Social App Report
Social App Report
Introduction 4
Facebook Revenue 10
Instagram Revenue 12
YouTube Revenue 15
LinkedIn Revenue 17
Twitter Revenue 19
Snapchat Revenue 21
TikTok Revenue 23
Pinterest Revenue 25
WhatsApp Revenue 27
Annual Growth 30
Quarterly Users 41
Facebook Users 41
Instagram Users 43
WhatsApp Users 44
YouTube Users 45
LinkedIn Users 46
Twitter Users 47
Snapchat Users 49
TikTok Users 50
Pinterest Users 51
2
BeReal Users 52
Facebook Downloads 56
Instagram Downloads 57
WhatsApp Downloads 58
TikTok Downloads 59
Snapchat Downloads 60
YouTube Downloads 61
Twitter Downloads 62
Pinterest Downloads 63
LinkedIn Downloads 64
BeReal Downloads 65
Engagement 100
Advertising 103
Conclusion 105
4
Introduction
The average smartphone user spends 2 hours and 20 minutes a day or 70
hours on social media apps every month and 55% of the population, or 4.88
billion people, have social media accounts. It is the most popular type of
internet service, responsible for hundreds of billions of interactions every day.
In the late 1990s, as the internet was moving to web 2.0 stage, several online
messaging and social networks launched with new multimedia services,
propelling them to new levels of popularity. LiveJournal was the first on the
scene in 1999, with MySpace, Facebook, Okrut and Bebo all launching
between 2003 and 2005.
The 2000s saw these social networks compete for more users, with Facebook
surpassing MySpace in 2008 to become the most popular social network
worldwide. Qzone and VK were both launched as clones of Facebook for
Chinese and Russian users. Twitter launched in 2006 and Tumblr in 2007, both
cast as “microblogging” platforms.
Apple’s iPhone brought new life into the social media landscape, leading to the
creation of apps like Instagram, Path, Snapchat, Keek and Vine in the early
2010s. Facebook would struggle with mobile to begin with, but acquisitions of
Instagram in 2012 and WhatsApp in 2014 bolstered its position as the most
popular social networking company in the world.
As the social media market started to mature, fewer apps were launched and
several either folded (Google+, Orkut, Friendster) or were reworked by new
owners, in the case of MySpace and Bebo. The mid-2010s saw the launch of
video-first apps, such as Periscope and Musical.ly, the latter of which was
acquired by ByteDance in 2017 and merged into TikTok in 2018.
Social media continuously evolves and while there is less competition in some
areas, new ideas come out of new technologies or changing user preferences.
5
Clubhouse introduced live audio conversations, which have been added into
Twitter and LinkedIn. BeReal launched as the anti-Instagram, focusing solely
on the user’s friends and “authenticity”.
The next five years has many branching ideas of social interaction, such as the
metaverse, augmented reality and new creator monetisation tools, which
could introduce new players to the social app ecosystem or further entrench
the leaders, as we have seen happen with the decline of Clubhouse.
Facebook Revenue
Facebook has consistently grown its revenue year-on-year. Over 90% of its
revenue generation is from its advertising business.
Instagram Revenue
YouTube Revenue
YouTube has seen its revenue increase by 45% in 2021, to $28.8 billion. It has
the highest revenue share with its creators out of all the apps covered.
LinkedIn Revenue
LinkedIn has a different model to most social media companies, relying more
on users subscribing to premium services. Under Microsoft, LinkedIn has
grown its revenue at an average of 21.3% each year.
Twitter Revenue
Snapchat Revenue
In six years, Snapchat has built out its ad platform to be competitive in some
areas with Facebook, although overall revenues are still much lower. Revenues
increased by 75% in 2021, but have slowed in 2022.
TikTok Revenue
TikTok revenues increased by 654% in 2020 and 77% in 2021. It is a small part
of ByteDance’s overall revenue, which was $58 billion in 2021.
Pinterest Revenue
Pinterest takes up a smaller slice of the advertising pie, however, it has seen
revenues increase by 54.4% on average over the past four years. Revenue
growth has slowed in 2022.
WhatsApp Revenue
Facebook and Instagram are ahead of the pack, with Snapchat, LinkedIn and
YouTube all in the $10 to $15 range.
Annual Growth
Apart from Twitter, all social media companies have seen year-on-year growth.
Instagram’s growth has offset some of Facebook’s decline.
Note: Facebook annual growth values are deflated due to incorporation of Instagram growth
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Facebook has seen rapid increases in net income over the past four years, but
the large investment in the metaverse is expected to reduce net income in
2022 and beyond.
