![]() ![]() ![]() ![]() In June 2020 alone, one app in the Apple App Store (LINE) had generated $6.78 million in global app revenues. A social networking/messenger site is an online platform that people use to build social networks or social relations with other people who share similar personal or career interests, activities, backgrounds, or real-life connections. Moreover, the application of social networking platforms witnessed a substantial rise owing to the demand coming from the companies which use the platforms for marketing purposes as well. The rise in demand is not only just from the millennials but has also risen due to significant adoption by all age groups. The social networking platforms market has been increasing at an exponential rate. The global social networking platforms market is evaluated at US$192.950 billion for the year 2019 and is projected to grow at a CAGR of 25.38% to reach a market size of US$939.679 billion by the year 2026. 27, 2021 (GLOBE NEWSWIRE) - The "Social Networking Platforms Market - Forecasts from 2021 to 2026" report has been added to 's offering. ![]()
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