In 2022, X (formerly Twitter) generated **** billion U.S. dollars in advertising revenue. This figure is expected to drop to *** billion U.S. dollars by 2027. The social platform is responsible for roughly one percent of the global ad revenue. Social network platform in transition Established in 2006, California-based platform X (formerly known as Twitter) ranked among the most popular social networks worldwide by number of monthly users as of late 2023. The company has undergone a profound transformation after Elon Musk's acquisition in October 2022. After the billionaire bought the platform, advertisers and marketers have closely observed every change regarding its features and policies. Due to many contradictory developments at Twitter, industry professionals have become increasingly more cautious with their investments. A prominent example was IPG - one of the world's top five advertisers - advising its customers to temporarily abstain from putting money into the platform. Another big advertiser who has also ceased ad investment in Walmart. Social media powerhouse: Facebook In the meantime, nearly half of the responding marketing professionals named Facebook the most important social media platform for their business. The social network giant's revenue amounted to *** billion dollars in 2022. Although the figure was roughly ** percent of Google's ad revenue, Meta stood further ahead of X in terms of money earned through selling ad spaces.

Twitter's ad business shrank both in 2023 and 2024, with global ad revenues falling to two billion dollars, according to the source's estimates. After the acquisition of Twitter by Elon Musk on October 27, 2022, the platform saw an exodus of users. December 2022 projections saw more than 30 million users leaving the platform by the end of 2024.

In 2021, Twitter accounted for *** percent of the global digital advertising revenue. After its acquisition by Elon Musk, the share was expected to fall to *** percent in 2022 and remain stable in 2023. In 2024, the value was projected to fall further to *** percent.

Twitter's global advertising revenue was forecast to decrease by nearly ** percent in 2023. After the acquisition of Twitter by Elon Musk on ****************, and Musk's announcement that the platform should become an "unbiased middle ground" for discussion, the platform saw a sharp increase in hate speech and racist content. Some *** thousand users deactivated their accounts only in the first week after Musk's acquisition. This led advertisers to turn away from the platform, fearing for their brands' safety and losing audiences. In 2022, the platform's ad revenue declined by over seven percent after growing by roughly ** percent one year before.

The global number of Twitter users in was forecast to continuously increase between 2024 and 2028 by in total 74.3 million users (+17.32 percent). After the ninth consecutive increasing year, the Twitter user base is estimated to reach 503.42 million users and therefore a new peak in 2028. Notably, the number of Twitter users of was continuously increasing over the past years.User figures, shown here regarding the platform twitter, 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.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 150 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).Find more key insights for the number of Twitter users in countries like South America and the Americas.

This statistic provides data on Twitter's advertising revenue in the United States from 2017 to 2021. In 2018, the microblogging website earned an estimated **** billion U.S. dollars with U.S. advertising and is expected to reach **** billion U.S. dollars in 2021.

In 2021, Twitter generated more than 4.5 billion U.S. dollars in advertising service revenues, up from 3.2 billion U.S. dollars in the previous year. Additionally, the micro-blogging platform produced around 571 million U.S. dollars in data licensing revenue, up from 508 million U.S. dollars in 2020.

In the second quarter of 2022, X (formerly Twitter) generated total advertising revenues of approximately one billion U.S. dollars, down from 1.1 billion U.S. dollars in the previous quarter. Advertising accounts for the vast majority of the social network's revenues, while data licensing and other revenue for the second quarter of 2022 amounted to 100 million U.S. dollars. X/Twitter experienced overall net losses of 270 million U.S. dollars during this quarter.

Since October 2022, when Twitter was purchased by Elon Musk, the platform has experienced a steep decline in advertising revenue. In November 2022, the revenue contracted by 57 percent compared to the value reported a month earlier. The growth rate continued to fluctuate between 57 percent and 72 percent until August 2023. On a global scale, X (formerly Twitter)'s ad revenue is expected to drop by rough 1.5 billion U.S. dollars in 2023.

