Market research company comScore has stated in its latest report that Facebook is now drawing twice the web traffic compared to MySpace.

MySpace is considered to be the dominatant player in the social networking market online.

However, Facebook has been pretty steadily catching up.

The report claimed that Facebook drew more than 200 million unique visitors in the month of December.

In comparison, MySpace just managed to get around 100 million unique visitors.

MySpace however dominates the segment in the US market but the growth is negligible. Facebook is fast cathing up with MySpace in this market as well.