App Annie, a leading app store analytics company, recently presented a report that highlighted the continued rise of social networking as a phenomenon. Just as social media has dominated the web for the last few years, it is now poised to have a significant impact in the mobile space, as the study revealed it to be the 3rd largest category of in terms of monthly app revenues in the iOS store, moving up 9 spots over the past year. This places the category just behind games and productivity apps, an impressive feat considering that it was in the 12th spot only a year ago.