Market leader Facebook was the first social network to surpass one billion registered accounts and currently sits at more than three billion monthly active users. Meta Platforms owns four of the biggest social media platforms, all with more than one billion monthly active users each: Facebook (core platform), WhatsApp, Facebook Messenger, and Instagram. In the third quarter of 2023, Facebook reported around four billion monthly core Family product users. The United States and China account for the most high-profile social platforms Most top ranked social networks with more than 100 million users originated in the United States, but services like Chinese social networks WeChat, QQ or video sharing app Douyin have also garnered mainstream appeal in their respective regions due to local context and content. Douyin’s popularity has led to the platform releasing an international version of its network: a little app called TikTok. How many people use social media? The leading social networks are usually available in multiple languages and enable users to connect with friends or people across geographical, political, or economic borders. In 2025, social networking sites are estimated to reach 5.42 billion users and these figures are still expected to grow as mobile device usage and mobile social networks increasingly gain traction in previously underserved markets.

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Social Networking Market Size 2025-2029

The social networking market size is forecast to increase by USD 312.3 billion, at a CAGR of 21.6% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing internet penetration and the rising popularity of social media advertisements. The expanding digital landscape provides ample opportunities for businesses to reach their audiences more effectively, resulting in a surge in social media advertising spending. However, this market growth is not without challenges. Privacy concerns continue to pose a significant obstacle, as users become increasingly wary of sharing personal information online. Companies must navigate these concerns by implementing robust data protection measures and transparent privacy policies to maintain user trust and ensure regulatory compliance.
In summary, the market presents both opportunities and challenges, with the potential for substantial growth through targeted advertising, while requiring careful attention to privacy concerns to maintain user trust and regulatory compliance. Companies seeking to capitalize on these opportunities must stay abreast of market trends and adapt to evolving user expectations to remain competitive.

What will be the Size of the Social Networking Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report. Request Free Sample

The social media market continues to evolve, with dynamic shifts shaping its landscape. Social media bidding and software solutions enable businesses to effectively target their audiences, while social media monitoring tools help in maintaining brand reputation. Social media analytics provides valuable insights into consumer behavior, informing data-driven strategies. Instagram, Facebook, YouTube, TikTok, and other platforms offer unique opportunities for marketing, each with distinct audience demographics and engagement patterns. Social media ROI is a critical metric, with continuous optimization essential for maximizing returns. Community management and social media attribution play crucial roles in fostering engagement and understanding the impact of social media efforts.

Social media trends, such as automation and influencer marketing, are shaping the future of digital marketing. Social media security and privacy remain significant concerns, with ongoing developments in governance and ethics shaping the regulatory landscape. Twitter, LinkedIn, Pinterest, and other platforms offer various marketing opportunities, with Snapchat and others catering to younger demographics. Social media campaigns require strategic planning and execution, with social media metrics providing valuable feedback for continuous improvement. Social media compliance and regulation are essential for maintaining trust and adhering to legal requirements. Social media listening and integration offer opportunities for real-time customer feedback and competitive analysis.

Social media retargeting and measurement tools enable businesses to reach potential customers and assess the success of their efforts. APIs and data provide the foundation for advanced social media strategies, with targeting and optimization essential for maximizing impact. The social media market is a constantly evolving landscape, with ongoing trends and developments shaping its future.

How is this Social Networking Industry segmented?

The social networking industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Advertising
  In-app purchase
  Paid apps


Distribution Channel

  Google
  Apple
  App Store Distribution


Service

  Communication
  Entertainment
  Socialization
  Marketing
  Customer service


Platform

  Website-based
  Mobile apps
  Hybrid platforms


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    Spain
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW) 

By Type Insights

The advertising segment is estimated to witness significant growth during the forecast period.

