Services market, the number of users is expected to amount to 2.8m users by 2028.
  • User penetration in the Dating Services market will be at 18.7% in 2024.

Key regions: Europe, India, Brazil, Asia, Germany

 
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Analyst Opinion

The Dating Services market in Belgium has been experiencing steady growth in recent years, driven by changing customer preferences and the increasing acceptance of online dating platforms. Customer preferences in the Dating Services market in Belgium have shifted towards online platforms, with a growing number of people opting for the convenience and accessibility offered by these platforms. Online dating allows individuals to connect with potential partners from the comfort of their own homes, eliminating the need for face-to-face meetings and reducing the time and effort required to find a compatible match. This shift towards online dating is not unique to Belgium, as it is a global trend driven by advancements in technology and changing societal norms. In addition to online dating, there is also a growing demand for niche dating services in Belgium. These niche dating platforms cater to specific demographics or interests, such as religious or cultural backgrounds, hobbies, or professions. By targeting specific groups, these platforms provide a more tailored and personalized dating experience, which appeals to individuals seeking like-minded partners. This trend towards niche dating services is also observed in other countries, as people look for more specialized and targeted dating experiences. Local special circumstances in Belgium also contribute to the development of the Dating Services market. Belgium has a relatively high population density, with a large number of people living in urban areas. This concentration of population makes it easier for dating platforms to connect individuals within close proximity, increasing the chances of finding compatible matches. Additionally, Belgium has a diverse population with different cultural backgrounds and languages, which creates opportunities for niche dating services targeting specific communities. Underlying macroeconomic factors also play a role in the growth of the Dating Services market in Belgium. Belgium has a stable economy with a high standard of living, which enables individuals to invest in dating services and other leisure activities. Furthermore, the increasing number of single individuals in Belgium, whether due to divorce, delayed marriage, or personal choice, creates a larger pool of potential customers for dating services. In conclusion, the Dating Services market in Belgium is developing due to changing customer preferences towards online platforms, the demand for niche dating services, local special circumstances such as population density and cultural diversity, and underlying macroeconomic factors. As technology continues to advance and societal norms evolve, the Dating Services market in Belgium is expected to further expand in the coming years.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on Gross Merchandise Value (GMV) and represent what consumers pay for these products and services. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.

Modeling approach / Market size:

Market sizes are determined through a bottom-up approach, building on predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, urban population, usage of key players, and attitudes toward online services.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.

Overview

  • Revenue
  • Market Shares
  • Analyst Opinion
  • Users
  • Demographics
  • Global Comparison
  • Methodology
  • Key Market Indicators
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