100+ datasets found
  1. Facebook: number of daily active users worldwide 2011-2023

    • statista.com
    • tokrwards.com
    • +4more
    Updated May 22, 2024
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    Statista (2024). Facebook: number of daily active users worldwide 2011-2023 [Dataset]. https://www.statista.com/statistics/346167/facebook-global-dau/
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    Dataset updated
    May 22, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Worldwide
    Description

    During the fourth quarter of 2023, the number of daily active users on Facebook reached 2.1 billion, a minor increase on the previous quarter. When compared with the number of daily active users in the final quarter of 2022, the platform has gained around 100 million users. Facebook’s penetration rate for the United States in 2023 was 72.13 percent, up from 71.43 percent in 2022. The social network’s audience reach is projected to stand at 75.79 percent by 2027.

    Most popular social media websites

    As of May 2021, Facebook was the most used social media site in the United States, accounting for 71.8 percent of all social media visits. Ranking in second place was Pinterest with 12.4 percent, followed by Twitter and Instagram, with 9.15 percent and 3.82 percent, respectively. Although other sites remain popular, Facebook’s number of visits made it undoubtably the leading social media platform in terms of social media site visits.

    For Generation Z and Millennials in the United States, Facebook was one of the least popular platforms used to connect with others. Gen Z and Millennials preferred video sharing platforms, specifically Snapchat, TikTok and YouTube.

    Meta’s revenue

    Facebook Inc was renamed as Meta in 2021, in a strategic step toward the metaverse. Meta Platforms is now the parent company of Facebook, Instagram, Facebook Messenger and WhatsApp amongst others, together being known as Meta’s Family of Apps.

    Meta’s annual revenue for 2021 was 117.92 billion U.S. dollars, up from 85.97 billion in 2020. Within a decade, the company has increased its annual revenue by approximately 114 billion U.S. dollars. In the most recent fiscal year, Meta’s Family of Apps were responsible for over 115 billion U.S. dollars’ worth of Meta’s revenue.

  2. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023...

    • tokrwards.com
    • statista.com
    Updated Nov 22, 2024
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    Stacy Jo Dixon (2024). Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023 [Dataset]. https://tokrwards.com/?_=%2Ftopics%2F7455%2Ffacebook-in-spain%2F%23D%2FIbH0Phabzc8oKQxRXLgxTyDkFTtCs%3D
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    Dataset updated
    Nov 22, 2024
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Stacy Jo Dixon
    Description

    With roughly three billion monthly active users as of the second quarter of 2023, Facebook is the most used online social network worldwide. The platform surpassed two billion active users in the second quarter of 2017, taking just over 13 years to reach this milestone. In comparison, Meta-owned Instagram took 11.2 years, and Google’s YouTube took just over 14 years to achieve this landmark. As of January 2022, Facebook’s leading audience base was in India, with almost 330 million users whilst the United States ranked second with an approximate total of 179 million users. The platform also finds remarkable popularity in Indonesia and Brazil. Social Media usage in the United States In January 2021, Facebook was the platform on which users in the United States spent the most time per day. The average time spent on Facebook was 33 minutes, followed by TikTok with 32 minutes and Twitter with 31 daily minutes. Due to the COVID-19 outbreak in 2020, all major social media platforms saw an increase in daily usage, which then either plateaued or decreased in 2021. At the end of 2021, over a quarter of all Facebook users in the United States belonged to the 25 to 34 year age group and 18.2 percent of users were in the 35 to 44 year age group. In general, Facebook users were more likely to be female. Meta Platforms Meta is Facebook’s recently renamed parent company and had a grand total of 3.59 billion core product users by the final quarter of 2021. Other Meta products include Instagram, Facebook Messenger, WhatsApp and Oculus – Meta’s virtual reality subsidiary which produces VR headsets. In 2021, Meta's revenue amounted to 117 billion US dollars, up from around 86 billion U.S. dollars in the previous financial year.

