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26-Nov-2017 08:32

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The online dating industry is a .1 billion business, with niche dating sites claiming more and more of that market share.

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"Mobile services are forecast to be the fastest growing segment over the next five years as operators, including Interactive Corp.All told, the dating services industry is expected to generate .1 billion this year, and nearly 70 percent will come from the thousands of dating websites across the globe.But even though the industry as a whole is growing, not all online personals sites are created equal, and analysts say only a select few make for good investments. Others focus on niche markets like race, religion and ethnicity.One of the world’s oldest professions is matchmaking, and given the role of technology in today’s world, it’s no surprise that the industry is booming.

With an explosion of new websites and apps, the dating services industry has performed very well in the past five years and is continuing to grow as today's singles turn to the Internet for help finding love.Information may be abridged and therefore incomplete.

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