Does blogging and social networking have a good future in the coming days?

I am myself a proffessional blogger. As the human mind always oscillates like a pendulum I started to think as to what is the future that exists for bloggers like me.While I was searching the web I came across a study conducted by The Nielsen Company. According to the study

• Social networks and blogs have moved ahead of personal e-mails among the most popular onlina activities.
• Time spent on blogs and social networking sites is growing 3 times faster than the overall internet rate.
• More than 2/3rd of the world's online population visit the social networking and blogging sites.
• The social networkivg and blogging communities are growing twice as fast as compared to other online leading sectors like search, portals, PC software and e-mails.
• The penetration into sociad networking ans blogging sites was highest in Brazil where 80% of the online visited such sites. Spain stands at the 2nd place with 75% audience andUS at the 3rd place with 67% audience.
• Mobile acess to social networking and blogging sites are also on the increase with 10.6 million people in the US such sites through their handsets, an increase of 156% as compared to last year.

With the drastic increase in online audience, for proffessional bloggers sky is the limit. So why not we satisfy the appetite of the online audience and enjoy blogging.