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The field is already crowded, with almost 3,900 companies running dating sites, according to a report last fall from business research firm IBISWorld.The report projects the industry to add about a hundred companies per year over the next four years.Digital technology and smartphones in particular have transformed many aspects of our society, including how people seek out and establish romantic relationships.Few Americans had online dating experience when Pew Research Center first polled on the activity in 2005, but today 15% of U. adults report they have used online dating sites or mobile dating apps.Once a profile has been created, members can view the profiles of other members of the service, using the visible profile information to decide whether or not to initiate contact.

The share of 18- to 24-year-olds who use online dating has roughly tripled from 10% in 2013 to 27% today.

Slater shares three secrets of the industry (full disclosure: Slater met his wife at a yoga class)." data-reactid="17"Match, e Harmony and Plenty of Fish are the largest online dating sites in North America, but there are more than 1,400 sites devoted to cyber matchmaking.

Most people think the billion online dating industry started connecting wannabe lovers only 15 years ago but Dan Slater, author of several books including “A Million First Dates,” says that’s just one myth of online dating.

– 30 million, or 1/3 of all American singles, to be exact – will go online to find that special someone.

Related: Impress Your Date with These Surprising Valentine's Day Facts" data-reactid="16"Related: Impress Your Date with These Surprising Valentine's Day Facts A Million First Dates,” says that’s just one myth of online dating.