BUSINESS INSIDER - Oct 13 - Wall Street thinks online dating could be the next hot sector, and the latest estimate sees the market growing to $12 billion by 2020. It all comes down to peoples' increasing willingness to try out online dating, said Mark Kelley, an analyst with Nomura Instinet. "Roughly half of Internet users are single, and we estimate 20% of them will be willing to use online dating products by 2020 (up from 15% in 2015), which equates to ~310M people globally (excluding China)," Kelly said. Match will remain the clear leader. Even Facebook shouldn't be a concern.
by Graham Rapier
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