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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.
The Dating Services industry has performed well over the past five years as a growing number of consumers turn to the internet looking for love. It's a strange paradox that is mentioned in this article, that the better a dating site is at helping its members, the sooner those members will cancel their subscription.
Analysts provide estimates for various aspects of a company's operations, including its net income, earnings per share and revenue. Companies and professionals in this industry provide matchmaking services and host singles events such as speed dating. I used to run a business that required me to make several money transfers every week. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Additional Insights for the Dating Services Industry.
The Passion Network, for example, is a small empire of 250 dating hubs like Thanks to the growth of such sites, the industry has expanded at 3.5 percent a year since 2008 — right through the recession — to become a .1 billion powerhouse.
Analysts expect the acceleration to continue over the next five years.