Global Dating Services Market Size to Reach USD 18.52 Billion in 2032 | Emergen Research

Oct 20, 2023
< 1 minute read

Short summary:

  • The global dating services market, valued at USD 7.87 Billion in 2020, is expanding due to the rising popularity of online and offline dating platforms.
  • While people’s meticulous criteria for selecting partners boost the online dating industry, the market faces challenges from online frauds, safety concerns, and issues like scammer abuse and privacy violations.
  • Despite these hurdles and the COVID-19 pandemic’s initial negative impact, the market is projected to grow to USD 18.52 Billion by 2032, with a 7.3% CAGR, driven by the swift uptake of platforms facilitating easy social interaction.
  • However, the pandemic caused a mixed effect, with a general decline in engagement but a moderate continuation in some areas.

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