online dating is worth more than one billion dollars per year, with the mobile phone dating market worth $550 million
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This market is a now a $2.1 billion business in the U.S., with online dating services soaring in popularity since 2001 and representing 53% of the market's value.
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expected to grow only 7.5% this year as the U.S. market becomes saturated with 1,500+ sites and free dating sites and competition from popular social networking sites attracts cost-conscious singles
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Europe is the next untapped market.
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