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25 Social Media Stats That 99% of Entrepreneurs Are Lacking in 2024


Social media might be an enormous a part of your day by day life, identical to it’s for many of us. Whether or not you’re checking in on pals, catching up on information, or scrolling by the most recent tendencies, social media platforms are all the time inside attain. 

In the event you’re like me, the very first thing you do whenever you decide up your telephone throughout some free time is verify social media. Perhaps you’re doom scrolling by limitless posts, or possibly you hit upon one thing truly helpful—both method, it’s a behavior all of us share.

As we head into 2024’s remaining quarter, social media’s affect solely continues to develop, altering the way in which we talk, devour content material, and store. The most recent social media statistics are full of insights that may assist form your methods for 2025 and past. Let’s dive into the numbers to see what’s trending and the way it impacts you.

From connecting with pals to discovering new merchandise, social media utilization continues to develop in 2024. Let’s break down the important thing stats that present the variety of social media customers, how they’re interacting with these platforms, and what it means for the longer term.

1. International social media use continues to develop

With over 5 billion folks utilizing social media in 2024, it’s clear that these platforms are deeply embedded in day by day life worldwide. The projected progress to 6 billion customers by 2028 means that social media will solely develop into extra influential. For entrepreneurs and social media content material creators, this implies a bigger, extra engaged viewers to focus on, making it important to adapt methods to succeed in this rising base.

2. International social media penetration continues to develop

As of 2024, the worldwide social community penetration charge stands at 62.2%. This means that greater than half of the world’s inhabitants, or 6 out of each 10 folks, is energetic on social media platforms. 

3. Slight decline in day by day social media utilization

Statista

In 2024, web customers spent a mean of 143 minutes per day on social media, a slight drop from 151 minutes in 2023. Whereas the lower could seem minor, it indicators a shift in consumer habits. Entrepreneurs and content material creators would possibly must refine their methods, specializing in creating extra participating, high-quality content material to seize consideration in a barely lowered window of consumer exercise.

4. Persons are energetic on a number of social platforms

On common, people use 6.7 completely different social networks every month. This highlights the necessity for entrepreneurs to develop their presence throughout varied platforms to succeed in their viewers successfully. 

5. High causes folks use social media

In accordance with information from GWI, the first purpose folks use social media is to remain related with family and friends, with 56% citing this as their principal motivation. Filling spare time follows intently behind, with practically 38% of customers mentioning it. Different prime causes embody studying information tales, discovering content material like articles or movies, and seeing what’s being talked about, every talked about by a good portion of customers. 

6. Gen Alpha more and more turns to social media for purchasing inspiration

In accordance with GWI, extra Gen Alpha customers want to social media to find manufacturers and merchandise they like. There was an 11% year-on-year enhance in teenagers who say discovering issues to purchase is certainly one of their principal causes for utilizing social media. This development exhibits how necessary social platforms have gotten in shaping purchasing behaviors, particularly amongst youthful generations.

GWI

Social media demographics like age and gender are key to crafting efficient methods in 2024. Let’s discover the most recent stats that reveal who’s utilizing these platforms

7. Slight male dominance in social media utilization

The worldwide gender steadiness on social media exhibits that 53.4% of customers are male, whereas 46.6% are feminine. This comparatively small distinction means that social media platforms are interesting to each genders, however you would possibly wish to contemplate these proportions when tailoring content material or campaigns to particular audiences.

8. Instagram and Snapchat lead in feminine consumer base

In April 2024, girls made up 49.2% of Instagram’s customers, the very best share amongst social media platforms. Snapchat follows intently with 49.1% of feminine customers. However, X (Twitter) had probably the most male customers, with 60.3% of its viewers being males. 

9. Gen Z and millennials lead US social media utilization in 2024

In 2024, Gen Z and millennials proceed to dominate social media utilization within the US, with 69.2 million and 62.5 million customers, respectively. Whereas Gen X has a secure consumer base of fifty.2 million, child boomers see a gradual decline, reaching 35.5 million customers.

eMarketer

Every social media platform has its distinctive strengths, and in 2024, the numbers spotlight the place customers are spending their time. Let’s dive into the stats that reveal which social media platforms are main the way in which.

10. Fb leads in marketer preferences

In a 2024 survey, 86% of entrepreneurs reported utilizing Fb for his or her advertising efforts, making it the most well-liked platform. Instagram and LinkedIn adopted, with 79% and 65%, respectively. This highlights Fb’s continued dominance within the advertising world whereas additionally showcasing the significance of visible platforms like Instagram {and professional} networks like LinkedIn. A various platform technique is crucial to reaching different audiences successfully.

11. Fb leads in month-to-month energetic customers

Fb continues to carry the highest spot with 3.07 billion month-to-month energetic customers (MAU), whereas YouTube follows with 2.5 billion. This exhibits Fb’s dominance in consumer engagement, however YouTube’s vital viewers dimension nonetheless makes it a vital platform for entrepreneurs. Each platforms provide huge potential, and you’ll profit from sustaining a powerful presence on each to succeed in various audiences.

