Online Dating Services Now a Billion Dollar Industry

 

Online Dating Services Now a Billion Dollar Industry

 

Online dating services now have a subscriber population estimated to be over 1 billion. That’s an industry of over $1 billion USD per year with growth rates steady at 10% per year. North America alone has over 1,400 online dating sites, where they are the third largest industry.

 

PACCAR Financial - Online Services
PACCAR Financial – Online Services (Photo credit: TruckPR)

 

Yet the online dating phenomenon is not restricted to the Americas or Europe, as Asians have embraced this love technology wholeheartedly. Japan has 1,600 online dating sites, even more than the US. India has 15 million subscribers, and that figure is expected to grow despite the economic crisis.

 

Perhaps the most significant growth factor has to do with the fact that more and more elderly people are dating online. 60 percent of women over the age of 65 and 30 percent of men of the same age group are expected to find dates on the web this year.

 

 

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2 thoughts on “Online Dating Services Now a Billion Dollar Industry

  • Steve Fowler on European dating

    Maybe it is time for the regulation of dating agencies because so few are genuine! UK dating sites do not have enough women, and European dating sites have most scams. (added by Mobile using Mippin)

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  • reese

    Even during the economic crisis more and more people are signing up at online dating services and it is very surprising that India has 15 million subscribers so amazing!!!

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