Dating Services

EAEU

Highlights

Revenue in the Dating Services market is projected to reach US$74.87m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 5.77%, resulting in a projected market volume of US$99.10m by 2029.
The Matchmaking market has a projected market volume of US$39.17m 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 EAEU is experiencing significant growth and development, driven by changing customer preferences and the increasing popularity of online dating platforms.

Customer preferences: In recent years, there has been a shift in customer preferences towards online dating platforms, as they offer convenience, a wide range of options, and the ability to connect with potential partners from the comfort of one's own home. This trend is particularly prevalent among younger generations who are digital natives and are more open to using technology for dating purposes. Additionally, the busy lifestyles of individuals in the EAEU region have also contributed to the growing demand for online dating services, as they provide a time-efficient way to meet new people and establish connections.

Trends in the market: One of the key trends in the Dating Services market in EAEU is the increasing popularity of niche dating platforms. These platforms cater to specific interests, hobbies, or demographics, allowing individuals to find like-minded partners. This trend reflects the growing desire for personalized and targeted dating experiences, as individuals seek to connect with others who share their values and interests. Niche dating platforms also provide an opportunity for individuals to explore new interests and communities, further enhancing the overall dating experience. Another trend in the market is the integration of artificial intelligence (AI) and machine learning algorithms in dating platforms. These technologies are being used to improve matchmaking algorithms, enhance user experience, and provide personalized recommendations. AI-powered features such as chatbots and virtual dating assistants are also becoming more common, offering users a more interactive and engaging dating experience. This trend is driven by the increasing availability of data and advancements in AI technology, allowing dating platforms to better understand user preferences and behavior, and provide more accurate and relevant matches.

Local special circumstances: The Dating Services market in EAEU is influenced by local cultural norms and traditions. In some countries within the region, there may be a preference for more traditional methods of dating and courtship, which can impact the adoption of online dating platforms. However, as the younger generation becomes more open to new ways of meeting people, the acceptance and usage of online dating services are expected to increase.

Underlying macroeconomic factors: The growing economy in the EAEU region, coupled with increasing internet penetration and smartphone adoption, has created a favorable environment for the growth of the Dating Services market. As more people gain access to the internet and smartphones, the potential customer base for online dating platforms expands. Additionally, the rising disposable incomes in the region have also contributed to the willingness of individuals to invest in dating services, further driving market growth. In conclusion, the Dating Services market in EAEU is experiencing growth and development due to changing customer preferences, the popularity of online dating platforms, and the integration of AI and machine learning technologies. Niche dating platforms and personalized experiences are emerging trends in the market, driven by the desire for targeted and tailored dating experiences. Local cultural norms and traditions, as well as the favorable macroeconomic factors in the region, also play a role in shaping the development of the market.

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.