Online Dating Industry Predicted to Grow by 25 Percent in 2010

by Rajshri on  January 12, 2010 at 8:37 PM Lifestyle News   - G J E 4
 Online Dating Industry Predicted to Grow by 25 Percent in 2010
Analysts have predicted that the online dating industry is likely to experience 25 percent growth this year.

There are numerous dating sites that enable singles to look for romance by tailoring requests in terms of ethnicity, physicality, religion and sexual orientation.

The Australian online dating industry has already experienced a 5 per cent increase last year and is expected to grow by another 5 to 10 per cent this year.

A survey of more than 3000 people by dating website RSVP, owned by Fairfax Media, publisher of The Sunday Age, found that 50 per cent had tried online dating, while 10 per cent met their partner on the internet.

Business analysis group IBISWorld predicts the industry to earn almost 100 million dollars from subscriptions and advertising in 2010.

IBISWorld senior analyst Edward Butler said niche sites were becoming more user-friendly.

"Based on religion or interest, they will do a lot of that work before you even sign up and reduce the effort," The Age quoted him as saying.

Source: ANI

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