Casual Dating - Seychelles

Seychelles

Highlights

Revenue in the Casual Dating market is projected to reach US$7.85k in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of NaN%, resulting in a projected market volume of US$-14.85k by 2029.
In the Casual Dating market, the number of users is expected to amount to 1.9k users by 2029.
User penetration will be 1.5% in 2024 and is expected to hit 1.7% by 2029.
The average revenue per user (ARPU) is expected to amount to US$4.84.
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 Seychelles is experiencing steady growth, driven by changing customer preferences and the increasing popularity of online dating platforms. Customer preferences in Seychelles have shifted towards online dating as a convenient and efficient way to meet potential partners. With busy lifestyles and limited opportunities to meet new people in traditional social settings, individuals are turning to online dating platforms to expand their social networks and find romantic connections. Online dating offers a wide range of options, allowing users to specify their preferences and search for compatible matches based on their criteria. This personalized approach appeals to Seychellois customers who are looking for meaningful and compatible relationships. One of the key trends in the online dating market in Seychelles is the rising popularity of mobile dating apps. With the increasing smartphone penetration in the country, more people have access to mobile dating apps, enabling them to connect with potential partners anytime and anywhere. Mobile dating apps also offer features such as location-based matching, which allows users to find matches in their vicinity, making the process more convenient and efficient. This trend is likely to continue as smartphones become more affordable and accessible to a wider population in Seychelles. Another trend in the market is the growing acceptance and normalization of online dating in Seychelles. In the past, there may have been a stigma attached to online dating, but this perception is changing as more people embrace the concept. Online dating is now seen as a legitimate and effective way to meet new people, and this shift in attitude has contributed to the growth of the market. As more individuals share their success stories and positive experiences with online dating, it encourages others to give it a try, further fueling the market's expansion. In addition to customer preferences, there are also local special circumstances that contribute to the development of the online dating market in Seychelles. The country's small population and limited social opportunities make it challenging for individuals to meet potential partners organically. Online dating provides a solution to this problem by connecting people who may not have crossed paths otherwise. Furthermore, Seychelles has a large tourism industry, attracting visitors from around the world. Online dating platforms offer an avenue for locals and tourists to connect, expanding the pool of potential matches and creating opportunities for cross-cultural relationships. Underlying macroeconomic factors also play a role in the growth of the online dating market in Seychelles. As the country's economy continues to develop and incomes rise, individuals have more disposable income to spend on leisure activities, including online dating. Additionally, the increasing internet penetration in Seychelles provides a solid foundation for the online dating market to thrive. With more people gaining access to the internet, the potential user base for online dating platforms expands, driving market growth. Overall, the Online Dating market in Seychelles is developing due to changing customer preferences, the rising popularity of mobile dating apps, the growing acceptance of online dating, local special circumstances, and underlying macroeconomic factors. As these trends continue to shape the market, online dating platforms in Seychelles can expect to see further growth and expansion 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.