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Social Networks growth to level in five years

by thisjenn Prodigy(October 2007) (rank 42nd)

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Revenue for social networking (SN) services is projected to be US$965 million (S$1415.17 million) this year with 230 million active members, according to Datamonitor's recent study.

Global growth will peak in 2009 and last to 2012 with the US levelling first. To date APAC accounts for 35% memberships.

 
 
 

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Re: Social Networks growth to level in five years

MichaelStreko
3.00 (Average) Vote: OK OK OK OK OK

October 2007

I think in 2009 i am going to launch a social networking site for people who launched social networking sites. I would probably have more users then myspace.
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Re: Social Networks growth to level in five years

WebAdClassified
3.00 (Average) Vote: OK OK OK OK OK

October 2007

And then the consolidation will begin (or have ended)...
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Re: Social Networks growth to level in five years

sanmat
3.00 (Average) Vote: OK OK OK OK OK

October 2007

Its true that the SN users are increasing. Eventhough it wont become a platform.

http://blogkatt.blogspot.com
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Re: Social Networks growth to level in five years

kers
5.00 (Excellent) Vote: WOW! WOW! WOW! WOW! WOW!

October 2007

Interesting with the claim that the trend will end. Some people would argue that 'social networks' just is another phase in the development of the web. That user added content and high interaction levels will be natural part of the most webpages in the future. But again, who knows what the internet and www will be in five years? A lot of things have changed since 2002, back then the majority of the webs pages was still plain static content :)
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Re: Social Networks growth to level in five years

thisjenn
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October 2007

Related article:  www.news.com/Analyst-Social-networking-faces-uncertain-future/2100-1025_3-6214355.html

Social-networking sites will enlist 230 million active members by the end of the year and will keep attracting new users until at least 2009, according to an analyst report. But investors are still wary--and for good reason, as long-term growth is by no means certain.
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