Saturday, June 21, 2014

Social Networks Growing but Slowing

About one in seven people around the globe use a social networking site at least once a month, and that number is expected to grow significantly over the next several years.

Yet it is significant to note that while the number of social network users is growing, that growth rate is slowing. For instance, 2012 showed a year-over-year growth rate of 17.6%, but this year's growth slipped to 14.2%. And by 2017, the growth rate is expected to slide to show 7.6%.