Industry Analysis & Industry Trends
The internet and dating will continue to be a match made in heaven. With consumers using the internet more than ever before, demand for online dating services is on the rise. Demand from niche dating networks and baby boomers is particularly increasing, and a new wave of smartphone applications will bring the industry to more people... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Dating Services industry is in the growth phase of its economic life cycle. Indicators of this life cycle stage include increased industry value added, rising revenue, a growing number of companies, increased industry-wide employment and an enhanced level of product development. The rise in demand for industry services is mainly due to consumer attitudinal changes; consumers are now more accepting of internet and matchmaking services as a method for forming relationships.
Industry value added, which measures the industry's contribution to GDP, is forecast to increase at an average annual rate of 4.9% between 2008 and 2018. GDP, by contrast is expected to grow at an annualized rate of 2.1% during the same period... purchase to read more