Casual Dating - Algeria

Algeria

Highlights

Revenue in the Casual Dating market is projected to reach US$1.91m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of NaN%, resulting in a projected market volume of US$-439.50k by 2029.
In the Casual Dating market, the number of users is expected to amount to 596.5k users by 2029.
User penetration will be 1.2% in 2024 and is expected to hit 1.2% by 2029.
The average revenue per user (ARPU) is expected to amount to US$3.37.
In global comparison, most revenue will be generated United States (US$293.80m in 2024).
With a projected rate of 4.6%, the user penetration in the Casual Dating market is highest Armenia.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Online Dating market in Algeria is experiencing steady growth due to changing customer preferences and the increasing popularity of online platforms for dating and socializing. Customer preferences in Algeria have shifted towards online dating platforms as a convenient and efficient way to meet potential partners. With the rise of smartphones and internet penetration, more Algerians are turning to online dating apps and websites to find love and companionship. These platforms offer a wide range of features and services, such as matching algorithms, chat functions, and profile customization, which appeal to Algerian users looking for meaningful connections. One of the key trends in the Algerian online dating market is the increasing acceptance and normalization of online dating among the younger generation. As societal norms evolve, young Algerians are embracing technology as a means to expand their social circles and explore romantic relationships. Online dating platforms provide a safe and controlled environment for individuals to connect with others who share similar interests and values. Another trend in the market is the growing popularity of niche dating platforms that cater to specific interests or communities. This trend reflects the diverse preferences and needs of Algerian users, who are seeking more targeted and tailored dating experiences. Niche dating platforms allow users to find like-minded individuals who share their hobbies, religious beliefs, or cultural backgrounds, enhancing the chances of forming a meaningful connection. Local special circumstances in Algeria, such as cultural and religious factors, also influence the development of the online dating market. Algeria is a predominantly Muslim country with conservative values, which can impact the way online dating is perceived and utilized. Online dating platforms need to navigate these cultural sensitivities and adapt their services to cater to the specific needs and expectations of Algerian users. Underlying macroeconomic factors, such as increasing internet penetration and smartphone adoption rates, are driving the growth of the online dating market in Algeria. As more Algerians gain access to the internet and smartphones, the potential user base for online dating platforms expands. Additionally, the COVID-19 pandemic has accelerated the adoption of online dating as people seek alternative ways to meet and connect with others while adhering to social distancing measures. In conclusion, the Online Dating market in Algeria is witnessing growth due to changing customer preferences, the increasing acceptance of online dating among the younger generation, the popularity of niche dating platforms, local special circumstances, and underlying macroeconomic factors. As technology continues to advance and societal norms evolve, the online dating market in Algeria 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.