- 124 million singles in the United States, according to MarketResearch.com.
- The dating services industry is forecast to grow to $3.2 billion by 2020 from $2.5 billion in 2015.
- IAC’s publicly traded Match Group is the market leader in online dating with $1.73 billion in yearly revenue, followed by eHarmony and Spark Networks.
- Match Group’s revenue grew 21 percent in 4Q 2018 to $457.3 million from a year earlier. The company’s brands include Tinder, Match, Meetic, OKCupid and Pairs. It acquired rival Plenty of Fish for $575 million, and also bought Meetic, OK Cupid, Yahoo Personals, Our Time and Tinder.
- Match Group increased subscribership 17 percent to 8.2 million in 4Q 2018 from a year earlier. Tinder boosted subscribers 39% to 4.3 million in 4Q 2018 from a year earlier.
- The first Sunday after New Year’s – dubbed “Dating Sunday” or “Singles Sunday” – is key because of the combination of potentially lonely holidays, recovering from a break-up, peer and family pressure, personal goals and the upcoming Valentine’s Day. Online dating search can go up 75 percent that day, USA Today reported.
- On Singles Sunday, online daters are 17 percent more likely to get a match and 16 percent more likely to actually chat with that match, according to CNET.
- Match Group predicted there will be a 69 percent jump in new singles coming to the app on Dating Sunday, according to Market Watch.
- Tinder told Bustle that one Dating Sunday led to 44 million Tinder matches being made. Dating Sunday is one of Bumble’s busiest days of the year, according to a statement from dating app Bumble to Global News.
- Coffee Meets Bagel said the first week of January is the most popular time of year to sign up for an online dating service, and 11:30 p.m. is the peak hour for new member sign-ups.
- More than 40 percent of online singles globally have used online dating apps or sites within the past month; around two-thirds of them are men, according to consumer research company GlobalWebIndex.
- 3 in 4 online daters are under the age of 30.
- Online daters describe themselves as risk-takers and they want to be seen as adventurous by others. These traits are more visible in younger online daters. The majority of online daters also agree that the internet makes them feel closer to people.
- Online daters ages 18 to 30 are more likely to keep up with the latest fashion trends and visit movie theaters at least twice a month.
The U.S. installed base of smart-speaker devices nearly doubled to 66 million units in December from a year earlier, according to Consumer Intelligence Research Partners. The installed base was 53 million units in September 2018 and 36 million in December 2017.
Amazon Echo has 70 percent of the installed base, followed by Google Home at 24 percent and Apple HomePod at 6 percent.
The percentage of smart-speaker owners who have more than device grew to 35 percent in December from 18 percent a year earlier.
CIRP surveyed 500 U.S. owners of Amazon Echo, Google Home and Apple HomePod devices from Jan. 1 -11, 2019.
The percentage of cellular subscribers who have unlimited data plans rose to 37 percent in 2018 from 25 percent in 2017, according to a Deloitte survey of mobile subscribers.
60 percent of respondents said 5G is now “important” to them, according to Deloitte.
80 percent of respondents who use their smartphones to watch video content weekly said 5G is important to them.
73 percent of U.S. consumers said they were concerned about sharing their personal data online and the potential for identify [sic] theft, according to Deloitte.
69 percent said they believe companies aren’t doing everything they can to protect consumers’ personal data.
73 percent said they would be more comfortable sharing their data if they had some visibility and control.
About two-thirds of respondents use a voice assistant on their smartphones—a 20 percent increase from a year earlier.
Smart speakers are the most prominent platform for digital assistants: 69 percent of respondents use them weekly and 47 percent daily.
Facebook this month will add a feature to its app and website that lets users see how their contact information is used for ad targeting. Read more…
Top reasons consumers aren’t celebrating Valentine’s Day:
- Don’t have anyone to celebrate with
- Not interested anymore
Percentage of People Planning to Celebrate Valentine’s Day
|Year||Ages 18-34||Ages 35-54||Ages 55 and older|
No, it hasn’t:
Tax Policy Center argues federal revenue declined.
Other skeptics cite surging government deficits and debt.
The brief economic spurt in 2018 was evidence of the law’s failure to help long-term growth.
Yes, it has:
None of the above arguments concludes whether the tax cut was worth its cost.
Comparing expected growth in gross domestic product with growth in publicly held federal debt — before and after the tax cut — is a better measure, according to Edward Conard, an American Enterprise Institute visiting scholar and former Bain Capital partner, writing in The Wall Street Journal. His comparison includes the long-term effect of tax reform on the economy and the federal budget.
The Congressional Budget Office last week published a 10-year forecast.
Unlike a pre-reform projection, the CBO now expects annual GDP that’s $750 billion higher by 2027, the last year of its prior forecast.
“A strong case can be made that tax reform played a predominant role in accelerating GDP growth. While most large economies stagnated last year, a sharp rise in business investment in the U.S. helped drive the economy forward,” Conard writes. “On the other side of the ledger, the CBO predicts the tax cuts will add $1.9 trillion of additional debt in the coming decade, and that the government will pay about $60 billion more in interest each year as a result. So the bottom line says an extra $60 billion a year buys the U.S. $750 billion in annual GDP. That’s a great deal for taxpayers.”
The government may collect more than $120 billion a year in taxes from that extra $750 billion of GDP, more than enough to cover additional interest payments.
|Brands||Earned Media Value||Number of Likes|
InfluencerDB analyzed all posts from channels with more than 15,000 followers from Jan. 28 to Feb. 4, 2019, that mentioned a brand or used a brand hashtag — in addition to using at least one of the hashtags associated with the Super Bowl. Earned Media Value (EMV) is the value of the exposure of the posts mentioning an Instagram channel if that channel bought the same amount of advertising exposure.
“Samsung announced Monday that Apple’s iTunes software—and the video library it lets people make purchases from—will be available on its smart TVs. In addition, these TVs will support AirPlay 2, Apple’s wireless standard that allows Apple’s iPhones and other devices to stream content directly to those TVs. That was followed by a flurry of AirPlay 2 announcements from other TV makers including LG, Vizio and Sony. In December, Amazon announced that Apple Music was coming to Echo speakers.” – Christopher Mims, The Wall Street Journal
“A total of more than 900 million iPhones were in active use at the end of 2018, Apple revealed on Tuesday, up 75 million or 9 percent over the past year. Ben Bajarin, analyst at Creative Strategies, said that the statistic — which Apple has never disclosed before — was ‘much bigger than most people thought.’” – Tim Bradsaw, The Financial Times
“Apple plans to launch iPhones with a more-powerful 3-D camera as soon as next year, stepping up the company’s push into augmented reality, according to people familiar with the plans. The rear-facing, longer-range 3-D camera is designed to scan the environment to create three-dimensional reconstructions of the real world.” – Mark Gurman and Debby Wu, Bloomberg News
Apple CEO Tim Cook “outlined a handful of ways in which Apple plans to play in that space, including the Apple TV device, selling third-party video subscriptions, and original content.” – Alex Weprin, Media Daily News