Matchmaking - Algeria

Algeria

Highlights

Revenue in the Matchmaking market is projected to reach US$4.71m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of -7.84%, resulting in a projected market volume of US$3.40m by 2028.
In the Matchmaking market, the number of users is expected to amount to 142.8k users by 2028.
User penetration will be 0.3% in 2024 and is expected to hit 0.3% by 2028.
The average revenue per user (ARPU) is expected to amount to US$29.56.
In global comparison, most revenue will be generated China (US$1.21bn in 2024).
With a projected rate of 3.8%, the user penetration in the Matchmaking market is highest South Korea.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Matchmaking market in Algeria has been experiencing steady growth in recent years, driven by changing customer preferences and the increasing acceptance of online dating platforms. Algerian singles are increasingly turning to matchmaking services to find compatible partners, as traditional methods of meeting potential partners become less common. This trend is being fueled by the growing number of young adults in Algeria who are seeking meaningful relationships and companionship. Customer preferences in the Matchmaking market in Algeria are shifting towards online platforms and apps. Algerian singles are increasingly using these platforms to connect with potential partners, as they offer a convenient and efficient way to meet new people. Online matchmaking platforms provide a wide range of options for users to choose from, allowing them to find someone who shares their interests and values. Additionally, these platforms often use advanced algorithms and matching techniques to help users find compatible partners, further enhancing the matchmaking experience. One of the key trends in the Matchmaking market in Algeria is the rise of niche dating platforms. These platforms cater to specific groups of people, such as religious or cultural communities, and provide a more targeted approach to matchmaking. Algerian singles are increasingly seeking platforms that cater to their specific needs and preferences, as they believe that these platforms offer a higher chance of finding a compatible partner. Niche dating platforms also provide a sense of community and belonging, which is highly valued by Algerian singles. Local special circumstances in Algeria also play a role in the development of the Matchmaking market. Algeria is a conservative society with strong cultural and religious values, which can influence the way people approach dating and relationships. Traditional methods of matchmaking, such as arranged marriages, are still prevalent in some parts of the country. However, there is a growing acceptance of online dating and matchmaking platforms, especially among the younger generation. This shift in attitude is driven by increased exposure to Western culture and the desire for greater personal freedom and choice. Underlying macroeconomic factors, such as the growing economy and increasing internet penetration, are also contributing to the development of the Matchmaking market in Algeria. As the economy continues to grow, more Algerians are gaining access to disposable income, which they can spend on dating and matchmaking services. Additionally, the increasing internet penetration in Algeria is making online matchmaking platforms more accessible to a larger population. This, in turn, is driving the growth of the Matchmaking market in the country. In conclusion, the Matchmaking market in Algeria is experiencing growth due to changing customer preferences, the rise of online platforms, and the increasing acceptance of Western dating norms. Niche dating platforms and the influence of local cultural and religious values also play a role in shaping the market. The underlying macroeconomic factors of a growing economy and increasing internet penetration further contribute to the development of the market.

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.