39 Social Media Facts You Must Know

Social media has become an important part of our daily lives, where we can communicate with friends and generate business. There are a range of social media platforms that offer great interactive features to make life, communication, and sales easier. 

With its greatest user base, social media offers small or larger businesses an opportunity to drive sales. Besides this, social media keeps you updated regarding what is happening in the market and how you can utilize it to your benefit and awareness. 

The social media landscape is impressive, and the reports speak for themselves: More than 62% of the world's population is actively using social media platforms. 

The most popular social media platforms, such as Facebook, Instagram, and LinkedIn, allow you to maximize the benefits they bring to users. 

If you still doubt social media's growth numbers, we have put together an article that will help you understand each platform's growth numbers. 

Must Known Social Media Marketing Facts

Here, we have provided a few facts that make social media marketing significant for modern businesses. These figures reveal the massive size, strong interaction, and stunning ROI businesses get after making great social efforts on the most popular channels, such as Facebook, Instagram, etc.

Social Media Marketing Statistics For Business 

Here are some impressive social media statistics that showcase the effectiveness of social media marketing for businesses: 

1. Social media platforms are currently used by more than 90% of businesses in different marketing types.

2. Social media marketing is frequently used to inform customers about new products or services businesses offer. A survey revealed that 57% of brands use social media platforms for this purpose. 

3. Marketing budgets by top companies were spent on social media advertising to exceed $260 billion in 2023. 

4. Reports suggest social media video advertising revenue is estimated to exceed $75 billion by 2024.

Social Media Marketing Statistics For Facebook 

Billions of user accounts make the platform highly attractive for businesses, as it gives access to a vast audience. 

1. Facebook has around 2.9 billion a month active social media users.

2. Facebook serves 3.96 billion users every month

3. Facebook businesses get charged for 7 million active ad campaigns at once on the platform.

4. Regarding advertising, 94% of the ad revenue is generated from mobile.

Facebook offers rich ad opportunities and business applications that encourage millions of brands to continue with their endeavors. Marketers use Facebook's targeting tools to post to the right customers on desktop or mobile. 

Social Media Marketing Statistics For Instagram

With these stats to the rescue, you must know how much the public loves Instagram and how it can be valuable for social media advertising. 

1. Instagram has over 2 billion active users monthly, with more than 500 million active ones using the app every day.

2. Currently, 90% of accounts engage with an active business on Insta­gram.

3. Posts with locations have 79% more engagement than posts with no location tag.

4. The ad revenues on Instagram peaked at $60 billion.

So, next time, promote your posts with location-based tags to increase activity. Such incredible ad revenues prove that Instagram has become an extremely valuable platform for various social media campaigns.

Social Media Marketing Statistics For TikTok 

Stats showcase TikTok's explosive growth and potential for marketers. With great social media usage, many users scroll through short videos daily, and brands can take advantage of the platform's stickiness. 

TikTok's highly engaged audience responds well to social media ads tailored for the platform. As ad revenues soar, more businesses allocate budgets to creative TikTok campaigns. 

1. 90% of TikTok users use the app daily.

2. Ads on TikTok get an average 6% engagement rate.

3. TikTok's ad revenue is projected to triple by 2024.

Overall, developing an effective TikTok marketing strategy has become essential for reaching younger demographics.

Social Media Marketing Statistics For YouTube

The numbers highlight YouTube's dominance in video marketing. Providing unprecedented audience reach, it has billions of active users who consume enormous amounts of content each day. 

Here are some crucial statistics about YouTube that show YouTube’s significance among users.

1. YouTube has more than 2.5 billion monthly visitors. 

2. People watch over 1 billion hours of video per day on YouTube.

3. 70% of viewers purchased a product after seeing it on YouTube.

4. YouTube's ad revenues topped $32 billion in 2023.

YouTube's ad revenues reflect its effectiveness for product promotions and branded content. Today, businesses must use YouTube as a broader video marketing strategy.

Social Media Marketing Statistics For 𝕏 (Twitter) 

Stats highlight X's continued relevance for social media marketers. With hundreds of millions of active users frequently exposed to ads, X offers solid reach. 

While engagement rates are average compared to other social media platforms, X's targeting allows it to reach niche audiences. 

