Online dating industry in india

online dating industry in india

How much money do online dating companies make in India?

According to online market researcher Statista, Indian online dating companies are expected to earn around $13 million in 2018, with nearly half the singles (41 million) from the 2011 census on dating apps by 2022.

How big is the dating app market in India?

India is the second-largest revenue market for dating apps, after the US, with $323 million in revenue in 2020, according to Statisa.com. A Tinder spokesperson told The Indian Express that growth in Tier-II cities has grown twice as much as the metros in the past year.

What will be the revenue of the online dating industry in 2022?

Further, the revenue will grow at a CAGR of 6.56% between 2022 to 2025 and reach US $4,449m by 2025. As per Statista, the revenue in the online dating segment in the United States is anticipated to reach US$829m in 2022.

When did online dating become popular in India?

In the late 1950s, the rise of the Darpanet—the internet, as we know it today—became a new way to meet eligible singles, while now we look for companionship through handheld digital screens. But dating, as a concept, took a while to find its way to India. Before the late 2010s, there were no significant players in India’s online dating industry.

How much do online dating companies earn?

Five years down the line, there is some evidence these companies might be earning money. According to online market researcher Statista, Indian online dating companies are expected to earn around $13 million in 2018, with nearly half the singles (41 million) from the 2011 census on dating apps by 2022.

How to make money via dating apps?

An effective way to earn money via dating apps is by integrating a service that allows users to choose attractive gifts for their date and send them directly. Hence, you can generate some revenue by selling gift items through the dating app. For this, you can open an online gift shop of your own and provide its link on the dating app.

How many people use online dating apps?

Around 15% of US adults, or around 50 million Americans, say that they have or continue to use websites or mobile dating apps in their pursuit of romance. Some predict that revenue is expected to grow 25% by 2020. Still, its a fast-growing industry.

How big is the business of dating?

This article explores the business of dating: the market size of dating apps in the U.S., the industry’s biggest players, and how these products actually make money (if they even do!) According to research firm IBISWorld, dating services in the US will be a $3 billion a year business in 2018, growing since the previous year.

What is the history of dating in India?

In the late 1950s, the rise of the Darpanet—the internet, as we know it today—became a new way to meet eligible singles, while now we look for companionship through handheld digital screens. But dating, as a concept, took a while to find its way to India.

Which dating app saw a 300% increase in signups in India?

The growing culture of online dating in India Dating app QuackQuack saw a whopping 300 percent increase in signups from smaller cities and towns and that took their current user base to 11 million. Published: 19th December 2020 11:46 AM | Last Updated: 19th December 2020 11:46 AM | A+ A A-

How has online dating changed over the years?

Online dating has come a long way in just a few decades. Match.com launched in 1995 — three years before Google — and became a pioneer in the pretty much nonexistent online dating scene. In those early days, it wasn’t clear online dating would be successful.

How big is the online dating industry in India?

The online dating industry in India is worth over ₹2,394 crore ($323 million), and the country is the third-largest revenue generator, after the US and China. It seems that despite the prevalence of arranged marriages, Indian youngsters are willing to break traditional norms.

Related posts: