The Number of Mobile Social Networking Users Worldwide is Forecast to Reach 4.4 Billion by 2024
Rising Penetration of Mobile Devices Coupled with High Speed Mobile Internet Services Drive the Growth of Mobile Social Networking, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Mobile Social Networking market. The number of mobile social networking users, worldwide, is forecast to reach 4.4 billion by 2024 , driven by the increasing penetration of smartphones and tablets, high-speed broadband, and development of live streaming apps. Mobile Social Networking, an offshoot of the web-based social networking, is defined as social spaces structured to facilitate collaboration, communication, and sharing of similar interests/activities, photos, audios, videos, and information across various networks and contacts using the mobile phone as the platform. The trend of mobile social networking has been fast catching up owing to its benef...