We have seen the rise of titans: Facebook, LinkedIn, Twitter and more. Social media is here to stay and will grow even stronger. It is expected that social media could add $1.3 trillion to the economy.
The true power of social media comes from the people that share within the network. Crowdsourcing, tweeting, media readers, and others can be all lumped into this category.
Social media continues to evolve as many important changes taking places in how people interact on Facebook, Google Plus and other social networking sites.
Have a look at this infographic to know how it influences life offline, how it helps business and which social media companies are ahead in the race.
Source: Social Learning Blog