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The report projects the industry to add about a hundred companies per year over the next four years.
This past year also marked the emergence of some dangerous online dating trends that may prevent you from finding love in 2015 if you are not careful.
Growth: Six per cent per year for online dating and related services in Canada since 2010, according to research firm IBISWorld.
Mobile: Sixty per cent of online daters in the United States were using only mobile devices as of July 2014, up 25 per cent from the year before according to research firm Com Score.
Analysts expect the acceleration to continue over the next five years.
Target marketing, changing demographics, and decreasing stigma about online dating are continually bringing new users to fore.according to a report last fall from business research firm IBISWorld.The Passion Network, for example, is a small empire of 250 dating hubs like bronypassions.com, for fans of the My Little Pony TV series; for mustache mavens; and even zombiepassions.com, for those obsessed with the walking dead.