You and I will probably agree that matchmaking an industry that spans many years, and it has brought great joy in the lives of many people. No man is an island, and we all need somebody to lean on! In your own time, it is important to research on the market size of dating apps especially in the U.S., know who the big players are, and lastly ways to generate money using the wide-ranging products. We have come a long way and there changes in the way we make that First connection. I remember there were times when the whole idea of meeting someone online and going for a date sounded a rather unorthodox idea. You might even be surprised that even in the modern times you can come across some people that remain strangely opposed to the idea. Changing times call for different approaches in doing things, and it is impressive watching how the millennials have spearheaded change. If you are curious to know more about First connection, read me.
Research statistics
It was in January 2018 that statistics indicated a significant change. It showed that 12% of 18-29-year-olds were more inclined to dating a partner they met online. Do you still have doubts? Then conduct research and you will be surprised to learn that we currently have more than 1,500 dating websites and apps online. All of them are trying all within their means to draw single women and men to their products. They are all very intentional when it comes matching singles to their dream partners. The research firm IBIS World has revealed the significant growth of the dating apps business in the world. It indicates that it will soon expand to become a $3 billion a year business and there has been signs of this since 2018. It is impressive watching the eagerness of US citizens in using the dating apps and websites. About 50 million Americans feel comfortable and happy resorting to websites or mobile dating apps to get their ideal partners.
The above numbers look quite promising. However, it is noteworthy noting that 2022 indicated a decline in the progress of this segment. Things slowed that down yearsparking about concerns among businessmen and women. We are in 2024 and the business seems to be picking up again. Researchers say the success of the business segment is hinged to some particular tailwinds. Feel free thinking about the increasing millennial spending power, untapped market, young people delaying life milestones and more. Some of the life milestones that may tamper with include home purchasing, marriage, as well as working longer hours.
Mindset
We are in times when pretty few people would be shocked with the idea of young adults showing high activity in the online dating. But I think what is a real shocker is finding people in their late 50s and 60s in those dating websites and apps in large numbers. Some might be quick to judge that the moral fabric in society is being torn apart, but it also matters opening our eyes to the fact that people deserve love at whatever age. Some lost partners through understandable ways, and they don’t have to be subjected to loneliness for the rest of their lives. Let us be more understanding of others.
