India leads worldwide social networking growth

by CXOtoday News Desk    Nov 21, 2013

social media

Even though the overall growth in the number of social network users around the world may have slowed a bit, the developed countries continue to grow at a rapid pace. According to eMarketer’s latest forecast of internet, broadband and social network users worldwide, the fastest growth in social network usage is happening in less-developed markets.

Within this region, India, with the highest growth this year, will increase user numbers by 37.4%, while Indonesia’s numbers will climb 28.7% and Mexico will grow its social network user base by 21.1%.

All three of those countries are also high-growth areas for Facebook, the world’s largest social network, which eMarketer estimates will reach a worldwide monthly user base of 1.026 billion this year.

However, the US still remains the single country with the greatest number of Facebook users, at 146.8 million this year, while India comes in a distant second. But with India’s large population and high expected growth rate, eMarketer believes it will develop the largest Facebook population of any country in the world by 2016.

Since Facebook is banned in China, eMarketer assumes there are no users of the social network in the country.

This year, eMarketer estimates, 1.61 billion people will log in to social networking sites at least monthly, from any electronic device. That’s a 14.2% gain on social networker numbers from 2012, and double-digit growth is expected to continue for another year. By 2017, 2.33 billion people will use social networks.

Currently, the highest penetration of social network users as a share of total population occurs in the Netherlands, where 63.5% of all residents are social network users; Norway follows just behind at 63.3%. Majorities of residents in Sweden, South Korea, Denmark, the US, Finland, Canada and the UK also use social networking sites monthly.

eMarketer’s forecasts are based on a multipronged approach that focuses on both worldwide and local trends in the economy, technology and population along with company, product, country and demographic-specific trends as well as trends in specific consumer behaviors.