  3. Countries with the most Facebook users 2025

    • statista.com
    • thefarmdosupply.com
    • +2more
    Updated Jun 19, 2025
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    Statista (2025). Countries with the most Facebook users 2025 [Dataset]. https://www.statista.com/statistics/268136/top-15-countries-based-on-number-of-facebook-users/
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    Dataset updated
    Jun 19, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Feb 2025
    Area covered
    Worldwide
    Description

    Which county has the most Facebook users? There are more than 383 million Facebook users in India alone, making it the leading country in terms of Facebook audience size. To put this into context, if India’s Facebook audience were a country, then it would be ranked third in terms of largest population worldwide. Apart from India, there are several other markets with more than 100 million Facebook users each: The United States, Indonesia, and Brazil with 196.9 million, 122.3 million, and 111.65 million Facebook users respectively. Facebook – the most used social media Meta, the company that was previously called Facebook, owns four of the most popular social media platforms worldwide, WhatsApp, Facebook Messenger, Facebook, and Instagram. As of the third quarter of 2021, there were around 3.5 billion cumulative monthly users of the company’s products worldwide. With around 2.9 billion monthly active users, Facebook is the most popular social media worldwide. With an audience of this scale, it is no surprise that the vast majority of Facebook’s revenue is generated through advertising. Facebook usage by device As of July 2021, it was found that 98.5 percent of active users accessed their Facebook account from mobile devices. In fact, almost 81.8 percent of Facebook audiences worldwide access the platform only via mobile phone. Facebook is not only available through mobile browser as the company has published several mobile apps for users to access their products and services. As of the third quarter 2021, the four core Meta products were leading the ranking of most downloaded mobile apps worldwide, with WhatsApp amassing approximately six billion downloads.

  4. Daily active Facebook users APAC Q1 2015-Q4 2023

    • statista.com
    • tokrwards.com
    Updated Mar 11, 2025
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    Statista (2025). Daily active Facebook users APAC Q1 2015-Q4 2023 [Dataset]. https://www.statista.com/statistics/652182/facebook-asia-pacific-dau-by-quarter/
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    Dataset updated
    Mar 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    APAC, Asia
    Description

    In the fourth quarter of 2023, Facebook had 914 million daily active users throughout the Asia-Pacific region. This was the highest number of quarterly daily active users Facebook had in the Asia-Pacific region to date; certainly a significant increase from 2015, by the end of which there were 309 million daily active Facebook users in the Asia-Pacific region.

  5. b

    Facebook Revenue and Usage Statistics (2025)

    • businessofapps.com
    Updated Aug 8, 2017
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    Business of Apps (2017). Facebook Revenue and Usage Statistics (2025) [Dataset]. https://www.businessofapps.com/data/facebook-statistics/
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    Dataset updated
    Aug 8, 2017
    Dataset authored and provided by
    Business of Apps
    License

    Attribution-NonCommercial-NoDerivs 4.0 (CC BY-NC-ND 4.0)https://creativecommons.org/licenses/by-nc-nd/4.0/
    License information was derived automatically

    Description

    Facebook probably needs no introduction; nonetheless, here is a quick history of the company. The world’s biggest and most-famous social network was launched by Mark Zuckerberg while he was a...

  6. Facebook: daily active users in Spain by operative system 2020-2021

    • tokrwards.com
    • statista.com
    Updated Jul 8, 2025
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    Statista (2025). Facebook: daily active users in Spain by operative system 2020-2021 [Dataset]. https://tokrwards.com/?_=%2Fstatistics%2F1211717%2Ffacebook-daily-active-users-in-spain-by-operative-system%2F%23D%2FIbH0PhabzN99vNwgDeng71Gw4euCn%2B
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    Dataset updated
    Jul 8, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2020 - Jan 2021
    Area covered
    Spain
    Description

    According to the information provided by Airnow, as of January 2021 the number of daily active users (DAU) of the social media Facebook via Android devices in Spain was over *** million users. In contrast users of the social media app in iPhone devices* was over ******* users.

