There is a moderate degree of market share concentration for the Dating Services industry.
Current major players in the industry include Inter Active Corp (IAC), which owns popular sites like and OKCupid.com, and e Harmony. IAC also acquired OKCupid.com, Singlesnet and People Media in 20.In the past five years, some prominent acquisitions and partnerships have taken place, namely by IAC. The Dating Services industry can expect strong demand in the next five years.The percentage of households with access to the internet is projected to continue rising throughout the period, which will expand the consumer market for online dating services.This statistic gives information on the mobile dating market revenue in the United States from 2009 to 2011 with forecast until 2017. The Dating Services industry has performed well during the five years to 2013.
Revenue gains averaged 2.9% per year to reach .0 billion in 2013, with consumers increasingly turning to the internet to meet prospective dates.“Industry firms that provide subscription-based membership, however, faced revenue declines during 2009 due to declining per capita disposable income levels during the recession,” explains IBISWorld industry analyst Caitlin Moldvay.“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.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.