Twitter’s net income has been sporadic, however it started to see real progress
in 2018 with $1.2 billion in annual net income and $1.4 billion the next year.
The coronavirus pandemic dented two years of growth, although it managed
to avoid slipping back into the red.
Snapchat reported its first quarterly net income in Q4 2021. 2022 has been
rough for the social app, reporting three of its largest quarterly losses.
Pinterest reported its largest quarterly net income of $207 million in Q4 2020.
It reported its first annual net income in 2021.
Quarterly Users
One of the key metrics social media apps reference is active users, but there
are several variations of the meaning “active”. These differences are noted in
the chart titles.
Facebook Users
Facebook is the most used social media app in the world, with 1.9 billion
people accessing it daily and 2.9 billion accessing once a month.
Instagram Users
WhatsApp Users
YouTube Users
YouTube surpassed 2.5 billion monthly active users in 2021. It is the most
popular video-first service, although TikTok is growing at a faster rate.
LinkedIn Users
Twitter Users
Twitter has steadily increased its monetisable daily active users since first
reporting the metric in Q1 2017.
Snapchat Users
Snapchat records daily active users (DAUs), which has increased every quarter
since Q1 2019. Snapchat stagnated during 2018, but has rejuvenated its
growth, primarily due to international markets.
TikTok Users
TikTok has seen rapid growth over the past two years and was the most
downloaded app in 2020. It did suffer slightly in Q3 2020, after India banned
the app. It reached one billion users in Q3 2021.
Pinterest Users
BeReal Users
BeReal has grown rapidly in 2022, from less than one million users in
mid-2021 to over 20 million users accessing the app daily. It had about 70
million MAUs in August 2022.
Facebook Downloads
Facebook annual downloads have declined every year since 2016, with its
largest decline in 2021 to 416 million downloads.
Instagram Downloads
Instagram annual downloads have increased every year, with higher growth in
2020 and 2021 due to the pandemic and TikTok ban.
WhatsApp Downloads
WhatsApp was the most downloaded app of 2017, 2018 and 2018, before
being dethroned by TikTok. It was downloaded 395 million times in 2021.
TikTok Downloads
TikTok was the most downloaded app in 2020 and 2021. In Q1 2020, it was
downloaded 318 million times, the highest quarterly download figure for an
app outside of China.
Snapchat Downloads
Snapchat had a rocky 2017, with the launch of Instagram Stories stealing some
of its thunder. Most downloads and new users in 2020 and 2021 are from
non-US users.
YouTube Downloads
Twitter Downloads
Twitter has seen download growth in the past two years, after five years of
stagnation in the 100 million to 130 million annual downloads range.
Pinterest Downloads
Pinterest also received a healthy boost from the pandemic, with downloads
increasing 54% in 2020.
LinkedIn Downloads
LinkedIn has far fewer downloads than the rest of the social apps, which is to
be expected as it is used primarily for work. It has a high volume of traffic from
desktop as well, in comparison to other social apps.
BeReal Downloads
BeReal has been downloaded 67.2 million times since launch, with the vast
majority of downloads happening in 2022.
While India has a lower Facebook adoption rate (30.1%) than other countries,
it surpasses them on the sheer size of the country’s population.
The majority of Instagram’s growth in the past two years has come from low
and middle-income countries, such as Brazil, India and Indonesia. India
surpassed US as Instagram’s largest market in 2021.
WhatsApp is the top messaging app in over 100 countries and has over 90%
penetration in over two dozen African countries.
28% of LinkedIn users are from the United States, by far LinkedIn’s most
popular country.
Twitter has the highest proportion of Japanese users out of all social media
platforms in this study. It has not seen as much growth in developing nations,
in comparison to Facebook and Instagram.
Snapchat has seen its popularity in Europe and the Middle East grow over the
past two years, as usage in the United States has started to stagnate.
Pinterest is primarily used by people in the US, although it has growing usage
in Brazil, Mexico and Germany.
While Facebook was originally an app for college students, its average age has
increased every year since 2013. Teenagers have also migrated to newer apps,
such as Instagram and Snapchat, for their social interactions.
WhatsApp trends older than Facebook and Instagram, primarily due to the
messaging app being one of the primary forms of communication for millions
of families.
YouTube does not have a clear target demographic, with videos and channels
available for every type of user. This is reflected in the age demographics.
The vast majority of LinkedIn users are between the ages of 25-34, which is
the second highest age bracket in employment in the UK and US.
Twitter has near parity of its three key age groups: 18-24, 25-34 and 35-49.
