Internet dating industry size

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Average time spent daily by users on mobile dating apps Users of Grindr, for instance, give more than half an hour per day to use the app.

Meanwhile, users of OKCupid, Match and Tinder devote 13 to 15 minutes of their day to find the best date.

Bermuda occupies an odd position in the communications and telecommunications world by having only one daily newspaper but numerous Internet Service Providers (ISPs), in its 21 square miles of total and area.

Internet availability, wired and cellphone (mobile) services in Bermuda are governed by the Bermuda Government's regulatory agency the Regulatory Authority of the Department of Telecommunications.

Even the boomers are getting in on the action, with online dating user share doubling from 6% in 2013 to 12% today.

Right now, there are already several mobile apps, but all of them are still able to build their own user base.

Some dating websites have already realized the trend and are churning out mobile versions to stay afloat in the market.

Online dating website Firstmet has already rolled out a mobile version to appeal to more users.

Reports say there are anywhere from 2,500 to 8,000 online dating platforms worldwide, all with their own unique claim or angle to attract users.

Pew Research Center reports that while few users were online dating in 2005, 15% of all Americans have used online dating sites or apps at some point as of 2015. Pew also recently reported that the share of 18-to-24-year-olds who use these platforms has nearly tripled from 10% in 2013 to 27% today.

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