Social media platforms are integral to people's lives, offering ways to communicate, create and view content and share information. According to Ofcom, approximately 89% of UK internet users in 2023 used social media apps or sites. Teenagers and young adults are the biggest users, although there is rapid uptake among older age groups. Advertising is the primary revenue source for social media platforms, although subscription-based services are gaining momentum as platforms seek to diversify their incomes. TikTok is the success story of the last few years, becoming the most downloaded app between 2020 and 2022, according to Apptopia. The short-form video platform reported that it averaged revenue growth of over 450% between 2019 and 2022. After Musk's takeover, X, formerly known as Twitter, adjusted its content moderation and allowed previously banned accounts to return. As a result, over 600 advertisers have pulled their ads from the site because of fears their brand may be associated with malcontent. In response to falling ad revenue, X has introduced a subscription-based service which enables users to verify themselves and boosts the number of people who view their tweets. Meta-owned Facebook and Instagram have responded by introducing a similar service. Revenue is expected to grow by 14.3% in 2024-25, constrained by a slowdown in user growth for most major social media platforms. Over the five years through 2024-25, revenue is forecast to expand at a compound annual rate of 32.8% to reach £9.8 billion. Looking forward, regulations relating to how data is collected, stored, and shared will force advertisers and platforms to rethink how they can target their desired demographics. The rising prominence of AI will require the introduction of adequate regulations. The Online Safety Bill sets out new guidelines for social media platforms to abide by, with hefty fines in store for those who do not. Operating costs will swell as platforms look to meet consumers’ expectations, weighing on profit. Over the five years through 2029-30, social media platforms' revenue is projected to climb at an estimated 9.4% to reach £15.4 billion.

During a 2024 survey among marketers worldwide, approximately ** percent said Facebook was the most important social media platform. Instagram and LinkedIn followed, respectively mentioned by ** and ** percent of respondents. Why marketers use social media as a branding channel According to the same study, the leading benefits of social media marketing were increased exposure and traffic. In other words, mastering a brand's presence on such platforms can make a company's products and services known across multiple demographics as well as generate traffic for its online sales. Marketers' favorite social media platforms That survey also revealed that business-to-consumer (B2C) and business-to-business (B2B) marketers' top social media can vary. While B2C professionals bet on Facebook and its still massive usage rate, B2B strategists focus on LinkedIn, where companies can see and be seen. However, the social media video platforms in which marketers wanted to invest more were Instagram and YouTube.

Global Social Media Platforms market size is expected to reach $3317.86 billion by 2029 at 34.8%, segmented as by social networking, general social networks (facebook, linkedin), niche social networks

The global social media platform market is projected to reach a colossal value of XXX million by 2033, expanding at a CAGR of XX% from 2025 to 2033. The surge in internet penetration, coupled with the proliferation of smartphones, has acted as a major catalyst for market growth. Social media platforms have become an integral part of personal and business communication, enabling users to connect, share information, and build communities. The rise of e-commerce has further fueled market expansion, as businesses leverage social media to engage with customers, promote products, and drive sales. The market is characterized by a diverse competitive landscape, with established players such as Facebook, Twitter, Instagram, and LinkedIn vying for market share. These platforms continue to innovate and expand their offerings through features such as live streaming, video conferencing, and augmented reality. Emerging players are also gaining traction by offering niche solutions and targeting specific demographics. Key market trends include the integration of artificial intelligence (AI) and machine learning (ML) to personalize content and improve user engagement. Additionally, the increasing adoption of social media for business purposes is driving the development of enterprise-focused solutions. However, privacy concerns, data breaches, and the potential for misinformation to spread on social media platforms remain challenges that need to be addressed.

Introduction

Social Media Marketing Statistics: Social media marketing is a key part of any digital marketing plan today. With over 50% of the world’s population using social media, brands need to be active on these platforms. But it’s not just about making profiles and posting content. Effective social media marketing involves keeping up with changing algorithms and trends and understanding the behaviors of your target audience. Social media’s interactive and engaging nature helps businesses connect with their audience in ways they couldn’t before.

