Posted on Wednesday, November 7th, 2007 at 6:44 pm
Virtual communities and online social networking sites are providing a new, powerful and extremely popular medium for human connection. In a new report by market analyst Datamonitor forecasts global active memberships in social networking sites to reach 230 million at the end of 2007. Adoption curves vary dramatically by geographical region, but Datamonitor expects membership growth in all regions to have peaked by 2009 and to have leveled out by 2012.
Datamonitor says infrastructure providers, social network providers and wireless players stand to profit largely in the near term.
