U.S. virtual goods revenue on Facebook to grow 32 percent to $1.65B in 2012

U.S. virtual goods revenue on Facebook is expected to grow 32 percent in 2012 to $1.65 billion, according to a new report by Inside Network.

That growth rate is lower than the 40 percent growth for 2011, as the market analyst firm predicts that revenue this year is growing from $800 million in to 2010 to $1.25 billion by the end of 2011.

U.S. virtual goods revenue on Facebook to grow 32 percent to $1.65B in 2012