This opens up new opportunities for engaging with people, building the brand, and doing direct marketing. We shall shed more light on Social Media Marketing Statistics through this article.

During a 2024 survey among marketers worldwide, around 86 percent reported using Facebook for marketing purposes. Instagram and LinkedIn followed, respectively mentioned by 79 and 65 percent of the respondents. The global social media marketing segment According to the same study, 59 percent of responding marketers intended to increase their organic use of YouTube for marketing purposes throughout that year. LinkedIn and Instagram followed with similar shares, rounding up the top three social media platforms attracting a planned growth in organic use among global marketers in 2024. Their main driver is increasing brand exposure and traffic, which led the ranking of benefits of social media marketing worldwide. Social media for B2B marketing Social media platform adoption rates among business-to-consumer (B2C) and business-to-business (B2B) marketers vary according to each subsegment's focus. While B2C professionals prioritize Facebook and Instagram – both run by Meta, Inc. – due to their popularity among online audiences, B2B marketers concentrate their endeavors on Microsoft-owned LinkedIn due to its goal to connect people and companies in a corporate context.

In March 2025, ******** accounted for ** 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. ********* ranked second with ***** percent of all U.S. social media site visits, while X (previously Twitter) accounted for ***** 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 ** percent of Facebook users across the globe were using the platform’s social networking services exclusively via mobile phone, while only *** 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 *** million downloads, while Facebook and the instant-messaging service Messenger followed ranking third and fifth with *** million and **** 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 *** minutes per day in 2023, with a decrease to *** 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.

Market Size statistics on the Social Media Platforms industry in the UK

Global Social Media Platforms market size 2021 was recorded $207.48 Billion whereas by the end of 2025 it will reach $307.4 Billion. According to the author, by 2033 Social Media Platforms market size will become $674.774. Social Media Platforms market will be growing at a CAGR of 10.327% during 2025 to 2033.

** percent of Australian respondents answer our survey on "Most used social media platforms by type" with "Social networks (e.g., Facebook)". The survey was conducted in 2023, among ****** consumers.Find this and more survey data on most used social media platforms by type in our Consumer Insights tool. Filter by countless demographics, drill down to your own, hand-tailored target audience, and compare results across countries worldwide.

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

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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 worldwide. This expansion is fueled by the rising number of active social media users, enabling businesses to reach a larger audience through digital platforms. However, the market's growth is not without challenges. Privacy concerns are increasingly obstructing market expansion, as users become more conscious of their online data and demand greater control over their information. Social media advertisements, a major revenue source for social networking companies, are gaining traction, creating intense competition among market players. Companies must navigate these challenges by addressing privacy concerns through transparent data handling policies and effective user data protection measures.
Additionally, innovation in advertising formats and targeting strategies will be crucial for businesses to differentiate themselves and maintain a competitive edge. In summary, the market presents both opportunities and challenges, with increasing internet penetration driving growth while privacy concerns and intense competition shaping the strategic landscape. Companies must effectively address these challenges to capitalize on the market's potential and stay ahead of the competition.

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

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The market continues to evolve, with dynamic patterns emerging across various sectors. Customer acquisition and sales conversion are key areas of focus, as social CRM and mobile marketing strategies gain traction. User engagement remains a priority, with social listening and social network analysis providing valuable insights. Big data and data analytics play a crucial role in informing business decisions, while media relations and crisis communication strategies adapt to the digital landscape. Influencer marketing and viral marketing campaigns continue to shape consumer behavior, with conversion optimization and organic reach driving growth. Live streaming and user-generated content offer new opportunities for brands to engage with audiences.

