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Global Sextech Market to reach USD 110.26 billion by the end of 2030

Global Sextech Market Size study & Forecast, by Product (Bluetooth-enabled sex toys, VR porn, Sex robots, Sexual wellness platform, Remote sex interfaces), by Distribution Channel (E-commerce, Specialty Stores, D2C) and Regional Analysis, 2023-2030

Product Code: OIRCGS-90715896
Publish Date: 27-06-2023
Page: 200

Global Sextech Market is valued approximately USD 31.40 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 17.00% over the forecast period 2023-2030. The sextech market refers to the industry that encompasses technological products, services, and applications related to human sexuality, intimacy, and sexual wellness. Sextech combines elements of technology, innovation, and sexual well-being to create products that enhance sexual experiences, promote sexual health, and provide tools for education and exploration. The major driving factors for the Global Sextech Market are increasing attention to sexual health and growth of online dating. Moreover, investing in product development and rising initiatives by key market players is creating lucrative growth opportunity for the market over the forecast period 2023-2030.

For instance, the number of Bumble users rose from 855.6 thousand in 2019 to 1,142.1 thousand in 2020. As a result, the pandemic significantly increased the number of users using online dating services all over the world, which further spurred market growth. Additionally, the market share was boosted by the increasing use of apps like Tinder, Bumble, Badoo, and others all over the world. As an illustration, the average number of Tinder subscribers went from 7.9 million in 2018 to 10.4 million in 2020. As a result, the increasing number of members demonstrates the growing popularity of such online dating applications, which also helped to drive the greatest market share. However, the high cost of Sextech stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Sextech Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. In 2022, North America is considered one of the largest markets for sextech products and services. The region has a high level of acceptance and openness towards sexual wellness and adult products. Countries like the United States and Canada have a well-established sextech industry, with a wide range of companies offering innovative products and services. The Asia Pacific region is witnessing growing acceptance and demand for sextech products. Countries like China, Japan, South Korea, and Australia are key players in this market. However, cultural attitudes, legal frameworks, and social norms may vary across different countries, influencing the market landscape and consumer behavior.

Major market player included in this report are:
Vibease Pte. Ltd.
Kiiroo B.V.
Wow Tech Group Ltd.
DS Doll Robotics Co., Ltd.
MysteryVibe Ltd.
Lovense (Hush Technology Limited)
PHE, Inc. (Pipedream Products)

Recent Developments in the Market:
Ø In March 2021, Kiiroo and Hot Octopuss collaborated to develop innovative and interactive sextech products.

Global Sextech Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Product, Distribution Channel, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Bluetooth-enabled sex toys
VR porn
Sex robots
Sexual wellness platform
Remote sex interfaces
By Distribution Channel:
Specialty Stores

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Sextech Market, by Region, 2020-2030 (USD Billion)
1.2.2. Sextech Market, by Product, 2020-2030 (USD Billion)
1.2.3. Sextech Market, by Distribution Channel, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Sextech Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Sextech Market Dynamics
3.1. Sextech Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Increasing attention to sexual health Growth of online dating
3.1.2. Market Challenges High Cost of Sextech
3.1.3. Market Opportunities Investing in product development Rising initiatives by key market players
Chapter 4. Global Sextech Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Sextech Market, by Product
5.1. Market Snapshot
5.2. Global Sextech Market by Product, Performance – Potential Analysis
5.3. Global Sextech Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
5.4. Sextech Market, Sub Segment Analysis
5.4.1. Bluetooth-enabled sex toys
5.4.2. VR porn
5.4.3. Sex robots
5.4.4. Sexual wellness platform
5.4.5. Remote sex interfaces
Chapter 6. Global Sextech Market, by Distribution Channel
6.1. Market Snapshot
6.2. Global Sextech Market by Distribution Channel, Performance – Potential Analysis
6.3. Global Sextech Market Estimates & Forecasts by Distribution Channel 2020-2030 (USD Billion)
6.4. Sextech Market, Sub Segment Analysis
6.4.1. E-commerce
6.4.2. Specialty Stores
6.4.3. D2C
Chapter 7. Global Sextech Market, Regional Analysis
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Sextech Market, Regional Market Snapshot
7.4. North America Sextech Market
7.4.1. U.S. Sextech Market Product breakdown estimates & forecasts, 2020-2030 Distribution Channel breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Sextech Market
7.5. Europe Sextech Market Snapshot
7.5.1. U.K. Sextech Market
7.5.2. Germany Sextech Market
7.5.3. France Sextech Market
7.5.4. Spain Sextech Market
7.5.5. Italy Sextech Market
7.5.6. Rest of Europe Sextech Market
7.6. Asia-Pacific Sextech Market Snapshot
7.6.1. China Sextech Market
7.6.2. India Sextech Market
7.6.3. Japan Sextech Market
7.6.4. Australia Sextech Market
7.6.5. South Korea Sextech Market
7.6.6. Rest of Asia Pacific Sextech Market
7.7. Latin America Sextech Market Snapshot
7.7.1. Brazil Sextech Market
7.7.2. Mexico Sextech Market
7.8. Middle East & Africa Sextech Market
7.8.1. Saudi Arabia Sextech Market
7.8.2. South Africa Sextech Market
7.8.3. Rest of Middle East & Africa Sextech Market

Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Company 1
8.1.2. Company 2
8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Vibease Pte. Ltd Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.3.2. Kiiroo B.V.
8.3.3. Wow Tech Group Ltd.
8.3.4. DS Doll Robotics Co., Ltd.
8.3.6. LELO Inc.
8.3.7. MysteryVibe Ltd.
8.3.8. Lovense (Hush Technology Limited)
8.3.9. PHE, Inc. (Pipedream Products)
8.3.10. MYHIXEL SL
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

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Data Collection:
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To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
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To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
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The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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