Dating industry stats

08 Nov

Currently with the US market saturated with over 1000 dating websites, things are slowing down and leveling out.

Original growth statistics were approximately 70% a year, but by 2006, the growth of the industry slowed to just 10%. It is expected that this downward growth trend will continue through the year 2011.

Last month M14 Industries sponsored the European Dating Conference 2017 in Amsterdam run by The Dating Awards.

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“This is a massive business,” said Roben Farzad, a writer for Smart Money magazine in September, 2005 Most services also encourage members to add photos or videos to their profile.Once a profile has been created, members can view the profiles of other members of the service, using the visible profile information to decide whether or not to initiate contact.Years later, has maintained its place as the best known, most reliable resource and largest network for online dating.Since the start of the new millennium the online dating industy grew rapidly from year to year. In 2004, however, those high numbers began to drop. Vice President of romance for Match.com, Trish Mc Dermott, reported a 154% growth in revenue, from .3 million in 2001 to 5.2 million in 2002.