12. YouTube leads because the most-opened app

YouTube ranks because the most-opened app in 2024, with a Knowledge.ai index rating of 100. WhatsApp follows intently with a rating of 83.4, which means it was opened 83.4% as typically as YouTube. This highlights YouTube’s dominance in consumer engagement, particularly for video content material, whereas messaging platforms like WhatsApp stay extremely well-liked. 

13. TikTok leads in common time per consumer

Over the past quarter of 2023, the common TikTok consumer spends 31 hours and 47 minutes on the platform month-to-month. Due to this fact, it’s probably the most used social media platform by common time per consumer (ATPU). YouTube follows intently, with customers averaging 27 hours and 43 minutes. 

Engagement is what retains social media alive, and in 2024, the numbers inform an interesting story. Let’s break down the important thing statistics that present which platforms drive probably the most clicks and what it means for manufacturers making an attempt to seize their viewers’s consideration.

14. Textual content posts lead in model interplay, however long-form video beneficial properties consideration

In accordance with information from Sprout Social, practically half of customers (47%) are more than likely to work together with textual content posts from model accounts, with static photos, short-form movies, and long-form movies following. Nonetheless, rising curiosity in long-form video is especially notable, suggesting that customers are more and more participating with in-depth content material.

15. Humorous content material drives the very best ROI for manufacturers

In a report by HubSpot, 24% of entrepreneurs reported that humorous content material generated the very best return on funding (ROI) for his or her manufacturers. Relatable content material adopted with 18%, whereas interactive and genuine content material every garnered 12%. Different efficient varieties included instructional content material (10%) and model worth content material (9%). This exhibits that humor, relatability, and interplay are key components for those who’re in search of to spice up engagement.

16. Instagram outshines Fb in engagement by attain

In 2024, Instagram’s engagement charge by attain averages 3.50%, considerably larger than Fb’s 1.20%. This implies that Instagram stays a more practical platform for participating audiences.

17. Instagram leads in model engagement and consumer demand

In Sprout Social’s report, 69% of social media customers reported seeing probably the most participating model content material on Instagram. Moreover, 44% of customers want manufacturers posted much more on the platform, the very best demand amongst all networks. 

18. TikTok leads in engagement charges

Nonetheless, in accordance with RivalIQs information, TikTok boasts a median engagement charge of two.63%, outperforming all different social media platforms. Its skill to maintain customers extremely engaged units it aside from the competitors. 

19. Twitter sees a pointy drop in engagement charges

Prior to now yr, Twitter’s engagement charges declined by round 20%, a major drop throughout a interval of main adjustments for the platform. This dip displays the challenges Twitter is going through, making it tougher to take care of the identical degree of consumer interplay. 

Social media promoting gives manufacturers extra alternatives to attach with audiences. Under are figures that present how companies are investing in these platforms and the influence of their promoting efforts.

20. Social media advert spending continues to rise

In 2024, social media promoting spending is predicted to hit $219.8 billion. This progress displays the rising reliance on social platforms as important advertising instruments for companies. For entrepreneurs, this highlights the necessity to optimize advert methods to remain aggressive in an area the place funding and competitors are intensifying.

21. Social media adverts take a big share of digital promoting

Social media adverts make up 28.8% of all digital promoting spending. This implies social media continues to be a significant focus for reaching audiences, and it’s very important to allocate budgets successfully to remain aggressive on this area.

22. How entrepreneurs are allocating their social media budgets

Nonetheless, in HubSpot’s survey of entrepreneurs, the most important portion of social media budgets in 2024, 27%, is being allotted to creating natural content material. Paid content material creation follows at 22%, whereas 18% is devoted to influencer partnerships. Moreover, 16% goes to neighborhood administration and one other 16% to promotions, contests, and giveaways.

23. YouTube surpasses Fb in advert attain

In accordance with latest information, YouTube adverts attain 2.50 billion customers monthly, surpassing Fb’s 2.24 billion. This vital lead demonstrates YouTube’s rising affect as a social media platform for advertisers

24. YouTube leads in ROI for social media platforms in 2024

In accordance with HubSpot’s information, YouTube is seen as the highest platform for return on funding (ROI), with 25% of respondents highlighting it as the most suitable choice. Fb follows intently at 22%, whereas Instagram exhibits sturdy progress with 21%. TikTok, X (Twitter), and LinkedIn lag behind, with TikTok at 14%, and each X and LinkedIn at 6%.

25. High advantages of social media advertising

A 2024 survey revealed that 83% of entrepreneurs see elevated publicity as the highest advantage of social media advertising. Elevated site visitors and lead era adopted intently, with 73% and 65%, respectively. This exhibits how social media stays a key driver for visibility and enterprise progress. 

Wrapping up

Social media is not only for passing time. It’s a pressure shaping how we join, devour, and interact with the world. The social media stats show simply how highly effective these platforms have develop into. With billions of customers and fixed progress, it’s clear that social media will proceed to be a key participant in our day by day lives—and a vital software in digital advertising.

As you look forward to 2025, these statistics ought to encourage you to rethink your methods and faucet into the ever-evolving world of social media. Understanding the tendencies and behaviors behind these platforms provides you the info to make smarter, extra impactful strikes, and keep forward of the sport.



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