Data visualization and machine learning are transforming how businesses analyze and respond to market trends. E-commerce platforms and social commerce are disrupting traditional retail models, with advertising platforms and social media marketing becoming essential tools for businesses. Algorithm updates and link building strategies impact search engine optimization and content strategy. Privacy concerns and network externalities are shaping the platform economics, while network effects drive user growth. Content creation tools and search engine optimization are essential for effective brand building, with public relations and sentiment analysis playing a critical role in reputation management. Video marketing and customer satisfaction are key drivers of brand loyalty, with data security and competitor analysis essential for maintaining a competitive edge.Social media platforms continue to evolve, offering new opportunities for businesses to connect with their audiences and build strong brands.

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 landscape of the market, various entities intertwine to shape its evolution. Big data and machine learning fuel social media analytics, enabling targeted advertising, conversion optimization, and customer satisfaction. Social listening and sentiment analysis inform brand monitoring, reputation management, and crisis communication. Social crm and community management foster customer loyalty and engagement. Mobile marketing, including user-generated content and live streaming, e

Metaverse Social Media Platforms Market Outlook

The global metaverse social media platforms market size was valued at approximately $69.9 billion in 2023 and is projected to grow to a massive $1,527.4 billion by 2032, reflecting a staggering CAGR of 41.9% over the forecast period. The remarkable growth of this market is primarily driven by the increasing adoption of advanced technologies such as Virtual Reality (VR), Augmented Reality (AR), and Mixed Reality (MR), coupled with the rising demand for immersive social experiences. The continued technological advancements in these areas, along with the proliferation of high-speed internet and growing investments by leading tech companies, are expected to further fuel market expansion over the coming years.

One of the key growth factors of the metaverse social media platforms market is the technological advancements that have led to the development of more sophisticated and accessible VR and AR devices. These technologies have significantly improved user experiences by providing immersive and interactive environments that replicate real-world social interactions. Companies are heavily investing in R&D to innovate and launch new products and services that cater to the ever-evolving needs of consumers. This has created a fertile ground for the adoption of metaverse platforms, especially among the tech-savvy younger generation.

Another critical factor propelling the market's growth is the increasing consumer inclination towards digital and virtual spaces due to the COVID-19 pandemic. The pandemic has accelerated the shift towards remote interactions, with people seeking alternative ways to socialize, work, and entertain themselves. As a result, there has been a substantial rise in the adoption of metaverse social media platforms, which offer unique and engaging ways to connect with others virtually. This trend is expected to continue post-pandemic, as people have grown accustomed to the convenience and novelty of virtual interactions.

Furthermore, the growing popularity of virtual events and online gaming is significantly contributing to the market's expansion. Metaverse platforms are increasingly being used to host virtual concerts, conferences, and other events, providing users with novel and immersive experiences. The gaming industry, in particular, has been quick to adopt metaverse technologies, with numerous game developers integrating social features into their games to enhance user engagement and retention. This convergence of gaming and social media is creating a vibrant ecosystem that is poised for substantial growth.

From a regional perspective, North America currently holds the largest share of the metaverse social media platforms market, driven by the presence of major tech giants and high consumer adoption rates. However, Asia Pacific is expected to witness the highest growth rate during the forecast period, owing to the rapid technological advancements, increasing internet penetration, and growing investments in the region. Europe and Latin America are also anticipated to experience steady growth, supported by the rising demand for innovative social media platforms and growing consumer awareness.

The Metaverse In Entertainment is revolutionizing how audiences engage with content, offering immersive experiences that transcend traditional media boundaries. As entertainment companies explore the metaverse, they are creating virtual worlds where users can interact with their favorite shows, movies, and music in unprecedented ways. This new frontier allows for personalized experiences, where fans can become part of the story, attend virtual concerts, or explore digital theme parks. The integration of entertainment into the metaverse is not only enhancing user engagement but also opening up new revenue streams through virtual merchandise and exclusive content offerings. As the technology continues to evolve, the potential for storytelling and audience interaction in the metaverse is limitless, promising a future where entertainment is more interactive and immersive than ever before.

