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Online Dating - Switzerland

Switzerland
  • Revenue in the Online Dating market is projected to reach US$16.08m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 1.50%, resulting in a projected market volume of US$17.07m by 2028.
  • In the Online Dating market, the number of users is expected to amount to 726.8k users by 2028.
  • User penetration will be 7.8% in 2024 and is expected to hit 8.0% by 2028.
  • The average revenue per user (ARPU) is expected to amount to US$23.23.
  • In global comparison, most revenue will be generated United States (US$1.39bn in 2024).
  • With a projected rate of 17.9%, the user penetration in the Online Dating market is highest United States.

Definition:

The Online Dating market is made up of online services that offer a platform on which its members can flirt, chat or fall in love. Two noticeable examples are Tinder and Zoosk. In contrast to matchmaking services, online dating focuses on casual contacting and easy flirting among its members. The users normally carry out the search on their own. In doing so, they can apply search filters with regard to criteria such as age, location and other attributes.

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.

In-Scope

  • Apps and portals to flirt, chat or fall in love
  • Apps and portals that create matches based on users location such as Tinder
  • Apps and portals that create matches based on simple demographic criteria such as Badoo

Out-Of-Scope

  • Niche dating, such as portals or apps for vegetarians
  • Casual Dating for the search for non-committal sex
  • Offline dating agencies
  • Speed dating or similar events for singles
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Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

    Most recent update: Mar 2024

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Demographics

    Most recent update: Mar 2024

    Sources: Statista Market Insights, Statista Consumer Insights Global

    Analyst Opinion

    The Online Dating market in Switzerland has been experiencing steady growth in recent years. Customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors have all contributed to this development. Customer preferences in Switzerland have shifted towards online dating platforms due to their convenience and accessibility. With busy lifestyles and limited time for socializing, many individuals are turning to online dating as a way to meet potential partners. The ability to browse through profiles and communicate with others from the comfort of their own homes has made online dating an attractive option for Swiss singles. Trends in the market have also played a role in the growth of online dating in Switzerland. The rise of smartphones and mobile apps has made it even easier for people to connect with others online. Dating apps have become increasingly popular, allowing users to swipe through profiles and chat with matches on-the-go. This trend towards mobile dating has fueled the growth of the online dating market in Switzerland. Local special circumstances have further contributed to the development of the online dating market in Switzerland. The country's small size and diverse population make it challenging for individuals to meet potential partners through traditional means. Online dating provides a platform for Swiss singles to expand their social networks and connect with people they may not have otherwise met. Underlying macroeconomic factors have also influenced the growth of online dating in Switzerland. The country's high standard of living and strong economy have created a favorable environment for online dating services. Swiss singles have the financial means to invest in online dating platforms and are willing to pay for premium features and services. In conclusion, the Online Dating market in Switzerland has experienced growth due to customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors. The convenience of online dating, the rise of mobile apps, the country's unique social dynamics, and the strong economy have all contributed to the development of the online dating market in Switzerland.

    Users

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Mar 2024

    Source: Statista Market Insights

    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.

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    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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