  7. Facebook: monthly active users in Europe 2012-2023

    • statista.com
    • tokrwards.com
    Updated Apr 26, 2024
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    Statista (2024). Facebook: monthly active users in Europe 2012-2023 [Dataset]. https://www.statista.com/statistics/745400/facebook-europe-mau-by-quarter/
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    Dataset updated
    Apr 26, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Europe
    Description

    In the fourth quarter of 2023, Meta's Facebook had 408 million monthly active users (MAUs) in Europe. During the same quarter of 2022, the platform amassed around 407 million MAUs in Europe.

    Monthly active users worldwide

    In the fourth quarter of 2008 Facebook provided a service for just 100 million active users. Thirteen years on, as of the second quarter of 2021 that number had risen to an astounding 2.89 billion MAUs. The number of MAUs has never taken a backward step during the examined period.

     Growth outside of Europe and North America 

    Facebook continues to focus on regions outside of Europe and North America, and the reward of this effort can be seen in areas such as the Asia Pacific region, where the company has seen significant gains in terms of growing the active user base. Facebook reached over 788 million daily active users (DAU) in the second quarter of 2021.

  8. n

    Facebook users in United States of America

    • napoleoncat.com
    png
    Updated Apr 15, 2025
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    NapoleonCat (2025). Facebook users in United States of America [Dataset]. https://napoleoncat.com/stats/facebook-users-in-united_states_of_america/2025/04
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    pngAvailable download formats
    Dataset updated
    Apr 15, 2025
    Dataset authored and provided by
    NapoleonCat
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Apr 2025
    Area covered
    United States
    Description

    There were 277 009 800 Facebook users in United States of America in April 2025, which accounted for 80.3% of its entire population. The majority of them were women - 53.8%. People aged 25 to 34 were the largest user group (69 000 000). The highest difference between men and women occurs within people aged 65 and above, where women lead by 14 000 000.

  9. Facebook users in the United States 2019-2028

    • statista.com
    Updated Jul 9, 2025
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    Statista (2025). Facebook users in the United States 2019-2028 [Dataset]. https://www.statista.com/forecasts/1136345/facebook-users-in-the-united-states
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    Dataset updated
    Jul 9, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    The number of Facebook users in the United States was forecast to continuously increase between 2024 and 2028 by in total **** million users (+**** percent). After the ninth consecutive increasing year, the Facebook user base is estimated to reach ***** million users and therefore a new peak in 2028. Notably, the number of Facebook users of was continuously increasing over the past years.User figures, shown here regarding the platform facebook, have been estimated by taking into account company filings or press material, secondary research, app downloads and traffic data. They refer to the average monthly active users over the period and count multiple accounts by persons only once.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to *** countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).

  10. e

    Statistical dataset on active Facebook users living outside of their country...

    • b2find.eudat.eu
    Updated Jul 11, 2024
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    (2024). Statistical dataset on active Facebook users living outside of their country of origin in the European Union - Dataset - B2FIND [Dataset]. https://b2find.eudat.eu/dataset/a35c3e77-2759-5c23-9e90-f8712b03ab56
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    Dataset updated
    Jul 11, 2024
    Area covered
    Europe, European Union
    Description

    This statistical dataset contains estimates on the number of active online Facebook users living outside of their country of origin within the European Union. The dataset includes information on Facebook users' age, gender, country of residence, and country of previous residence. The data is divided in the number of Monthly Active Users and Daily Active Users. The data was collected through standard CSV format via an advertising API platform by using an R Studio code, and the data collection was conducted twice a month from January to November 2021. The dataset was originally published in DiVA and moved to SND in 2024. Detta statistiska dataset innehåller uppskattningar av antalet aktiva Facebook-användare online som bor utanför sitt ursprungsland inom Europeiska unionen. Se engelsk beskrivning för mer information. Datasetet har ursprungligen publicerats i DiVA och flyttades över till SND 2024.

