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Analysts expect the acceleration to continue over the next five years.
Target marketing, changing demographics, and decreasing stigma about online dating are continually bringing new users to fore.
Revenue gains averaged 2.9% per year to reach .0 billion in 2013, with consumers increasingly turning to the internet to meet prospective dates.
“Industry firms that provide subscription-based membership, however, faced revenue declines during 2009 due to declining per capita disposable income levels during the recession,” explains IBISWorld industry analyst Caitlin Moldvay.
In the last few weeks, e Harmony has launched a personal matching feature called eh that Langston says will combine the company's huge database with a real-live matchmaker — for 00 a pop.
The Dating Services industry has performed well during the five years to 2013.
The Passion Network, for example, is a small empire of 250 dating hubs like Thanks to the growth of such sites, the industry has expanded at 3.5 percent a year since 2008 — right through the recession — to become a .1 billion powerhouse.Disapproval has gotten especially rare among now spend more time on dating apps than they do on the sites themselves.And by 2018, more than 80 percent of the population will own a smartphone up from 46 percent in 2012, according to IBISWorld.Current major players in the industry include Inter Active Corp (IAC), which owns popular sites like and OKCupid.com, and e Harmony. IAC also acquired OKCupid.com, Singlesnet and People Media in 20.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.