Size of online dating
When it comes to finding love, "there's a lid for every pot," as the saying goes.
These days, online dating makes it easier than ever to find your "lid." While dominated by big name, mass audience sites, like and e Harmony, a growing number of niche sites are finding success targeting singles looking for something very specific.
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Pew Research Center reports that while few users were online dating in 2005, 15% of all Americans have used online dating sites or apps at some point as of 2015. Pew also recently reported that the share of 18-to-24-year-olds who use these platforms has nearly tripled from 10% in 2013 to 27% today.Even the boomers are getting in on the action, with online dating user share doubling from 6% in 2013 to 12% today.The stigma of meeting your soulmate through a website is dwindling by the day, experts say, especially for millennials and Generation Z.Often, “browsing” will be free, but messaging or contacting other users will require a subscription.Alternatively, some websites generate revenue solely through advertising and are free for users.
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Industry Description The online dating industry (SIC 7299, NAICS 812990) consists of companies engaged in online matchmaking services.