15 Best Dating Apps for Women

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In this article, we discuss the 15 best dating apps for women. To skip the detailed analysis of the dating industry and online dating for women, go directly to the 5 Best Dating Apps for Women.

Matchmaking and dating are concepts as old as time which is why it is no surprise that online dating has become a fast-growing business since the advent of technology. According to a Verified Market Research report, the online dating market was worth around $7.35 billion in 2021 and is expected to grow at a CAGR of 5.11% to $10.87 billion by 2030. Between January 2020 and 2022, it is estimated that online dating apps received over 5.3 billion visitors.

The online dating trend started with the launch of Match Group, Inc. (NASDAQ:MTCH) in 1995. According to a Pew Research Center survey, between 1995 and 2009, the number of married couples who met online rose from 0% to 22%. Meanwhile, in 2022, it was reported that 53% of adults between the age of 18 to 29 have used a dating app, compared to 37% of adults between the ages of 30 to 49.

The business of online dating is a profitable one, with most dating apps generating their revenue from subscriptions by charging significant amounts. For example, Match Group, Inc. (NASDAQ:MTCH) is set to introduce a $60 monthly plan for its dating app Hinge. The group will also test user interest for a version of Tinder that could cost its subscribers around $500 a month.

However, 2022 was a tough year for dating apps in general. One piece of evidence was that the biggest dating app company Match Group, Inc. (NASDAQ:MTCH) recorded its first-ever quarterly decline in the fourth quarter of 2022.

The strong dollar and rough macroeconomic conditions have taken a toll on the dating app industry. Third Bridge analyst Nicholas Cauley said:

"Price sensitivity is increasing given the current macro environment, and our experts think users' willingness to pay is beginning to hit a limit."

Despite that, Match Group, Inc. (NASDAQ:MTCH) still expects 2023 to be a better year for its apps and reaffirmed its 2023 guidance of 5% to 10% revenue growth by the end of the year.

Online Dating for Women

It is an arguable fact that women face more problems when it comes to online dating as compared to men. Statistically, women have experienced problems such as harassment more than men. According to an online survey by a non-profit, Stop Street Harassment, 81% of women have experienced some form of sexual harassment compared to 43% of men. According to Pew Research Center, “Women are more likely than men to report having been sexually harassed online (16% vs. 5%) or stalked (13% vs. 9%). Young women are particularly likely to have experienced sexual harassment online. Fully 33% of women under 35 say they have been sexually harassed online, while 11% of men under 35 say the same.”