
A social networking service is a web-based service created for people, enabling them to share social relationships and special-interest networking with other people. The global social networking platforms market is expected to grow at a CAGR of 25.38% during the forecast period, reaching $939.68 billion by 2026, Research and Markets reports.
Furthermore, the number of social network users is projected to increase to 4.41 billion by 2025, driven by the increasing penetration of electronic devices and rising data consumption. Consequently, this trend implies obvious benefits for key players in the industry