https://twitter.com/AlecStapp/status/1628180622786035712
Market will resolve when either it goes above 80%, or it goes two years without increasing.
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1.00Hello!
Are we defining and establishing the date when we expect this to happen?
Assuming that the proportions are going to increase by 2024 or in 5 years, I will say no to the following reasons:
Around 32% of single people in the USA use online dating, a decrease from the almost 40% in 2020 shown in the graph you shared.
This decreasing trend seems to continue, the annual growth of internet-connected single people aged 18-65 is expected to slow down by about 1% over the next eight years.
This leads to the market shifting its strategy to monetizing its service by providing attractive features for its existing users, expecting to drive 70% of its revenue from 2022 to 2023 ( from 2014 to 2022 was 60%), an increase of 1.% per year. Thus, they are going to focus on user experience, which in a certain way, could influence the number of users but not directly and significantly.
Source: https://www.morganstanley.com/ideas/online-dating-2030
@ShirleyPinzas There's no specific time limit. In theory, the market could remain open indefinitely as long as it keeps increasing.