GITNUX MARKETDATA REPORT 2024

Sex Tech Industry Statistics

The sex tech industry is projected to reach a market value of $122 billion by 2026, growing at a CAGR of 18.3% from 2021 to 2026.

In this post, we will explore the thriving sex tech industry with a focus on the latest statistics and trends shaping the market. From the staggering annual worth of $30 billion to the increasing adoption of sex tech products by women, the industry is experiencing rapid growth and evolution. Stay tuned as we delve into the fascinating data and insights driving this booming sector.

Statistic 1

"The sex technology industry is estimated to be worth a staggering $30 billion a year."

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Statistic 2

"65% of women in the U.S. own a sex tech product, according to a study conducted by TENGA."

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Statistic 3

"In 2017, the global sex tech industry was valued at $20 billion."

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Statistic 4

"Global interest in virtual reality (VR) porn increased 50% during the Covid-19 lockdown period."

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Statistic 5

"According to Future of Sex’s fifth Sex Tech Hackathon, 40% of the 2018 participants were women."

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Statistic 6

"It is projected that by 2020, 80% of all adult content will be consumed through an augmented and VR setup."

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Statistic 7

"The first annual "Big Brother Awards" named Google's Android sex toy, "the Internet of Dongs" as the biggest threat to privacy in 2016."

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Statistic 8

"In a 2018 study, Bryony Cole found that 16% of people polled said they had shared an intimate image."

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Statistic 9

"According to a study by TENGA, 33% of adult males reported owning a sex toy."

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Statistic 10

"A survey by Match found that 39% of singles use sextech while having sex."

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Statistic 11

"In 2020, the sextech industry saw an average 30% boost in sales."

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Statistic 12

"From a study by FutureOfSex, younger generations are 30% more likely to adopt sextech."

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Statistic 13

"Sweden has the highest ownership rate for sex toys in the world at 52%."

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Statistic 14

"According to Euromonitor, Latin America has the fastest-growing market for sex toys."

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Statistic 15

"Approximately 20% of sex toy users say they get more pleasure from their devices than from their human sex partners."

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Statistic 16

"Teledildonics patents numbered 27 in the year 1991 alone suggesting a rise in the sextech industry."

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The statistics presented highlight the rapid growth and widespread adoption of sex technology products and services. With the industry estimated to be worth billions of dollars annually and a significant percentage of women and men owning sex tech products, it is clear that there is a strong demand for innovative solutions in this sector. The data also shed light on the evolving landscape of intimacy and privacy concerns in the digital age, as well as the increasing integration of virtual and augmented reality technologies. As younger generations embrace sextech at a higher rate and global markets experience surges in sales, it is evident that the industry will continue to expand and evolve in the years to come.

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