In the dynamic world of digital marketing, social media has emerged as a powerful tool for businesses to engage with their audience, build brand awareness, and drive sales. The market encompasses various entities, including social media marketing, security, analytics, community management, attribution, trends, automation, engagement, content, metrics, campaigns, influencer marketing, law, governance, ethics, strategy, management, hashtags, optimization, bidding, software, monitoring, reputa

Despite a tumultuous 2018, Facebook is still the top social network in the United States, with 169.76 million mobile users accessing the Facebook app in September 2019. The company’s other properties Instagram and Facebook Messenger ranked second and third with 121 and 106 million users respectively. Cambridge Analytica scandal 2018 The biggest social media company in the world had a difficult 2018. The platform has long been accused of enabling the spread of fake news during the 2016 election and beyond. One of the first and biggest negative Facebook stories of 2018 was the Cambridge Analytica scandal, which unfolded from March 2018. The Guardian, The Observer, and The New York Times simultaneously reported on political data firm Cambridge Analytica harvesting data of millions of Facebook users worldwide without their knowledge before the 2016 election, which led to Facebook CEO Mark Zuckerberg having to testify before Congress in April 2018. Facebook usage behavior changes Due to the revelations about Facebook and the company’s treatment of private user data, many U.S. users are planning to use the social network much less and to be much more careful about what they post . During an April 2018 survey, only 20 percent of respondents stated that their Facebook usage has not changed, and they were planning on continuing to use the social platform as much as they always had in the past.

Dataset

This dataset was created by soroush khandouzi

Contents

A survey conducted in Japan during fiscal year 2023 showed that the messaging app LINE was used by almost 95 percent of the respondents. While globally leading networks such as Instagram, X, and Facebook do get their fair share of popularity within the Japanese social media market, the only platform able to compete with LINE in terms of penetration rates is YouTube, which was used by almost 88 percent of the respondents. What makes LINE so popular?The success story of the messaging service LINE started back in 2011 during the Great East Japan Earthquake. While conventional communication channels in affected areas had broken down to a large degree due to damages brought about by the earthquake and the subsequent tsunami, official sources as well as private individuals turned to online options for communicating news and confirming the safety of friends and family members. The LINE app, which was initially developed for communication between employees at NHN Japan, a Japanese subsidiary of the South Korean internet powerhouse Naver, was released for public use later that year. It appealed greatly to Japanese consumers due to its unique and customizable design, which allowed for both private and business usage. Today, the app is operated by LY Corporation, which is part of a joint venture between SoftBank Group and Naver.How do Japanese use social networks?As a comparison of social network penetration rates of different countries shows, a vast majority of people in Japan use social networks. People in Japan on average spend several dozen minutes per weekday on social media, making social media one of the most time-consuming online activities. According to a survey, the leading reasons for using social media are communicating with already existing acquaintances as well as searching for information.

Social Media Platforms Market Outlook

The global social media platforms market size was valued at approximately USD 180 billion in 2023 and is projected to reach around USD 400 billion by 2032, exhibiting a robust CAGR of 9.1% over the forecast period. This impressive growth is primarily driven by the increasing penetration of smartphones, the expansion of internet connectivity, and the rising demand for digital advertising.

Several key factors are driving the growth of the social media platforms market. First and foremost, the increasing availability and affordability of smartphones and internet services globally have significantly expanded the user base of social media platforms. With the proliferation of affordable smartphones and widespread network coverage, even users in developing regions are now able to access social media, contributing to the market's expansion. Furthermore, mobile internet speeds have improved significantly, enabling richer media experiences on social platforms, which in turn attract more users and advertisers.

Another critical growth factor is the rising importance of digital marketing and advertising. Businesses of all sizes are leveraging social media platforms to reach their target audiences more effectively and efficiently. Given the advanced targeting capabilities and analytics offered by these platforms, advertisers can optimize their campaigns for better performance, thus funneling a significant portion of their advertising budgets to social media. Additionally, the integration of e-commerce features within social media platforms has created new revenue streams and engagement opportunities, further propelling market growth.

