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Monday, 13 June 2011 08:13

Facebook growth slows down

Written by


Everyone is on it already
With more than 687 million users, Facebook is the undisputed social networking champion of the world, but it appears that it is slowly running out of steam.

For the second month in a row the number of new Facebook users has declined, indicating that growth is slowing down. Last year Facebook averaged more than 20 million new users a month, but in April and May 2011 the numbers dropped to 13.9 million and 11.8 million respectively.

However, with such high adoption rates, this comes as no surprise. There is a finite number of potential users and most people who wanted to sign up have already done so. Uncontacted  tribes in Papua New Guinea and Amazonia can hardly be expected to join Facebook anytime soon, but the number of users in developed nations also appears to be sliding.

For example, nearly six million Americans opted out of the social network, along with 1.5 million Canadians. The trend might have something to do with privacy concerns, or the fact that people are simply getting fed up with the fad.

More here.
Last modified on Monday, 13 June 2011 08:19

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Comments  

 
+17 #1 Jigar 2011-06-13 08:31
Every product has a saturation period and then it sees decline in growth. Just like Myspace, facebook is bound to see that decline.
 
 
+3 #2 Jurassic1024 2011-06-13 08:33
Quoting Jigar:
Every product has a saturation period and then it sees decline in growth. Just like Myspace, facebook is bound to see that decline.



Facebook and Twitter killed MySpace.
 
 
+9 #3 milkod2001 2011-06-13 08:45
Quoting Jurassic1024:
Quoting Jigar:
Every product has a saturation period and then it sees decline in growth. Just like Myspace, facebook is bound to see that decline.



Facebook and Twitter killed MySpace.
and there always be something new, better what will kill Facebook eventually,I will not be surprised if within 3 years Facebook be part of history only=gone
 
 
+9 #4 onlymeworldcom 2011-06-13 09:14
According to Alexa, onlymeworld the new alternative to facebook saw a 1800% increase in membership and traffic, of which 43% of that traffic was from the united states.

Recently, Facebook claimed that it received no complaints from it's members about their Facial Recognition Software, and Privacy Concerns. Sorry to say, but if losing 6 million members last month in the USA is not enough proof of how disgusted people are with facebook, then I don't know what is?


Read more: http://news.cnet.com/8618-1023_3-20070739.html?communityId=2108&targetCommunityId=2108&blogId=93&messageId=10891130&tag=mncol;tback#ixzz1P8m8TSKq
 
 
0 #5 STRESS 2011-06-13 12:31
Well people should have realized that a social network company that is run by one of the most unsocial people that should tell you how much you can trust it. But people seem to be too dump adding 1 and 1 together.
 
 
+2 #6 Reavenk 2011-06-13 15:25
Not too much of a problem, they hit critical mass a long time ago anyways. They just have to make sure to not turn stagnant.
 
 
-2 #7 Bl0bb3r 2011-06-13 18:40
Seeing the past failures, sure Facebook will slow down the growth unless they extend membership to pets and aliens. The thing is that FB is done well in terms of social interaction, a bit complicated but well enough compared to MySpace or Hi5. Just taking a look at the tagging system, on hi5 people were looking weird at it, didn't knew how to use it or used it to annoy others, but on FB they got the idea of what to do with it and its limitations were set properly. Ever seen a crowd of people and the kids tagging like there's no tomorrow just for fun?... Or a heard of sheep, just for fun as well. FB works.
 
 
-3 #8 NickThePrick 2011-06-13 22:31
I think Facebook is here to stay though, at least for a while. A lot of people who are 40+ years old use it and they tend to stick to their habits.
 

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