Matchmaking - Qatar

Qatar

Highlights

Revenue in the Matchmaking market is projected to reach US$3.77m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of NaN%, resulting in a projected market volume of US$-6.41m by 2029.
In the Matchmaking market, the number of users is expected to amount to 44.6k users by 2029.
User penetration will be 1.2% in 2024 and is expected to hit 1.6% by 2029.
The average revenue per user (ARPU) is expected to amount to US$115.90.
In global comparison, most revenue will be generated China (US$1.21bn in 2024).
With a projected rate of 3.8%, the user penetration in the Matchmaking market is highest South Korea.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Casual Dating market in Qatar has been experiencing significant growth in recent years. Customer preferences have shifted towards more casual and non-committal relationships, leading to an increased demand for casual dating services. This trend can be attributed to several factors, including changing societal norms, increased internet penetration, and a growing young population.

Customer preferences: In Qatar, there has been a shift in customer preferences towards more casual and non-committal relationships. This can be attributed to changing societal norms and attitudes towards dating and relationships. Young adults in Qatar are increasingly seeking casual dating experiences as a way to explore their options and meet new people. They value the freedom and flexibility that casual dating offers, as it allows them to maintain their independence while still enjoying companionship.

Trends in the market: The casual dating market in Qatar has witnessed significant growth due to the increasing popularity of online dating platforms. These platforms provide a convenient and discreet way for individuals to connect with potential partners. The availability of mobile dating apps has further fueled this trend, as it allows users to easily access and engage with the casual dating market from their smartphones.

Local special circumstances: Qatar is a conservative society with traditional values, which may seem contradictory to the growth of the casual dating market. However, there is a growing segment of the population, particularly among the younger generation, that is more open to exploring casual dating. This can be attributed to exposure to Western culture and influences, as well as the desire for personal freedom and autonomy.

Underlying macroeconomic factors: Qatar's strong economy and high per capita income have contributed to the growth of the casual dating market. The country's wealth has allowed for the development and adoption of advanced technology, including online dating platforms. Additionally, the young population in Qatar, with a high proportion of expatriates, provides a large pool of potential users for casual dating services. In conclusion, the casual dating market in Qatar is experiencing significant growth due to changing customer preferences, increased internet penetration, and a young population. The shift towards more casual and non-committal relationships can be attributed to changing societal norms and the desire for personal freedom. The availability of online dating platforms and mobile apps has made it easier for individuals to engage with the casual dating market. Despite being a conservative society, Qatar's strong economy and young population have created favorable conditions for the growth of the casual dating 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.