How Could Dating Mobile Apps Development Create Bigger Business?
Online dating is the new trend of starting a relationship of any kind. In earlier days, there were several ways to get in touch with an interest of the opposite gender, such as meeting through friends, meeting at university, meeting at gyms, however, nowadays, meeting and dating online has taken over. from all other alternatives. The mobile dating app market right now is growing at a rapid rate and millennials are playing a key role in this rise. You can relate cost to develop dating application with social networks since the vast majority of the public is using them and therefore at some point you would also think of giving it a try.
At the end of 2018, it was revealed that the World Wide Web
was home to more than 8,000 dating websites. Certainly, there is a lot of
competition, however, there are not many dating apps that can satisfy all the
main needs of the users. This can be taken into account, anyone can decide to
jump into this market to provide customers with exactly what they are looking
for. So, in case you have decided to give this field of business a try, this
blog will act as a guide to help you achieve what you are trying to achieve.
Why Invest In Dating App Development: Market Size
Having a detailed look at the facts and figures of the topic
you are going to invest in is a paramount step one should take as it provides
information on various topics such as the audience one is looking to target,
their needs and wants and also the specific characteristics they want. Let's
take a look at some intriguing figures to help you in your analysis.
60% of the public in the 18-29 age group have used a dating
website or app at some point in their life.
20% of couples in the US met through online dating apps.
Young adult use of online dating sites and apps has nearly
tripled since 2013.
There are 1.6 billion daily swipes on Tinder
17% of online daters commit to the person they met through
the online medium.
66% of online dating app users have gone on a date with a
person they met online.
$1.8 billion per year is the income accumulated by various
dating apps around the world
According to statistics from a major company, 52.4% of
people using these dating apps are men. In 2017, a large portion of dating app
users were over the age of 25; however, top
10 app development companies in Saudi at the end of 2019, the
average age of users dropped a bit, and about 30% of overall users are now
between the ages of 18 and 29.
Types of mobile dating apps
As we mentioned earlier, there are a total of 8,000 dating
apps worldwide, this will sound overwhelming to anyone looking to get into the
world of dating app development. However, you can breathe a sigh of relief as
you don't have to compete directly with all these 8,000 competitors, you just
have to go head-to-head with competitors in your niche. You need to identify
your direct competitors and then study how they do their work and where they
focus on their successes and failures. Now, let's take a look at various types
of online dating apps.
1. Geo-proximity dating app
Geo-proximity dating apps are the type of apps that allow
users to search for matches within their proximity. With the use of browsing
services, one can take a look at all the love interest profiles that appear in
their suggestions. Mobile
application development company in Dubai The user can select the
radius up to which he wants to see the profiles of the suggested love
interests.
Coffee Meets Bagel is a popular geo-proximity dating app
that was created through innovative thinking. This app puts the power of
conversation starters in the hands of women. A man cannot text a woman
immediately after she likes her profile, he can only start a conversation only
after receiving the same on her profile. Coffee Meets Bagel has also put a cap
on the number of likes one person can make in a day, thus promoting meaningful
relationships over connections.
Other examples of geo-proximity apps are Tinder, Bumble,
OkCupid.
2. Niche dating mobile apps
If you are targeting a specific niche, it will come in handy
as there are comparatively less competitors and you can easily build a loyal
user base for your app idea. DateMyPet is one of those apps that decided to
stray from the norm and provided a platform for pet lovers to come together on
their app. Pet breakups are quite common these days and if we go by the
statistics, we will find that the amount of this type of breakup is as high as
86%.
3. Algorithm-Based Dating App Matching
The application's algorithm compares the new user's profile
to existing profiles in the database and suggests matches on that basis. Let's
take a look at how the matching algorithm of famous dating apps works. list
of application development companies in Kuwait Dating or hookup apps
like this one use the score to rank users based on their attractiveness.This
step is done after the app has counted the number of people who have swiped
right on a person's profile. The higher the number of likes, the higher the
user will rank in the rankings.
The app suggests this user's profile to other users who have
a similar number of likes.In this way, the processes of the application match
the profiles that are most liked in the dating application.
Cost and time required to develop a mobile dating app
The custom io dating app typically requires 1447 hours or
more to develop. As for the total cost of the developed iOS dating app like
Tinder, it requires at least $50,000. However, if you decide to develop a
second Android app, it will cost you about an additional $25,000. Find out how
much it costs to develop a mobile app.
Ending
People look for various sources to find their perfect match
and online dating apps are one such source. As time goes by, these mobile
dating apps are gaining the trust of more and more people, iOS
apps development in Dammam making them a guarantee for financial
success. However, it is necessary to maintain all current user requirements
when developing a dating app. Through this information, you will be able to
develop a dating app with a Tinder-like approach that will boost your chances
of glory.
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