  11. Meta: monthly active product family users 2023

    • tokrwards.com
    • statista.com
    Updated Apr 26, 2024
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    Statista (2024). Meta: monthly active product family users 2023 [Dataset]. https://tokrwards.com/?_=%2Fstatistics%2F947869%2Ffacebook-product-mau%2F%23D%2FIbH0PhabzN99vNwgDeng71Gw4euCn%2B
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    Dataset updated
    Apr 26, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    World
    Description

    During the fourth quarter of 2023, Meta stated that 3.98 billion people were using at least one of the company's core products (Facebook, WhatsApp, Instagram, or Messenger) each month. This was a slight increase of monthly active users (MAU) when compared to the previous quarter. Daily active users (DAU) of Meta's core products also saw year-over-year increases.

  12. Active Facebook users India 2020, by city tier

    • tokrwards.com
    • statista.com
    Updated Jul 7, 2025
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    Statista (2025). Active Facebook users India 2020, by city tier [Dataset]. https://tokrwards.com/?_=%2Fstatistics%2F1241329%2Findia-active-facebook-users-by-city-tier%2F%23D%2FIbH0PhabzN99vNwgDeng71Gw4euCn%2B
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    Dataset updated
    Jul 7, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Oct 2020 - Nov 2020
    Area covered
    India
    Description

    According to a survey conducted on social media usage across India in October and November 2020, tier 1cities had the highest share of active Facebook users, while tier 3 reported the lowest share. The average across tier 1, 2 and 3 cities was ** percent during the survey period. According to the source, active users referred to respondents who spent at least half an hour daily on the social media platform.

  13. Facebook: quarterly DAU in Europe 2012-2023

    • statista.com
    Updated Apr 26, 2024
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    Statista (2024). Facebook: quarterly DAU in Europe 2012-2023 [Dataset]. https://www.statista.com/statistics/745383/facebook-europe-dau-by-quarter/
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    Dataset updated
    Apr 26, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Europe
    Description

    In the fourth quarter of 2023, about 308 million people in Europe used Meta's Facebook on a daily basis, up slightly from the previous quarter, yet with a year-over-year increase of around four million users. Overall, the number of DAU in Europe has remained relatively stable since the beginning of 2020.

  14. s

    Truth Social Market Statistics

    • searchlogistics.com
    Updated Apr 24, 2023
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    (2023). Truth Social Market Statistics [Dataset]. https://www.searchlogistics.com/learn/statistics/truth-social-statistics/
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    Dataset updated
    Apr 24, 2023
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    You might be surprised how much Truth Social is worth based on its small number of users.

  15. s

    Key Truth Social Statistics

    • searchlogistics.com
    Updated Apr 24, 2023
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    (2023). Key Truth Social Statistics [Dataset]. https://www.searchlogistics.com/learn/statistics/truth-social-statistics/
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    Dataset updated
    Apr 24, 2023
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    During the beginning of the launch, they had some pretty fast growth. Here are the key Truth Social statistics you need to know.

  16. Social media audiences in the Netherlands 2023, by platform

    • tokrwards.com
    • statista.com
    Updated Oct 2, 2025
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    Stacy Jo Dixon (2025). Social media audiences in the Netherlands 2023, by platform [Dataset]. https://tokrwards.com/?_=%2Fstudy%2F40710%2Finfluencer-marketing-in-the-netherlands-statista-dossier%2F%23D%2FIbH0Phabze5YKQxRXLgxTyDkFTtCs%3D
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    Dataset updated
    Oct 2, 2025
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Stacy Jo Dixon
    Area covered
    Netherlands
    Description

    WhatsApp and Facebook were the most used social media in the Netherlands, both having the highest overall number of users but also seeing much daily use. WhatsApp had over 13 million Dutch users, whereas Facebook had around 10 million users. The daily active users (DAU) of social media in the Netherlands like WhatsApp, Facebook, YouTube, Instagram and Snapchat increased in recent years. As of 2023, roughly 4.7 million individuals in the Netherlands used Instagram every day. Most popular social media among Millennials in the Netherlands WhatsApp and Facebook ranked as the most popular apps for 22-to-36-year-olds. 90 percent of the Millennials said they used the messaging app, whereas the social network reached a usage rate of 79 percent. Instagram and Snapchat, however, were more popular among respondents aged 15-19 years old. Is social media use expected to increase or decrease? Estimates from Statista’s Digital Market Outlook indicate that social media use in the Netherlands is believed to increase until 2024. The social media user penetration was projected roughly 70 percent that year, compared to 61 percent in 2018.

