Online Dating - Chad

  • Chad
  • Revenue in the Online Dating market is projected to reach US$2.46m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 20.29%, resulting in a projected market volume of US$5.15m by 2028.
  • In the Online Dating market, the number of users is expected to amount to 725.6k users by 2028.
  • User penetration will be 2.8% in 2024 and is expected to hit 3.5% by 2028.
  • The average revenue per user (ARPU) is expected to amount to US$4.72.
  • In global comparison, most revenue will be generated in the United States (US$1,392.00m in 2024).
  • With a projected rate of 17.9%, the user penetration in the Online Dating market is highest in the United States.

Key regions: United States, China, Japan, Europe, Germany

 
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Analyst Opinion

The Online Dating market in Chad is experiencing significant growth and development in recent years.

Customer preferences:
Chadians are increasingly turning to online dating platforms to meet potential partners due to various reasons. Firstly, the younger generation in Chad is becoming more tech-savvy and comfortable with using online platforms for social interactions. They see online dating as a convenient and efficient way to connect with others, especially in a country where traditional dating methods may be more challenging due to cultural norms and limited social opportunities. Additionally, the anonymity provided by online dating platforms allows individuals to explore and express their preferences more openly, which can lead to more compatible matches.

Trends in the market:
One of the key trends in the online dating market in Chad is the increasing popularity of mobile dating apps. With the widespread availability of smartphones and affordable data plans, more Chadians have access to these apps, making it easier for them to connect with potential partners anytime and anywhere. This trend is in line with the global shift towards mobile dating, as people prefer the convenience and flexibility offered by mobile apps. Another trend in the market is the rise of niche dating platforms catering to specific interests or communities. Chadians are seeking platforms that cater to their unique needs and preferences, such as religious or cultural backgrounds. These niche platforms provide a more targeted approach to finding compatible partners, increasing the chances of successful matches.

Local special circumstances:
Chad is a country with diverse cultural and religious backgrounds, and this diversity is reflected in the online dating market. Chadians are looking for platforms that understand and respect their cultural values and traditions. Local dating platforms that cater specifically to Chadian users have emerged to address this need, providing a more localized and culturally sensitive experience.

Underlying macroeconomic factors:
The development of the online dating market in Chad is also influenced by macroeconomic factors. The increasing internet penetration rate and improving infrastructure in the country have made online dating more accessible to a larger population. As more Chadians gain access to the internet, the potential user base for online dating platforms expands, driving market growth. In conclusion, the Online Dating market in Chad is witnessing growth and development due to the changing customer preferences, including the increasing adoption of mobile dating apps and the demand for niche platforms. The local special circumstances, such as the diverse cultural and religious backgrounds in Chad, have also contributed to the growth of the market. Additionally, underlying macroeconomic factors such as improving internet access and infrastructure have further fueled the expansion of the online dating market in Chad.

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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