With the market full of such solutions, it might seem like a waste of time to build a dating app. Such competitors like Tinder make the market even more challenging. Still, if you have a good dating app concept and are wondering how to make a dating app, the idea is worth pursuing.
Analytics give positive predictions for the market due to the outbreak of COVID-19. Social distancing and the inability of in-personal meetings will drive the demand in online dating solutions.
WHY BUILD A DATING APP IN 2020
Aside from asking how to create a dating app, you are probably interested in knowing whether it’s worth building a dating app.
Today, there are over 32.2 million people who use online dating services in the USA alone, which is almost 10% of the whole population. In the years to follow and up to 2024, the market will show a distinct growth and will reach 35.4 million users. Statista proves once more that building a dating app today is a very profitable business:
· the revenue in online dating segment is estimated at $4,754 million in 2020
· the number of users in the online dating industry is expected to reach 276.9 million by 2024
· 43% of dating applications users are aged between 25–34 years
If you are still not sure what to do, remember the success of such applications as Tinder, Badoo, Match.com, and many others.
Today, Tinder is the most popular dating application in the world with over 57 million users around the world. The company is estimated at $10 billion, which is an unprecedented amount for the industry of solutions for online dating.
TECHNOLOGY STACK TO CREATE A DATING APP
If you want to know how to create a dating app for iOS or Android from a technical point of view, take a look at the following table showcasing all the technologies coming into the development process.
If you want to know how to make a dating app that will provide users with a seamless experience, keep in mind the following two approaches:
· Don’t use a free dating app template. Even though its use might seem like a more cost-efficient option, in the end you will get an application that won’t be able to meet customer expectations.
· Native app development as compared to hybrid app development has a lot of benefits. Therefore, it is recommended to create a native app for iOS and Android to avoid problems with app performance and user experience.
HOW MUCH DOES IT COST TO CREATE A DATING APP?
You are probably interested in how much does it cost to build an app like dating app today. The final cost depends on a number of features, supported platforms, and integrations.
Usually, the cost to develop an app with the simplest set of features can start at $15,000. However, more realistic prices start at $50,000 for a single app version (iOS and Android). The price includes the development of a single application with a back-end and basic admin panel. If you will want to go out and implement some advanced features that require a lot of custom coding, the price for a single version can reach $100,000 and go beyond.
Please remember that the location to which you outsource the development of an application for dating app development is the main price differentiating factor. In Europe, an average hourly development rate is $50 while the hourly rate for the USA is around $100-$150.
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