  17. m

    Social Media User Statistics and Facts

    • market.biz
    Updated Aug 8, 2025
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    Market.biz (2025). Social Media User Statistics and Facts [Dataset]. https://market.biz/social-media-user-statistics/
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    Dataset updated
    Aug 8, 2025
    Dataset provided by
    Market.biz
    License

    https://market.biz/privacy-policyhttps://market.biz/privacy-policy

    Time period covered
    2022 - 2032
    Area covered
    ASIA, North America, Europe, Africa, South America, Australia
    Description

    Introduction

    Social Media User Statistics: As of January 2025, it is projected that approximately 5.24 billion individuals globally are engaged on social media platforms, which accounts for 63.9% of the total world population. This indicates an annual increase of 206 million users, connecting to a growth rate of 4.1%. On average, users engage with 6.8 different social platforms each month and spend roughly 2 hours and 21 minutes per day on these platforms.

    Mobile devices account for 98% of the time allocated to social media, highlighting the dominance of mobile access. Facebook continues to lead with over 3 billion monthly active users, followed by YouTube with around 2.5 billion users. Instagram and WhatsApp each boast approximately 2 billion users, while TikTok has surpassed 1.5 billion users.

  18. Number of global social network users 2019-2029

    • tokrwards.com
    • statista.com
    • +2more
    Updated Jul 16, 2025
    + more versions
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    Statista (2025). Number of global social network users 2019-2029 [Dataset]. https://tokrwards.com/?_=%2Fstatistics%2F278414%2Fnumber-of-worldwide-social-network-users%2F%23D%2FIbH0PhabzN99vNwgDeng71Gw4euCn%2B
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    Dataset updated
    Jul 16, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    World
    Description

    How many people use social media? Social media usage is one of the most popular online activities. In 2024, over **** ******* people were using social media worldwide, a number projected to increase to over *** billion in 2029. Who uses social media? Social networking is one of the most popular digital activities worldwide and it is no surprise that social networking penetration across all regions is constantly increasing. As of January 2023, the global social media usage rate stood at ** percent. This figure is anticipated to grow as lesser developed digital markets catch up with other regions when it comes to infrastructure development and the availability of cheap mobile devices. In fact, most of social media’s global growth is driven by the increasing usage of mobile devices. Mobile-first market Eastern Asia topped the global ranking of mobile social networking penetration, followed by established digital powerhouses such as the Americas and Northern Europe. How much time do people spend on social media? Social media is an integral part of daily internet usage. On average, internet users spend *** minutes per day on social media and messaging apps, an increase of ** minutes since 2015. On average, internet users in Latin America had the highest average time spent per day on social media. What are the most popular social media platforms? Market leader Facebook was the first social network to surpass *** billion registered accounts and currently boasts approximately *** billion monthly active users, making it the most popular social network worldwide. In June 2023, the top social media apps in the Apple App Store included mobile messaging apps WhatsApp and Telegram Messenger, as well as the ever-popular app version of Facebook.

  19. Instagram, Snapchat, and TikTok: number of users in the United States...

    • tokrwards.com
    • statista.com
    Updated Jun 26, 2025
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    Statista (2025). Instagram, Snapchat, and TikTok: number of users in the United States 2020-2023 [Dataset]. https://tokrwards.com/?_=%2Fstatistics%2F293771%2Fnumber-of-us-instagram-users%2F%23D%2FIbH0PhabzN99vNwgDeng71Gw4euCn%2B
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    Dataset updated
    Jun 26, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    May 2021
    Area covered
    United States
    Description

