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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.
With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions.
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.
For young adults in particular, this overall increase in online dating usage has been accompanied by a dramatic increase in the use of mobile dating apps.
Fully 22% of 18- to 24-year-olds now report using mobile dating apps, a more than fourfold increase from the 5% who reported using dating apps in 2013.