Twitter has also seen its average age increase in the past few years, with the
35-49 age group becoming the largest in 2021.
Snapchat has a large 13-17 age audience in comparison to all other social
media platforms. Unlike Facebook and Instagram, it has kept similar age
demographics to when it first launched.
TikTok has seen its adult audience grow rapidly in the past two years. In 2017,
over 40% of Musical.ly’s userbase was under 18 and 90% was under 25.
Pinterest has a large 25-34 age bracket, comprising of 41% of the userbase.
Demographics across the rest of the age brackets are almost even.
BeReal users are almost split evenly between 16-25 year olds and 26-44 year
olds, with only 1.89% of users above the age of 45.
Instagram has the closest parity of any of the seven apps referenced in the
study. It has maintained a close gender split in the past few years, although for
the first few years it had a higher percentage of female users.
WhatsApp has a slight male majority, which may come from the large Indian
userbase, which is 60% male.
LinkedIn has the second highest percentage of male users, at 56.9%. This
figure has declined in recent years, from a high of 63% in 2018.
Twitter has the highest percentage of male users, at 68.5%. A separate study
by the University of Pennsylvania found that female accounts have half as
many followers as male.
Snapchat is one of the few social apps with a majority of users being female. In
2021, that figure stood at 57.4%, which is down from previous years when it
was more than 60% female.
In some countries, over 75% of TikTok users are female. Since 2019, the
percentage of users who are male has increased, as it has shifted from dancing
and lip-syncing to all forms of content.
Pinterest has by far the highest percentage of female users out of all social
apps in this report. That percentage has remained stable, even as Pinterest has
added more users.
BeReal has reached near parity in the US, but in the UK, Germany, and
Australia, it has a much larger female majority.
Nigeria has the highest amount of social media usage, at 247 minutes a day,
followed by Philippines and Colombia.
Engagement
Influencers may be best suited for TikTok or YouTube, which have the highest
engagement. YouTube and Instagram are by far the best platforms for highly
engaged users.
Weekly Daily
TikTok 95 14
YouTube 95 47
Instagram 94 37
Snapchat 92 15
Pinterest 87 17
Twitch 83 8
Triller 75 2
Source: Takumi
Source: Upfluencer
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Purchase (%) 4 21 16 11 8
Source: Takumi
Plan to Use 35 58 55 43 29
Source: Takumi
Funny videos 48 42 36
Personal news 47 43 40
Memes 39 34 29
Coronavirus news 28 26 25
Influencer posts 24 16 13
Brand posts 21 14 11
Other news 21 21 19
Product recommendations 21 15 12
Source: GlobalWebIndex
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Advertising
Advertising is the lead generator of revenue for all social apps covered in this
report, even as some look to switch from that following the changes to
targeted advertising pushed by Apple.
Click-Through Rate
TikTok leads in CTR rate by a good margin, with AdWords and Twitter second
and third. Measurements below are averages. All values are subject to
fluctuation based on ad platform updates.
TikTok currently has the highest CPM rate of all ad platforms, although like
CTR, it is difficult to find a precise rate as they are subject to fluctuation and
changes in the ad platform and advertising market.
Conclusion
The landscape for the next five years of social networking looks set to branch
more into the extremes of both personalization and authenticity. TikTok,
Instagram Reels, and YouTube Shorts are all pulling users into the short-form
video, personalized feed with a machine learning algorithm creating the
perfect page to endlessly scroll. In the other direction, we have BeReal, which
has no algorithm and is focused solely on interactions with friends.
At the center of this is Instagram, which on the one hand is responsible for
BeReal’s growth, as some users find the new Reels push to be inauthentic and
have switched to BeReal. On the other, it has seen tremendous growth with
Reels, especially in India, and TikTok’s rapid growth in e-commerce and
advertising signals this could be a good market for Instagram.
The success and quick demise of Clubhouse and the integration of live audio
chats into Twitter and LinkedIn should also be a warning to developers of a
new social experience - the big players will copy you as soon as your app
becomes successful. Facebook, Instagram, Snapchat, and YouTube have
short-form video services; Instagram, Snapchat, and TikTok have launched
BeReal clones.
That may be more difficult as we move into more costly realms of social
networking, such as the metaverse (which Meta Platforms is investing $10
billion in a year) and other hybrid-format experiences, such as augmented
reality. However, there is still plenty of space for apps that are aiming to create
new interactions, for instance, a new popular social app in the US is aimed at
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teenagers and gets them to “Gas” their friends, simply paying them
compliments. It recently reached number one on the Apple App Store.