    How many active users are on Instagram? In 2023, the photo sharing site is projected to reach ***** million monthly active users in the United States, up from ***** million users in 2020. Social network reach The internet has brought about many changes in how people around the world communicate, especially through one of its most powerful inventions: social media. According to a recent study, internet users worldwide spend an average of over *********** per day on one of the many social media platforms. Such websites and apps are increasingly used not just for social sharing, but also as means to building reputation, finding career opportunities or monetary income. As of January 2021, an estimated ** percent of the world’s population was using social networking, with West and Northern Europe having the highest penetration rate – ** percent of the respective region's populations. Eastern Asia placed first in a global ranking of mobile social media penetration according to geographical region. Industry leaders Facebook is by far the most popular social network with over *** billion global monthly active users but Instagram, the mobile photo and video-sharing application launched in 2010, is quickly growing in popularity. Instagram was bought by Facebook back in 2012. As of June 2018, there are an estimated *********** Instagram monthly active users worldwide. There are an estimated *********** Instagram users in the United States alone, a number which is forecast to grow to over *** million in 2023. According to the company, the secret to their success is their unique visual storytelling approach to social media. Users registered with the platform can upload pictures and videos, to which they can also apply filters, frames and other effects. They can also attach captions, tags of other people/accounts, whether friends, celebrities or companies and hashtags, which make the media easy to find if one is looking for specific subjects. There are a reported ** million photos uploaded to Instagram every day.

  20. Facebook: monthly active users in North America 2010-2023

    • statista.com
    • tokrwards.com
    Updated Apr 26, 2024
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    Statista (2024). Facebook: monthly active users in North America 2010-2023 [Dataset]. https://www.statista.com/statistics/247614/number-of-monthly-active-facebook-users-worldwide/
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    Dataset updated
    Apr 26, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    North America, United States
    Description

    As of the fourth quarter of 2023, Facebook had a combined 272 million monthly active users (MAU) in the United States and Canada, up by one million users when compared to the previous quarter.

    Facebook user data – additional information

    Facebook’s data use policy or privacy policy as it is also known, highlights the company’s guidelines concerning user privacy, information and how they are likely to be used. It also highlights the difference between public and private data and the websites and third part apps which are integrated into its services.

    Federal agencies and governments have the right to request user data from Facebook. This issue was highlighted in late 2014, when Facebook came under attack from the British press for not releasing relevant information on the men responsible for the supposed pre planned murder on the British soldier Lee Rigby. In the second half of 2020, the number of user data requests issued to Facebook from the United States amounted to 61,262. This figure was higher than any other country, and India ranked second with 40,300 data requests.

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Statista (2024). Facebook: number of daily active users worldwide 2011-2023 [Dataset]. https://www.statista.com/statistics/346167/facebook-global-dau/
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Facebook: number of daily active users worldwide 2011-2023

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237 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
May 22, 2024
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
Worldwide
Description

During the fourth quarter of 2023, the number of daily active users on Facebook reached 2.1 billion, a minor increase on the previous quarter. When compared with the number of daily active users in the final quarter of 2022, the platform has gained around 100 million users. Facebook’s penetration rate for the United States in 2023 was 72.13 percent, up from 71.43 percent in 2022. The social network’s audience reach is projected to stand at 75.79 percent by 2027.

Most popular social media websites

As of May 2021, Facebook was the most used social media site in the United States, accounting for 71.8 percent of all social media visits. Ranking in second place was Pinterest with 12.4 percent, followed by Twitter and Instagram, with 9.15 percent and 3.82 percent, respectively. Although other sites remain popular, Facebook’s number of visits made it undoubtably the leading social media platform in terms of social media site visits.

For Generation Z and Millennials in the United States, Facebook was one of the least popular platforms used to connect with others. Gen Z and Millennials preferred video sharing platforms, specifically Snapchat, TikTok and YouTube.

Meta’s revenue

Facebook Inc was renamed as Meta in 2021, in a strategic step toward the metaverse. Meta Platforms is now the parent company of Facebook, Instagram, Facebook Messenger and WhatsApp amongst others, together being known as Meta’s Family of Apps.

Meta’s annual revenue for 2021 was 117.92 billion U.S. dollars, up from 85.97 billion in 2020. Within a decade, the company has increased its annual revenue by approximately 114 billion U.S. dollars. In the most recent fiscal year, Meta’s Family of Apps were responsible for over 115 billion U.S. dollars’ worth of Meta’s revenue.

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