Canadians could have more options to choose Dating industry value in coming years. According to IBISWorld, the number of companies in the dating services industry in Canada is expected to continue to expand, by 3. As the stigma around online dating has faded, it's also become a highly competitive — and crowded — industry.
Companies have targeted niche communities and different religious, ethnic and age groups with apps such as ChristianMingle, JDate, Farmers Only, Grindr, and SilverSingles. But in both Canada and the U.
And, in the U. Match Group, the largest company by market share in both Canada and the U. The company says controls more than 45 brands, including Match. Still, its well-known brands have been part of the Canadian landscape for years.
Chris Bennett worked in downtown Toronto, but he used to live outside of the city. He says that, without Tinder, he may not have met his fiance when he was using the app two years ago. In its Dating industry value recent quarterly report, Match Group says more than three million Tinder users pay for premium services and its total number of global subscribers across all brands soared 24 per cent to seven million.
But as the popular sites become even more well-established, it's becoming more challenging for newer websites and apps to join in. Lavalife launched in using the hot, new technology of the time: It helped to pave the way for the rise in digital dating services after it.