Platform Type Analysis

The metaverse social media platforms market can be segmented by platform type into Virtual Reality (VR) Platforms, Augmented Reality (AR) Platforms, and Mixed Reality (MR) Platforms. VR platforms have been increasingly adopted for their ability t

Snapshot img

Social Media Analytics Market Size 2025-2029

The social media analytics market size is forecast to increase by USD 21.2 billion, at a CAGR of 35.2% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing availability and complexity of data. Companies are capitalizing on the wealth of information generated through social media platforms to gain valuable insights into consumer behavior and market trends. Furthermore, the surging use of advanced targeting options enables businesses to reach their audiences more effectively, enhancing their marketing efforts. However, interpreting unstructured data from social media sources poses a challenge. The vast amount of data, combined with its unstructured nature, necessitates sophisticated analytics tools and expertise to extract meaningful insights. As businesses navigate this complex landscape, they must invest in technologies and strategies that can effectively harness the power of social media analytics to stay competitive and make informed decisions.

What will be the Size of the Social Media Analytics 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 SampleThe market continues to evolve, driven by the constant innovation and adaptation of social media networks and the increasing importance of digital communication in business. Social media scheduling and automation streamline content distribution across various channels, enabling brands to maintain a consistent presence. Reputation management and monitoring tools provide real-time insights into public perception, allowing for swift response to customer feedback and crisis management. Social listening and sentiment analysis offer valuable data on consumer preferences and emotions, informing marketing strategies and product development. Influencer marketing and social media advertising platforms enable targeted campaigns, reaching specific demographics and interests. Social media CRM integrates customer interactions across channels, providing a holistic view of customer engagement. Social media trends, such as the rise of ephemeral content and the increasing use of video, necessitate ongoing adaptation and optimization. Social media intelligence and engagement metrics offer insights into the effectiveness of campaigns and the impact on brand image. Social media APIs facilitate seamless data integration and analysis, enabling businesses to make data-driven decisions and stay competitive in the ever-changing social media landscape.

How is this Social Media Analytics Industry segmented?

The social media analytics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. End-userRetailGovernmentMedia and entertainmentTravelOthersApplicationSales and marketing managementCustomer experience managementCompetitive intelligenceRisk managementPublic safety and law enforcementDeploymentOn-premisesCloudTypePredictive analyticsPrescriptive analyticsDescriptive analyticsDiagnostics analyticsGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKAPACChinaIndiaJapanSouth KoreaRest of World (ROW).

By End-user Insights

The retail segment is estimated to witness significant growth during the forecast period.Social media analytics plays a pivotal role in retail businesses, enabling them to analyze sales and customer engagement across various stages. Retailers utilize social media dashboards and monitoring tools for formulating effective marketing strategies and enhancing brand awareness. Social listening and influencer marketing are integral parts of this process, providing valuable insights into consumer behavior and preferences. Social media networks, such as Facebook, Twitter, and Google+, are essential channels for retailers, with over 90% of them active in 2023. These platforms offer access to vast amounts of data, which can be harnessed through social media reporting and research tools. Social media automation and scheduling facilitate consistent engagement with the audience, while sentiment analysis ensures reputation management. Social media algorithms and brand monitoring help retailers stay updated on trends and customer sentiment, enabling them to respond promptly to crises or opportunities. Social media advertising and API integrations offer targeted marketing and data access, respectively. Social media metrics and ROI are crucial indicators of success, with CRM systems providing a more comprehensive understanding of customer interactions. Retailers leverage social media insights to optimize their content, improve customer engagement, and ultimately drive sales. The market for social media analytics contin

Global ad spend were expected to reach over $134 billion in 2022. This means that it has increased by over 17% yearly.

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.

These are the key social media statistics that you need to know.

Social media addiction statistics show that over 210 million people worldwide suffer from social media addiction.

TikTok comes in 6th position in a list of the world’s most-used social media sites today.

During a 2024 global survey among marketing and media leaders, around ** percent reported using X (formerly known as Twitter) for their content marketing efforts; ** percent turned to Facebook. According to the same study, Facebook and Instagram were the social media platforms most used by global marketers for organic content and paid ads.