The busy lifestyle many people lead, also tends to push especially professional singles towards the speed and ease of online dating.
While the average subscription cost has become more affordable in the $35-$50 range, the number of subscribers has increased dramatically, leading to the higher industry success. The average person spends $239 on online dating each year.
It's not just an American opportunity either- European online services are seeing revenues from online dating domains jump as well year over year.
For whichever reason, people are flocking to online dating domains, making it the perfect time to invest in a new business centered around matchmaking.
The online dating industry has increased from a $900 million industry in 2007 to a $1.9 billion industry in 2012.
Such companies offer a wide variety of unmoderated matchmaking services, most of which are profile-based.
Online dating services allow users to become "members" by creating a profile and uploading personal information including (but not limited to) age, gender, sexual orientation, location, and appearance.
A great diversity of online dating services currently exists.
Some have a broad membership base of diverse users looking for many different types of relationships.
According to a new report from Application Readiness expert, Flexera Software, the functionality and behavior of many popular dating apps could violate organizations’ BYOD policies.