Online Dating Industry: The Business of Love

Online dating and its global impact - The Economist

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February 13, 2019 High Risk Merchant Account Jessyka Lee Some online dating sites target specific religious and cultural groups, while others are developed to match couples with specific interests. Popular mass audience sites like eHarmony, Match. Modern Online Dating Market The online dating industry has been growing at a rate 3.

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Conservatives looking to find Mr. or Ms. Right on new dating app

Still, it's a fast-growing industry. According to the Pew Research Center , between 2013 and 2015, online dating usage has tripled among those between the ages of 18 and 24. Dating services also benefit from tailwinds such as an untapped market, increasing millennial spending power, young people delaying life milestones , as well as working longer hours. This is all on top of the growing ubiquitousness of broadband internet and growing acceptance of online dating. Online Dating Industry User Breakdown While few would be surprised to hear that young adults are active with online dating, they might be when they realize that those in their late 50s and 60s are also quite active.

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