Online dating market size in russia

IBISWorld estimates that the number of companies in the Dating Services industry increased at an average annual rate of 3.1% to 3,898 in the five years to 2013.

Employment expanded as well, rising at an average rate of 3.1% per year to an estimated 7,376 employees in 2013.

“Fortunately, revenue has grown consistently throughout the remainder of the five-year period.” In response to the increasing number of US adults with smartphone devices, companies introduced a bevy of new products, including i Phone, Android and Blackberry dating apps, as well as locations services that use global positioning system (GPS) technology to find other single people in a customer’s vicinity.

In addition to product expansion, as consumer demand for online dating and matchmaking services has grown, new companies have entered the industry, says Moldvay.

Follow IBISWorld on Twitter: https://twitter.com/#! /IBISWorld Friend IBISWorld on Facebook: IBISWorld industry Report Key Topics Companies in this industry provide services allowing clients to meet with other clients, usually with the intent of pursuing romantic relationships.

The level of concentration within the dating services industry has risen throughout the past five years.The ability to connect instantaneously through an app is an appealing aspect to many single consumers.Because this apps is free, it makes its profits through ads and its premium service, Tinder Plus.The industry also includes companies that organize singles events, such as speed dating. Industry Performance Executive Summary Key External Drivers Current Performance Industry Outlook Industry Life Cycle Products & Markets Supply Chain Products & Services Major Markets Globalization & Trade Business Locations Competitive Landscape Market Share Concentration Key Success Factors Cost Structure Benchmarks Barriers to Entry Major Companies Operating Conditions Capital Intensity Key Statistics Industry Data Annual Change Key Ratios About IBISWorld Inc.Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry.

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