Thursday, August 14, 2008

Social Networking Sees Worldwide Growth

Facebook, MySpace and Friendster are all seeing significant growth in their subscriber base -- just not in the United States. According to a report conducted by comScore, a company that measures online digital growth, world-wide growth of social networks has grown by 25 percent, compared to just nine percent in the United States. The region driving the most growth in adapting social networks like Facebook and MySpace is classified as The Middle East-Africa region. In June 2007, comScore recorded 18,226,000 unique visitors in that region. In June 2008 that number jumped to 30,197,000 unique visitors, a jump of 66 percent from the previous year. While North American social network users may have been early Friendster, MySpace and Facebook adopters, the domestic numbers have leveled off. Compared to the Middle East-Africa region, North American network growth was recorded at nine percent. "While the social networking trend first took off in North America, it is beginning to reach a point of maturity in the region," said Jack Flanagan, comScore executive vice president. "However, the phenomenon is still growing rapidly in other regions around the world -- especially as the established American brands turn their focus to developing markets."...CRN

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