Content creation and user engagement are also key drivers in the social media platforms market. User-generated content (UGC) plays a vital role in keeping platforms vibrant and engaging. Social media platforms provide various tools and features, such as live streaming, stories, and reels, which encourage users to create and share content. This not only enhances user engagement but also attracts more users to join the platforms. Influencer marketing is another growing trend, where influencers with large followings collaborate with brands to promote products and services, thereby driving sales and brand awareness.

From a regional perspective, North America and Asia Pacific are the dominant players in the social media platforms market. North America, with mature markets in the U.S. and Canada, has a high penetration rate of social media usage and significant digital advertising expenditure. Conversely, the Asia Pacific region is witnessing rapid growth due to its large population, increasing internet penetration, and the rising popularity of regional social media platforms. Europe, Latin America, and the Middle East & Africa also present substantial growth opportunities due to expanding internet access and increasing smartphone adoption.

Platform Type Analysis

The social media platforms market can be segmented by platform type into social networking, media sharing, blogging & microblogging, discussion forums, and others. Social networking platforms, such as Facebook, LinkedIn, and Twitter, are among the most popular and widely used types. These platforms enable users to create profiles, connect with friends and colleagues, and share various forms of content. Social networking platforms are particularly popular due to their diverse feature sets, including messaging, multimedia sharing, and online communities, which cater to a broad range of user needs.

Media sharing platforms like YouTube, Instagram, and TikTok focus primarily on the sharing of videos and images. These platforms have gained massive popularity, especially among younger demographics, due to their focus on visual content and ease of use. The rise of short-form video content has been a significant trend, with platforms like TikTok leading the way. Media sharing platforms attract a large number of content creators and influencers, who generate engaging content that drives user engagement and retention.

Blogging and microblogging platforms, such as WordPress and Tumblr, provide users with a space to share their thoughts, ideas, and opinions through longer-form text content. Microblogging platforms like Twitter allow for shorter, more frequent updates, which can be particularly effective for real-time communication and news

How many people use social media? Social media usage is one of the most popular online activities. In 2024, over five billion people were using social media worldwide, a number projected to increase to over six billion in 2028.

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 59 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 151 minutes per day on social media and messaging apps, an increase of 40 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 one billion registered accounts and currently boasts approximately 2.9 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.

Threads was downloaded more than 12 million times in Japan in 2024, making it the leading social network app in terms of downloads during that year. It was followed by Instagram, X (formerly known as Twitter), and BeReal.

Facial expression has been proposed as a key mechanism in forming and maintaining social relationships. Here we show that facial expressivity predicts popularity during initial social group formation. We measured the facial behaviour of strangers during naturalistic online social interactions in small groups (N = 256; in 72 groups) and calculated social network indices based on relative liking. More expressive individuals were more popular and perceived as warmer and more cooperative. In contrast, attractiveness did not leverage a social advantage. We suggest that facial expressivity is perceived as an honest indicator of potential cooperation and therefore favoured in group settings where cooperation is important to offset potential competition. Our findings show that facial expression serves an important role in determining popularity in social group settings.

Snapchat now boasts over 319 million daily active users. That means it’s one of the most engaging platforms. Snapchat currently has a total user base of 800 million.

This dataset contains 1934 videos posted between February 2, 2022 and February 16, 2022. For every video it records the amount of views every 5 minutes.

† Variables are normalized by Z-score.*** p < 0.001For efficiency, the regression is based on a random sample of 10% of the users (N = 2,171,624).

