Dating Services

ASEAN

Highlights

Revenue in the Dating Services market is projected to reach US$231.50m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 1.38%, resulting in a projected market volume of US$247.90m by 2029.
The Matchmaking market has a projected market volume of US$136.50m in 2024.
In global comparison, most revenue will be generated United States (US$2.55bn in 2024).
The average revenue per user (ARPU) in the Dating Services market is projected to amount to 0.00 in 2024.
In the Dating Services market, the number of users is expected to amount to 0.00 by 2029.
User penetration in the Dating Services market will be at 0.00 in 2024.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Dating Services market in ASEAN is experiencing significant growth and development, driven by changing customer preferences, emerging trends, and local special circumstances. Customer preferences in the Dating Services market in ASEAN are evolving, with an increasing number of individuals looking for convenient and efficient ways to meet potential partners. Online dating platforms have gained popularity, offering users the opportunity to connect with others from the comfort of their own homes. This trend is particularly prevalent among younger generations who are tech-savvy and accustomed to using digital platforms for various aspects of their lives. Additionally, the desire for international relationships and cross-cultural connections has also contributed to the growth of the Dating Services market in ASEAN. Trends in the market show that mobile dating applications are gaining traction in ASEAN countries. These apps provide users with a seamless and user-friendly interface, allowing them to browse through profiles, chat with potential matches, and arrange dates with ease. The convenience and accessibility offered by mobile dating apps have made them a popular choice among busy individuals who are constantly on the go. Furthermore, the integration of advanced technologies such as artificial intelligence and machine learning algorithms has enhanced the matchmaking capabilities of these apps, increasing the likelihood of successful matches. Local special circumstances also play a role in the development of the Dating Services market in ASEAN. Cultural norms and societal attitudes towards dating and relationships vary across countries in the region. In some conservative societies, dating is still considered taboo, leading individuals to seek discreet and private platforms to meet potential partners. On the other hand, in more liberal societies, dating services cater to a wider range of preferences and lifestyles, including LGBTQ+ communities. The diversity of the ASEAN region presents both opportunities and challenges for dating service providers, who must navigate cultural sensitivities and tailor their offerings accordingly. Underlying macroeconomic factors also contribute to the growth of the Dating Services market in ASEAN. Rising disposable incomes and urbanization have led to changes in lifestyle and social dynamics. As more individuals move to cities and pursue careers, they may find it challenging to meet new people and form meaningful connections. Dating services offer a solution to this problem, providing a platform for individuals to expand their social networks and potentially find love or companionship. Additionally, the increasing prevalence of smartphones and internet connectivity has made online dating more accessible to a larger segment of the population, further driving market growth. In conclusion, the Dating Services market in ASEAN is experiencing significant growth and development due to changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. The popularity of online dating platforms, particularly mobile apps, is on the rise, driven by the convenience and accessibility they offer. Cultural norms and societal attitudes towards dating and relationships vary across the region, presenting both opportunities and challenges for dating service providers. Overall, the market is poised for further expansion as technology continues to advance and individuals seek innovative ways to connect with others.

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.