Universal McCann has published a new report that suggests that new media is rapidly becoming mainstream media around the world.

The comparative study looks at social media trends through three ‘waves’:

• Wave 1 – September 2006
• Wave 2 – June 2007
• Wave 3 – March 2008

Research highlights:

• Social media is a global phenomenon happening in all markets regardless of wider economic, social and cultural development.
• Asian markets (not including Japan) are leading in terms of participation, creating more content than any other region
• All social media platforms have grown significantly over the three Waves: Video Clips are the quickest growing platform, up from 31% penetration in Wave 1 to 83% in Wave 3
• 57% have joined a Social Network, making it the number one platform for creating and sharing content: 55% of users have uploaded photos, 22% of users have uploaded videos
• The widget economy – 23% of social network users have installed an application – 18% of bloggers have installed applications in their blog templates
• Blogs are a mainstream media world-wide and a collective rival to traditional media (184m bloggers world-wide, China has the largest blogging community in the world with 42m bloggers) – 73% have read a blog, 45% have started a blog
• Social media has strong impacts over brand’s reputation – 34% post opinions about products and brands on their blog – 36% think more positively about companies that have blogs

The report offers additional details on Internet media use:

Video Sharing:

• Brazil leads on 68%, Asian countries dominate (not including Japan)
• Significant variation in involvement (Hungary 16% < Brazil 68%).
• High frequency of involvement: 20% are uploading every day

Watching video clips:

• Growth is universal across all countries (31% to 82% global reach seen in all markets)
• Lowest difference between markets of any social media platform (Range 63% – 99%)
• Very high frequency medium: 71% weekly reach

Downloading podcasts

• Growth massive between Waves 2 and 3 (from 21% to 49% world-wide).
• China is the world’s biggest podcast market (74% use, with an estimated 45m users)
• Actively involved medium: 18% listen and download everyday

Methodology:

Universal McCann Wave 3 survey was conducted on 17,000 internet users in 29 countries and was completed in March 2008.

Source: Universal McCann (pdf)

(Podcasting News Via iTech Savannah)