Thursday, May 17, 2012

By 2015 India would be the largest market for Facebook


According to social media analysts, India is set to overtake the US as the world's largest market for Facebook by number of users as early as 2015.This result has been given by social media analysts, driven by growing internet penetration and high rates of growth in mobile connections.

According to latest data from Facebook's advertising platform, India is third largest market for Facebook with 45 million users, behind Brazil and United States with 47 and 157 million users respectively.

"India could overtake the United States in the next three years. Last year, Facebook users in India doubled. Growth will be driven by mobile internet users in second -and third tier cities," Shalini Verma, Principal Research Analyst at Gartner told CNBC, noting that the US market is saturated in terms of user numbers.


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