Dating Services - Ivory Coast | Statista Market Forecast

Revenue in the Dating Services market is projected to reach US$13.25m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 17.14%, resulting in a projected market volume of US$24.96m by 2028.
The Online Dating market has a projected market volume of US$9.03m in 2024.
In global comparison, most revenue will be generated United States (US$2.55bn in 2024).
The average revenue per user (ARPU) in the Dating Services market is projected to amount to US$10.51 in 2024.
In the Dating Services market, the number of users is expected to amount to 1.7m users by 2028.
User penetration in the Dating Services market will be at 4.3% in 2024.

Definition:

Dating Services are generally characterized by their search functionality which enables its users to establish interpersonal relationships via the internet. This includes the focused search for life partners, flirts, or sexual partners. Both dating portals and apps are incorporated into the examination.

Structure:

The dating services market includes online dating platforms, matchmaking services, and casual dating sites. The Matchmaking market contains dating services for the systematic search for partners who are willing to enter into a long-term committed relationship by means of mathematical algorithms. The market of Online Dating is made up of online services that offer a platform on which its members can flirt, chat or fall in love. Two examples are Tinder and Bumble, these platforms focus on casual contact and easy flirting among their members. Casual Dating comprises online services for the establishment of sexually oriented contacts outside of romantic relationships.

Additional Information

Data includes revenue figures in Gross Merchandise Value (GMV), Users, average revenue per user (ARPU), and user penetration rate. User and revenue figures represent B2C services.

Matchmaking for the search for life partners such as Matrimony.com
Online Dating for easy flirting and chatting such as Tinder and Bumble
Casual Dating for the search for non-committal sex such as Ashley Madison

Niche dating, such as portals or apps for vegetarians
Offline dating agencies
Speed dating or similar events for singles

The Dating Services market in Ivory Coast has been experiencing significant growth in recent years. Customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors all contribute to this development. Customer preferences in the Dating Services market in Ivory Coast have shifted towards online platforms. With the increasing use of smartphones and internet access, more people are turning to online dating apps and websites to meet potential partners. This trend is in line with global patterns, where online dating has become increasingly popular. Trends in the market show a growing acceptance and adoption of online dating in Ivory Coast. The convenience and accessibility of online platforms have made it easier for people to connect with others and explore potential relationships. This trend is also driven by the younger population, who are more open to using technology for dating purposes. Local special circumstances in Ivory Coast, such as cultural norms and social expectations, also play a role in the development of the Dating Services market. In Ivory Coast, traditional dating methods may be influenced by cultural practices and values. However, the younger generation is increasingly embracing modern dating methods, including online dating, which is contributing to the growth of the market. Underlying macroeconomic factors, such as economic growth and urbanization, are also driving the development of the Dating Services market in Ivory Coast. As the country's economy continues to grow and more people move to urban areas, there is an increasing demand for dating services. Urbanization brings together diverse populations and creates opportunities for people to connect and form relationships. In conclusion, the Dating Services market in Ivory Coast is experiencing growth due to customer preferences shifting towards online platforms, the adoption of global trends in online dating, local special circumstances that influence dating practices, and underlying macroeconomic factors such as economic growth and urbanization. These factors collectively contribute to the development of the market and present opportunities for further growth in the future.

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.

This report presents a comprehensive analysis and additional information on the Digital market, in a PDF format.