Over the forecast period until 2030, the ad spending is forecast to exhibit fluctuations among the nine segments. The ad spending decreases only in the segment Print Advertising towards the end of the forecast period, while the remaining segments follow a positive trend. The absolute difference between 2020 and 2030 is ***** billion U.S. dollars. Find further statistics on other topics such as a comparison of the reach in China and a comparison of the reach in Brazil. The Statista Market Insights cover a broad range of additional markets.

In March 2024, Google.com was the leading website worldwide. The search platform accounted for nearly 18.1 percent of desktop web traffic worldwide, ahead of second-ranked YouTube.com with over 13 percent.

In the most recent financial year, X (formerly Twitter) invested 167.1 million U.S. dollars in advertising, up from 56.1 million U.S. dollars in the previous year. Overall, 2021 saw the most that the social networking company has spent on advertising expenditure. In 2021, X/Twitter's worldwide revenue amounted to over five billion U.S. dollars.

In the second quarter of 2022, X/Twitter's revenue amounted to over 1.17 billion U.S. dollars. The platform's majority of the social network’s revenues are generated via advertising, followed by data licensing and other revenues.

X/Twitter company information X/Twitter ranks among the biggest social networks worldwide. As of the second quarter of 2021, the company reported 206 million monetizable daily active users worldwide. In 2020, Twitter’s annual revenue came to 3.72 billion U.S. dollars. However, the company has only been able to report a positive net income in 2018 and 2019, revealing a struggle to monetize users.

X/Twitter marketing and advertising Social media advertising spending in the United States is constantly growing. In 2019, the social media ad spend per U.S. internet user amounted to 129.1 U.S. dollars and this figure is projected to sharply increase to over 174 U.S. dollars by 2024. Along with Instagram, X/Twitter is a popular marketing channel and some brands and companies have made a name for themselves for being entertaining on Twitter.

Significant fluctuations are estimated for all segments over the forecast period for the ad spending. The ad spending decreases towards the end of the forecast period only in the segment Print Advertising, while the remaining segments follow a positive trend. The difference between 2020 and 2030 amounts to an absolute value of ****** million U.S. dollars. Find further statistics on other topics such as a comparison of the reach in the United States and a comparison of the ad spending in the United States. The Statista Market Insights cover a broad range of additional markets.

In the most recently reported period, X (formerly Twitter) generated 89 percent of its revenue through advertising services, whilst 11 percent was generated via data licensing. In 2021, the micro-blogging platform generated over five billion U.S. dollars in worldwide revenue.

Over the last two observations, the average ad spending per internet user is forecast to significantly increase in all segments. The trend observed from 2018 to 2028 remains consistent throughout the entire forecast period. There is a continuous increase in the indicator across all segments. Notably, the Social Media Advertising Mobile segment achieves the highest value of ****** U.S. dollars at 2028. The Statista Market Insights cover a broad range of additional markets.

As of February 2025, Singapore had the highest X (formerly Twitter) ad reach in the Asia-Pacific region, with ads on the platform having a reach rate of approximately *** percent among the population aged 18 years and over. In China, where X is officially blocked, the company reported an ad reach rate of *** percent, with around ********** people reached.

In the most recent reported year, X (formerly Twitter) spent around 1.17 billion U.S. dollars on sales and marketing, up from 887 million U.S. dollars in the previous year. The social networking platform generated a worldwide revenue of over five billion U.S. dollars in 2021.

In the second quarter of 2022, Twitter's ad engagement grew by ***** percent compared to the corresponding quarter of the previous year. In 2021, Twitter's ad revenue stood at *** billion U.S. dollars.

In the first quarter of 2020, Twitter's advertising cost-per-mille (CPM) stood at **** U.S. dollars, up from **** dollars in the corresponding quarter of 2019. In 2020, Twitter's ad revenue amounted to **** billion U.S. dollars.