When compared globally, it is worth noting that in the United States is the leader in terms of revenue generation in the Online Dating market.
The average revenue per user (ARPU) in this market is projected to be US$6.16, highlighting the potential for monetization in the South Korean Online Dating market industry.
This indicates a steady increase in user penetration from 10.7% in 2023 to 11.4% by 2028.
In terms of user base, the number of users in the South Korean Online Dating market is expected to reach 5.8m users by 2028.
Furthermore, it is anticipated that the market will experience an annual growth rate of 1.41% between 20, resulting in a projected market volume of US$36.42m by 2028.
According to projections, the revenue in the market is set to reach US$33.95m by 2023.
The South Korean Online Dating market is expected to witness significant growth in the coming years.