India set for mobile social networking boom
Published on: 6th Oct 2010
Note -- this news article is more than a year old.
The number of mobile social network users in India is expected to reach around 72 million by 2014, driven by the reduced cost of smartphones and the launch of 3G services, which will enhance the consumer experience, according to the latest research from Analysys Mason.
The number of online social network users in India has grown by 43% to approximately 33 million unique users as of July 2010, with India emerging as the seventh largest market globally. This latest data comes from a new report entitled Overview of mobile social networking in India.
According to the report, the increased number of social network users is driving the number of mobile social network users (around 10 million in 2009), representing around 2.2% of the total number of mobile subscribers.
"Innovative data tariff plans (daily, weekly and monthly plans) and the significant reduction in data charges are driving adoption of data-based services such as social networking," says Sourabh Kaushal, Principal Consultant at Analysys Mason and author of the Overview of mobile social networking in India.
Operators and handset manufacturers have started taking several initiatives to address this emerging opportunity. However, both need to expand their addressable base of consumers and focus on service innovation to increase the penetration of social networking in India.
"Operators are launching services such as pay-per-site tariffs and are expected to promote social networking applications to drive adoption of data services among their subscribers," explains Kaushal, who also leads Analysys Mason's India Value-Added Services research programme. "Handset manufacturers have also started to launch mobile handsets specifically designed for social networking in order to increase the value proposition and differentiate their devices."
Young people and young professionals are driving the adoption of mobile social networking in India, accounting for 70% of the total number of users in 2009. In terms of gender, males account for 56% of the total number of mobile social network users in India.