International market for social networks remains wide open

With social networks like Myspace and Facebook coming under the umbrella of global corporates like Newscorp and Microsoft, respectively, you may be thinking that it’s game over. The following stats from Jeff Pulver show just how wrong that assumption would be.

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I’ve highlighted the US and Australia to show that they are relatively saturated, but just take a look at the countries with a really high number of people – China and India. Facebook is a mere blip on their radar screens.

Besides what this highlights in terms of international growth opportunities for the incumbents, there is still a lot of potential for new arrivals to grab market share globally.

In addition, with mobile phones globally standing at around 3 to 1 computer – the opportunities within the mobile social networking arena are wide open.

I am currently scouting for entrepreneurially minded mobile developers who are keen to play in this space. Ping me on Facebook.

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