Social media developments are fascinating and exciting and there is currently a lot of movement in this sector. While Facebook has managed to capture the largest share of the market in recent years, the industry is not sitting still and new social networks are again emerging that aim to improve upon the originals models. In addition, online gaming, particularly games based on virtual simulations are increasingly becoming linked in with social networking services. The following report includes recent industry insights and information on the social media and online gaming sectors. The report includes selected information on the leading trends in this sector. The report is designed to provide current observations which may assist investors, analysts and industry participants in making investment and business decisions.