1. X has over 368 million monthly active users globally.

2. 42% of users view ads on X multiple times per day.  

3. Tweets have a 7% more average engagement rate.

As ad revenues keep growing, investing in an effective X marketing strategy remains valuable for businesses.

Social Media Marketing Statistics For Pinterest

Pinterest is a popular social media platform that has been helping users and businesses to get insights into the latest marketing trends. Here are some of the crucial social media marketing statistics for Pinterest:

1. Pinterest is largely used for project planning; this is so because 85% of the app's users use it to plan new projects.

2. Stats show that Pinterest received 2x the return on its ads on Pinterest than on the other platforms.

3. Pinterest's advertising revenue grew over 30% year-over-year.  

Brands admire Pinterest's ad performance and understand its potential for driving sales. As ad revenues surge, leveraging Pinterest within e-commerce strategies grows increasingly essential for businesses.

Social Media Marketing Statistics For LinkedIn 

Stats highlight LinkedIn's power for business-to-business marketing. With an immense professional network spanning the globe, it yields unmatched targeting capabilities. 

1. LinkedIn is perhaps the no.1 platform where you will find only educated users from over 200 countries.

2. Looking at the success of paid campaigns, sponsored content ads on LinkedIn obtained an engagement level of 60%.

3. LinkedIn Marketing's total revenue stood at $15 billion.

LinkedIn's audience holds significant purchasing influence and responds well to ads. As marketing revenue climbs, investing in an effective LinkedIn strategy produces tangible business impact for brands.

Social Media Marketing Statistics For Snapchat

Numbers showcase Snapchat's strength in reaching younger audiences. Its sizable and highly engaged Gen Z/Millennial user base presents unique marketing opportunities. 

1. Snapchat has over 422 million daily active users globally.

2. Over 75% of Snapchat's user base is under age 34.

3. On average, users spend over 30 minutes per day on Snapchat.

Snapchat's vertical video ads resonate well, driving impressive click-through rates. Brands looking to connect with the valuable youth demographic find Snapchat increasingly essential.

Future Of Social Media Marketing Strategies

These projections indicate massive continued growth in social media marketing. Video content's dominance will see increased emphasis on creative, engaging visuals. Many social media influencers' marketing boom reflects trust in authentic creator partnerships. 

• Global social media ad spending will surpass $276 billion by 2027.

• 91% of marketers plan to invest in video marketing over the next 12 months.

• 63% of businesses intend to increase their influencer marketing budgets.  

• Personalized advertising driven by AI and machine learning continues to multiply.

Using artificial intelligence and machine learning for hyper-personalized, precisely targeted ads will become table stakes. Overall, brands must continuously evolve social media marketing strategies to break through the noise. 

Prioritizing quality creative, human-centered storytelling, and data-driven optimization will drive future social success.

How Will AI Impact Social Media? 

Most professionals expect AI to transform industry practices very soon dramatically. Huge investments forecast in AI content tools signal their inevitability. 

Major platforms already use AI to enhance business offerings. AI chatbots will become the primary customer service channel due to their efficiency. 

Overall, the Social Media Advertising market must embrace AI's role in data-driven content personalization, audience targeting, engagement optimization, and automation across social strategies. Utilization of AI while retaining authentic human creativity will define competitive success.

The below-mentioned statistics highlight AI's rapidly growing influence over social media marketing. 

• 84% of Marketers believe AI will revolutionize the industry.

• The projected market size for AI content creation/curation tools is set to generate $25 billion by 2025.

• Over 30% of Instagram business accounts are already using AI for content recommendations

• 95% of Customer service queries to be handled by AI-powered chatbots by 2025 

Conclusion 

To sum up, the given statistics validate social media’s importance in the marketing domain. Today, there are applications like Facebook, Instagram, TikTok, and YouTube, which have billions of active users. 

This immense reach is then used in targeting, advertising, and content creation to form connections with consumers. As ad revenues soar across social channels, effective platform-specific approaches are essential for businesses to stay competitive. 

Looking ahead, AI, video, and influencer collaborations will increasingly shape the future of social media marketing. To capitalize on these social media trends and drive beneficial results, partner with industry-leading social experts. 

So, what are you waiting for? Build a customized, data-driven social strategy today that pushes your brand to new heights.