Dating Services - Gabon

  • Gabon
  • Revenue in the Dating Services market is projected to reach US$1,117.00k in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 6.70%, resulting in a projected market volume of US$1,448.00k by 2028.
  • The Online Dating market has a projected market volume of US$578.80k 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$8.89 in 2024.
  • In the Dating Services market, the number of users is expected to amount to 165.0k users by 2028.
  • User penetration in the Dating Services market will be at 5.2% in 2024.

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

 
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Analyst Opinion

The Dating Services market in Gabon is experiencing a steady growth due to changing customer preferences and the increasing popularity of online dating platforms.

Customer preferences:
In Gabon, there is a growing acceptance and adoption of online dating services among the younger population. This can be attributed to the convenience and accessibility offered by these platforms, allowing individuals to connect with potential partners from the comfort of their own homes. Additionally, the anonymity provided by online dating platforms appeals to many individuals who may be hesitant to approach potential partners in traditional social settings.

Trends in the market:
One of the key trends in the Dating Services market in Gabon is the rise of mobile dating applications. With the increasing penetration of smartphones in the country, more and more people are using mobile apps to find romantic partners. These apps offer features such as location-based matching and instant messaging, making it easier for individuals to connect with others who are nearby and share similar interests. Another trend in the market is the growing popularity of niche dating platforms. These platforms cater to specific demographics or interests, such as religious affiliations, hobbies, or cultural backgrounds. By targeting a specific niche, these platforms are able to attract a more focused and engaged user base, increasing the chances of finding a compatible partner.

Local special circumstances:
Gabon is a country with a relatively small population, which can pose challenges for the Dating Services market. With a smaller pool of potential partners, individuals may have a harder time finding suitable matches. However, this challenge can be overcome through the use of online dating platforms, which allow individuals to connect with a larger network of potential partners beyond their immediate social circles.

Underlying macroeconomic factors:
The growth of the Dating Services market in Gabon can also be attributed to the country's improving economic conditions. As the economy continues to develop, more people are gaining access to the internet and smartphones, creating a larger user base for online dating platforms. Additionally, as individuals become more financially stable, they may be more willing to invest in dating services to increase their chances of finding a compatible partner. In conclusion, the Dating Services market in Gabon is growing due to changing customer preferences, the rise of mobile dating applications, and the increasing popularity of niche dating platforms. Despite the challenges posed by a smaller population, the market is expected to continue expanding as more people gain access to the internet and smartphones.

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
  • Analyst Opinion
  • Users
  • Global Comparison
  • Methodology
  • Key Market Indicators
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