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.At present the online dating industry is a 700 million dollar industry.

dating industry size-21

Internet dating services began to take shape with the advent of the first major player in the online industry, in 1995.

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 $49.3 million in 2001 to $125.2 million in 2002.

Mobile dating market revenue in the United States from 2009 through 2017 (in million U. dollars) This statistic gives information on the mobile dating market revenue in the United States from 2009 to 2011 with forecast until 2017.

Annual mobile dating market revenue development in the United States from 2010 through 2017 (in percent) This statistic gives information on the development of the mobile dating market revenue in the United States from 2009 to 201 with forecast until 2017. Online dating site and mobile dating app usage among U. internet users as of June 2014 This statistic illustrates the online dating site and mobile dating app usage among U.

market revenue grew 153 percent compared to the previous year. During this survey, it was found that six percent of online users were currently using online dating sites or apps.

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According to Mc Dermott, earnings for the first quarter of that year amounted to .9 million; profits were .1 million in 2002 versus .7 million in 2001.

“This is a massive business,” said Roben Farzad, a writer for Smart Money magazine in September, 2005

“It’s hit an absolute homerun.” The Web has revolutionized this business and has brought affordable and convenient matchmaking to the masses.

This market is a now a billion business in the U S.