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The Compete Blog recently published a post regarding the top social network properties on the web comparing February 2008 vs. February 2007. Some interesting findings that were of note included MySpace decreasing in visits by 1% from last year while Fubar saw a growth of over 3 million percent! Twitter and Ning also grew over 4000% percent while Social Network heavyweight Facebook saw a 77% growth in visitors from last year.
While fairly flat trend lines in MySpace traffic may provide an indication of the market reaching its peak, the rapid growth of some very new players in the space speaks to the opportunities in social networking that still exist… but only time will tell if Zuckerburg makes Forbe’s list next year
Below is a chart showing a year over year visitor comparison from the top 20 social networks:
Over 3 million % increase in growth? Got to love that.