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Facebook: A giant of social networking sites

We are more connected and updated over the social networking with our family and friend. The virtual world is full of social networking sites and we are feeding these websites every day with our daily information. Facebook is one of the top social networking site in the world with 2234 million active users until the second quarter of 2018.

Sources: Sources: We Are Social; Kepios; SimilarWeb; TechCrunch; Apptopia; Fortune

Facebook launched in the year 2004, now it is a 14 years old social networking platform. In all these years, it has gained 2234 million users. In the recent decade (2010 to July 2018), Facebook has added 1626 million fresh users. A large number of users made it the top website among the all social networking sites.

 

Source: Facebook

 

Facebook has the responsibility to protect the personalized information of users and keeping the credibility of the platform. A large number of available information on this website attract hackers to breach the information.
At the end of September 2018, Facebook engineers discovered a breach in the website. Around 50 million Facebook user’s account compromised by the attack that gave accesses to hackers to take over user’s account.

 

Source: Facebook

Annual growth of Facebook users depicted in the above figure, it shows that on an average Facebook adding more than 200 million users every year.  In the years 2013-14, Facebook was the low performer in term of adding new users. However, in the last two years (2016-17) it performed quite well in adding new users.