Saturday, December 22, 2007

Web 2.0 Indian Social Media Networking Updates

Top Social Networking sites with Indian presence:
1. MySpace (US)
2. Orkut ( Mostly in India and Brazil)
3. Facebook (US)
4. Linkedin (Professional Networking)
5. Friendster (US)
6. BigADDA (India)
7. Rediff Connexions
The growing Web2.0 boom and the social media enthusiasts have a lot to tell.Here is a news from Businessweek, which shows why India is at the top of social media marketing and where is the web going next....

For the past year, global networking sites have been growing in popularity among young Indians. According to JuxtConsult, a New Delhi-based online research and advisory company, 44% of Indian online traffic uses the Internet just for social networking. Google's (GOOG) Orkut is the most popular social networking site in India, with a 64% market share. Facebook is also winning many Indian fans, especially students.
India is as hooked on social networking as any other country. Part of the reason is easier broadband connectivity. A 2007 report by the software industry association group Nasscom estimates broadband subscribers—currently 1 million—will hit 20 million in three years. By 2010, the total number of Internet users in India will grow to 100 million, from 40 million now. This will surely enhance virtual hangout plays like the social networking sites.

Read the full story here at Businessweek.

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