South Korea leads the world in the popularity of social networking, with 55% of adult Internet users having visited at least one site, according to Ipsos Insight. Three out of every 10 Koreans belong to Cyworld, which markets itself as the Ultimate Place for Trusted Friendships and Creative Self-Expression. Ipsos found 27% of adults in urban China had visited social network sites, compared with 24% in the US, 16% in India and 9% in Japan. Another research firm, eMarketer, estimates that companies will spend $900 million in the US — and $330 million outside the US — on social network advertising this year. By 2011, it predicts those revenues will reach $2.5 billion in the US and $1.1 billion in the rest of the world. It expects lead players MySpace and Facebook will continue their strong performance but will face competition from hundreds of new social networking sites. eMarketer senior analyst Debra Aho Williamson says 2007 will determine whether a global social network strategy will make sense or whether home-grown sites will win out.
Ad – Before Content
Related Articles
Sphere Abacus, Sky, SRF and ARD Degeto Board International Emmy-Winning Silver Reel’s New Series “THE DEATH OF SHERLOCK HOLMES”
- Magna Systems Builds the Future Broadcast Stack at BroadcastAsia 2026
OLYMPUS DIGITAL CAMERA
Silver Trak Digital demonstrates next gen Media Room Suite solutions at Broadcast Asia 2026
- All3Media International steps into Dirty Business
Unit Still os The Syndicate (Isle of Shite) by Rob Baker Ashton
SAG-AFTRA Foundation Shorts Showcase Relaunches with Grand Prizes for Excellence in Creativity & Performance
Entertainment Without Borders: GMA Network Charts Partnership for Global Maritime Distribution of International Channels









