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Second Life growth remains healthy through March

Premium account growth remains good
Meta Linden and Zee Linden have belatedly released the overall monthly metrics and statistics for March 2007. In it, we appear to have a fairly healthy picture of growth. While the growth rate of premium accounts fell slightly (from 15% in February 2007) to 13%, frankly companies in many industries would drool over growth rates like this, especially this far along into Second Life's ... well, life. Most especially since Jeska Linden dropped the surprise in a recently published interview that Linden Lab is now (at last) a profitable business.
Average user age continues to fall. So far this year, the average user age has dropped from 37 to 30. Second Life is finally starting to attract a younger market than us crust old folks, with whom Second Life has been popular for so long. Still, the bulk of the population (73.22%) are 25 years and older, with more than one in ten Second Lifers being 45 years or older.

Total user hours for March are up 27% on February's total, while the total signups increased 24% over the same period. Mainland (Linden owned estates) area increased 13.6%, and private estates increased almost 26%.

Currency trading volume on the currency exchanges rose almost 29%, with the actual US dollar value increase 0.1% higher, showing a slight edge on currency purchase volumes versus currency sales volumes. Supply Linden sold L$223 million in March preventing degenerative valuation shifts (booms) in the Linden Dollar, and maintaining the overall stability of the Linden Dollar economy.

All in all, March 2007 looked like a healthy month for growth - however at this stage, it looks like April may tell a different story, with drops in overall signup rates and active users due to ongoing grid instability.

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