Online Dating - CIS

CIS

Highlights

Revenue in the Online Dating market is projected to reach US$33.25m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 3.64%, resulting in a projected market volume of US$38.36m by 2028.
In the Online Dating market, the number of users is expected to amount to 13.5m users by 2028.
User penetration will be 0.00 in 2024 and is expected to hit 0.00 by 2028.
The average revenue per user (ARPU) is expected to amount to US$2.82.
In global comparison, most revenue will be generated United States (US$1.39bn in 2024).
With a projected rate of 0.0, the user penetration in the Online Dating market is highest 0.0.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Online Dating market in CIS is experiencing significant growth and development, driven by changing customer preferences and the increasing popularity of online dating platforms. Customer preferences in the CIS region are shifting towards online dating as a convenient and efficient way to meet potential partners. With busy lifestyles and limited time for socializing, many people are turning to online platforms to expand their social networks and find romantic connections. The ease of use and accessibility of these platforms, coupled with the ability to connect with a large number of people from diverse backgrounds, make online dating an attractive option for many individuals in the region. Additionally, the COVID-19 pandemic has further accelerated the adoption of online dating, as people seek alternative ways to meet and connect while adhering to social distancing measures. One of the key trends in the CIS online dating market is the growing popularity of mobile dating apps. With the widespread use of smartphones and increasing internet penetration, mobile apps have become the preferred method for accessing online dating services. These apps offer a seamless and user-friendly experience, allowing individuals to browse profiles, chat with potential matches, and arrange dates on the go. The convenience and accessibility of mobile dating apps have contributed to their rapid growth and dominance in the market. Another trend in the CIS online dating market is the rise of niche dating platforms catering to specific interests and demographics. As online dating becomes more mainstream, individuals are seeking platforms that cater to their specific preferences and interests. Niche dating platforms targeting specific religious, ethnic, or lifestyle communities have gained popularity in the region, providing individuals with a more tailored and personalized online dating experience. These niche platforms offer a sense of community and shared values, attracting individuals who are looking for more meaningful connections. Local special circumstances in the CIS region also contribute to the development of the online dating market. Cultural factors, such as the importance of family and social connections, influence the way people approach dating and relationships. Online dating platforms provide an opportunity for individuals to meet potential partners outside their immediate social circles, expanding their options and increasing the likelihood of finding a compatible match. Additionally, the relatively low cost of online dating compared to traditional dating methods makes it an attractive option for individuals in the region. Underlying macroeconomic factors, such as increasing internet penetration and smartphone adoption rates, also play a significant role in the growth of the online dating market in the CIS region. As more people gain access to the internet and smartphones, the potential user base for online dating platforms expands, driving market growth. Furthermore, the increasing acceptance and normalization of online dating as a legitimate way to meet potential partners contribute to the market's development. In conclusion, the Online Dating market in CIS is experiencing growth and development due to changing customer preferences, the popularity of mobile dating apps, the rise of niche platforms, local special circumstances, and underlying macroeconomic factors. As online dating continues to evolve and become more ingrained in the social fabric of the region, the market is expected to further expand and diversify in the coming years.

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.