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Online Dating Revenues Soar in Europe
(onlinedatingmagazine.com -
February 15, 2006) European online dating revenues
are soaring, according to a new report by JupiterResearch,
titled, "Online
Dating in Europe, 2006: Strong Growth Continues Across
the Region."
The report reveals that online dating
revenues in Europe will grow 43% from €160 million
in 2005 to €228 million in 2006. The U.K. is the
largest online dating market in Europe, with total
revenues expected to reach €63 million in 2006—representing
28% of the European market. Although the online dating
market in Europe is smaller than that in the U.S.,
industry revenues in Europe are growing more than seven
times faster. Currently just 4% of European Internet
users say they use online dating sites, compared to
20% in the U.S.
"It's not surprising that the growth is so strong
in Europe," says Joe Tracy, publisher of Online
Dating Magazine. "There's a lot of room to grow
and the practice is starting to become more widely
accepted there."
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