In March 2025, Facebook accounted for 56 percent of all social media site visits in the United States, confirming its position as the leading social media website by far. Other social media platforms, despite their popularity, had to make do with smaller shares of visits across desktop, mobile, and tablet devices combined. Pinterest ranked second with 16.73 percent of all U.S. social media site visits, while X (previously Twitter) accounted for 11.73 percent of the total visits in the country. Additionally, the U.S. is home to the third largest social media audience worldwide. Facebook: mobile vs desktop usage At the beginning of 2022, around 81 percent of Facebook users across the globe were using the platform’s social networking services exclusively via mobile phone, while only 1.5 percent reported using their desktop or laptop devices. In September 2022, three Facebook Inc. products occupied some of the leading positions as most downloaded social networking apps on the Apple App Store in the United States. WhatsApp’s messaging platform ranked second with more than 1.9 million downloads, while Facebook and the instant-messaging service Messenger followed ranking third and fifth with 1,3 million and 1.03 million downloads respectively. Social media evolution Between 2012 and 2024, the daily time spent on social networks worldwide experienced an almost constant increase, with users reaching an average of 151 minutes per day in 2023, with a decrease to 143 daily minutes of engagement in 2024. However, users’ favorite platforms have changed since 2019, and the power balance appears to be shifting further from Facebook’s market dominance. Not only Facebook’s user growth rate is estimated to slow down in the next years, but users belonging to Generation Z appear to prefer video-first social platforms like Snapchat, TikTok, and YouTube.

As of March 2024, Meta's Facebook was the most popular social media platform in Denmark, with 81 percent of social network users in the country using the service. Instagram and YouTube ranked second, with almost six in ten users in Denmark accessing these online platforms. Snapchat was also relatively popular, with 39 percent of respondents stating that they used the app.

WhatsApp was the leading actively used messenger service in Germany in 2021. Almost 84 percent of users confirmed this. While WhatsApp is foremost a messaging service, certain features indicate similarities with social media networks, as sharing and posting between users still occurs, just not necessarily on a publicly accessible website. Delivering the message For most of the population, modern life is unimaginable without messenger apps. Texting has become much more varied as a form of communication thanks to extended file and content sharing options within messages. There is no doubt that WhatsApp is a popular messaging app in Germany. In 2023, almost 85 percent of people were messaging on WhatsApp every day. By 2025, it is estimated that over 53 million people will be using WhatsApp in Germany, suggesting it's popularity as a messaging app will not diminish with time. Personal data While Facebook is extremely popular in many different countries, long-term questions and concerns from users continue to arise, with personal data security being one of the leading topics of discussion. In general, the there have been many breaches of personal data online. At the same time, social media continues to enjoy rising popularity and use among the German population, both in a private and professional context.

In January 2025, Facebook engulfed over **** percent of all social media site visits in Portugal, followed by Instagram, with a **** percent share of visits. Pinterest followed, with a share of almost ***** percent, and X, previously known as Twitter, presented a market share of *** percent.

As of September 2023, YouTube as the most popular social media platform for global users, with 97 percent of respondents reporting to use the popular video platform. YouTube was also the most popular social media among Gen Z users, with 96 percent of respondents in this age group reporting to have used the video platform as of the examined period. Facebook's usage kept steady among among the general digital population, with around eight in 10 reporting to have used the platform. In comparison, the social media's popularity was in free fall among gen Z users with only four in 10 among those surveyed reporting to engage with the Meta-powered platform.

As of March 2024, Meta's Facebook was the most popular social media platform in Norway, with 85 percent of social network users in the country using the service. Overall, Instagram and Snapchat were used by 71 percent and 68 percent of the online population, respectively. YouTube was also popular, with 59 percent of respondents stating that they used the service. Moreover, seven percent of internet users in Norway were using mobile-first photo platform BeReal.

In 2024, Facebook was the most popular app on Android, registering more than 913 million downloads worldwide. Instagram ranked second with approximately 710 million downloads. TikTok followed with around 549 million downloads globally during the same examined period.

A survey conducted in 2024 in the United States shows what are the most popular social media channels used by business-to-business buyers (B2B). YouTube appears as number one at 17 percent, followed by Facebook with 16 percent and Instagram at 14. The least popular social media channel among the buyers is WeChat, at around one percent.