Dating Services - Denmark

Denmark

Highlights

Revenue in the Dating Services market is projected to reach US$16.71m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 2.49%, resulting in a projected market volume of US$18.44m by 2028.
The Matchmaking market has a projected market volume of US$9.69m in 2024.
In global comparison, most revenue will be generated United States (US$2.55bn in 2024).
The average revenue per user (ARPU) in the Dating Services market is projected to amount to US$23.70 in 2024.
In the Dating Services market, the number of users is expected to amount to 678.8k users by 2028.
User penetration in the Dating Services market will be at 12.0% in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Dating Services market in Denmark is experiencing steady growth and development. Customer preferences are shifting towards online dating platforms, which offer convenience and a wider pool of potential partners. Additionally, local special circumstances, such as a high rate of singles and a strong focus on gender equality, contribute to the growth of the market.

Customer preferences: In Denmark, customer preferences in the dating services market are increasingly leaning towards online platforms. This is driven by the convenience and accessibility that online dating offers. With busy lifestyles and limited time for socializing, individuals are turning to online platforms to meet potential partners. These platforms provide a wider pool of potential matches, allowing users to connect with people they may not have met otherwise. Furthermore, online dating provides a level of anonymity and control over the dating process, which is appealing to many individuals.

Trends in the market: One of the key trends in the dating services market in Denmark is the rise of niche dating platforms. These platforms cater to specific interests or demographics, such as religious affiliations, hobbies, or age groups. By targeting specific segments of the population, these platforms are able to provide a more tailored and personalized dating experience. This trend reflects the growing demand for more specialized dating services that cater to individual preferences and interests. Another trend in the market is the integration of technology and artificial intelligence (AI) into dating platforms. AI algorithms are being used to analyze user data and preferences, providing more accurate and relevant matches. This technology also enables platforms to offer additional features, such as personalized recommendations and virtual dating experiences. The integration of technology is enhancing the overall user experience and increasing the success rate of finding compatible matches.

Local special circumstances: Denmark has a high rate of singles, which contributes to the growth of the dating services market. This can be attributed to factors such as changing societal norms, delayed marriages, and an increasing focus on individualism. As a result, more individuals are actively seeking romantic relationships and turning to dating services to find compatible partners. Furthermore, Denmark has a strong focus on gender equality, which is reflected in the dating services market. Both men and women are actively participating in online dating, with equal opportunities for initiating contact and making the first move. This emphasis on gender equality creates a more balanced and inclusive dating environment, attracting a larger number of users to the market.

Underlying macroeconomic factors: The growth of the dating services market in Denmark is also influenced by underlying macroeconomic factors. The country has a stable economy and a high standard of living, which provides individuals with the financial means to invest in dating services. Additionally, Denmark has a high internet penetration rate and widespread access to smartphones, making online dating platforms easily accessible to a large portion of the population. In conclusion, the Dating Services market in Denmark is experiencing growth and development due to customer preferences shifting towards online platforms, the rise of niche dating platforms, the integration of technology and AI, the high rate of singles, the focus on gender equality, and underlying macroeconomic factors such as a stable economy and widespread internet access. These factors contribute to the overall growth and success of the dating services market in Denmark.

Data coverage:

The data encompasses B2C enterprises. Figures are based on Gross Merchandise Value (GMV) and represent what consumers pay for these products and services. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.

Modeling approach / Market size:

Market sizes are determined through a bottom-up approach, building on predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, urban population, usage of key players, and attitudes toward online services.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.