In 2023, Meta Platforms had a total annual revenue of over 134 billion U.S. dollars, up from 116 billion in 2022. LinkedIn reported its highest annual revenue to date, generating over 15 billion USD, whilst Snapchat reported an annual revenue of 4.6 billion USD.

Social media companies are starting to offer users the option to subscribe to their platforms in exchange for monthly fees. Until recently, social media has been predominantly free to use, with tech companies relying on advertising as their main revenue generator. However, advertising revenues have been dropping following the COVID-induced boom. As of September, Meta Verified is the most costly of the subscription services, setting users back almost 15 U.S. dollars per month on iOS or Android for the standard subscription. Twitter Blue costs between three and 40 U.S. dollars per month and ensures users will receive the blue check mark, and have the ability to edit tweets and have NFT profile pictures.

In 2023, Facebook was the social media platform with the highest advertising revenues in the United States. The revenues stood at **** billion U.S. dollars. Instagram and TikTok followed, with **** billion and **** billion, respectively.

During a 2025 survey among marketers worldwide, around 83 percent reported using Facebook for marketing purposes. Instagram and LinkedIn followed, respectively mentioned by 78 and 69 percent of the respondents. The global social media marketing segment According to the same study, 60 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 2025. 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 2021, global social media advertising spending stood at around *** billion U.S. dollars. The source projected that this figure would more than double and exceed an all-time high of *** billion by 2028. Where to advertise in a sea of social media platforms? While there are many regional differences when it comes to social media usage and accessibility, some platforms reign supreme among users and advertisers alike. As of 2022, Facebook, YouTube, and Instagram were the most popular social networks worldwide. Thanks to their massive audiences, these Meta-owned properties also ranked among the leading social media platforms for marketers. What makes advertising via these channels so appealing is not only the prospect of boosting brand awareness and generating leads but also the possibility to strengthen brands’ relationships with consumers via direct communication. Spotlight on influencer marketing In addition to posting photos and videos on their social media accounts and interacting with followers, companies can also enlist the help of content creators to drive visibility and potentially unlock new audiences. Over the past few years, the global influencer marketing market value has expanded rapidly and is now sized at an estimated **** billion U.S. dollars. Instagram remains the primary playground for this creator-driven form of online marketing, though apps like TikTok are also becoming more appealing to brands from around the world.

The ad spending ranking in the 'Social Media Advertising' segment of the digital advertising market is led by China with **** billion U.S. dollars, while Japan is following with **** billion U.S. dollars. In contrast, New Zealand is at the bottom of the ranking with ***** million U.S. dollars, showing a difference of **** billion U.S. dollars to China. Find other insights concerning similar markets and segments, such as a ranking by country regarding revenue in the video advertising segment of the digital advertising market and a ranking by country regarding average revenue per user (ARPU) in the digital advertising market.The Statista Market Insights cover a broad range of additional markets.

Over the last two observations, the average ad spending per internet user is forecast to significantly increase in all segments. Concerning the two selected segments, the segment Social Media Advertising Mobile has the largest average ad spending per internet user with 34.29 U.S. dollars. Contrastingly, Social Media Advertising Desktop is ranked last, with 6.95 U.S. dollars. Their difference, compared to Social Media Advertising Mobile, lies at 27.34 U.S. dollars. The Statista Market Insights cover a broad range of additional markets.

Every year billions of dollars are spent on advertising on social media in the United States. In 2022, the amount reached ** billion U.S. dollars, and included paid advertising on social networks as well as games and applications on social media. By 2025, advertisers are expected to spend over ** billion dollars on promoting their products on social networks. Facebook commands the lion’s share of these expenditures (more than ** percent), followed by LinkedIn and Pinterest with * and * percent respectively. Social network advertising – a closer look   Studies show that a little over ** percent of U.S. companies are and will be using social media for marketing purposes. In 2017, social messaging and video were thought to be the trends of the future in relation to social media advertising and believed to have the biggest effect on marketing strategies. Lo and behold, advertising spending on social video has been growing ever since, and is expected to amount to nearly ** billion U.S dollars in 2021. Even in this respect, Facebook has the lead, especially when it comes to influencer marketing. In fact, all tiers of influencers - from microinfluencers to celebrities - post the majority of their videos on Facebook. The second choice of platform to share their videos is YouTube, which despite being 'the' video sharing platform is not as popular yet among influencers most probably due to smaller user reach.

The average ad spending per internet user in the 'Social Media Advertising' segment of the advertising market worldwide was modeled to stand at ***** U.S. dollars in 2024. Between 2017 and 2024, the average ad spending per internet user rose by ***** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The average ad spending per internet user will steadily rise by ***** U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Social Media Advertising.

In 2025, the social media ad revenue in China was expected to reach 137 billion yuan, up from 125 billion yuan in the previous year. Chinese consumers have shown more acceptance of online ads and, in general, not against the purchase recommendations on social media platforms.

As of September 2022, the mobile app of social media giant ******** saw the highest average revenue per user (ARPU) worldwide, with users generating approximately **** U.S. dollars on the platform. ******* ranked second, with users generating approximately **** U.S. dollars on average, while ********* ranked third with an ARPU of around ***** U.S. dollars as of the examined period.

In 2019, social network advertising revenue in the United States amounted to ***** billion U.S. dollars. This figure is projected to further grow and surpass ** billion U.S. dollars by the end of 2021.

According to a survey on the impact of the COVID-19 pandemic in the Middle East and North Africa (MENA) in 2020, there was a ** percent increase in the revenue of Snapchat during the COVID-19 pandemic. In 2020, the growth curve of the e-commerce industry in the region had accelerated by five years in about five months.

China's short-form video platform Douyin is the leading global revenue generator in social commerce, with estimated revenues approaching *** billion U.S. dollars in 2025. Despite its growing popularity, the international version of the app, TikTok, continues to lag considerably behind its Chinese counterpart, projecting revenues of over * billion dollars that same year. WeChat, also of Chinese origin, is in second place worldwide, with estimated revenues of *** billion U.S. dollars. Meanwhile, Meta is betting on social commerce through Facebook and Instagram, projecting combined revenues of around *** million dollars.

According to a global survey conducted in May 2024, 62 percent of marketers, and those in PR, sales, and customer services roles, stated that the required labels for AI-generated content would have a positive effect on their overall social media performance. Moreover, 30 percent of respondents reported constantly labeling AI-generated content on social media.

According to a global survey conducted in May 2024, 38 percent of respondents who worked in marketing, PR, sales, or customer service roles reported that increased efficiency was the leading benefit of using generative AI for social media marketing. Overall, 34 percent reported that easier idea generation was a leading benefit. Respondents also stated that increased content production, enhanced creativity, and reduced costs were some of the top resons for using generative AI for social media marketing.

The share of total ad spending in the social media share total segment of the advertising market in the United States was forecast to continuously decrease between 2023 and 2027 by *** percentage points. The share of total ad spending is estimated to amount to ***** percent in 2027.

The Russian market of social media and content marketing reached its peak over the observed period at ** billion Russian rubles in 2023. In the previous year, the figure dropped to around ** billion Russian rubles.

The ad spending in the 'Social Media Advertising' segment of the advertising market in the United Kingdom was modeled to amount to ************* U.S. dollars in 2024. Following a continuous upward trend, the ad spending has risen by ************ U.S. dollars since 2017. Between 2024 and 2030, the ad spending will rise by ************ U.S. dollars, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Social Media Advertising.

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.