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Baby Boomers in the 50- to 64-year-old range may be the group attracting the most industry competition, according to IBISWorld.
You’re Princess Buttercup looking for your Farm Boy. It’s enough to make anyone want to run and hide in a fire swamp.
Online daters 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.
The report projects the industry to add about a hundred companies per year over the next four years.
Related: Cheatin’ Hearts Online Cost Businesses M a Day That means making a dent as a new player will be harder than ever since many will have to build a database of users from scratch, says IBISWorld analyst Jeremy Edwards.