In 2020, there were 44.2 million users of online dating services in the United States alone. It is also set to increase to 53.3 million by the year 2025. This is all according to the research conducted by Statista. Online dating has become one of the most popular ways to meet a significant other. And the industry is exploding. In...
Since the start of the pandemic, most people worldwide were forced to stay home to halt the spread of the virus. Most service-oriented, customer-facing industries suffered tremendously due to their brick-and-mortar businesses being shut down. One of the few industries that fared better was online media and entertainment services. One particular sector, online porn, experienced a dramatic surge in the...
Since the outbreak of COVID-19, many people found themselves stuck at home, with little to no personal contact with others. With their only companions being the Internet and their smartphone, customers have helped the adult industry explode as it joined forces with modern-day technology to fulfill customers’ needs. Today, the adult industry continues to be highly profitable, with some researchers...
Are you an adult entertainment merchant in need of a payment gateway solution? Chances are, you have tried to acquire a traditional merchant account through a bank or other payment provider and have failed. There are several reasons for that. First of all, the adult industry is considered a high-risk industry. The adult entertainment industry is filled with fraud, chargebacks,...
The Internet has made access to adult entertainment easier than ever. According to the findings made by Transparency Market Research, the global market value is expected to reach $300 billion by the year 2030. With new technologies being introduced into the adult market, such as virtual reality, there is a great potential for these types of innovations to become the...
According to Statista.com, it is predicted that by the year 2024, there will be almost 280 million customers using online dating platforms. The “global revenue” of matchmaking dating services is forecasted to reach well over $2.5 billion, also by the year 2024. Allied Market Research cites that this growing trend in the last twenty years is a result of the...
The adult entertainment industry has been growing considerably. Based on the findings of IBISWorld.com, in 2022, the market size of the Adult and Pornographic website industry was worth $856.2 million. It is also expected to grow by 6.5% in the same year. The biggest opportunity for this industry is “mobile consumption.” As internet penetration continues to soar worldwide, more consumers...
With the adult industry moving operations to the online space, merchant accounts are an essential component to generating revenue. However, adult merchants are categorized as high-risk by traditional institutions due to the higher incidents of chargebacks and fraud. As high-risk merchants, they are not able to secure a standard or traditional merchant account as these institutions do not want to...
According to IBIS World, the market size for Adult and Pornographic websites in the US is expected to hit $856.2 million in 2022. The expected growth rate for these websites are predicted to increase by 6.5% in 2022. The market size has grown by 10.5% every year between 2017 and 2022. Clearly, the adult industry continues to make great strides,...
According to IBIS World, the market size of the Adult and Pornographic website industry in the US was worth $803.6 million as of 2021. It is expected to grow by 3.7% this year, increasing faster than the technology sector. The market has grown on average 12.7% per year from 2016 to 2021. Unsurprisingly, given the growth of mCommerce, the mobile...
