Skip to main content

Social Networking Market for Mobile Users


Social networking activity is growing among mobile Internet users around the world. As one of the primary ways mobile users communicate with one another, it is proving a significant driver of Internet usage on wireless communication devices.

eMarketer predicts that the number of mobile users accessing social networks from their mobile devices will reach 607.5 million worldwide by 2013 -- representing 43 percent of global mobile Internet users. In the U.S. market, mobile social net users will total 56.2 million by 2013 -- accounting for 45 percent of the mobile Internet user population.

"Combining two much-hyped, but still-emerging channels -- mobile Internet access services and social networks -- results in a developing opportunity for marketers," said Noah Elkin, eMarketer senior analyst.

The big three social network destinations of Facebook, MySpace and Twitter dominate the U.S. mobile space, as they do the desktop PC world.

Location-based networks have not yet reached critical mass, but are worth monitoring as they work to link people, places and interests. In addition, location-based services can also be used in other contexts to help marketers target social network users with relevant information and offers.

But, the combination of two emerging channels means that estimating the market for mobile social advertising and marketing is premature, despite the apparent promise of targeting this user base.

Marketers are preparing to incorporate both environments into their marketing mix. But since both channels are still evolving, combining mobile and social nets together puts many marketers into a gray area from both a budgetary and oversight perspective, and investments remain small and experimental.

Popular posts from this blog

Banking as a Service Gains New Momentum

The BaaS model has been adopted across a wide range of industries due to its ability to streamline financial processes for non-banks and foster innovation. BaaS has several industry-specific use cases, where it creates new revenue streams. Banking as a Service (BaaS) is rapidly emerging as a growth market, allowing non-bank businesses to integrate banking services into their core products and online platforms. As defined by Juniper Research, BaaS is "the delivery and integration of digital banking services by licensed banks, directly into the products of non-banking businesses, commonly through the use of APIs." BaaS Market Development The core idea is that licensed banks can rent out their regulated financial infrastructure through Application Programming Interfaces (APIs) to third-party Fintechs and other interested companies. This enables those organizations to offer banking capabilities like payment processing, account management, and debit or credit card issuance without