News From Telecom World

Mobile social network users will reach the mark of 730million by 2013

Posted on: September 18, 2008

According to a report, Ad-funded social networking will contribute the bulk of mobile user-generated content revenues by 2013. The report further reveals that the total value of the UGC market will grow from nearly $1.1 billion in 2007 to $7.3 billion in 2013.

The number of active mobile social network users will rise to 730 million from 54 million in 2008, with the Far East and China leading the charge. By 2013, the personal content delivery services will account for more than 9 billion downloads, with 32 percent of them ad-supported. The data costs must be reduced outside of bundles to stoke casual use of mobile social networking and dating services.

Source: Wireless Federation

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