Synopsis
Social media developments are fascinating and exciting and have become an important part of Internet media development. Facebook remains the global social media leader and has expanded its offerings to much more than just social communication. However while Facebook has managed to capture the largest share of the market in recent years, the industry is not sitting still and new social networks are again emerging that aim to improve upon the originals models (ie. Google+). In addition, online gaming, particularly social gaming, are becoming increasingly popular. Facebook is well positioned in this area too, offering popular games such as Zynga’s Farmville. Cloud-gaming is also emerging with the launch of BT’s OnLive service.
The following report includes recent industry insights and information on the social media and online gaming sectors. The report includes selected information on the leading trends in this sector. The report is designed to provide current observations which may assist investors, analysts and industry participants in making investment and business decisions.
Latest developments:
Google trials latest social media service Google+; NewsCorp sells of MySpace; Social media and gaming converge; cloud-gaming a hot trend.
Companies mentioned in this report:
Google; Facebook; MySpace; Twitter; LinkedIn; Wikimedia; Zynga.
