Matchmaking - Fiji

Fiji

Highlights

Revenue in the Matchmaking market is projected to reach US$156.20k in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 0.80%, resulting in a projected market volume of US$161.20k by 2028.
In the Matchmaking market, the number of users is expected to amount to 7.0k users by 2028.
User penetration will be 0.7% in 2024 and is expected to hit 0.7% by 2028.
The average revenue per user (ARPU) is expected to amount to US$22.98.
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 Fiji is experiencing significant growth and development, driven by changing customer preferences and local special circumstances.

Customer preferences: In Fiji, there is a growing demand for matchmaking services as more individuals are seeking assistance in finding compatible partners. This can be attributed to the increasing trend of busy lifestyles and the desire for convenience. People are looking for efficient ways to meet potential partners, and matchmaking services provide a tailored approach to finding compatible matches. Additionally, the younger generation in Fiji is becoming more open-minded and receptive to the idea of using technology and professional services to find love, further fueling the demand for matchmaking services.

Trends in the market: One of the key trends in the matchmaking market in Fiji is the rise of online platforms and apps. These platforms provide a convenient and accessible way for individuals to connect with potential partners, regardless of their location. Online matchmaking services offer a wide range of features, such as compatibility tests, personalized profiles, and real-time messaging, which enhance the overall user experience. This trend is driven by the increasing penetration of smartphones and internet connectivity in Fiji, making online matchmaking services more accessible to a larger population. Another trend in the matchmaking market in Fiji is the focus on cultural compatibility. Fiji is a multicultural country with diverse ethnic backgrounds, and individuals are placing importance on finding partners who share similar cultural values and traditions. Matchmaking services are adapting to this trend by offering specialized services that cater to specific cultural groups, ensuring that individuals can find partners who understand and appreciate their cultural background.

Local special circumstances: Fiji has a unique social structure and cultural dynamics that influence the matchmaking market. The concept of arranged marriages is still prevalent in some communities, where families play a significant role in selecting partners for their children. However, there is also a growing trend of individuals seeking more autonomy in their partner selection process. This creates a need for matchmaking services that can bridge the gap between traditional values and modern aspirations.

Underlying macroeconomic factors: The growing tourism industry in Fiji is contributing to the development of the matchmaking market. With an influx of tourists from around the world, there is an increased opportunity for cross-cultural relationships and marriages. Matchmaking services can facilitate these connections and provide support to individuals who are interested in pursuing relationships with people from different countries and cultures. Overall, the matchmaking market in Fiji is experiencing growth and development due to changing customer preferences, the rise of online platforms, the focus on cultural compatibility, and the unique social dynamics in the country. As the market continues to evolve, matchmaking services will play an important role in helping individuals find love and companionship in Fiji.

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.