How Much Does It Cost to Build a Dating App Like Bumble?
We live in a world where we look for love through smartphone apps. And, really,
why not? When mobile applications can help us with anything – from hailing a
taxi to managing our mood swings - why couldn't we rely on them to find us the
love of our lives? We can, after all! And it's all owing to dating apps like
Bumble, which are where the real magic happens. People nowadays don't have the
time to physically look for someone who would fit in nicely with their
lifestyles because of their hectic modern lives. As a result, many gravitate to
online dating, put dating apps such as Bumble on a straight path to increasing
sales and profitability. Given the growing potential of online dating
applications, many businesses are eager to invest in dating app development.
This site is for you if you are one of them! We will discuss everything
connected to Bumble Like App Development here in order to find out how much it
costs to design a dating app similar to Bumble. So, let's get this party
started.
What is Bumble and why is it so popular?
Bumble is presently one of the most popular dating applications on the market.
This app is exclusively available for mobile phones and allows individuals to
easily find other people for dating, networking, and friendship.
Bumble's popularity is based on the app's unique feature, which empowers women by allowing them to make the first move. Bumble has made women more comfortable with its platform with this feature, and it has also shown to be advantageous for men who do not always want to be in the "driver's seat."
Bumble also facilitates same-sex partnerships because this restriction does not apply when you match with someone of the same gender and anybody can make the initial move. Because of Bumble's distinctiveness, it has become the most popular dating app among young people aged 18 to 29.
In Bumble, you may swipe a profile left if you're not interested in it, or right if you believe it would be a good match for you. When a match is formed, women have 24 hours to make the first move. This functionality simplifies and expedites the joining procedure. When compared to other dating apps like Tinder, Bumble has far less reports of abuse and harassment. Bumble is also performing incredibly well in this area, with only 0.005 percent of reports. That is its secret recipe for success.
Bumble entered the market after Tinder, which was already a well-known dating app. However, it created a name for itself with its brilliant strategies and solid platform.
As a result, if you intend to launch a dating app in the market, do not believe that the market is empty and waiting for you. Giants have already purchased it. But it doesn't imply your app isn't welcome. When Bumble can find a place in a market currently dominated by Tinder, your app can, too!
All you need is a strong application and some unique features that the established players do not have. There is always room for fresh ideas and market participation! Let's take a closer look at why it's a smart idea to create a dating app like Bumble.
Why Is Creating a Dating App Like Bumble Beneficial?
Whitney Wolfe, the CEO of Bumble, who was fired from Tinder, altered the online dating culture with its app's unique features and referred to it as a "movement." Every day, more people are turning to the internet to locate a life companion. Modern dating applications are transforming the way individuals connect with one another, reinventing the dating market.
According to Statista, the online dating segment revenue is forecast to reach US$1,754 million in 2020, with an annual growth rate (CAGR 2020-2024) of 9.3 percent, resulting in a projected market volume of US$2,505 million by 2024.
By examining the graph above, it is clear that if you want a piece of this lucrative industry, now is the time to launch a dating app. Let's look at some additional eye-catching figures that back up this claim .
- Bumble's yearly revenue run rate is $200 million.
- The number of online dating users is predicted to reach 276.9 million by 2024.
- When it comes to dating sites, over six out of ten online daters (57 percent) claim they have had a great overall experience.
We can tell that this sector is on the rise. This is due to the simplicity with which dating apps allow users to form connections while on the road. In their busy life, it is much simpler if they can connect with someone who shares their interests or lives nearby, and dating apps allow them to do exactly that!
Dating apps have become the next big thing in the market, with features such as matching algorithms, location monitoring, safe conversation choices, and so on. As a result, it is clear that investing in a dating app like Bumble is a successful business move that, if done well, cannot fail.
Let's take a look at the must-have features of a dating app like Bumble to determine the cost of dating app development.
6 Must-Have Features for Creating a Dating App Like Bumble
Although anybody interested in building a dating app similar to Bumble should strive for distinctiveness. However, there are several crucial aspects that should be included in your dating application in order to meet market expectations. Let's have a look at these aspects -
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